CALGARY, Nov. 13, 2015 /CNW/ - The Alberta Securities Commission (ASC) has withdrawn all charges it laid against John Bruce Kirk, Benjamin Thompson Kirk, and Dylan Leslie Boyle in the Provincial Court of Alberta on August 3, 2011. The charges related to the three men's involvement in Calgary-based Skymark Research and two associated stock promotion websites, which are no longer in operation.
In addition, the ASC has withdrawn a Notice of Hearing against The Tradeshow Marketing Company Ltd. and Pacific Blue Energy Corp., two Nevada corporations promoted by the websites that are also no longer in operation.
An Interim Cease Trade Order issued by the ASC in 2011 against these parties and others has been revoked in accordance with its terms, which stipulated that the order would remain in effect until final determination of the allegations in Court and the Notice of Hearing.
As previously announced, on October 15, 2015, John Kirk, Benjamin Kirk, and Dylan Boyle entered into a Settlement Agreement with the ASC that resolved the proceedings against them.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
SOURCE Alberta Securities Commission
For further information: For Media Inquiries: Mark Dickey, Senior Communications Advisor, 403.297.4481; For Investor Inquiries: ASC Public Inquiries, Toll Free 1.877.355.4488