CALGARY, Jan. 11 /CNW/ - The Alberta Securities Commission (ASC) has
extended an interim cease trade order against Puerto Vallarta, Mexico based
LandBankers International MX S.A. de C.V., BonZac Asociados S.A. de C.V. and
Saskatchewan resident Kelly Friesen related to the illegal marketing of
securities. The interim order will now remain in effect until a hearing of the
matter is concluded and a decision is rendered.
The interim cease trade order, originally issued on December 28, 2007,
ceases all trading of LandBankers securities, prohibits LandBankers, BonZac,
and Friesen from trading in any securities and denies them the use of
exemptions under the Alberta Securities Act.
The ASC encourages anyone with further information regarding the trading
of LandBankers securities to contact the ASC immediately by calling the Public
Inquiries Office at 403.297.4296 or toll free at 1.877.355.4488.
A copy of the interim cease trade order, the extension order and the
Notice of Hearing outlining the allegations can be found at
The ASC is the regulatory agency responsible for administering the
province's securities laws. It is entrusted to foster a fair and efficient
capital market in Alberta and to protect investors. As a member of the
Canadian Securities Administrators, the ASC works to improve, coordinate and
harmonize the regulation of Canada's capital markets.
For further information:
For further information: For Media Inquiries: Mark Dickey, Senior
Communications Advisor, (403) 297-4481, email@example.com; For Investor
Inquiries: ASC Public Inquiries, Toll Free 1-877-355-4488