CALGARY, April 5, 2018 /CNW/ - The Alberta Securities Commission (ASC) has issued an Interim Cease Trade Order against Imagine Research and Technology Inc.(Imagine), Douglas Alexander Whyte and Brian Michael Jones.
The Order requires that all trading in securities of Imagine must cease, that all the respondents cease trading in all securities and that all of the exemptions under the Securities Act do not apply to the respondents.
The Order took effect April 4, 2018 and remains in effect until any proceedings arising from the Investigation are concluded.
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: Hilary McMeekin, Manager, Communications, 403.592.8186; For Investor Inquiries: ASC Public Inquiries, Toll Free 1.877.355.4488