THE SECURITIES ACT ) Order No. 6093 ) Section 148, 148.3 and 19(5) ) March 31, 2010 AMENDED AND RESTATED DAREN M. BROERS WHEREAS: (A) On January 16, 2009, the Alberta Securities Commission (“ASC”) issued a decision (“ASC Decision”) against Daren M. Broers (“BROERS”); (B) On February 22, 2010, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider whether or not it was in the public interest to grant orders pursuant to The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) with respect to BROERS; (C) BROERS has consented to the issuance of this Order and has waived his right to a full hearing; (D) The Commission is of the opinion that it is in the public interest to make this order. IT IS ORDERED: 1. THAT, pursuant to section 148 of the Act, BROERS cease trading in securities until January 16, 2019 and, furthermore, pursuant to subsection 19(5) of the Act, subsection 19(1) of the Act, with respect to such of the trades referred to in that subsection, and subsection 19(2) of the Act, with respect to such of the securities referred to in that subsection, do not apply to BROERS until January 16, 2019, except that as to all of the foregoing these orders shall not preclude BROERS from trading in securities through a registrant, who has first been given a copy of this order, in a single account for his benefit. 2. THAT, pursuant to section 148.3 of the Act, BROERS resign all positions he holds as a director or officer of any issuer and be prohibited from becoming or acting as a director or officer or both of any issuer until January 16, 2019, except that this order shall not preclude him from continuing to act as a director or officer or both of Pinnacle and Gecko solely for the purpose of conducting any legal proceedings on behalf of those two issuers, including any lawsuit, liquidation, dissolution or filing in bankruptcy, or from becoming or acting as a director or officer or both of an issuer wholly owned by BROERS or
members of his immediate family that does not issue or propose to issue securities. BY ORDER OF THE COMMISSION Page 2 Director, Legal and Enforcement
IN THE MATTER OF: THE SECURITIES ACT -and- IN THE MATTER OF: DAREN M. BROERS Notice TAKE NOTICE THAT on March 31, 2010 The Manitoba Securities Commission ("MSC") issued an order in this matter bearing the number 6049. Number 6049 was assigned in error, having previously been assigned to an earlier order in another matter. TAKE FURTHER NOTICE THAT staff of the MSC have corrected the numbering error and the Amended and Restated Order No. 6093 has been issued. DATED at Winnipeg, Manitoba on April 6, 2010. Douglas R. Brown Secretary to the Commission
THE SECURITIES ACT ) Order No. 6049 ) Section 148, 148.3 and 19(5) ) March 31, 2010 DAREN M. BROERS WHEREAS: (A) On January 16, 2009, the Alberta Securities Commission (“ASC”) issued a decision (“ASC Decision”) against Daren M. Broers (“BROERS”); (B) On February 22, 2010, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing to consider whether or not it was in the public interest to grant orders pursuant to The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) with respect to BROERS; (C) BROERS has consented to the issuance of this Order and has waived his right to a full hearing; (D) The Commission is of the opinion that it is in the public interest to make this order. IT IS ORDERED: 1. THAT, pursuant to section 148 of the Act, BROERS cease trading in securities until January 16, 2019 and, furthermore, pursuant to subsection 19(5) of the Act, subsection 19(1) of the Act, with respect to such of the trades referred to in that subsection, and subsection 19(2) of the Act, with respect to such of the securities referred to in that subsection, do not apply to BROERS until January 16, 2019, except that as to all of the foregoing these orders shall not preclude BROERS from trading in securities through a registrant, who has first been given a copy of this order, in a single account for his benefit. 2. THAT, pursuant to section 148.3 of the Act, BROERS resign all positions he holds as a director or officer of any issuer and be prohibited from becoming or acting as a director or officer or both of any issuer until January 16, 2019, except that this order shall not preclude him from continuing to act as a director or officer or both of Pinnacle and Gecko solely for the purpose of conducting any legal proceedings on behalf of those two issuers, including any lawsuit, liquidation, dissolution or filing in bankruptcy, or from becoming or acting as a director or officer or both of an issuer wholly owned by BROERS or
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