Policy Documents
Decisions & Orders

Document Sub-category:Cease Trade Orders (Failure To File)
Document No.:2001/12/19
Subject:ARMANDO ULRICH, et. al. [Sec. 164]
Amendments:
Published Date:12/19/2001
Effective Date:12/19/2001

______________________________

2001 BCSECCOM 1181







IN THE MATTER OF THE SECURITIES ACT R.S.B.C. 1996, c. 418

AND

IN THE MATTER OF ARMANDO ULRICH AND LILAC FINANCIAL LTD.


Cease Trade Order Under Section 164


Armando Ulrich (the “Insider”) is an insider of Pan Asia Mining Corp., a reporting issuer (the “Reporting Issuer”);

Various public documents filed with the British Columbia Securities Commission (the “Commission”) disclose the Insider controls, directly or indirectly, Lilac Financial Ltd. (“Lilac”);

The Insider’s last insider report, dated September 2, 1999, that it filed with the Commission discloses the Insider beneficially owns, indirectly through Lilac, 10 million shares of the Reporting Issuer;

From September 29, 2000 to July 17, 2001, the Insider, through Lilac, disposed of 9 million shares of the Reporting Issuer;

The Insider has failed to file the insider reports (the “Required Records”) required to be filed under section 87(2) and (4) of the Securities Act, R.S.B.C. 1996, c. 418;

It is ordered under section 164(1) of the Act that the Insider and Lilac cease trading in the securities of the Reporting Issuer until the Insider files the Required Records.

Vancouver, British Columbia, on December 19, 2001.






Wayne Redwick, C.G.A.
Director