Securities Act, S.B.C. 1985, c. 83, s. 145.1.

ORDER:-- WHEREAS an Agreed Statement of Facts and Undertaking was executed by Richard David Bray ("Bray") and the Superintendent of Brokers (the "Superintendent") a copy of which is attached hereto as Schedule "A";

NOW THEREFORE the Superintendent, considering that it would be in the public interest to do so, orders that pursuant to Section 145.1 of the Act, Bray is prohibited from becoming or acting as a director or officer of any reporting issuer for a period of two years commencing May 15, 1989 up to and including May 15, 1991.

N. de GELDER
Superintendent of Brokers

1.		I HEREBY CONSENT to an order of the Superintendent pursuant to Section 145.1 of the Securities Act S.B.C. c. 83, as amended (the "Act") in the form annexed hereto.
2.		As the basis for prohibition from becoming or acting as a director or officer of any issuer pursuant to Section 145.1 of the Act, I acknowledge that the facts set forth in this paragraph are correct:

(a)		For a portion of the time between December, 1986 and May, 1988 I served as a director of Nuspar Resources Ltd. ("Nuspar").
(b)		I understand that news releases issued by Nuspar between December 16, 1986 and May 24, 1988 contained statements which were misrepresentations within the meaning of the Act, although at the time the news releases were issued until I ceased to act as a director of Nuspar I had no knowledge of the misrepresentations.

3.		I waive my right to a hearing and review by the British Columbia Securities Commission pursuant to Section 149 of the Act with respect to the Order.
4.		I hereby agree to pay to the order of Her Majesty the Queen in right of the Province of British Columbia represented by the Minister of Finance the sum of $2,000 for costs of this investigation.