Decisions

Severstal Gold NV, Bluecone Limited, Endeavour Financial Luxembourg SARL, Endeavour Financial Corporation and Crew Gold Corporation [Reasons for Ruling]

BCSECCOM #:
2010 BCSECCOM 181
Document Type:
Reasons for Ruling
Published Date:
2010-04-12
Effective Date:
2010-04-08
Details:

2010 BCSECCOM 181

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Hearing

 
PanelBrent W. AitkenVice Chair
 Don RowlattCommissioner
 Suzanne K. WiltshireCommissioner

Date of applicationMarch 30, 2010

Date of rulingMarch 30, 2010

Date of reasons issuedApril 8, 2010

Appearing 
Craig A.B. Ferris
Heather M. Cane

For Severstal Gold NV and Bluecone Limited

William C. Kaplan
Sean K. Boyle

For Endeavour Financial Luxembourg SARL and Endeavour Financial Corporation

Robert W. Cooper

For Crew Gold Corporation

C. Paige Leggat
Gordon R. Smith
For the Executive Director

Reasons for Ruling

¶ 1 In a ruling on March 30, 2010, we dismissed an application under section 165(3) of the Securities Act, RSBC 1996, c. 418, by Severstal Gold NV and Bluecone Limited for a hearing and review of the executive director’s refusal to make temporary orders against Endeavour Financial Luxembourg SARL and Endeavour Financial Corporation (see 2010 BCSECCOM 168). Severstal and Bluecone applied in the alternative that the Commission make the orders.

¶ 2 These are the reasons for our ruling.


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