British Columbia Securities Commission
Tel: 604 899-6500 Fax: 604 899-6506 Toll Free: 1 800-373-6393 www.bcsc.bc.ca P.O. Box 10142, Pacific Centre, 701 West Georgia Street, Vancouver, BC, Canada V7Y 1L2
Citation: 2014 BCSECCOM 409
Cease Trade Order
St. Elias Mines Ltd. Vega Mining Inc.
(each referred to separately as the Reporting Issuer)
Section 164 of the
Securities Act,
R.S.B.C. 1996, c. 418
¶ 1 The Reporting Issuer has not filed:
1. a comparative financial statement for its financial year ended May 31, 2014, as required under Part 4 of National Instrument 51-102
Continuous Disclosure Obligations
(NI 51-102), and
2. a Form 51-102F1
Management's Discussion and Analysis
for the period ended
May 31, 2014, as required under Part 5 of NI 51-102
(the required records).
¶ 2 Under section 164(1) of the Act, the Executive Director orders that all trading in the securities of the Reporting Issuer cease until:
1. it files the required records, completed in accordance with the Act and rules, and
2. the Executive Director revokes this order as it applies to the Reporting Issuer.
¶ 3 Despite this order, a beneficial shareholder of the Reporting Issuer who is not, and was not at the date of this order, an insider or control person of that Reporting Issuer, may sell securities of the Reporting Issuer acquired before the date of this order, if:
1. the sale is made through a market outside Canada, and
2. the sale is made through an investment dealer registered in British Columbia.
¶ 4 October 3, 2014
