March 2012

Securities Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

Tel: (306)787-5645

Fax: (306)787-5899

Email: fcaa@gov.sk.ca

March 2012

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Grande Cache Coal Corporation - Decision pursuant to section 92 of The Securities Act, 1988

March 30, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Grand Cache Coal Corporation is no longer a reporting issuer.

Decision - March 30, 2012

Securities – New General Order 44-903 Designating the Alpha Main and Alpha Venture Plus marketplaces as a designated exchange pursuant to NI 62-104 respecting Take-over and issuer bids

March 30-2012 - General Order 44-903 Order Designating the "Alpha Main" and "Alpha Venture Plus" marketplaces as a designated exchange pursuant to National Instrument 62-104 respecting Take-over bids and issuer bids.

General Order 44-903

For more information contact:

Ola Ben-Ajayi, Legal Counsel
Securities Division
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 788-3381
Fax: (306) 787-5899
Email: ola.ben-ajayi@gov.sk.ca

Securities – New General Order 44-902 Exemption for Issuers whose Securities are Listed on the Alpha Main Marketplace

March 30, 2012 - General Order 44-902 Order Exempting Issuers whose Securities are Listed on the Alpha Main Marketplace Operated by Alpha Exchange Inc. from Certain Requirements of Securities Legislation.

General Order 44-902

For more information contact:

Securities – New General Order 44-901 Exemption for Issuers whose Securities are Listed on the Alpha Venture Plus Marketplace

March 30, 2012 - General Order 44-901 Order Exempting Issuers whose Securities are Listed on the Alpha Venture Plus Marketplace Operated by Alpha Exchange Inc. from Certain Requirements of Securities Legislation.

General Order 44-901

For more information contact:

Securities – Hahn Investment Stewards & Company Inc. - Approval of Notice pursuant to NI 31-103

March 30, 2012 - Hahn Investment Stewards & Company Inc. Approval of Notice of proposed transaction pursuant to National Instrument 31-103 Registration Requirements, exemptions and Ongoing Registrant Obligations.

Approval Letter - March 30, 2012

Securities – Anvil Mining Limited - Decision pursuant to section 92 of The Securities Act, 1988

March 29, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Anvil Mining Limited is no longer a reporting issuer.

Decision - March 29, 2012

CSA Issues Investor Watch Regarding Foreign Currency Exchange (Forex/FX) Trading

March 29, 2012 – The Canadian Securities Administrators (CSA) today issued an investor watch to make investors aware of the significant risks involved in foreign currency exchange (Forex/FX) investments. Investors who trade Forex are also warned against dealing with unregistered firms offering Forex trading.

The investor watch was created after CSA staff identified an increase in unregistered foreign exchange trading services being offered to Canadian investors, by both Canadian and foreign firms.

“Forex trading can be complex, volatile and extremely risky. It should only be entered into if investors are aware of the risks and prepared to lose their investment,” said Bill Rice, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. “If they do enter this market, investors are advised to get expert advice from a registered professional before participating in Forex trading or purchasing a Forex-related investment.”

Use the National Registration Search or check with your local securities regulator to find out if an individual or firm is registered in your province or territory.

To improve public understanding of foreign exchange trading, the CSA have published a detailed document describing Forex and the various risks associated with this type of investment. It has also created a Forex resource page on its website.

Investors should be aware of the potential for fraud and avoid offers to trade Forex associated with any of these characteristics:

a guarantee of little or no risk and high investment returns;
dealers or brokers that are not registered with the provincial or territorial securities commissions, and typically are based outside of Canada where it can be difficult or impossible to protect or retrieve funds;
an unwillingness to discuss the past performance or track record of the specialist traders who will purportedly handle their money;
an unwillingness to identify specialist traders or traders located in offshore jurisdictions who will purportedly handle their money; and/ or
high-pressure sales techniques to buy a Forex investment, to purchase software or take courses related to Forex trading.

This investor watch is published on the new Investor Alert Page and is the first major one issued by the CSA since the launch of this resource on its website. This centralized location of investor alerts is designed to aid the public in identifying potential threats related to investing.

The Investor Alerts list is available on the CSA website.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

For more information, please contact:

Jennifer Anderson
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 798-4160
Fax: (306) 787-9006
Email: jennifer.anderson2@gov.sk.ca

Securities – Futuremed Healthcare Products Corporation - Decision pursuant to section 92 of The Securities Act, 1988

March 29, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Futuremed Healthcare Products Corporation is no longer a reporting issuer.

Decision - March 29, 2012

Securities – Natcan Investment Management Inc. approval of notice pursuant to National Instrument 31-103

March 28, 2012 - The Saskatchewan Financial Services Commission (SFSC) approval letter issued to Natcan Investment Management Inc. pursuant to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) on the same terms and conditions as l'Autorite des marches financiers.

Approval Letter - March 28, 2012

Securities – Quadra FNX Mining Ltd. - Decision pursuant to section 92 of The Securities Act, 1988

March 28, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Quadra FNX Mining Ltd. is no longer a reporting issuer.

Decision - March 28, 2012

Securities – CANMARC Real Estate Investment Trust - Decision pursuant to section 92 of The Securities Act, 1988

March 27, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that CANMARC Real Estate Investment Trust is no longer a reporting issuer.

Decision - March 27, 2012

Securities – Eldorado Gold Yukon Corp. - Decision pursuant to section 92 of The Securities Act, 1988

March 26, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Eldorado Gold Yukon Corp. is no longer a reporting issuer.

Decision - March 26, 2012

Securities – Amendments to National Instrument 21-101 Marketplace Operation and 23-101 Trading Rules

March 23, 2012 - The Canadian Securities Administrators (CSA) have made amendments to NI 21-101 and NI 23-101. In Saskatchewan, the Amendments are delivered to the Minister of Justice for approval. Unless the Minister rejects the Amendments or returns them to the Commission for further consideration, they will come into force on July 1, 2012, with the exception of Form 21-101F3 which comes into force on December 31, 2012.

For more information contact:

Dean Murrison, Deputy Director Legal/Registration
Securities Division
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5879
Fax: (306) 787-5899
Email: dean.murrison@gov.sk.ca

Securities – NB Split Corp. - Decision pursuant to section 92 of The Securities Act, 1988

March 20, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that NB Split Corp. is no longer a reporting issuer.

Decision - March 20, 2012

Securities – Titan Uranium Inc. - Decision pursuant to section 92 of The Securities Act, 1988

March 20, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Titan Uranium Inc. is no longer a reporting issuer.

Decision - March 20, 2012

Securities – Great Western Minerals Group Ltd. - Decision pursuant to section 44 of The Securities Act, 1988

March 19, 2012 - Decision pursuant to section 44 of The Securities Act, 1988

Decision - March 19, 2012

Securities – Revised Notice of Adjournment and Order in the Matter of Alena Marie Pastuch et al

March 15, 2012 – The Saskatchewan Financial Services Commission (SFSC) Revised Notice of Adjournment and Order in the Matter of Alena Marie Pastuch, Teamworx Productions Ltd., Indendego Inc., 101114386 Saskatchewan Ltd., 101115379 Saskatchewan Ltd. and Cryptguard Ltd.

Revised Notice of Adjournment and Order - March 15, 2012

For more information contact:

Sonne Udemgba, Legal Counsel
Securities Division
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5871
Fax: (306) 787-5899
Email: sonne.udemgba@gov.sk.ca

Securities – Alpha Trading Systems Limited Partnership - Decision pursuant to section 160 of The Securities Act, 1988

March 13, 2012 - Decision pursuant to section 160 of the Securities Act, 1988 - Relief from the requirement to be recognized as a stock exchange, an exchange or a self regulatory organization with provisions.

Decision - March 13, 2012

For more information contact:

Dean Murrison, Deputy Director, Legal/Registration
Securities Division
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5879
Fax: (306) 787-5899
Email: dean.murrison@gov.sk.ca

Securities – Pacific Northern Gas Ltd. - Decision pursuant to section 92 of The Securities Act, 1988

March 9, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Pacific Northern Gas Ltd. is no longer a reporting issuer.

Decision - March 9, 2012

Securities – Extending Order in the Matter of UFX Bank et al

March 8, 2012 – The Saskatchewan Financial Services Commission (SFSC) Extending Order in the Matter of UFX Bank, Mike Lane and Amy Walsh.

Extending Order - March 8, 2012

For more information contact:

Ola Ben-Ajayi, Legal Counsel
Securities Division
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 783-3381
Fax: (306) 787-5899
Email: ola.ben-ajayi@gov.sk.ca

Securities – New Saskatchewan Policy Statement 12-602 Procedure for Hearings and Reviews

March 8, 2012 – The Saskatchewan Financial Services Commission adopted new Saskatchewan Policy Statement 12-602 Procedure on Hearings and Reviews. It governs hearings and reviews under The Securities Act, 1988 and replaces the current policy.

Saskatchewan Local Policy Statement 12-602

For more information contact:

Barbara Shourounis, Director
Securities Division
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5842
Fax: (306) 787-5899
Email: barbara.shourounis@gov.sk.ca

Securities – Settlement Agreement and Order in the Matter of Nudawn Enterprises Ltd., Ronald Jerry Fast and Danielle Fast-Carlson

March 8, 2012 – The Saskatchewan Financial Services Commission Settlement Agreement and Order in the Matter of Nudawn Enterprises Ltd., Ronald Jerry Fast and Danielle Fast-Carlson

For more information, please contact:

Online Fraud Awareness Campaign Confirms Investors’ Vulnerability

March 6, 2012 – Results of a recent Canadian securities regulators' fraud awareness campaign confirm investors remain vulnerable to online investment fraud. Internet ads and unsolicited emails posted during the online campaign enticed many visitors to a phoney scam website set up by the regulators.

“Our recent campaign showed us that people are willing to click on online ads and open emails touting investment opportunities from unknown sources,” said Bill Rice, Chair of the Canadian Securities Administrators (CSA) and Chair and CEO of the Alberta Securities Commission. “Potential investors need to be more wary when dealing with investment opportunities they see advertised online.”

From November 27, 2011 to February 5, 2012, Canadian securities regulators ran a public education initiative that included online advertisements and social media promotions that pointed to a video and website of a fictitious company, BlueHedge Investments, to illustrate how scam artists use these online tools to lure unsuspecting investors. If those who landed on the fictitious company’s website tried to enter any personal information or clicked to ‘Invest Now’, they were redirected to an educational website with tools and information about recognizing, avoiding and reporting investment scams they might find online or via social media.

During the 10-week campaign, the BlueHedge website received almost 18,000 visits from across Canada with 71 per cent of those arriving to the site because they clicked on online ads, many of which were featured on popular search engine sites. As well, regulators found that more than 10 per cent of those who received unsolicited emails from BlueHedge opened the emails, and of those, almost 13 per cent clicked on the provided BlueHedge links.

“Our enforcement teams across the country have firsthand knowledge of how unscrupulous promoters are turning to the internet to market their fraudulent investment opportunities and the threat these online investment scams pose to Canadian investors,” said Rice. “Canadian securities regulators felt it was important to address these tactics head on and educate potential investors in the same spaces where fraudsters solicit their victims.”

As recently as February, a Canadian regulator took action against an online operation purportedly based in the UK that defrauded a Saskatchewan resident of approximately $27,000. Other regulators such as the North American Securities Administrators Association (NASAA) have also recently cautioned investors to ensure they know who they are doing business with when considering investments pitched through social networking sites.

For those who were intrigued by the BlueHedge offering and tried to provide their personal information or clicked on an ‘Invest Now’ link, regulators provided information and tools such as the five red flags to recognizing an online investment scam:

1. Guaranteed high returns, no risk
2. High pressure sales tactics to invest right away
3. Tax-free and offshore
4. Slick appearances that don’t measure up
5. Lack of quality information

The education website, www.BlueHedgeIsntReal.ca, provides quick tips for would-be investors, including a five-minute primer about five things to do to arm yourself against a persuasive pitch from an investment scam artist:

1. Know your goals
2. Know who you’re dealing with
3. Know your investments
4. Know the red flags of fraud
5. Know where to go for help

Both the BlueHedge Investments website (www.BlueHedge.ca) and the education website, (www.BlueHedgeIsntReal.ca) remain active, serving as investor education resources. Throughout Fraud Prevention Month in March, people are urged to visit BlueHedgeIsntReal.ca to assess their investment scam savvy and use the social media tools provided to help share the information and “Warn a Friend” so they can also test their online investment fraud awareness.

CSA members involved in the initiative include: the Alberta Securities Commission; the Autorité des marchés financiers of Québec; the British Columbia Securities Commission; the Office of the Superintendent of Securities, Service NL Newfoundland and Labrador; the New Brunswick Securities Commission; the Northwest Territories Securities Office; the Nova Scotia Securities Commission; the Nunavut Securities Office; the Prince Edward Island Securities Office; the Saskatchewan Financial Services Commission; and the Yukon Securities Registry.

The CSA, the council of securities regulators of Canada’s provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets.

For more information, please contact:

CSA and IIROC Seek Input on Trade Transparency

March 2, 2012 – The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) announced today that they are seeking feedback from investors and market participants on appropriate disclosure and transparency measures related to short sales and failed trades in Canada.

A joint CSA and IIROC Working Group has been monitoring and reviewing international regulatory approaches to issues arising from short selling and failed trades. The Working Group is seeking feedback on a range of regulatory options aimed at strengthening Canada's regulatory regime, including enhanced disclosure of short sales and some public disclosure of failed trades.

“Effective disclosure and transparency practices are fundamental to maintaining fair and efficient capital markets,” said Bill Rice, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. “A key consideration in our consultation will be striking the appropriate balance between enhancing trade transparency and maintaining a cost-efficient structure that encourages greater market participation.”

“This consultation effort complements a series of measures IIROC has pursued to improve the regulatory framework for short sales in Canada and to strengthen the integrity of the Canadian marketplace,” said Susan Wolburgh Jenah, IIROC’s President and Chief Executive Officer.

A copy of the joint CSA/IIROC Notice is available on the websites of CSA members and on IIROC’s website, where IIROC has today posted other Notices related to short sales as well. The consultation period is open until May 31, 2012.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

For more information, please contact:

Securities − CSA Staff Notice 41-307 Corporate Finance Prospectus Guidance

March 2, 2012 − The Canadian Securities Administrators (CSA) today released Staff Notice 41-307 Corporate Finance Prospectus Guidance. The purpose of this staff notice is to alert issuers (other than investment fund issuers) and their advisors about our approach where there are concerns regarding the financial condition of an issuer and/or the sufficiency of proceeds in the context of a prospectus offering. In limited circumstances, these concerns may affect our ability to recommend that a receipt be issued for a prospectus. This staff notice applies to all prospectus reviews, regardless of whether the offering is an IPO, new issue or secondary offering.

This notice describes issues that have arisen in past prospectus reviews and explain the types of comments we have raised about an issuer’s financial condition and/or the sufficiency of proceeds.

This guidance applies to issuers that have short-term liquidity concerns and/or offerings that do not appear to be raising sufficient proceeds. We recognize the importance of capital formation in Canada, and this guidance is not intended to inhibit capital raising through a prospectus offering other than where there are significant investor protection concerns.

CSA Staff Notice 41-307

For more information please contact:

Ian McIntosh
Saskatchewan Financial Services Commission
Phone 306-787-5867
Email: ola.ben-ajayi@gov.sk.ca

Securities – The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2012 (No. 2) come into force

The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2012 (No. 2) came into force on March 1, 2012. The regulations amend National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations.

Commission Regulation 2012 (No.2)

For more information contact:

Securities Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

Tel: (306)787-5645

Fax: (306)787-5899

Email: fcaa@gov.sk.ca