September 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

September 2012

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Securities − 2329258 Ontario Ltd. approval of notice pursuant to National Instrument 31-103

September 28, 2012 - Saskatchewan Financial Services Commission (SFSC) approval letter issued to 2329258 Ontario Ltd. pursuant to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) on the same terms and conditions as the Ontario Securities Commission.

Approval Letter - September 28, 2012

Securities – Extorre Gold Mines Limited Decision pursuant to section 92 of The Securities Act, 1988

September 28, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Extorre Gold Mines Limited is no longer a reporting issuer.

Decision - September 28, 2012

Securities – Xceed Mortgage Trust Decision pursuant to section 92 of The Securities Act, 1988

September 27, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Xceed Mortgage Trust is no longer a reporting issuer.

Decision - September 27, 2012

Securities – New General Order 31-920 Order Extending Transitional Relief from Investment Fund Manager Registration Requirement Pursuant to Sections 16.5 and 16.6 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations

September 25, 2012 – Effective September 25, 2012, General Order 31-920 extends transitional relief to certain persons and companies, from investment fund manager registration requirement pursuant to sections 16.5 and 16.6 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations.

General Order 31-920

For more information contact:

Dean Murrison, 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: dean.murrison@gov.sk.ca

Securities – New General Order 31-921 Order Extending Transitional Relief from the Requirement to Provide Dispute Resolution Services Pursuant to Section 13.16 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations

September 25, 2012 – Effective September 25, 2012, General Order 31-910 extends transitional relief to certain persons and companies from the requirments of section 13.16 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations to provide dispute resolution services.

General Order 31-921

For more information contact:

Securities – New General Order 51-910 Order Exempting Issuers from Multilateral Instrument 51-105 Issuers Quoted in the U.S. Over-the-Counter Markets

September 25, 2012 – Effective September 25, 2012, General Order 51-910 exempts certain issuers from Multilateral Instrument 51-105 Issuers Quoted in the U.S. Over-the-Counter Markets.

General Order 51-910

For more information contact:

Securities – Revocation Order in the Matter of Moon Lake Golf & Country Club Ltd.

September 21, 2012 - The Saskatchewan Financial Services Commission (SFSC) has issued an order in the Matter of Moon Lake Golf & Country Club Ltd. that the cease trade order dated April 9, 2012 is revoked.

Revocation Order - September 21, 2012

For more information contact:

Tony Herdzik, Acting Deputy Director, Corporate Finance
Securities Division
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5849
Fax: (306) 787-5899
Email: tony.herdzik@gov.sk.ca

Securities – New Flyer Industries Canada ULC Decision pursuant to section 92 of The Securities Act, 1988

September 19, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that New Flyer Industries Canada ULC is no longer a reporting issuer.

Decision - September 19, 2012

Securities – Notice of Call to Schedule Hearing Dates In the Matter of H.H. Fast Investments Ltd. et al

September 19, 2012 - The Saskatchewan Financial Services Commission (SFSC) has issued a Notice of Call to Schedule Hearing Dates In The Matter of H.H. Fast Investments Ltd., Eldred Fast, Beverly Letkeman and Cindylee Sanson. Call Scheduled for December 5, 2012 at 9:00 a.m.

Notice of Call to Schedule Hearing Dates - September 19, 2012

For more information, please contact:

Sonne Udemgba, Acting Deputy Director, Legal
Securities Division
Saskatchewan Financial Services Commission
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5879
Fax: (306) 787-5899
Email: sonne.udemgba@gov.sk.ca

Securities − Burgeonvest Financial Corporation approval of notice pursuant to National Instrument 31-103

September 18, 2012 - Saskatchewan Financial Services Commission (SFSC) approval letter issued to Burgeonvest Financial Corporation pursuant to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103), in regards to the proposed acquisition of beneficial ownership of Burgeonvest Bick Corporation, on the same terms and conditions as the Ontario Securities Commission.

Approval Letter - September 18, 2012

Securities - Notice of Republication and Request for Comment - Proposed National Instrument 51-103 Ongoing Governance and Disclosure Requirements for Venture Issuers

Canadian securities regulators seek further comment on proposed rule for venture issuers

September 13, 2012 - The Canadian Securities Administrators (CSA) published for a second comment period proposed National Instrument 51-103 Ongoing Governance and Disclosure Requirements for Venture Issuers (NI 51-103), which was originally published for comment in July 2011.

NI 51-103 introduces a proposed new tailored regulatory regime for venture issuers that is intended to streamline and tailor venture issuer disclosure to reflect the needs and expectations of venture issuer investors and to make the disclosure requirements for venture issuers more suitable and more manageable for issuers at this stage of development. The proposals address continuous disclosure and governance obligations as well as disclosure for prospectus offerings and certain exempt offerings that require prescribed disclosure.

After further consideration and input from market participants, the CSA has decided to change some aspects of the July 2011 proposal. The most significant change is a change to the interim reporting requirements. Rather than require interim reporting only at mid year, we now propose requiring interim reporting at each of the 3, 6 and 9 month periods. These interim reports would include financial statements and a short discussion of the venture issuer’s operations and liquidity, referred to as “quarterly highlights”. Several other changes are also being proposed. For details, please refer to the CSA Notice.

“Industry and investor feedback is an important part of ensuring that proposed rules will be effective and reflect the needs and expectations of regulators, market participants and investors,” said Bill Rice, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. “The venture market is a very important part of Canada’s capital markets. As regulators, we recognize the importance of venture issuers and strive to balance promoting efficiency within the capital markets with ensuring that investors receive the information they need to make informed decisions.”

The CSA is seeking written comments from investors and industry on proposed NI 51-103 and related amendments. To comment, and for further information about this proposal, please refer to the CSA Notice of Republication and Request for Comment regarding Proposed National Instrument 51-103 and related amendments. The notice is available on several CSA member websites.

The comment period is open until December 12, 2012.

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

For more information contact:

Securities – Statement of Allegations of Staff of the Saskatchewan Financial Services Commission (SFSC) in the Matter of H.H. Fast Investments Ltd. et al

September 17, 2012 - Statement of Allegations of Staff of the Saskatchewan Financial Services Commission in the Matter of H.H. Fast Investments Ltd., Eldred Fast, Beverly Letkeman and Cindylee Sanson.

Statement of Allegations of Staff - September 17, 2012

For more information, please contact:

Securities – Terrane Metals Corp. Decision pursuant to section 92 of The Securities Act, 1988

September 14, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Terrane Metals Corp. is no longer a reporting issuer.

Decision - September 14, 2012

Securities – Open Range Energy Corp. Decision pursuant to section 92 of The Securities Act, 1988

September 13, 2012 - Decision pursuant to section 92 of The Securities Act, 1988 that Open Range Energy Corp. is no longer a reporting issuer.

Decision - September 13, 2012

Securities – Judgment of the Court of Appeal for Saskatchewan in the Matter of Alena Marie Pastuch et al

September 13, 2012 – today the Court of Appeal for Saskatchewan issued a judgment dismissing an appeal from the decision of the Saskatchewan Financial Services Commission (SFSC) dated October 19, 2011 and Order dated November 17, 2011 in The Matter of Alena Marie Pastuch, Teamworx Productions Ltd., Idendego Inc., 101114386 Saskatchewan Ltd., 101115379 Saskatchewan Ltd. and Cryptguard Ltd. (the Respondents). The appeal was filed by the Respondents.

Judgement of the Court of Appeal for Saskatchewan - September 13, 2012

For more information, please contact:

Securities – The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2012 (No. 4) come into force

The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2012 (No. 4) came into force on September 7, 2012. The regulations amend National Instrument 25-101 Designated Rating Organizations, and made consequential amendments to National Instrument 41-101 General Prospectus Requirements, National Instrument 44-101 Short Form Prospectus Distributions and National Instrument 51-102 Continuous Disclosure Obligations.

Commission Regulations 2012 (No.4)

For more information contact:

Securities – The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2012 (No. 5) come into force

The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2012 (No. 5) came into force on September 7, 2012. The regulations amend National Instrument 21-101 Marketplace Operation, National Instrument 23-101 Trading Rules, Form 21-101F1 Information Statement Exchange or Quotation and Trade Reporting System, Form 21-101F2 Initial Operation Report Alternatives Trading System, Form 21-101F3 Quarterly Report of Marketplace Activities and Form 21-101F5 Initial Operation Report for Information Processor.

Commission Regulation 2012 (No.5)

For more information contact:

Securities – The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2012 (No. 6) come into force

September 7, 2012 - The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2012 (No. 6) came into force on September 7, 2012. The regulations amend Multilateral Instrument 51-105 Issuers Quoted in The U.S. Over-the-Counter Markets, Form 51-105F1 Notice – OTC Issuers Ceases to be an OTC Reporting Issuer, Form 51-105F2 Notice of Promotional Activities, Form 51-105F3A Personal Information Form and Authorization of Indirect Collection, Use and Disclosure of Personal Information, Form 51-105F3B Personal Information Form and Authorization of Indirect Collection, Use and Disclosure of Personal Information and Form 51-105F4 Notice- Issuer Ceases to be an OTC Reporting Issuer.

Commission Regulation 2012 (No.6)

For more information contact:

Securities − Pier 21 Asset Management Inc. approval of notice pursuant to National Instrument 31-103

September 7, 2012 - Saskatchewan Financial Services Commission (SFSC) approval letter issued to Pier 21Asset 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 the Ontario Securities Commission.

Approval Letter - September 7, 2012

Securities − Extending Order in the Matter of Ocean International Ltd et al

September 7, 2012 − The Saskatchewan Financial Services Commission (SFSC) today issued an Extending Order in the Matter of Ocean International Ltd, Wealth Capital Corp, Manhattan Capital Corp, James Lee, Jamie Lyons, Jamie Marsh and Roger White.

Extending Order - September 7, 2012

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