ASC accuses Calgary couple of breaching undertakings

CALGARY, Sept. 9, 2015 /CNW/ - Alberta Securities Commission (ASC) staff have issued a Notice of Hearing alleging Dwight Victor Spaetgens and his spouse, Maureen Patricia Murray, breached undertakings they gave to the ASC to cease and refrain from trading in or purchasing securities, and to cease and refrain from becoming or acting as a director or officer of any issuer for a specified period.

These allegations have not yet been proven.

An appearance to set a date for a hearing will be held on Wednesday, November 4, 2015, at 10:00 a.m. in the ASC Hearing Room, 5^th Floor, 250 – 5^th Street SW, Calgary, Alberta.

A copy of the Notice of Hearing is available on the ASC website at www.albertasecurities.com.

The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

SOURCE Alberta Securities Commission

For Media Inquiries: Mark Dickey, Senior Communications Advisor, 403.297.4481; For Investor Inquiries: ASC Public Inquiries, Toll Free 1.877.355.4488