ASC Extends Cease Trades Against Robert John Harris and Harris Agencies

CALGARY, April 30 /CNW/ - The Alberta Securities Commission (ASC) has extended an Interim Cease Trade Order against Robert John Harris, operating as Harris Agencies, based on allegations that he engaged in illegal trading and distribution of securities in Alberta. The Interim Cease Trade Order remains in effect until a hearing into this matter is concluded and a decision is rendered, or until otherwise ordered by the ASC.

The Interim Cease Trade Order prohibits all trading in securities issued by Harris and Harris Agencies. The order also prohibits Harris and Harris Agencies from trading in all securities and relying on any Alberta securities law exemptions. An ASC panel issued the interim cease trade order after hearing evidence from ASC staff that Harris, operating as Harris Agencies, distributed securities in Alberta without registration, a prospectus or use of an applicable exemption.

Copies of the Extended Interim Cease Trade Order, Interim Cease Trade Order and Notice of Hearing can be found 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 to foster a fair and efficient capital market in Alberta and to protect investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

For further information: For Media Inquiries: Mark Dickey, Senior Communications Advisor, [phone]; For Investor Inquiries: ASC Public Inquiries, Toll Free 1-877-355-4488