IN THE MATTER OF
THE SECURITIES ACT, 1988, S.S. 1988, c. S-42.2
AND
IN THE MATTER OF
URBAN ARMAND JOSEPH CASAVANT
DAVID DeSORMEAU
CASAVANT MINING KIMBERLITE INTERNATIONAL
CMKM DIAMONDS, INC.
MELVIN A. O'NEIL
TEMPORARY ORDER
(Section 134)
WHEREAS the Saskatchewan Financial Services Commission (the "Commission") has
delegated to the Director of the Securities Division (the "Director") the power to make orders
pursuant to Section 134 of The Securities Act, 1988 (the Act);
WHEREAS it has been represented to the Director by the staff of the Commission that:
1. Urban Armand Joseph Casavant ("Casavant"), David DeSormeau ("DeSormeau"),
Casavant Mining Kimberlite International ("CMKI"), CMKM Diamonds, Inc.
("CMKM") and Melvin A. O'Neil ("O'Neil"), (collectively the "Respondents") have
traded in the securities of CMKI and CMKM in Saskatchewan;
2. The Respondents traded in the securities of CMKI and CMKM when they were not
registered pursuant to section 27 of the Act;
3. The Respondents traded in the securities of CMKI and CMKM when no receipt had been
issued pursuant to section 58 of the Act with respect to those securities;
4. The Commission or Director has not issued an order pursuant to sections 83, 160 or any
other provision of the Act exempting the Respondents and the securities of CMKI and
CMKM from the registration and prospectus requirements of the Act;
5. The Respondents have, with the intention of effecting trades in the securities of CMKI
and CMKM, made statements which they know or ought reasonably to know are
misrepresentations, contrary to subsection 44(3.1) of the Act;
AND WHEREAS the Director is of the opinion that it is in the public interest to make this
Order;
AND WHEREAS the Director is of the opinion that the length of time required for a hearing
would be prejudicial to the public interest;
THE DIRECTOR HEREBY ORDERS:
1. Pursuant to clause 134(1)(d) of the Act that trading in all securities by and of
The Respondents cease forthwith up to and including November 9, 2004; and
2. Pursuant to clause 134(1)(a) of the Act, that the exemptions contained in sections 38, 39,
39.1, 81, 82 and 102 of the Act and the exemptions contained in The Securities
Regulations, R.R.S., c. S-42.2 Reg 1, which provide for exemptions from the
requirements of sections 27, 58, 71 or 104 to 109 of the Act, shall not apply forthwith up
to and including November 9, 2004, with respect to any trade in securities by the
Respondents;
AND TAKE NOTICE THAT:
1. This Order may be extended for such period as the Director considers necessary where
sufficient information is not provided to the Director on or before November 9, 2004;
2. The Commission will, at the request of any person or company named in this Order, grant
a hearing before the Commission with respect to the within matter, such hearing to be
held at such time and place as the Commission shall determine;
3. The purpose of such hearing will be to consider whether it is in the public interest that a
permanent cease trade order pursuant to clause 134(1)(d) of the Act and a permanent
prohibition of statutory exemptions pursuant to clause 134(1)(a) of the Act be made with
respect to the Respondents by reason of the conduct herein before described and by
reason of failing to provide the Commission with satisfactory information on or before
the date of the hearing or any extension thereof by the Commission;
4. Any party to these proceedings may be represented by counsel of their choice at any such
hearing before the Commission; and
5. Upon failure of any party to attend any such hearing at the time and place set therefore,
the hearing may proceed in the absence of such party and such party is not entitled to any
further notice of the proceedings therein.
DATED at Regina, Saskatchewan on October 26, 2004.
“Barbara Shourounis”
Barbara Shourounis
Director - Securities Division
Saskatchewan Financial Services Commission