80_FR_80671 80 FR 80424 - Bravo Resource Partners, Ltd., First Potash Corp., HIP Energy Corporation, Musgrove Minerals Corp., and Starcore International Ventures Ltd. (a/k/a Starcore International Mines Ltd.); Order of Suspension of Trading

80 FR 80424 - Bravo Resource Partners, Ltd., First Potash Corp., HIP Energy Corporation, Musgrove Minerals Corp., and Starcore International Ventures Ltd. (a/k/a Starcore International Mines Ltd.); Order of Suspension of Trading

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 247 (December 24, 2015)

Page Range80424-80425
FR Document2015-32576

Federal Register, Volume 80 Issue 247 (Thursday, December 24, 2015)
[Federal Register Volume 80, Number 247 (Thursday, December 24, 2015)]
[Notices]
[Pages 80424-80425]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-32576]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


Bravo Resource Partners, Ltd., First Potash Corp., HIP Energy 
Corporation, Musgrove Minerals Corp., and Starcore International 
Ventures Ltd. (a/k/a Starcore International Mines Ltd.); Order of 
Suspension of Trading

December 22, 2015.
    It appears to the Commission that there is a lack of current and 
accurate information concerning the securities of Bravo Resource 
Partners, Ltd. (``BRPNF'') (CIK No. 1116137), a Yukon corporation 
located in Englewood, Colorado with a class of securities registered 
with the Commission pursuant to Exchange Act Section 12(g) because it 
is delinquent in its periodic filings with the Commission, having not 
filed any periodic reports since it filed a Form 10-Q for the period 
ended October 31, 2011. On April 22, 2015, Corporation Finance sent a 
delinquency letter to BRPNF requesting compliance with its periodic 
filing requirements but BRPNF did not receive the delinquency letter 
due to its failure to maintain a valid address on file with the 
Commission as required by Commission rules (Rule 301 of Regulation S-T, 
17 CFR 232.301 and Section 5.4 of EDGAR Filer Manual). As of December 
9, 2015, the common stock of BRPNF was quoted on OTC Link, had two 
market makers, and was eligible for the ``piggyback'' exception of 
Exchange Act Rule 15c2-11(f)(3).
    It appears to the Commission that there is a lack of current and 
accurate information concerning the securities of First Potash Corp. 
(``SALTF'') (CIK No. 1490078), a British Columbia corporation located 
in Tucson, Arizona with a class of securities registered with the 
Commission pursuant to Exchange Act Section 12(g) because it is 
delinquent in its periodic filings with the Commission, having not 
filed any periodic reports since it filed a Form 20-F for the period 
ended February 29, 2012. On April 28, 2015, Corporation Finance sent a 
delinquency letter to SALTF requesting compliance with its periodic 
filing requirements but SALTF did not receive the delinquency letter 
due to its failure to maintain a valid address on file with the 
Commission as required by Commission rules (Rule 301 of Regulation S-T, 
17 CFR 232.301 and Section 5.4 of EDGAR Filer Manual). As of December 
9, 2015, the common shares of SALTF were quoted on OTC Link, had four 
market makers, and were eligible for the ``piggyback'' exception of 
Exchange Act Rule 15c2-11(f)(3).
    It appears to the Commission that there is a lack of current and 
accurate information concerning the securities of HIP Energy 
Corporation (``HIPCF'') (CIK No. 1123839), a British Columbia 
corporation located in West Vancouver, BC, Canada with a class of 
securities registered with the Commission pursuant to Exchange Act 
Section 12(g) because it is delinquent in its periodic filings with the 
Commission, having not filed any periodic reports since it filed a Form 
20-F for the period ended November 30, 2011. On April 15, 2014, 
Corporation Finance sent a delinquency letter to HIPCF requesting 
compliance with its periodic filing requirements but HIPCF did not 
receive the delinquency letter due to its failure to maintain a valid 
address on file with the Commission as required by Commission rules 
(Rule 301 of Regulation S-T, 17 CFR 232.301 and Section 5.4 of EDGAR 
Filer Manual). As of December 9, 2015, the common shares of HIPCF were 
quoted on OTC Link, had four market makers, and were eligible for the 
``piggyback'' exception of Exchange Act Rule 15c2-11(f)(3).
    It appears to the Commission that there is a lack of current and 
accurate information concerning the securities of Musgrove Minerals 
Corp. (``MGSGF'') (CIK No. 1396368), a British Columbia corporation 
located in Vancouver, British Columbia, Canada with a class of 
securities registered with the Commission pursuant to Exchange Act 
Section 12(g) because it is delinquent in its periodic filings with the 
Commission, having not filed any periodic reports since it filed a Form 
20-F for the period ended November 30, 2007. On April 28, 2015, 
Corporation Finance sent a delinquency letter to MGSGF requesting 
compliance with its periodic filing requirements but MGSGF did not 
receive the delinquency letter due to its failure to maintain a valid 
address on file with the Commission as required by Commission rules 
(Rule 301 of Regulation S-T, 17 CFR 232.301 and Section 5.4 of EDGAR 
Filer Manual). As of December 9, 2015, the common shares of MGSGF were 
quoted on OTC Link, had four market makers, and were eligible for the 
``piggyback'' exception of Exchange Act Rule 15c2-11(f)(3).
    It appears to the Commission that there is a lack of current and 
accurate information concerning the securities of Starcore 
International Ventures Ltd. (a/k/a Starcore International Mines Ltd.) 
(``SHVLF'') (CIK No. 1301713), a British Columbia corporation located 
in Vancouver, British Columbia, Canada with a class of securities 
registered with

[[Page 80425]]

the Commission pursuant to Exchange Act Section 12(g) because it is 
delinquent in its periodic filings with the Commission, having not 
filed any periodic reports since it filed a Form 20-FR-12G on August 
31, 2004. On February 19, 2015, Corporation Finance sent a delinquency 
letter to SHVLF requesting compliance with its periodic filing 
requirements but SHVLF did not receive the delinquency letter due to 
its failure to maintain a valid address on file with the Commission as 
required by Commission rules (Rule 301 of Regulation S-T, 17 CFR 
232.301 and Section 5.4 of EDGAR Filer Manual). As of December 9, 2015, 
the common shares of SHVLF were quoted on OTC Link, had seven market 
makers, and were eligible for the ``piggyback'' exception of Exchange 
Act Rule 15c2-11(f)(3).
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed companies. Therefore, it is ordered, 
pursuant to Section 12(k) of the Securities Exchange Act of 1934, that 
trading in the securities of the above-listed companies is suspended 
for the period from 9:30 a.m. EST on December 22, 2015, through 11:59 
p.m. EST on January 6, 2016.

    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015-32576 Filed 12-22-15; 4:15 pm]
 BILLING CODE P



                                                  80424                     Federal Register / Vol. 80, No. 247 / Thursday, December 24, 2015 / Notices

                                                  the inappropriate dissemination of a                    SECURITIES AND EXCHANGE                               eligible for the ‘‘piggyback’’ exception of
                                                  pending credit rating action.2                          COMMISSION                                            Exchange Act Rule 15c2–11(f)(3).
                                                                                                                                                                   It appears to the Commission that
                                                    There are 10 credit rating agencies
                                                                                                                                                                there is a lack of current and accurate
                                                  registered with the Commission as                       [File No. 500–1]
                                                                                                                                                                information concerning the securities of
                                                  NRSROs under section 15E of the                                                                               HIP Energy Corporation (‘‘HIPCF’’) (CIK
                                                  Exchange Act, which have already                        Bravo Resource Partners, Ltd., First
                                                                                                          Potash Corp., HIP Energy Corporation,                 No. 1123839), a British Columbia
                                                  established the policies and procedures                                                                       corporation located in West Vancouver,
                                                  required by Rule 17g–4. Based on staff                  Musgrove Minerals Corp., and Starcore
                                                                                                          International Ventures Ltd. (a/k/a                    BC, Canada with a class of securities
                                                  experience, an NRSRO is estimated to                                                                          registered with the Commission
                                                                                                          Starcore International Mines Ltd.);
                                                  spend an average of approximately 10                                                                          pursuant to Exchange Act Section 12(g)
                                                                                                          Order of Suspension of Trading
                                                  hours per year reviewing its policies                                                                         because it is delinquent in its periodic
                                                  and procedures regarding material                       December 22, 2015.                                    filings with the Commission, having not
                                                  nonpublic information and updating                         It appears to the Commission that                  filed any periodic reports since it filed
                                                  them (if necessary), resulting in an                    there is a lack of current and accurate               a Form 20–F for the period ended
                                                  average industry-wide annual hour                       information concerning the securities of              November 30, 2011. On April 15, 2014,
                                                  burden of approximately 100 hours.3                     Bravo Resource Partners, Ltd.                         Corporation Finance sent a delinquency
                                                    Written comments are invited on: (a)                  (‘‘BRPNF’’) (CIK No. 1116137), a Yukon                letter to HIPCF requesting compliance
                                                                                                          corporation located in Englewood,                     with its periodic filing requirements but
                                                  Whether the proposed collection of
                                                                                                          Colorado with a class of securities                   HIPCF did not receive the delinquency
                                                  information is necessary for the proper                                                                       letter due to its failure to maintain a
                                                  performance of the functions of the                     registered with the Commission
                                                                                                          pursuant to Exchange Act Section 12(g)                valid address on file with the
                                                  Commission, including whether the                                                                             Commission as required by Commission
                                                  information shall have practical utility;               because it is delinquent in its periodic
                                                                                                          filings with the Commission, having not               rules (Rule 301 of Regulation S–T, 17
                                                  (b) the accuracy of the Commission’s                                                                          CFR 232.301 and Section 5.4 of EDGAR
                                                                                                          filed any periodic reports since it filed
                                                  estimates of the burden of the proposed                                                                       Filer Manual). As of December 9, 2015,
                                                                                                          a Form 10–Q for the period ended
                                                  collection of information; (c) ways to                                                                        the common shares of HIPCF were
                                                                                                          October 31, 2011. On April 22, 2015,
                                                  enhance the quality, utility, and clarity                                                                     quoted on OTC Link, had four market
                                                                                                          Corporation Finance sent a delinquency
                                                  of the information on respondents; and                  letter to BRPNF requesting compliance                 makers, and were eligible for the
                                                  (d) ways to minimize the burden of the                  with its periodic filing requirements but             ‘‘piggyback’’ exception of Exchange Act
                                                  collection of information on                            BRPNF did not receive the delinquency                 Rule 15c2–11(f)(3).
                                                  respondents, including through the use                                                                           It appears to the Commission that
                                                                                                          letter due to its failure to maintain a
                                                  of automated collection techniques or                                                                         there is a lack of current and accurate
                                                                                                          valid address on file with the
                                                  other forms of information technology.                                                                        information concerning the securities of
                                                                                                          Commission as required by Commission
                                                  Consideration will be given to                                                                                Musgrove Minerals Corp. (‘‘MGSGF’’)
                                                                                                          rules (Rule 301 of Regulation S–T, 17
                                                  comments and suggestions submitted in                                                                         (CIK No. 1396368), a British Columbia
                                                                                                          CFR 232.301 and Section 5.4 of EDGAR
                                                  writing within 60 days of this                                                                                corporation located in Vancouver,
                                                                                                          Filer Manual). As of December 9, 2015,
                                                                                                                                                                British Columbia, Canada with a class of
                                                  publication.                                            the common stock of BRPNF was quoted
                                                                                                                                                                securities registered with the
                                                    The Commission may not conduct or                     on OTC Link, had two market makers,                   Commission pursuant to Exchange Act
                                                  sponsor a collection of information                     and was eligible for the ‘‘piggyback’’                Section 12(g) because it is delinquent in
                                                  unless it displays a currently valid OMB                exception of Exchange Act Rule 15c2–                  its periodic filings with the
                                                  control number. No person shall be                      11(f)(3).                                             Commission, having not filed any
                                                  subject to any penalty for failing to                      It appears to the Commission that                  periodic reports since it filed a Form
                                                  comply with a collection of information                 there is a lack of current and accurate               20–F for the period ended November 30,
                                                  subject to the PRA that does not display                information concerning the securities of              2007. On April 28, 2015, Corporation
                                                  a valid OMB control number.                             First Potash Corp. (‘‘SALTF’’) (CIK No.               Finance sent a delinquency letter to
                                                                                                          1490078), a British Columbia                          MGSGF requesting compliance with its
                                                    Please direct your written comments                   corporation located in Tucson, Arizona                periodic filing requirements but MGSGF
                                                  to: Pamela Dyson, Director/Chief                        with a class of securities registered with            did not receive the delinquency letter
                                                  Information Officer, Securities and                     the Commission pursuant to Exchange                   due to its failure to maintain a valid
                                                  Exchange Commission, c/o Remi Pavlik-                   Act Section 12(g) because it is                       address on file with the Commission as
                                                  Simon, 100 F St. NE., Washington, DC                    delinquent in its periodic filings with               required by Commission rules (Rule 301
                                                  20549 or send an email to: PRA_                         the Commission, having not filed any                  of Regulation S–T, 17 CFR 232.301 and
                                                  Mailbox@sec.gov.                                        periodic reports since it filed a Form                Section 5.4 of EDGAR Filer Manual). As
                                                    Dated: December 18, 2015.                             20–F for the period ended February 29,                of December 9, 2015, the common
                                                                                                          2012. On April 28, 2015, Corporation                  shares of MGSGF were quoted on OTC
                                                  Robert W. Errett,
                                                                                                          Finance sent a delinquency letter to                  Link, had four market makers, and were
                                                  Deputy Secretary.                                       SALTF requesting compliance with its                  eligible for the ‘‘piggyback’’ exception of
                                                  [FR Doc. 2015–32392 Filed 12–23–15; 8:45 am]            periodic filing requirements but SALTF                Exchange Act Rule 15c2–11(f)(3).
                                                  BILLING CODE 8011–01–P                                  did not receive the delinquency letter                   It appears to the Commission that
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                                                                          due to its failure to maintain a valid                there is a lack of current and accurate
                                                                                                          address on file with the Commission as                information concerning the securities of
                                                    2 See 17 CFR 240.17g–4; Release No. 34–55231
                                                                                                          required by Commission rules (Rule 301                Starcore International Ventures Ltd. (a/
                                                  (Feb. 2, 2007), 72 FR 6378 (Feb. 9, 2007); Release
                                                                                                          of Regulation S–T, 17 CFR 232.301 and                 k/a Starcore International Mines Ltd.)
                                                  No. 34–55857 (June 5, 2007), 72 FR 33564 (June 18,      Section 5.4 of EDGAR Filer Manual). As                (‘‘SHVLF’’) (CIK No. 1301713), a British
                                                  2007).                                                  of December 9, 2015, the common                       Columbia corporation located in
                                                    3 10 currently registered NRSROs × 10 hours =         shares of SALTF were quoted on OTC                    Vancouver, British Columbia, Canada
                                                  100 hours.                                              Link, had four market makers, and were                with a class of securities registered with


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                                                                               Federal Register / Vol. 80, No. 247 / Thursday, December 24, 2015 / Notices                                                    80425

                                                  the Commission pursuant to Exchange                        Securities and Exchange Commission                    program for Securities Traders and
                                                  Act Section 12(g) because it is                            (‘‘Commission’’) a proposed rule change               retire the S501 continuing education
                                                  delinquent in its periodic filings with                    as described in Items I, II, and III below,           program for Proprietary Traders, from
                                                  the Commission, having not filed any                       of which Items I and II were prepared                 and after January 4, 2016. The Exchange
                                                  periodic reports since it filed a Form                     by the Exchange. The Commission is                    also proposes to amend its rules to
                                                  20–FR–12G on August 31, 2004. On                           publishing this notice to solicit                     provide for Web-based delivery of the
                                                  February 19, 2015, Corporation Finance                     comments on the proposed rule change                  continuing education regulatory
                                                  sent a delinquency letter to SHVLF                         from interested persons.                              element for registered persons. This
                                                  requesting compliance with its periodic                                                                          filing is, in all material respects, based
                                                                                                             I. Self-Regulatory Organization’s
                                                  filing requirements but SHVLF did not                                                                            upon SR–FINRA–2015–017 and SR–
                                                                                                             Statement of the Terms of Substance of
                                                  receive the delinquency letter due to its                                                                        FINRA–2015–015, which were recently
                                                                                                             the Proposed Rule Change
                                                  failure to maintain a valid address on                                                                           approved by the Commission.3
                                                  file with the Commission as required by                       The Exchange proposes to amend                        The Exchange proposes to amend
                                                  Commission rules (Rule 301 of                              MIAX Rule 203, Qualification and                      MIAX Rule 203, Qualification and
                                                  Regulation S–T, 17 CFR 232.301 and                         Registration of Members and Associated                Registration of Members and Associated
                                                  Section 5.4 of EDGAR Filer Manual). As                     Persons, MIAX Rule 1302, Registration                 Persons, to add the registration
                                                  of December 9, 2015, the common                            of Representatives, and MIAX Rule                     categories of Securities Trader and
                                                  shares of SHVLF were quoted on OTC                         1304, Continuing Education for                        Securities Trader Principal. The
                                                  Link, had seven market makers, and                         Registered Persons, to establish the                  Exchange also proposes to amend MIAX
                                                  were eligible for the ‘‘piggyback’’                        Securities Trader and Securities Trader               Rule 1302, Registration of
                                                  exception of Exchange Act Rule 15c2–                       Principal registration categories, to                 Representatives, to replace the
                                                  11(f)(3).                                                  establish the Series 57 examination as                Proprietary Traders qualification
                                                     The Commission is of the opinion that                   the appropriate qualification                         examination (Series 56) with the
                                                  the public interest and the protection of                  examination for Securities Traders                    Securities Trader qualification
                                                  investors require a suspension of trading                  replacing the Series 56 examination,                  examination (Series 57) and to amend
                                                  in the securities of the above-listed                      and to establish S101 as the appropriate              MIAX Rule 1304, Continuing Education
                                                  companies. Therefore, it is ordered,                       continuing education program for                      for Registered Persons, to specify the
                                                  pursuant to Section 12(k) of the                           Securities Traders replacing the S501,                S101 Regulatory Element Continuing
                                                  Securities Exchange Act of 1934, that                      from and after January 4, 2016.                       Education Program as the Continuing
                                                  trading in the securities of the above-                       The text of the proposed rule change               Education (‘‘CE’’) requirement for
                                                  listed companies is suspended for the                      is available on the Exchange’s Web site               Securities Traders replacing the S501.
                                                  period from 9:30 a.m. EST on December                      at http://www.miaxoptions.com/filter/                 The Exchange further proposes to
                                                  22, 2015, through 11:59 p.m. EST on                        wotitle/rule_filing, at MIAX’s principal              amend Rule 1304 to provide for Web-
                                                  January 6, 2016.                                           office, and at the Commission’s Public                based delivery of the CE Regulatory
                                                     By the Commission.                                      Reference Room.                                       Element set forth in that rule and to
                                                                                                                                                                   amend MIAX Rule 203 to make other
                                                  Jill M. Peterson,                                          II. Self-Regulatory Organization’s
                                                                                                                                                                   minor non-substantive revisions.
                                                  Assistant Secretary.                                       Statement of the Purpose of, and
                                                  [FR Doc. 2015–32576 Filed 12–22–15; 4:15 pm]               Statutory Basis for, the Proposed Rule                Securities Trader Registration Category
                                                  BILLING CODE P                                             Change                                                  Under the Exchange’s registration
                                                                                                               In its filing with the Commission, the              rules relating to securities trading
                                                                                                             Exchange included statements                          activity, Members that are individuals
                                                  SECURITIES AND EXCHANGE                                    concerning the purpose of and basis for               and associated persons of Members
                                                  COMMISSION                                                 the proposed rule change and discussed                must register with the Exchange in an
                                                  [Release No. 34–76691; File No. SR–MIAX–                   any comments it received on the                       appropriate category of registration.4
                                                  2015–71]                                                   proposed rule change. The text of these               Such persons must register with the
                                                                                                             statements may be examined at the                     Exchange through the Central
                                                  Self-Regulatory Organizations; Miami                       places specified in Item IV below. The                Registration Depository system operated
                                                  International Securities Exchange,                         Exchange has prepared summaries, set
                                                  LLC; Notice of Filing and Immediate                        forth in sections A, B, and C below, of                  3 See Securities Exchange Release No. 75783

                                                  Effectiveness of a Proposed Rule                           the most significant aspects of such                  (August 28, 2015), 80 FR 53369 (September 3, 2015)
                                                                                                                                                                   (approving SR–FINRA–2015–017) and Securities
                                                  Change To Establish the Securities                         statements.                                           Exchange Act Release No. 75581 (July 31, 2015), 80
                                                  Trader and Securities Trader Principal                                                                           FR 47018 (August 6, 2015) (approving SR–FINRA–
                                                  Registration Categories and To                             A. Self-Regulatory Organization’s                     2015–015) collectively referred herein as the
                                                  Establish the Series 57 Examination as                     Statement of the Purpose of, and                      ‘‘FINRA Amendments’’. According to the approval
                                                  the Appropriate Qualification                              Statutory Basis for, the Proposed Rule                orders, the Financial Industry Regulatory
                                                                                                             Change                                                Authority’s (‘‘FINRA’’) expected effective date for
                                                  Examination for Securities Traders                                                                               the FINRA Amendments is January 4, 2016.
                                                                                                             1. Purpose                                               4 Members that are individuals and associated
                                                  December 18, 2015.                                                                                               persons of Members engaged or to be engaged in the
                                                     Pursuant to the provisions of Section                     The Exchange proposes to amend its                  securities business of a Member shall be registered
                                                  19(b)(1) of the Securities Exchange Act                    rules to establish the Securities Trader              with the Exchange in the category of registration
                                                                                                                                                                   appropriate to the function to be performed in a
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                  of 1934 (‘‘Act’’) 1 and Rule 19b–4                         and Securities Trader Principal
                                                                                                                                                                   form and manner prescribed by the Exchange.
                                                  thereunder,2 notice is hereby given that                   registration categories, to establish the             Before the registration can become effective, the
                                                  on December 8, 2015, Miami                                 Series 57 examination as the                          individual Member or individual associated person
                                                  International Securities Exchange LLC                      appropriate qualification examination                 shall submit the appropriate application for
                                                                                                             for Securities Traders and retire the                 registration, pass a qualification examination
                                                  (‘‘MIAX’’ or ‘‘Exchange’’) filed with the                                                                        appropriate to the category of registration in a form
                                                                                                             Series 56 examination for Proprietary                 and manner prescribed by the Exchange and submit
                                                    1 15   U.S.C. 78s(b)(1).                                 Traders, and to establish S101 as the                 any required registration and examination fees. See
                                                    2 17   CFR 240.19b–4.                                    appropriate continuing education                      Exchange Rule 203(a).



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Document Created: 2015-12-24 02:25:07
Document Modified: 2015-12-24 02:25:07
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation80 FR 80424 

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