81 FR 41641 - In the Matter of Coastal Pacific Mining Corp. and Petaquilla Minerals Ltd.; Order of Suspension of Trading

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 123 (June 27, 2016)

Page Range41641-41641
FR Document2016-15255

Federal Register, Volume 81 Issue 123 (Monday, June 27, 2016)
[Federal Register Volume 81, Number 123 (Monday, June 27, 2016)]
[Notices]
[Page 41641]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-15255]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


 In the Matter of Coastal Pacific Mining Corp. and Petaquilla 
Minerals Ltd.; Order of Suspension of Trading

June 23, 2016.
    It appears to the Securities and Exchange Commission 
(``Commission'') that there is a lack of current and accurate 
information concerning the securities of Coastal Pacific Mining Corp. 
(``CPMCF'' \1\) (CIK No. 1410181), an Alberta corporation located in 
Calgary, Alberta, Canada with a class of securities registered with the 
Commission pursuant to Securities Exchange Act of 1934 (``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 April 30, 2012. On March 19, 
2015, the Commission's Division of Corporation Finance (``Corporation 
Finance'') sent a delinquency letter to CPMCF requesting compliance 
with its periodic filing requirements but CPMCF 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 June 16, 2016, the common stock of CPMCF was quoted on OTC Link 
operated by OTC Markets Group Inc. (formerly ``Pink Sheets'') (``OTC 
Link''), had six market makers, and was eligible for the ``piggyback'' 
exception of Exchange Act Rule 15c2-11(f)(3).
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    \1\ The short form of each issuer's name is also its stock 
symbol.
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    It appears to the Commission that there is a lack of current and 
accurate information concerning the securities of Petaquilla Minerals 
Ltd. (``PTQMF'') (CIK No. 947121), 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 June 30, 2013. On September 30, 2015, 
Corporation Finance sent a delinquency letter to PTQMF requesting 
compliance with its periodic filing requirements but PTQMF 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 June 16, 2016, the common shares of PTQMF were 
quoted on OTC Link, had six 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. EDT on June 23, 2016, through 11:59 p.m. 
EDT on July 7, 2016.

    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2016-15255 Filed 6-23-16; 4:15 pm]
 BILLING CODE 8011-01-P


Current View
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 Citation81 FR 41641 

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