Postal Service Disruption | Interruption des services postaux

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Government of Saskatchewan ministries, Crown corporations and organizations are working to minimize the impacts of the postal service disruption.

Les ministères, les sociétés d’État et les organismes du gouvernement de la Saskatchewan travaillent à réduire au minimum les répercussions de l’interruption des services postaux.

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FCAA Issues Allegations Against SHEC Energy Corporation

Released on February 24, 2016

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has issued a statement of allegations as a result of an investigation into the activities of Saskatchewan-based SHEC Energy Corporation, its founder, James “Tom” Beck, and a former employee, Terrence Stott.

The company and two individuals face allegations for various securities law breaches related to trading securities in Saskatchewan, spanning a period of six years.

It is alleged that more than $1.5 million was raised from Saskatchewan residents while failing to comply with the capital-raising requirements set out in The Securities Act.  SHEC, Tom Beck and Terrence Stott have been given notice of first appearance for March 1, 2016.

At that time, a date for a hearing into the matters will be set.

For more information about the allegations visit www.fcaa.gov.sk.ca/SHECEnergyCorporation.

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For more information, contact:

Shannon McMillan
Financial and Consumer Affairs Authority
Regina
Phone: 306-798-4160
Email: shannon.mcmillan@gov.sk.ca

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