International Financial Services Commission,
Sir Edney Cain Building,
Belmopan,
Belize, C.A.
11 May 2009
WARNING NOTICE AND CEASE AND DESIST ORDER
It has come to the notice of the International Financial Services Commission of Belize (IFSC) that BLACK GOLD INTERNATIONAL LTD (“Black Gold”), an international business company incorporated in Belize with its registered office at 35 Barrack Road, Belize City, Belize, is engaged in trading in securities without a licence from the IFSC, as required by section 7 of the International Financial Services Commission Act, Chapter 272 of the Laws of Belize, Revised Edition 2000-2003, as amended by Act No. 8 of 2007.
Black Gold is therefore directed to cease and desist from carrying on the said activities until it has applied for and obtained a licence from the IFSC.
All persons concerned are asked to take note and exercise caution.
GIAN C. GANDHI
DIRECTOR GENERAL
International Financial Services Commission of Belize