Order: Ontario Securities Commission v St-Jean

Order
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ONTARIO SECURITIES COMMISSION
(Applicant)

- and -

DANIEL ST-JEAN, 7120671 CANADA INC., 8795436 CANADA INC.,
and AETOS GREEN ENERGY DSJ INC.
(Respondents)

File No. 2024-13

Adjudicator: M. Cecilia Williams

September 12, 2025

ORDER

(Subsections 127(1) and 127(8) of the Securities Act, RSO 1990, c S.5)

WHEREAS the Capital Markets Tribunal held a hearing in writing to consider a motion by the Ontario Securities Commission to extend a temporary order of the Commission dated July 29, 2024, and extended by the Tribunal on August 9, 2024, and March 13, 2025;

AND WHEREAS, to a correct an error, the parties consent to amending the title of proceeding by replacing “7120671 Canada Inc.” with “7120761 Canada Inc.”;

ON READING the materials filed by the representatives for the Commission, and on being advised that the respondents, Daniel St-Jean, 7120761 Canada Inc. (712 Canada), 8795436 Canada Inc. (879 Canada), and AETOS Green Energy DSJ Inc., consent to the motion being heard in writing and do not oppose the extension of the temporary order;

IT IS ORDERED THAT:

  1. the title of this proceeding is amended to replace “7120671 Canada Inc.” with “7120761 Canada Inc.” and the amended title of proceeding shall be used for all subsequent documents in this proceeding;
  2. pursuant to ss. 127(1)2, 127(1)3, and 127(8) of the Securities Act, until the conclusion of enforcement proceeding file no. 2025-15, including the Tribunal’s release of its decision on sanctions and costs, if any:
    1. all trading in securities of AETOS, 712 Canada, and 879 Canada shall cease;
    2. trading in any securities by St-Jean, AETOS, 712 Canada, 879 Canada, or by any person on their behalf, including but not limited to any act, advertisement, solicitation, conduct, or negotiation, directly or indirectly in furtherance of a trade, shall cease; and
    3. any exemptions contained in Ontario securities law do not apply to St-Jean, AETOS, 712 Canada, or 879 Canada; and
  3. prior to the expiry of this Order, and on at least 10 days notice to the Commission, the respondents may bring a motion under section 32 of the Capital Markets Tribunal Rules of Procedure to vary the terms of this Order.

“M. Cecilia Williams”
M. Cecilia Williams