Investor Alert: BCSC issues warning about previously disciplined person

VANCOUVER, Jan. 23, 2018 /CNW/ - The British Columbia Securities Commission (BCSC) has become aware that a previously disciplined person, Volkmar Guido Hable, recently changed his name to Jacob Jason Volkmar Guido DeMedici (a.k.a. Jacob Jason DeMedici).

On June 26, 2017, the Commission found that Hable, now DeMedici, contravened the Securities Act when he manipulated the shares of Samaranta Mining Corporation and when he submitted false information to a Commission investigator. On November 7, 2017, the Commission permanently banned Hable from the B.C. capital markets and ordered him to pay penalties totalling $557,596.96.  In its sanction decision, the Commission stated that Hable "represents a significant risk to our capital markets."

DeMedici had recent dealings with a B.C. company and purports to be the founder of DeMedici Capital Partners.

The Commission urges anyone who has had dealings with Hable or DeMedici in relation to securities activity, to contact the BCSC inquiries line at 604-899-6854 or 1-800-373-6393.

About the British Columbia Securities Commission (www.bcsc.bc.ca)

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

• A securities market that is fair and warrants public confidence
• A dynamic and competitive securities industry that provides investment opportunities and access to capital

Learn how to protect yourself and become a more informed investor at www.investright.org

SOURCE British Columbia Securities Commission