The Alberta Securities Commission issued an interim order dated December 19, 2025 against Midas Vantage Projects (MVP) Lithium Limited, Carolyn Jean Orazietti (also known as Carolyn Jean Beeler) and Vinay Ramachand Iyer (also known as Max Iyer). The measures are intended to protect the public while ASC staff completes an investigation into whether the respondents breached the Securities Act (Alberta). Following a hearing on December 19, the panel found sufficient evidence that the respondents engaged in fraud, made prohibited representations about MVP securities, and misled ASC staff. For 12 months from the date of the order, the respondents must cease trading in MVP securities in Alberta with no exemptions available to them, must not engage in investor relations activities, and must disable access to any websites related to MVP while also ceasing any dissemination of material relating to MVP. Written reasons for the interim order will be issued later.
Alberta Securities Commission 2025-12-22
Alberta Securities Commission issues 12-month interim order against Midas Vantage Projects Lithium banning trading and investor relations
The Alberta Securities Commission issued an interim order against Midas Vantage Projects Lithium Limited and associated individuals, prohibiting them from trading MVP securities in Alberta for 12 months. The order follows evidence of fraud, prohibited representations, and misleading conduct during an investigation into potential breaches of the Securities Act (Alberta). Respondents must cease investor relations activities and disable MVP-related websites.