Document ID: SEC-2011-0444-0001
Agency: sec
Document Type: Notice
Title: Orders of Suspension of Trading: China Changjiang Mining and New Energy Co., Ltd.
Posted Date: 2011-04-05T04:00Z

[Federal Register Volume 76, Number 65 (Tuesday, April 5, 2011)]
[Notices]
[Page 18813]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-8135]

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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]

China Changjiang Mining & New Energy Co., Ltd.; Order of 
Suspension of Trading

April 1, 2011.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
China Changjiang Mining & New Energy Co., Ltd. (``CHJI''), a Nevada 
corporation previously known as North American Gaming and Entertainment 
Corporation. CHJI has headquarters and operations in the People's 
Republic of China and trades in the over-the-counter market under the 
symbol ``CHJI.''
    Questions have arisen regarding the accuracy and completeness of 
information contained in CHJI's public filings with the Commission 
concerning, among other things, the company's financial statements for 
2009 and 2010. CHJI has failed to disclose that (a) the company filed 
its last periodic report on Form 10-Q for the quarter ended September 
30, 2010 without the required review of the interim financial 
statements by an independent public accountant; and (b) the company's 
independent auditor has resigned, withdrawn its audit opinion issued 
April 16, 2010 relating to the audit of the company's consolidated 
financial statements as of December 31, 2009, and informed the company 
that the financial statements for the quarters ended March 31, June 30, 
and September 30, 2010 could no longer be relied upon.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed company.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the securities of the 
above-listed company is suspended for the period from 9:30 a.m. EDT, on 
April 1, 2011 through 11:59 p.m. EDT, on April 14, 2011.

    By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2011-8135 Filed 4-1-11; 11:15 am]
BILLING CODE 8011-01-P