Proceedings

Notice from the
Office of the Secretary

Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario

FOR IMMEDIATE RELEASE

April 17, 2006


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, C. S.5, AS AMENDED

- AND -

IN THE MATTER OF
JAMES PATRICK BOYLE, LAWRENCE MELNICK
AND JOHN MICHAEL MALONE

(Sections 127 and 127.1)

TORONTO – Following a preliminary motion hearing held on February 23 and 27, 2006, the Commission issued reasons and order dated April 12, 2006 dismissing the proceeding against the respondents James Patrick Boyle and Lawrence Melnick on the basis that this proceeding had been brought out of time in view of section 129.1 of the Securities Act.

A copy of the Reasons and Order is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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