Proceedings

News Release
Communiqué

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

June 11, 2004


NOTICE FROM THE OFFICE OF THE SECRETARY

IN THE MATTER OF THE SECURITIES ACT ,
R.S.O. 1990, c. S-5, as amended 

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PARADIGM CAPITAL INC.
PATRICK McCARTHY
EDEN RAHIM

TORONTO - The Ontario Securities Commission approved Settlement Agreements between Paradigm Capital Inc., McCarthy and Eden Rahim and the Commission, respectively, at a hearing today.

A Copy of the Orders of the Commission and the Settlement Agreements is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
DAISY ARANHA
A/SECRETARY

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