OSC Proceedings
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Notice from the |
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| 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 November 22, 2006 |
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, C. S.5, AS AMENDED
- AND -
IN THE MATTER OF
FIRST GLOBAL VENTURES, S.A., ALLEN GROSSMAN
and ALAN MARSH SHUMAN
TORONTO – Following a hearing held on November 21, 2006 , the Commission issued an Order adjourning the hearing in the above matter to March 8, 2007 at 10:00 a.m.
The Order of the Commission refers to an ongoing suspension order of the Panamanian National Securities Commission dated September 19, 2006 issued against First Global Ventures, S.A. The Order also refers to the fact that First Global Ventures, S.A. has not posted a copy of the Commission Order dated September 12, 2006 on its website as required by the Commission Order dated September 12, 2006 .
Copies of the Order made by the Commission today and on September 12, 2006 , and by the Panamanian National Securities Commission on September 19, 2006 , are available at www.osc.gov.on.ca
OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY
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