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

May 19, 2009


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

- AND -

IN THE MATTER OF
SHALLOW OIL & GAS INC., ERIC O’BRIEN, ABEL DA SILVA,
GURDIP SINGH GAHUNIA also known as MICHAEL GAHUNIA,
ABRAHAM HERBERT GROSSMAN also known as ALLEN GROSSMAN,
MARCO DIADAMO, GORD McQUARRIE, KEVIN WASH, and WILLIAM MANKOFSKY

AND

IN THE MATTER OF GORD McQUARRIE


TORONTO – The Commission issued its Reasons and Decision today following the approval of the settlement agreement reached between Staff of the Ontario Securities Commission and Gord McQuarrie on May 12, 2009.

A copy of the Reasons and Decision on Settlement dated May 19, 2009 is available at www.osc.gov.on.ca


OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


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