Proceedings

Notice from the
Office of the Secretary

Ontario Crest

Ontario
Securities
Commission


20 Queen St. W.
22nd Floor
Toronto, ON M5H 3S8
Commission des
valeurs mobilières
de l'Ontario
FOR IMMEDIATE RELEASE

February 7, 2017


IN THE MATTER OF
THE SECURITIES ACT, RSO 1990, c S.5

- AND -

IN THE MATTER OF
EDWARD FURTAK, AXTON 2010 FINANCE CORP., STRICT TRADING LIMITED,
RONALD OLSTHOORN, TRAFALGAR ASSOCIATES LIMITED, LORNE ALLEN AND
STRICTRADE MARKETING INC.



TORONTO – The Commission issued an Order in the above named matter which provides that:

  1. Staff will serve and file written submissions with respect to the Temporary Order by February 13, 2017;
  2. The Respondents will serve and file written submissions with respect to the Temporary Order by February 15, 2017;
  3. In the interim and pending further argument, pursuant to clause 2 of subsection 127(1) of the Act, trading with respect to the Strictrade Offering shall cease, except for the payment of Trading Report Payments (as described in the Merits Decision) by the Respondents to investors, until further order of the Commission;
  4. The Sanctions Hearing will continue at the offices of the Commission at 20 Queen Street West, Toronto, Ontario, on Thursday, March 2, 2017, commencing at 1:00 p.m., and continue on Friday, March 3, 2017, commencing at 10:45 a.m.
A copy of the Order dated January 30, 2017 is available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
GRACE KNAKOWSKI
SECRETARY TO THE COMMISSION


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