Proceedings

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

  - and -

  IN THE MATTER OF

Firestar Capital Management Corp.,
Kamposse Financial Corp., Firestar Investment Management Group, Michael Ciavarella and Michael Mitton

 TEMPORARY ORDER
(Section 127)

 

WHEREAS on December 10, 2004 the Ontario Securities Commission issued a Notice of Hearing pursuant to s.127 of the Securities Act, R.S.O. 1990, c.S.5, to consider whether it is in the public interest to extend the Temporary Orders made on December 10, 2004 that trading in shares of Pender International Inc. by Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Mitton, and Michael Ciavarella cease until further order by this Commission;

AND WHEREAS on December 10, 2004, the Commission ordered that trading in shares of Pender International Inc. by Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Mitton, and Michael Ciavarella cease until further order by this Commission;

AND WHEREAS Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, and Michael Ciavarella consent to the making of this order;

AND WHEREAS Michael Mitton did not appear today, although the panel is satisfied that he was provided with notice of today’s hearing;

IT IS ORDERED that the hearing to consider whether to extend the Temporary Cease Trade Orders is adjourned until February 4, 2005, at 10:00 a.m.

IT IS ORDERED that the Temporary Cease Trade Orders issued on December 10, 2004 as against Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, and Michael Ciavarella are extended until the hearing on February 4, 2005, or until further order of this Commission, on the condition that Staff issue a Notice of Hearing and Statement of Allegations in this matter prior to December 24, 2004.

IT IS ORDERED that the Temporary Cease Trade Order issued on December 10, 2004 as against Michael Mitton is extended and expanded such that Michael Mitton shall not trade in any securities until the hearing on February 4, 2005, or until further order of this Commission, on the condition that Staff issue a Notice of Hearing and Statement of Allegations in this matter prior to December 24, 2004.

 

DATED at Toronto this “17 th” day of December, 2004.

”Paul Moore”
Paul M. Moore, Q.C.

”Robert Davis”
Robert W. Davis

”David Knight”
David L. Knight