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

July 17, 2006


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

- AND -

IN THE MATTER OF
RICHARD OCHNIK AND 1464210 ONTARIO INC.

TORONTO – Following a hearing held on May 31, 2006, the Commission, having found that the respondents have not complied with Ontario securities law and have not acted in the public interest, issued an order regarding costs against the respondents.

A copy of the Reasons and Order Regarding Costs is available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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