IN THE MATTER OF THE SECURITIES ACT R.S.O. 1990, c. S.5, AS AMENDED
IN THE MATTER OF
PRIMENET COMMUNICATIONS INC., RAYMOND J. HOMER, ROBERT F. BLEASBY AND JAMES LAKS
NOTICE OF HEARING (Section 127)
TAKE NOTICE that the Ontario Securities Commission (the "Commission") will hold a hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c.S.5, as amended, (the "Act") at the Commission's offices on the 8th Floor, 20 Queen Street West, Toronto, Ontario, commencing on Wednesday, December 3,1997 at 10:00 a.m., or as soon thereafter as the hearing can be held, to consider:
1. whether it is in the public interest to order, pursuant to clause 1 of section 127(1) of the Act, that trading in any securities of PrimeNet Communications Inc.("PrimeNet") cease permanently or for such other period as is specified in the Order;
2. whether it is in the public interest to order, pursuant to clause 3 of section 127(1) of the Act, that any of the exemptions contained under Ontario securitieslaw do not apply to Raymond Homer ("Homer"), Robert Bleasby ("Bleasby") and/or James Laks ("Laks") permanently or for such period of time as is specifiedin the Order;
3. whether it is in the public interest to order, pursuant to clause 6 of section 127(1) of the Act, that PrimeNet or be reprimanded; and
4. such further and other order as the Commission considers appropriate;
BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Enforcement Branch of the Commission that the conduct of PrimeNet,Homer, Bleasby and Laks was not in the public interest;
AND TAKE FURTHER NOTICE that any party to the proceedings may be represented by counsel if that party attends or submits evidence at the hearing;
AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that partyand such party is not entitled to any further notice of the proceeding.
November 28th, 1997.
"Daniel P. Iggers"