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

May 7, 2015


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

- 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.



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

    1. Staff shall provide disclosure to the Respondents on or before May 11, 2015, of documents and things in the possession or control of Staff that are relevant to the hearing;
    2. Any motion brought by the Respondents in respect of bifurcating the Commission proceeding will be heard on Wednesday, June 24, 2015 at 10:00 a.m.;
    3. The Respondents shall serve and file the notice of motion, the motion record, including any affidavits setting out the facts to be relied upon, and any other materials in respect of the motion, by Monday, June 15, 2015;
    4. Staff shall serve and file its responding materials by Friday, June 19, 2015;
    5. The Respondents shall serve and file their reply materials, if any, by Monday, June 22, 2015;
    6. The timing for the delivery of Staff’s witness list, witness statements and an indication of Staff’s intent to call an expert witness will be determined by the panel hearing the motion, or, if no motion is brought by the Respondents, by order in writing of the Commission, following written submissions of the parties to be provided by Friday, June 26, 2015; and
    7. The Second Appearance shall be held at the offices of the Commission located at 20 Queen Street West, 17th Floor, Toronto, Ontario, commencing on Monday, September 28, 2015 at 10:00a.m., or as soon thereafter as the hearing can be held.

 A copy of the Order dated April 27, 2015 is www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
JOSÉE TURCOTTE
SECRETARY

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