Notice of Hearing: In the Matter of Nucap Investments Inc. and William A. Dressing

Notice of Hearing
IN THE MATTER OF THE SECURITIES ACT,R.S.O. 1990, c. S.5,
AS AMENDEDAND
IN THE MATTER OFNUCAP INVESTMENTS INC.
AND
WILLIAM A. DRESSING
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 its offices on the 8th Floor, 20 Queen Street West, Toronto, Ontario, commencing on Friday the 15th day of August, 1997 at10:00 a.m., or as soon thereafter as the hearing can be held.

 

TO CONSIDER:

(a) whether it is in the public interest to order, pursuant to clause 1 of subsection 127(1) of the Act, that the registration granted to Nucap Investments Inc.("Nucap") be terminated;

(b) whether it is in the public interest to order, pursuant to clause 1 of subsection 127(1) of the Act, that the registration granted to William A. Dressing beterminated;

(c) whether it is in the public interest to order, pursuant to clause 3 of subsection 127(1) of the Act that any of the exemptions contained in Ontario securities lawdo not apply to William A. Dressing permanently or for such period of time as specified in the Order; and

(d) 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 Nucap andWilliam A. Dressing was not in the public interest;

AND TAKE FURTHER NOTICE that any party to the proceeding 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.

July 24th, 1997.

"Rosemarie Gomme"