Proceedings

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

-and -

IN THE MATTER OF
MARK BONHAM, STRATEGICNOVA FUNDS
MANAGEMENT INC. AND BONHAM & CO. INC.


AMENDED 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") in the Large Hearing Room, 17th Floor, 20 Queen Street West, Toronto, Ontario commencing on Monday, the 6th day of November, 2000, at 10:00 a.m. or as soon thereafter as the hearing can be held:

TO CONSIDER whether, pursuant to sections 127(1) and 127.1 of the Act, it is in the public interest for the Commission to make an order that:

(a)the registration of Mark Bonham, StrategicNova Funds Management Inc. and Bonham & Co. Inc. (together referred to as the "Respondents") be suspended or restricted permanently or for such time as the Commission may direct;

(b)terms and conditions be imposed on the registrations of the Respondents;

(c)the Respondents cease trading in securities permanently or for such period as the Commission may direct;

(d)the Respondent, StrategicNova Funds Management Inc. submit to a review of its practices and procedures and institute such changes as may be ordered by the Commission;

(e)the Respondents be reprimanded;

(f)the Respondent, Mark Bonham be prohibited from becoming or acting as a director officer of an issuer;

(g)the Respondents pay the costs of the Commission’s investigation;

(h)the Respondents pay the costs of the Commission’s hearing; and

(i)contains such other terms and conditions as the Commission may deem appropriate;


BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission and such additional allegations as counsel may advise and the Commission may permit;

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 party and such party is not entitled to any further notice of the proceeding.

November , 2000.


"John Stevenson"