Proceedings

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IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, as amended

- AND -

IN THE MATTER OF
FOREIGN CAPITAL CORPORATION, MONTPELLIER GROUP INC.
and PIERRE ALFRED MONTPELLIER

NOTICE OF HEARING
(Section 127)

TAKE NOTICE that the Commission will hold a hearing pursuant to section 127 of the Securities Act, at the offices of the Ontario Securities Commission, 20 Queen Street West, 17 th Floor Hearing Room on Friday, February 25, 2005 at 10:00 am or as soon thereafter as the hearing can be held:

TO CONSIDER whether, pursuant to section 127(1) of the Act, it is in the public interest for the Commission:

(a) to make an order terminating the registration of Pierre Alfred Montpellier under Ontario securities law;

(b) to make an order that Foreign Capital Corporation, Montpellier Group Inc. and Pierre Alfred Montpellier cease trading in securities, permanently or for such time as the Commission may direct;

(c) to make an order that Foreign Capital Corporation, Montpellier Group Inc. and Pierre Alfred Montpellier be reprimanded;

(d) to make an order that Pierre Alfred Montpellier be required to resign all positions that he holds as a director or officer of an issuer;

(e) to make an order that Pierre Alfred Montpellier be prohibited from becoming or acting as director or officer of an issuer permanently or for such time as the Commission may direct;

(f) to make an order that Foreign Capital Corporation, Montpellier Group Inc. and Pierre Alfred Montpellier pay the costs of the investigation and the costs of the hearing in this matter; and

(g) to make such other order as the Commission may deem appropriate.

BY REASON OF the allegations set out in the Statement of Allegations in this matter dated January 20, 2005 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 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.

DATED at Toronto this 20th day of January, 2005

 

“John Stevenson”
John Stevenson
Secretary to the Commission

 

TO: Pierre Alfred Montpellier