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R.S.O. 1990, c.S.5, AS AMENDED  

- AND -


(Sections 127 and 127.1)

TAKE NOTICE that the Commission will hold a hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c.S.5, as amended (the “Act”) at its offices on the 17 th Floor, 20 Queen Street West, Toronto, Ontario, in the Large Hearing Room, commencing on the 4 th day of April, 2006 at 2:30 p.m. or as soon thereafter as the hearing can be held, to consider whether it is in the public interest to make an order:

TO CONSIDER whether, in the opinion of the Commission, it is in the public interest for the Commission to make an order:

  1. pursuant to paragraph 2 of subsection 127(1) of the Act that the Respondent cease trading in securities for such time as the Commission may direct;
  2. pursuant to paragraph 3 of subsection 127(1) of the Act that any exemptions contained in Ontario securities law do not apply to the Respondents or any of them for such period as specified by the Commission;
  3. pursuant to paragraph 7 of subsection 127(1) of the Act that the Respondent resign any positions she may hold as an officer or director of any issuer;
  4. pursuant to paragraph 8 of subsection 127(1) of the Act that the Respondent be prohibited from becoming or acting as a director or officer of any issuer;
  5. pursuant to section 127.1 of the Act that the Respondents pay the costs of Staff’s investigation and the costs of, or related to, this proceeding, incurred by or on behalf of the Commission; and
  6. to make such other order as the Commission may deem appropriate.

BY REASON OF the allegations set out in the Statement of Allegations 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 31 st day of March, 2006

“John Stevenson”
Secretary to the Commission