Proceedings

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

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IN THE MATTER OF

NUVO RESEARCH INC. AND REBECCA E. KEELER

NOTICE OF HEARING
(Sections 127 and 127.1)

TAKE NOTICE that the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. c. S.5, as amended (the “Act”) in respect of the Respondent Nuvo Research Inc. (formerly Dimethaid Research Inc. and hereinafter referred to as “Dimethaid”), at the offices of the Commission at 20 Queen Street West, Toronto, Ontario, in the Large Hearing Room, 17 th Floor, commencing on April 26, 2007 at 2:30 p.m. or as soon thereafter as the hearing can be held;

AND TAKE NOTICE that the purpose of the hearing in respect of the Respondent Dimethaid, is to consider whether in the opinion of the Commission it is in the public interest to approve a settlement agreement entered into between Staff of the Commission and Dimethaid.

AND TAKE FURTHER NOTICE that the Commission will hold a hearing pursuant to sections 127 and 127.1 of the Act in respect of the Respondent, Rebecca Keeler (“Keeler”), at the offices of the Commission at 20 Queen Street West, Toronto, Ontario, in the Large Hearing Room, 17 th Floor, on a date to be set by the Commission;

AND TAKE FURTHER NOTICE that the purpose of the hearing in respect of the Respondent, Rebecca Keeler, is to consider, whether by reason of the allegations of Staff as set out in the Statement of Allegations dated April 24, 2007, to make an order:

(i) pursuant to paragraph 2 of subsection 127(1) of the Act, that trading in any securities by the Respondent Keeler cease for such other period as specified by the Commission;

(ii) pursuant to paragraph 3 of subsection 127(1) of the Act, that any exemptions contained in Ontario securities law do not apply to the Respondent Keeler for such other period as specified by the Commission;

(iii) pursuant to paragraph 7 of subsection 127(1) of the Act, that the Respondent Keeler resign from any positions as directors or officers of an issuer for such period as specified by the Commission; and

(iv) pursuant to paragraph 8 of subsection 127(1) of the Act, that the Respondent Keeler be prohibited from becoming or acting as a director or officer of any issuer for such period as specified by the Commission.

(v) pursuant to paragraph 9 of subsection 127(1) of the Act, that the Respondent Keeler pay an administrative penalty for failing to comply with Ontario securities law;

(vii) pursuant to section 127.1 of the Act, that the Respondent Keeler pay the costs of the investigation and/or the costs of or related to the hearing incurred by or on behalf of the Commission;

AND TAKE FUTHER NOTICE THAT any party to the proceedings may be represented by counsel at the respective hearings;

AND TAKE FURTHER NOTICE THAT, upon failure of any party to attend at the time and place aforesaid, the respective hearings 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 24 th day of April, 2007.

  “Christos Grivas” per John Stevenson
Secretary to the Commission


TO:

GOODMANS LLP
250 Yonge Street
Suite 2400
Toronto, Ontario
M5B 2M6

Jessica Kimmel
Phone: (416) 597-4219
Fax: (416) 979-1234

Solicitors for the Respondent,
Nuvo Research Inc.

 

AND TO: REBECCA KEELER
1442 Finch Avenue
Pickering, Ontario
L1V 1J9