Notice of Hearing: In the Matter of Coventree Inc. et al.

      TAKE NOTICE that the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to section 127(1) and 127.1 of the Securities Act, R.S.O., 1990 c. S.5, as amended (the “Act”) at its offices at 20 Queen Street West, 17^th Floor, Toronto, Ontario, commencing on January 14, 2010 or as soon thereafter as the hearing can be held:

      TO CONSIDER whether, in the Commission’s opinion, it is in the public interest for the Commission to make the following orders:

(a) that trading in any securities by Coventree Inc. (“Coventree”), Geoffrey Cornish (“Cornish”) and Dean Tai (“Tai”) cease permanently pursuant to paragraph 2 of section 127(1) of the Act;

(b) that acquisition of any securities by Coventree, Cornish and Tai is prohibited permanently pursuant to paragraph 2.1 of section 127(1) of the Act;

(c) that any exemptions contained in Ontario securities law do not apply to Coventree, Cornish and Tai pursuant to paragraph 3 of section 127(1) of the Act;

(d) that Coventree, Cornish and Tai be reprimanded pursuant to paragraph 6 of section 127(1) of the Act;

(e) that Cornish and Tai resign any positions that each of them holds as a director or officer of an issuer pursuant to paragraph 7 of section 127(1) of the Act;

(f) that Cornish and Tai are prohibited from becoming or acting as a director or officer of any issuer pursuant to paragraph 8 of section 127(1) of the Act;

(g) that Coventree is prohibited from becoming or acting as a registrant pursuant to paragraph 8.5 of section 127(1) of the Act;

(h) requiring Coventree, Cornish and Tai to each pay an administrative penalty of not more than $1 million for each failure to comply with Ontario securities law pursuant to paragraph 9 of section 127(1) of the Act;

(i) requiring Coventree, Cornish and Tai to each disgorge to the Commission any amounts obtained as a result of the non-compliance pursuant to paragraph 10 of section 127(1) of the Act;

(j) requiring Coventree, Cornish and Tai to jointly pay the costs of the investigation and the costs of or related to the hearing that are incurred by or on behalf of the Commission, pursuant to section 127.1 of the Act;

(k) such other order as the Commission may deem appropriate.

      BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission dated December 7, 2009 and such further 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 the failure of any party to attend at the time and place stated above, the hearing may proceed in the party’s absence and that party is not entitled to any further notice in the proceeding.

      DATED at Toronto this 7^th day of December, 2009.