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 CROWN HILL CAPITAL CORPORATION AND
WAYNE LAWRENCE PUSHKA

NOTICE OF HEARING



    TAKE NOTICE THAT the Ontario Securities Commission (the "Commission") will hold a hearing pursuant to sections 127 and 127.1 of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") at the offices of the Commission at 20 Queen Street West, 17th Floor Hearing Room on August 8, 2011 at 10:00 a.m., or as soon thereafter as the hearing can be held:

    TO CONSIDER whether, in the opinion of the Commission, it is in the public interest, pursuant to sections 127 and 127.1 of the Act, to order:

  1. pursuant to clause 2 of section 127(1) that trading in any securities by the Respondents cease permanently or for such period as is specified by the Commission;
  2. pursuant to clause 2.1 of section 127(1) that acquisition of any securities by the Respondents is prohibited permanently or for such period as is specified by the Commission;
  3. pursuant to clause 3 of section 127(1) that any exemptions contained in Ontario securities law do not apply to the Respondents permanently or for such period as is specified by the Commission;
  4. pursuant to clause 6 of section 127(1) that the Respondents be reprimanded;
  5. pursuant to clause 7, 8.1, 8.3 of section 127(1) that each of the individual Respondents resign all positions that he holds as a director or officer of an issuer, registrant, or investment fund manager;
  6. pursuant to clause 8, 8.2, 8.4 of section 127(1) that each of the individual Respondents be prohibited from becoming or acting as a director or officer of any issuer, registrant, or investment fund manager;
  7. pursuant to clause 8.5 of section 127(1) that each of the Respondents be prohibited from becoming or acting as a registrant, as an investment fund manager and as a promoter;
  8. pursuant to clause 9 of section 127(1) that the Respondents each pay an administrative penalty of not more than $1 million for each failure to comply with Ontario securities law;
  9. pursuant to clause 10 of section 127(1) that the Respondents each disgorge to the Commission any amounts obtained as a result of their non-compliance with Ontario securities law;
  10. pursuant to section 127.1 that the Respondents be ordered to pay the costs of the investigation and hearing; and
  11. such other orders as the Commission deems appropriate.

    BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission dated July 7, 2011 and such further additional allegations and evidence as counsel may advise and the Commission may permit;

    AND TAKE FURTHER NOTICE that any party to the proceedings 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 proceedings.

 

DATED at Toronto this 7th day of July, 2011.

 

" John Stevenson "
John Stevenson
                     Secretary to the Commission