IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- AND -
IN THE MATTER OF
FRANK ANDREW DEVCICH AND GOBINDER KULAR SINGH
NOTICE OF HEARING
TAKE NOTICE THAT the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5., as amended (the “Act”) at the offices of the Commission, 20 Queen Street West, 17th Floor, Toronto, Ontario, commencing at 10:00 am on April 20, 2012, or as soon thereafter as the hearing can be held;
TO CONSIDER whether it is in the public interest for the Commission:
- to make an order pursuant to clause 7 of subsection 127(1) of the Act that Frank Andrew Devcich and Gobinder Kular Singh (the “Respondents”) resign any position that the Respondents hold as director or officer of an issuer;
- to make an order pursuant to clause 8 of subsection 127(1) of the Act that the Respondents be prohibited from becoming or acting as an officer or director of any issuer permanently or for such other duration as specified by the Commission; and
- to make such other order or orders as the Commission considers appropriate.
BY REASON of the allegations set out in the Statement of Allegations of Staff dated March 22, 2012, and such additional allegations as counsel may advise and the Commission may permit;
AND FURTHER TAKE NOTICE that any party to the proceeding may be represented by counsel if that party attends or submits evidence at the hearing;
AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place, the hearing may proceed in the absence of the party and such party is not entitled to any further notice of the proceeding.
DATED at Toronto this 22nd day of March, 2012.
Secretary to the Commission