R.S.O. 1990, c. S.5, AS AMENDED
IN THE MATTER OF
HILRY HILTON NEALE
WHEREAS on October 21, 1998, the Ontario Securities Commission (the"Commission") issued a notice of hearing (the "Notice of Hearing" pursuant to section127(1) of the Securities Act (the "Act") in respect of Hilry Hilton Neale ("Neale");
AND WHEREAS Neale entered into a settlement agreement dated November3rd, 1999 (the "Settlement Agreement") in which he agreed to a proposed settlementof the proceeding in respect of the Notice of Hearing, subject to the approval of theCommission;
AND WHEREAS Neale has agreed to the making of this Order on the basis ofthe facts set out in Part III of the Settlement Agreement;
AND UPON reviewing the Settlement Agreement and the Statement ofAllegations of Staff of the Commission, and upon hearing submissions from counselfor Neale and from Staff of the Commission;
AND WHEREAS the Commission is of the opinion that it is in the public interestto make this Order;
IT IS ORDERED:
(1) the Settlement Agreement dated November 3rd, 1999 attached to thisOrder, is hereby approved;
(2) pursuant to paragraph 1 of subsection 127(1) of the Act, Neale'sregistration be terminated; and
(3) pursuant to paragraph 2 of subsection 127(1) of the Act, Neale ceasetrading permanently in all securities.
November 3rd, 1999.
"Morley P. Carscallen" "R. Stephen Paddon"