Proceedings

PDF Version
PDF Version

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

- and -

IN THE MATTER OF
FIRESTAR CAPITAL MANAGEMENT CORP.,
KAMPOSSE FINANCIAL CORP., FIRESTAR INVESTMENT MANAGEMENT
GROUP, MICHAEL CIAVARELLA AND MICHAEL MITTON

TEMPORARY ORDER

(Section 127)


        WHEREAS on December 10, 2004, the Ontario Securities Commission issued a Notice of Hearing pursuant to s.127 of the Securities Act, R.S.O. 1990, c.S.5, to consider whether it is in the public interest to extend the Temporary Orders made on December 10, 2004 ordering that trading in shares of Pender International Inc. by Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Mitton, and Michael Ciavarella cease until further order by the Commission;

        AND WHEREAS on December 17, 2004, the Commission ordered that the hearing to consider whether to extend the Temporary Orders should be adjourned until February 4 and the Temporary Orders continued until that date;

        AND WHEREAS on December 17, 2004, the Commission ordered that the Temporary Order against Michael Mitton should also be expanded such that Michael Mitton shall not trade in any securities in Ontario until the hearing on February 4, 2005;

        AND WHEREAS a Notice of Hearing and Statement of Allegations were issued on December 21, 2004;

        AND WHEREAS the hearing to consider whether to continue the Temporary Orders has been adjourned, on consent on numerous occasions, most recently until July 31, 2006 and the Temporary Orders continued until July 31, 2006;

        AND WHEREAS Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group Michael Ciavarella and Michael Mitton consent to the making of this order;

        IT IS ORDERED that the hearing to consider whether to continue the Temporary Cease Trade Orders is adjourned to October 12, 2006;

        IT IS ORDERED that the Temporary Cease Trade Orders currently in place as against Firestar Capital Management Corp., Kamposse Financial Corp., Firestar Investment Management Group, Michael Ciavarella and Michael Mitton are further continued until October 12, 2006, or until further order of this Commission;

        DATED at Toronto, this "31st" day of July, 2006.

"Paul M. Moore"
Paul M. Moore
"Suresh Thakrar"
Suresh Thakrar