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 TRANSCAP CORPORATION, STRATA-TRADE CORPORATION, DALE JOSEPH EDGAR ST. JEAN AND GREGORY DENNIS TINDALL

REASONS AND DECISION
(Subsections 127(1) and 127(10) of the Act)