IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
IN THE MATTER OF
RICHARD OPEKAR, ROBERT OPEKAR,
JOHN A. TINDALE, WILLIAM BURT AND LAVER LIMITED
STATEMENT OF ALLEGATIONS OF STAFF
OF THE ONTARIO SECURITIES COMMISSION
Staff of the Ontario Securities Commission make the following allegations:
1. Wollasco Minerals Inc. ("Wollasco") is incorporated under the laws of Canada.Wollasco is a reporting issuer in Ontario.
2. Each of Richard Opekar, Robert Opekar, John A. Tindale, William Burt and LaverLimited (individually, a "Respondent" and collectively, the "Respondents") is, or wasduring the financial year of Wollasco ended December 31, 1999, a director, officer,significant shareholder (beneficial ownership of 10% or more of the voting rights ofWollasco) or individual that has, or may have, access to material undisclosedinformation.
3. Wollasco failed to file annual financial statements for its financial year endedDecember 31, 1999 on or before May 19, 2000, contrary to subsection 78(1) of theSecurities Act (Ontario).
4. By virtue of his/her/its relationship, each Respondent has, or may have, access toinformation regarding the affairs of Wollasco that has not been generally disclosed.
5. It would be prejudicial to the public interest to allow the Respondents to trade in thesecurities of Wollasco until such time as all disclosure required by Ontario securitieslaw has been made by Wollasco.
6. It is therefore in the public interest for the Commission to order that all trading,whether direct or indirect, in the securities of Wollasco by the Respondents ceaseuntil such time as Wollasco has made all filings it is required to make under Ontariosecurities law.