Proceedings

Notice from the Office of the Secretary
Ontario Securities Commission 20 Queen St. W. 22nd Floor Toronto, ON M5H 3S8	Commission des valeurs mobilières de l'Ontario	FOR IMMEDIATE RELEASE May 31, 2017

IN THE MATTER OF
QUADREXX HEDGE CAPITAL MANAGEMENT LTD.,
QUADREXX SECURED ASSETS INC., MIKLOS NAGY AND TONY SANFELICE

TORONTO – The Commission issued an Order in the above named matter which provides that:

1. This matter is adjourned to a further confidential pre-hearing conference on August 22, 2017 at 10:00 a.m., or such other date as may be agreed to by the parties and set by the Office of the Secretary;
2. The Respondents shall serve and file their written submissions on sanctions and costs by no later than July 31, 2017;
3. Staff shall serve and file Staff's reply submissions, if any, by no later than August 30, 2017;
4. The hearing on sanctions and costs shall be held on October 24, 25 and 26, 2017, at 10:00 a.m., or such other dates as may be agreed to by the parties and set by the Office of the Secretary; and
5. The pre-hearing conference date of July 26, 2017 and the hearing date of August 23, 2017, are vacated.

The pre-hearing conference will be held in camera.

OFFICE OF THE SECRETARY
GRACE KNAKOWSKI
SECRETARY TO THE COMMISSION