Proceedings

NOTICE
IN THE MATTER OFTHE SECURITIES ACT,
R.S.O. 1990, C. S.5, AS AMENDED (THE "ACT")

AND

IN THE MATTER OF

LOIS DOREEN KING

 

NOTICE OF HEARING(Section 127)

TAKE NOTICE that the Ontario Securities Commission (the "Commission") will hold a hearing pursuant tosection 127 of the Act at the Commission's offices on the 17th floor, 20 Queen Street West, Toronto, Ontario,commencing on Monday, February 19, 2001 at 10:00 a.m., or as soon thereafter as the hearing can be held (the"Hearing"), to consider whether it is in the public interest to make an order:

(a) pursuant to paragraph 1 of subsection 127(1) of the Act, that King's registration be suspended or restrictedfor such period as may be specified by the Commission, that it be terminated, or that terms and conditionsbe imposed upon it;

(b) pursuant to paragraph 2 of subsection 127(1) of the Act, that trading in any securities by King ceasepermanently or for such period as may be specified in the order;

(c) pursuant to paragraph 6 of subsection 127(1) of the Act, that King be reprimanded; and

(d) such further and other order as the Commission may deem appropriate;

AND TAKE NOTICE that the purpose of the hearing will be for the Commission to consider whether to approvea settlement of the proceeding between Staff and King, which approval will be sought by Staff and by King;

BY REASON of the allegations set out in the Statement of Allegations of Staff and such additional allegationsas counsel may advise and the Commission may permit;

AND FURTHER TAKE NOTICE that any party to the proceeding may be represented by counsel if that partyattends or submits evidence at the Hearing;

AND FURTHER TAKE NOTICE that upon failure of any party to attend at the time and place of the Hearing,the Hearing may proceed in the absence of that party and such party is not entitled to any further notice of theproceeding.

February 12, 2001.

John Stevenson
Secretary to the Commission