IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- and -
IN THE MATTER OF
LIBERTY SILVER CORP.
NOTICE OF HEARING
(Subsections 127(1), 127(5) and 127(10))
WHEREAS on October 5, 2012, the United States Securities and Exchange Commission (the “SEC”) ordered, pursuant to Section 12(k) of the Securities and Exchange Act of 1934, that trading in the securities of Liberty Silver Corp. (“Liberty Silver”) is suspended for the period from 9:30 a.m. EDT, on October 5, 2012 through 11:59 p.m. EDT, on October 18, 2012 (the “SEC Order”);
AND WHEREAS the SEC Order imposes sanctions, conditions, restrictions or requirements on Liberty Silver within the meaning of paragraph 4 of subsection 127(10) of the Securities Act, RSO 1990, c. S.5, as amended (the “Act”);
AND WHEREAS the securities of Liberty Silver are traded on the Toronto Stock Exchange;
AND WHEREAS counsel to Liberty Silver was given notice of the intention of Staff of the Ontario Securities Commission (the “Commission”) to seek an order pursuant to subsection 127(10) of the Act reciprocating the SEC Order, and that the proposed order is unopposed;
TAKE NOTICE THAT the Commission will hold a hearing pursuant to subsections 127(1) and 127(10) of the Act at the offices of the Commission, 20 Queen Street West, 17th Floor, Toronto, Ontario, commencing on October 12, 2012 at 9:00 a.m. or as soon thereafter as the hearing can be held;
TO CONSIDER whether it is in the public interest for the Commission:
- to make an order, pursuant to Rule 1.6(2) of the Ontario Securities Commission Rules of Procedure that the time for service be abridged;
- to make an order pursuant to paragraph 2 of subsection 127(1) of the Act that trading in the securities of Liberty Silver Corp. shall cease until 11:59 p.m. on October 18, 2012 or such earlier time as the Commission may determine; and
- to make such other order or orders as the Commission considers appropriate.
AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel;
AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceeding.
DATED at Toronto this 11th day of October, 2012.
Secretary to the Commission