R.S.O. 1990, c. S.5, AS AMENDED (the "Act")
IN THE MATTER OF
RICHARD OPEKAR, ROBERT OPEKAR, JOHN A. TINDALE, WILLIAM BURT AND LAVER LIMITED
WHEREAS on June 7, 2000 the Ontario Securities Commission (the "Commission")made a temporary order pursuant to subsection 127(5) of the Act, that none of theRespondents shall trade in any securities of Wollasco Minerals Inc. ("Wollasco"), subjectto the terms set out in the order, for a period of 15 days from the date of the order;
AND WHEREAS on June 7, 2000 the Commission issued a Notice of Hearingpursuant to subsection 127(9) of the Act;
AND WHEREAS it appears to the Commission that:
1. Wollasco is incorporated under the laws of Canada and is a reporting issuer in theProvince of Ontario.
2. Each of Richard Opekar, Robert Opekar, John A. Tindale, William Burt and LaverLimited (the "Respondents") is, or was during the financial year of Wollasco endedDecember 31, 1999, a director, officer or significant shareholder (beneficialownership of 10% or more of the voting rights of Wollasco) or individual that has,or may have, access to material undisclosed information of Wollasco.
3. Wollasco failed to file annual financial statements for its financial year endedDecember 31, 1999 (the "1999 Financial Statements") on or before May 19, 2000,contrary to subsection 78(1) of the Act.
4. As of the date of this order, Wollasco has not filed its 1999 Financial Statements.
AND WHEREAS the Commission is of the opinion that it is in the public interest tomake this Order;
IT IS ORDERED pursuant to paragraph 2 of subsection 127(1) of the Act that alltrading by the Respondents in the securities of Wollasco shall cease until:
(a) two full business days following the receipt by the Commission of all filingsWollasco is required to make pursuant to Ontario securities law; or
(b) further order of the Commission.
June 21st, 2000."J. A. Geller"
"Morley P. Carscallen"
"R. Stephen Paddon"