Securities Law & Instruments

IN THE MATTER OF

THE SECURITIES ACT

R.S.O. 1990, C. S.5, AS AMENDED

AND

IN THE MATTER OF

MARK EDWARD VALENTINE

 

ORDER

(Section 127)

WHEREAS by Notice of Hearing dated January7, 2003 Staff of the Commission have requested the Commission,pursuant to s. 127 of the Act:

a) to extend the temporary order made July8, 2002 (the "July Order"), on or before January31, 2003, until the conclusion of this hearing pursuantto clause 7 of s. 127;

b) at the conclusion of this hearing, tovary the July Order by removing the trading exemptions containedtherein and extending the amended Order until July 31, 2003;and

c) to make such other order as the Commissionconsiders appropriate.

AND WHEREAS after hearing submissionsof counsel for staff and counsel for Mr. Valentine;

AND WHEREAS the Commission has not yetcome to a decision whether or not to extend, vary, or make suchother order as it considers appropriate.

IT IS HEREBY ORDERED that the July Orderis extended for such period until the Commission has made itsdecision.

January 31, 2003.

"Howard I. Wetston"                    "RobertW. Davis"                    "RobertL. Shirriff"