Order: In the Matter of Patrick Gouveia et al.

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c.S.5, AS AMENDED

AND

IN THE MATTER OF PATRICK GOUVEIA, ANDREW PETERS,
RONALD PERRYMAN AND PAUL VICKERY

ORDER

WHEREAS on June 2, 2004, the Ontario Securities Commission issued a Notice of Hearing pursuant to s. 127 and s. 127(1) of the Securities Act, R.S.O. 1990, c.S.5, as amended, (“the Act”) in respect of the respondents Patrick Gouveia, Andrew Peters, Ronald Perryman, and Paul Vickery

AND WHEREAS the respondent Paul Vickery (“Vickery”) entered into a Settlement Agreement with Staff of the Commission dated August 21, 2006, in which he agreed to a proposed settlement of the proceeding commenced by the Notice of Hearing subject to the approval of the Commission;

AND UPON receiving the Settlement Agreement and the Notice of Hearing and upon hearing submissions of Staff and counsel for Vickery;

AND WHEREAS the Commission is of the opinion that it is the public interest to make this order;

IT IS ORDERED THAT:

1. the Settlement Agreement attached to this order schedule “A” is approved;

2. pursuant to clause 7 of s. 127(1) of the Act, the respondent, Vickery, is to resign all positions as a director of officer of any issuer;

3. pursuant to clause 8 of s. 127(1) of the Act, the respondent, Vickery is prohibited from becoming or acting as a director or officer of any issuer for five years;

4. pursuant to clause 6 s. 127(1) of the Act, the respondent, Vickery is reprimanded; and

5. pursuant to s. 127(1) of the Act, the respondent, Vickery pay costs of $5,000.

DATED at Toronto, this “25 th” day of August, 2006.