Notice of Hearing: In the Matter of Otis-Winston Ltd. et al.

Notice of Hearing

 

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

AND

IN THE MATTER OF
OTIS-WINSTON LTD., XILLIX TECHNOLOGIES CORP., and DIGITAL CYBERNET CORPORATION

NOTICE OF HEARING
(Section 127)

 

TAKE NOTICE that the Ontario Securities Commission (the "Commission") will holda hearing pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, as amended(the "Act") at its offices on the 19th Floor, Executive Boardroom, 20 Queen Street West,Toronto, Ontario commencing on June 7, 2000, at 10:00 a.m. or as soon thereafter as thehearing can be held.

 

TO CONSIDER whether, pursuant to section 127(1) of the Act, it is in the publicinterest for the Commission to order:

(a) that all trading in common shares of Digital Cybernet Corporation ("DigitalCybernet") by Otis-Winston Ltd. ("Otis-Winston") and in common shares of XillixTechnologies Corp. ("Xillix") in exchange for Digital Cybernet common shares,tendered in response to an Offer to Purchase made by Otis-Winston on May 3,2000 cease permanently;

(b) that all trading of Digital Cybernet common shares by Otis-Winston cease untilOctober 6, 2000;

(c) that all trading by Otis-Winston in any securities cease permanently;

(d) to make such other order as the Commission may deem appropriate;

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

AND TAKE FURTHER NOTICE that any party to the proceeding may berepresented by counsel if that party attends or submits evidence at the hearing;

AND TAKE FURTHER NOTICE that upon failure of any party to attend at the timeand place aforesaid, the hearing may proceed in the absence of that party and such partyis not entitled to any further notice of the proceeding.

June 1st, 2000

"John Stevenson"