Notice from the Office of the Secretary: In the Matter of Global Energy Group Ltd. et al. - Michael Schaumer

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

- AND -

IN THE MATTER OF
GLOBAL ENERGY GROUP, LTD., NEW GOLD LIMITED PARTNERSHIPS,
CHRISTINA HARPER, VADIM TSATSKIN, MICHAEL SCHAUMER, ELLIOT FEDER,
ODED PASTERNAK, ALAN SILVERSTEIN, HERBERT GROBERMAN, ALLAN
WALKER, PETER ROBINSON, VYACHESLAV BRIKMAN,NIKOLA BAJOVSKI,
BRUCE COHEN and ANDREW SHIFF

- AND -

IN THE MATTER OF A SETTLEMENT AGREEMENT BETWEEN STAFF OF THE
ONTARIO SECURITIES COMMISSION AND MICHAEL SCHAUMER

TORONTO – The Office of the Secretary issued Notices of Hearing to consider whether it is in the public interest to approve a settlement agreement entered into by Staff of the Commission and Michael Schaumer.

The hearing will be held on November 29, 2011 at 11:00 a.m. in Hearing Room B on the 17th floor of the Commission's offices located at 20 Queen Street West, Toronto.

A copy of the Notice of Hearing dated November 25, 2011 is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY