Notice of Hearing: In the Matter of AMTE Services Inc. et al.
IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- AND -
IN THE MATTER OF
AMTE SERVICES INC., OSLER ENERGY CORPORATION, RANJIT GREWAL,
PHILLIP COLBERT AND EDWARD OZGA
NOTICE OF HEARING
(Subsections 127(7) and (8) of the Securities Act)
WHEREAS on October 15, 2012, the Ontario Securities Commission (the “Commission”) issued a temporary order pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O., c.S.5., as amended (the "Act"), ordering the following (the “Temporary Order”):
(a) all trading by and in the securities of AMTE shall cease;
(b) all trading by and in the securities of Osler shall cease;
(c) all trading by Grewal shall cease;
(d) all trading by Colbert shall cease; and
(e) all trading by Ozga shall cease;
AND WHEREAS IT WAS FURTHER ORDERED that pursuant to clause 3 of subsection 127(1) of the Act, that any exemptions contained in Ontario securities law do not apply to any of the Respondents;
TAKE NOTICE THAT the Commission will hold a hearing pursuant to subsections 127(7) and (8) of the Act at the offices of the Commission at 20 Queen Street West, Toronto, Ontario, 17th Floor Hearing Room on October 25, 2012 at 2:00 p.m. or as soon thereafter as the hearing can be held;
TO CONSIDER whether, in the opinion of the Commission, it is in the public interest for the Commission:
(a) to extend the Temporary Order, pursuant to subsections 127(7) and (8) of the Act, until the final disposition of this matter or until such time as the Commission considers appropriate; and
(b) to make such further orders as the Commission considers appropriate.
BY REASON of the recitals set out in the Temporary Order and such allegations and evidence as counsel may advise and the Commission may permit;
AND TAKE FUTHER NOTICE THAT any party to the proceeding may be represented by counsel at the hearing;
AND TAKE FURTHER NOTICE THAT upon failure of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceeding.
DATED at Toronto this 16h day of October, 2012.
John Stevenson
Secretary to the Commission