Notice of Hearing: In the Matter of Goldbridge Financial Inc. 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
GOLDBRIDGE FINANCIAL INC.,
WESLEY WAYNE WEBER, and
SHAWN LESPERANCE

NOTICE OF HEARING
(ss. 127 and 127.1 of the Securities Act)


      TAKE NOTICE the Ontario Securities Commission (the "Commission") will hold a hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O., c.S.5., as amended (the "Act") at the offices of the Commission, 20 Queen Street West, Toronto, Ontario, 17th Floor, beginning at 10:00 am on February 8, 2010, and continuing through February 12, 2010;

      TO CONSIDER whether, in the opinion of the Commission, it is in the public interest for the Commission to make one or more of the following orders against Goldbridge Financial Inc. or Wesley Wayne Weber (the “Respondents”):

      a.   to make an order pursuant to section 127(1) clause 2 of the Act that trading in securities by the Respondents, or either of them, cease permanently or for such period as specified by the Commission;

      b.   to make an order pursuant to section 127(1) clause 2.1 of the Act that acquisition of any securities by the Respondents, or either of them, be prohibited permanently or for such period as is specified by the Commission;

      c.   to make an order pursuant to subsection 127(1) clause 3 of the Act that any exemptions in Ontario securities law do not apply to the Respondents, or either of them, permanently or for such period as specified by the Commission;

      d.   to make an order pursuant to subsection 127(1) clause 6 of the Act that the Respondents, or either of them, be reprimanded by the Commission;

      e.   to make an order pursuant to section 127(1) clause 7 of the Act that the Respondents, or either of them, resign any position that the Respondents hold as a director or officer of an issuer;

      f.   to make an order pursuant to section 127(1) clause 8 of the Act that the Respondents, or either of them, be prohibited from becoming or acting as an officer or director of any issuer permanently or for such period as specified by the Commission;

      g.   to make an order pursuant to section 127(1) clause 8.2 that the Respondents, or either of them, be prohibited from becoming or acting as a director or officer of a registrant;

      h.   to make an order pursuant to section 127(1) clause 8.4 that the Respondents, or either of them, be prohibited from becoming or acting as a director or officer of an investment fund manager;

      i.   to make an order pursuant to section 127(1) clause 8.5 that the Respondents, or either of them, be prohibited from becoming or acting as a registrant, as an investment fund manager or as a promoter; and,

      j.   to make an order requiring the Respondents, or either of them, to pay an administrative penalty of not more than $1 million for each failure to comply with Ontario securities law;

      k.   to make an order pursuant to section 127.1 of the Act that the Respondents, or either of them, pay the costs of Staff's investigation and the costs of, or related to, this proceeding, incurred by or on behalf of the Commission; and

      l.   to make such other order or orders as the Commission considers appropriate.

BY REASON OF the allegations set out in the Statement of Allegations of Staff, dated August 31, 2009, and such additional allegations as counsel may advise and the Commission may permit.

      AND TAKE FUTHER NOTICE THAT any party to the proceedings 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 18th day of September, 2009.



  "John Stevenson"  
John Stevenson
                  Secretary to the Commission