Order: In the Matter of Dax Sukhraj

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

AND

IN THE MATTER OF
DAX SUKHRAJ

ORDER
(Section 127(1))

WHEREAS on March 8, 1999, the Ontario Securities Commission (the"Commission") issued a notice of hearing (the "Notice of Hearing") pursuant to Section127(1) of the Securities Act (the "Act") in respect of Dax Sukhraj ("Sukhraj");

AND WHEREAS Sukhraj entered into a settlement agreement dated March 8, 1999(the "Settlement Agreement") in which he agreed to a proposed settlement of theproceeding in respect of the Notice of Hearing, subject to the approval of the Commission;

AND WHEREAS Sukhraj has agreed to the making of this Order on the basis of thefacts set out in Part III of the Settlement Agreement;

AND UPON reviewing the Settlement Agreement and the statement of allegationsof Staff of the Commission, and upon hearing submissions from counsel for Sukhraj andfrom Staff of the Commission;

AND WHEREAS the Commission is of the opinion that it is in the public interest tomake this Order;

IT IS ORDERED THAT:

(1) the Settlement Agreement dated March 8, 1999, attached to this Order, is herebyapproved;

(2) pursuant to clause (6) of subsection 127(1) of the Act, Sukhraj is herebyreprimanded.

March 11th, 1999.


"Howard I. Wetston"

"J. F. Howard"

"G. P. H. Vernon"