Order: In the Matter of Threegold Resources Inc. et al.

IN THE MATTER OF
THREEGOLD RESOURCES INC.,
VICTOR GONCALVES and JON SNELSON

M. Cecilia Williams, Commissioner and Chair of the Panel

File No. 2019-42

March 15, 2021

ORDER

WHEREAS the Ontario Securities Commission held a hearing in writing to consider a motion brought by Staff of the Commission (Staff) to waive service on the Respondent Threegold Resources Inc. (Threegold), proceed in Threegold’s absence, dispense with Staff’s disclosure obligations and hold a combined merits and sanctions hearing in writing;

ON READING the Motion Record and the affidavits of Victor Goncalves and Jon Snelson, and on reading the submissions of Staff, no one appearing on behalf of Threegold;

IT IS ORDERED THAT:

1. pursuant to Subrule 28(5)(a) of the Ontario Securities Commission Rules of Procedure and Forms, (2019), 42 OSCB 9714 (the Rules), Staff is permitted to bring this motion without notice to Threegold;
2. pursuant to Subrule 23(3) of the Rules, this motion shall be heard in writing;
3. pursuant to Subrule 6(4) of Rules, the requirement that Staff serve the Notice of Hearing, Statement of Allegations, and all future processes on Threegold is waived;
4. pursuant to Rule 3 of the Rules, Staff’s disclosure obligations in respect of Threegold pursuant to Subrule 27(1) are waived;
5. pursuant to Rule 3 and Subrule 35(1) of the Rules, the merits and the sanctions and costs hearings against Threegold shall be combined; and
6. pursuant to Subrule 23(3) of the Rules, the enforcement proceeding against Threegold shall be conducted as a written hearing.