Hearings and Proceedings

Decision Information

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THE M A NI TOBA SECU R I T I ES COMMI S SION IN THE MATTER OF: THE SECURITIES ACT -and-IN THE MATTER OF: OLAV KENNETH GILLESHAMMER NOTICE OF HEARING TAKE NOTICE that The Manitoba Securities Commission ("Commission") will hold a public hearing ("Hearing") at its offices at Room 500 - 400 St. Mary Avenue , Winnipeg, Manitoba on Wednesday, the 16 th day of May, 2012 commencing at 9:00 o'clock in the forenoon or so soon thereafter as the Hearing can be held , and from day to day thereafter until the Hearing is concluded , to consider: 1. whether or not it is in the public interest to order, pursuant to subsection 148.1( 1) of The Securities Act ("Act") , that a Settlement Agreement between staff of the Commission ("Staff') and Olav Kenneth Gilleshammer ("GILLESHAMMER") be approved; 2. such further and other matters and the making of such further and other orders as the Commission may deem appropriate. BY REASON OF THE FOLLOWING ALLEGATIONS: By reason of a proposed Settlement Agreement between Staff and GILLESHAMMER dated May 11 th , 2012. AND FURTHER TAKE NOTICE that a person or company attending or submitting evidence at the Hearing may be represented by counsel of its choice. AND FURTHER TAKE NOTICE that any party to the proceedings may, at the Hearing , call witnesses and submit such evidence relevant to the Hearing as it may wish and , for that purpose, it may obtain from the Director of the Commission at Room 500 - 400 St. Mary Avenue, Winnipeg , Manitoba, a form or forms of summons to compel the attendance of witnesses. AND FURTHER TAKE NOTICE that upon failure of any party to attend at the time and place aforesaid, the Hearing may proceed in that party's absence
2 and the Commission may make or give any decision or order as though that party were present. DATED at Winnipeg , Manitoba this 11 th day of May, 2012 . TO: OLAV KENNETH GILLESHAMMER
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