Decision Content

- MANITOBA CURITIES COMMISSION IN THE MATTER OF: THE SECURITIES ACT -and-IN THE MATTER OF: BARRIE WILLIAM CAHILL and DUNDEE PRIVATE INVESTORS INC. 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, Winn ipeg , Manitoba on Wednesday, the 1 st day of June, 201 1 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 section 148 of The Securities Act ("Act" ), that Barrie W illiam Cahill ("CAHILL") be cease traded ; 2. whether or not it is in the public interest to order, pursuant to subsection 19(5) of the Act, that: (a) subsection 19(1) of the Act does not, with respect to such of the trades referred to in those sections, apply to CAHILL; and , (b) subsection 19(2) of the Act does not, with respect to such of the securities referred to in that section, apply to CAHILL; 3. whether or not, pursuant to subsection 148.2 of the Act, that CAH ILL be ordered to pay compensation for financial loss; 4. whether or not, pursuant to subsection 148.2 of the Act , that Dundee Private Investors Inc. ("DUNDEE") be ordered to pay compensation for financial loss ; -"l)jH1 ~} St. Milry !\wnlJ • Wlnn lP<'~ . Manltolla ILK ~ K5 l ei: 20-1 ) ·)-l 5 . 2.'>4 ~ fax : (204) </4:' .03JO W\ W i .m . ",.(lV.mb.",
Page 2 5. whether or not it is in the public interest to order that the respondents or either of them pay the costs of and incidental to the hearing; 6. 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 the allegations set out in the Statement of Allegations of staff of the Commission dated March 23, 2011 . 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, Winn ipeg , Manitoba, a form or forms of summons to compel the attendance of witnesses. AN D 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 and the Commission may make or give any decision or order as thoug h that party were present. DATED at Winnipeg , Manitoba this 25 th day of March , 2011 . Direc , Legal and Enforcement TO: BARRIE WILLIAM CAHILL AND TO: DUNDEE PRIVATE INVESTORS INC.
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