THE MANITOBA SECURITIE!!I COMMISSION IN THE MATTER OF: THE SECURITIES ACT -and-IN THE MATTER OF: JEROME JOHN RAK 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 15 th day of August, 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 pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended ("Act"): 1. whether or not it is in the public interest to order, pursuant to section 148 of the Act, that Jerome John Rak ("RAK") be cease traded ; 2. whether or not it is in the public interest to order, pursuant to section 148.3 of the Act, that RAK be prohibited from becoming or acting as a director or officer of any reporting issuer; 3. 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 an order of the Executive Director of the British Columbia Securities Commission dated December 8, 2011 with attached Settlement Agreement, to be filed , and such other material as staff counsel may advise and the panel may allow. AND FURTHER TAKE NOTICE that a person or company attending or submitting evidence at the Hearing may be represented by counsel of its choice. 500~Xl 51. ~ยทfary AVem..1 l\ WinniD"~, ManUotJa RJt 4KS lei: (204) 945.25-48 (ax: (204) 94S.0nO "'.. .. ww.msc.gov.mb.l..1t
Page 2 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 and the Commission may make or give any decision or order as though that party were present. DATED at Winnipeg , Manitoba this 15 th day of June, 2012. r, Legal and Enforcement TO: JEROME JOHN RAK
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