T H
I::
,...,A N
I TCS A
IN THE MATTER OF:
THE SECURITIES ACT
SE
C UR ITI .=
C OM
M
I SS
I ON
-and-
IN THE MATTER OF:
RICHVALE RESOURCE CORPORATION
AND PASQUALE SCHIAVONE
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 29
th
day of May,
2013 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
Richvale
Resource Corporation
("RICHVALE") and/or Pasquale Schiavone ("SCHIAVONE") be
cease traded;
2.
whether or not it is in the public interest to order, pursuant to
section 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 that section, apply to RICHVALE
and/or SCHIAVONE;
(b)
subsection 19(2) of the Act does not, with respect to such
of the securities
referred
to
in
that section, apply to
RICHVALE and/or SCHIAVONE;
3.
whether or not it is in the public interest to order, pursuant to
section 148.3 of the Act, that SCHIAVONE resign all positions as
director or officer of an issuer and be prohibited from becoming or
acting as director or officer of any issuer;
4.
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 Ontario Securities Commission dated November
21 , 2012, to be filed, and such other material as staff counsel may advise and
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Page 2
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.
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 4th day of April , 2013.
TO:
RICHVALE RESOURCE CORPORATION
AND TO:
PASQUALE SCHIAVONE
You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.