Ontario Ministry of the Attorney General Notice: Civil Forfeiture Proceeding In The Matter of Richvale Resource Corporation

Richvale Resource Corporation Matter

The Ontario Securities Commission and the Civil Remedies for Illicit Activities Office (CRIA), Ministry of the Attorney General of Ontario (AGO), have entered into a Memorandum of Understanding, to exchange information and administer the Civil Remedies Act, 2001.

This Act, which is Ontario’s civil forfeiture law, allows the AGO to ask the court for an order to freeze, take possession of, and forfeit to the Crown, property that is determined to be a proceed or instrument of unlawful activity.

This Notice pertains to the Richvale Resource Corporation matter. Commission documents related to this matter are available on the OSC website here.

MINISTRY OF THE ATTORNEY GENERAL

Civil Remedies for Illicit Activities Office (CRIA)

Statutory Notice 421-16 made under Ontario Regulation 498/06

ATTORNEY GENERAL OF ONTARIO

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CONTENTS OF FIVE BANK ACCOUNTS HELD AT THE ROYAL BANK OF CANADA AND TD CANADA TRUST AND $38,000 IN CANADIAN CURRENCY (IN REM)

The above captioned civil forfeiture proceeding commenced under the Civil Remedies Act has resulted in the sum of $238,903.12 being deposited into a special purpose account.

All individuals or other persons who have suffered pecuniary or non-pecuniary losses (money or non money damages) as a result of the unlawful activity that was the subject of the forfeiture proceeding are entitled to make a claim for compensation.

The Crown, a municipal corporation or a public body that is a member of one of the classes of public bodies prescribed in the regulation that suffered pecuniary losses as a result of the unlawful activity that are expenses incurred in remedying the effects of the unlawful activity are also entitled to make a claim for compensation.

All claims must comply with section 6 of Ontario Regulation 498/06 or they will be denied. Regulation 498/06 may be found at: https://www.ontario.ca/laws/regulation/060498.

To obtain a claim form or if you have any inquiries regarding your entitlement to compensation, please contact CRIA toll free at 1-888-246-5359 or by e-mail to [email protected] or by Fax to 416-314-3714 or write to:

Civil Remedies for Illicit Activities Office (CRIA)
Ministry of the Attorney General
77 Wellesley Street West, P.O. Box 555
Toronto, ON, CANADA M7A 1N3

All completed claims must refer to Notice 421-16 and be received by CRIA no later than 5:00:00 pm on June 24, 2016 or they will not be considered. Completed claims may be submitted either in writing to the above address or electronically to the above e-mail account or via fax.

You may not be eligible for compensation if you took part in the unlawful activity giving rise to the forfeiture proceeding. Even if you are eligible for compensation, your claim may be denied if you are unable to provide proof of your claim.