Goldie Enterprises Inc. - ss. 83.1(1)

UPON the application of Goldie Enterprises Inc. ("Goldie") for an order pursuant to subsection 83.1(1) deeming Goldie to be a reporting issuer for the purposes of Ontario securities law;

AND UPON considering the application and the recommendation of the staff of the Ontario Securities Commission (the "Commission");

AND UPON Goldie representing to the Commission as follows:

1. Goldie has been a reporting issuer in the Province of British Columbia since January 11, 1980, the date on which Goldie received a receipt from the British Columbia Securities Commission for a final prospectus in connection with an initial public offering of Goldie.

2. Goldie became a reporting issuer in Alberta in November 1999 as a result of the merger of the Vancouver Stock Exchange and the Alberta Stock Exchange to form the Canadian Venture Exchange Inc. ("CDNX").

3. Goldie is not currently a reporting issuer or the equivalent in any jurisdiction in Canada other than Alberta and British Columbia.

4. Goldie is not on the list of defaulting reporting issuers maintained pursuant to the Securities Act (British Columbia) (the "British Columbia Act") or pursuant to the Securities Act (Alberta) (the "Alberta Act"). Goldie is not in default of any of the rules or regulations of CDNX.

5. The continuous disclosure requirements of the British Columbia Act and the Alberta Act are substantially the same as the requirements under the Act.

6. The continuous disclosure materials filed by Goldie under the British Columbia Act since July 28, 1997 and under the Alberta Act since November 1999 are available on the System for Electronic Document Analysis and Retrieval.

7. Pursuant to an agreement between Goldie and MagiCorp Inc. ("MagiCorp"), Goldie has agreed to acquire all of the issued and outstanding common shares, agent's compensation options, common share options and common share purchase warrants of MagiCorp by the issuance, following the consolidation, of 24,970.29 common shares of Goldie for each MagiCorp share and compensation option, 25,157.23 common share purchase warrants for each MagiCorp warrant and 25,210 options for each MagiCorp common share option (the "Proposed Acquisition").

8. In connection with the Proposed Acquisition, Goldie will prepare and send to its shareholders and file with the appropriate securities regulatory authorities, a management information circular containing disclosure with respect to the business and affairs of Goldie and MagiCorp and the Proposed Acquisition.

AND UPON the Commission being satisfied that to do so would not be prejudicial to the public interest;

IT IS HEREBY ORDERED pursuant to subsection 83.1(1) of the Act that Goldie be deemed a reporting issuer for the purposes of Ontario securities law.

February 13, 2001.

Howard I. Wetston, Theresa McLeod