International Akash Ventures Ltd. - ss. 83.1(1)

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, CHAPTER S. 5, AS AMENDED (the "Act")

AND

IN THE MATTER OF
INTERNATIONAL AKASH VENTURES LTD.

ORDER
(Subsection 83.1(1))

UPON the application of International Akash Ventures Ltd. ("Akash") for an order pursuant to subsection 83.1(1) of the Act, deeming Akash to be a reporting issuer for the purposes of Ontario securities law (as defined in the Act);

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

AND UPON Akash representing to the Commission as follows:

1.Akash is a corporation governed by the Company Act(British Columbia).

2.Akash’s head office is located in Vancouver, British Columbia.

3.Akash (and its predecessor corporations) has been a reporting issuer under the Securities Act (British Columbia) (the "B.C. Act") since September 1982.

4.The continuous disclosure requirements of the B.C. Act are substantially the same as the requirements under the Act.

5.The continuous disclosure materials filed by Akash (and its predecessors) under the B.C. Act since July 4, 1997 are available on the System for Electronic Document Analysis and Retrieval (SEDAR).
6.The authorized share capital of Akash consists of 100,000,000 common shares (the "Common Shares") without par value of which 1,778,780 Common Shares were issued and outstanding of November 21, 2000

7.The Common Shares are listed on the Canadian Venture Exchange ("CDNX").

8. Akash entered into a share purchase agreement dated for reference February 11, 2000 with the shareholders of 1161166 Ontario Limited ("Healthscreen") pursuant to which Akash agreed to purchase (the "Acquisition") all of the issued and outstanding shares of the capital of Healthscreen in exchange for 8,500,000 common shares of Akash, subject to the approval of the CDNX.

9.Akash circulated to its shareholders an Information Circular dated March 24, 2000 for an extraordinary meeting of its shareholders to seek shareholder approval of the Acquisition by special resolution.

10.Akash received shareholder approval of the Acquisition by special resolution at the extraordinary meeting of its shareholders held on May 11, 2000.

11.If the Acquisition is not completed within two months after the date Akash is deemed to be a reporting issuer for the purposes of the Ontario securities law pursuant to this order, then Akash will make an application to the Commission for an order deeming Akash to cease to be a reporting issuer for the purposes of the Ontario securities law.

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 Akash is deemed to be a reporting issuer for the purposes of the Ontario securities law:

January 12, 2001.


"Howard I. Wetston" "R. Stephen Paddon"