Mitton, Michael
IN THE MATTER OF
THE SECURITIES ACT,
R.S.O. 1990, c. S.5, AS AMENDED
AND
IN THE MATTER OF
FIRESTAR CAPITAL MANAGEMENT CORP.,
KAMPOSSE FINANCIAL CORP.,
FIRESTAR INVESTMENT MANAGEMENT GROUP,
MICHAEL CIAVARELLA AND MICHAEL MITTON
TEMPORARY ORDER
(Section 127)
WHEREAS it appears to the Ontario Securities Commission that:
1. Michael Mitton is an individual residing in Ontario.
2. Staff of the Commission are investigating Mitton's involvement in the trading of shares of Pender International Inc. Based on the evidence collected to date, Mitton appears to be providing funds for and/or directing the trading of shares in Pender between related accounts in a way that appears to be artificially increasing the share price of Pender;
3. The Commission is of the opinion that it is in the public interest to make this Order; and
4. The Commission is of the opinion that the length of time required to conclude a hearing in this matter could be prejudicial to the public interest.
AND WHEREAS by Commission order made March 15, 2004, pursuant to ss.3.5(3) of the Act, anyone of David A. Brown, Paul Moore and Susan Wolburgh Jenah acting alone is authorized to make orders under s.127 of the Act;
IT IS THEREFORE ORDERED that, pursuant to clause 2 of section 127(1) of the Act, trading in securities of Pender by Mitton cease.
IT IS FURTHER ORDERED that, pursuant to section 127(6) of the Act, this order shall take effect immediately and shall expire on the 15th day after its making unless extended by the Commission.
December 10, 2004.
"David Brown"