2004 BCSECCOM 226

COR #04/056

Order

TSX Venture Exchange

and

Peter Rook-Green and Christopher Serin

Section 27 of the Securities Act, RSBC 1996, c. 418

Background ¶ 1 The TSX Venture Exchange has recognized deficiencies in its rules and has represented that the Rules are being reviewed and amended.

¶ 2 The Exchange has applied for an order under section 27 of the Act to vary the Rules.

¶ 3 The Commission has reviewed the affidavit of Barbara Insley and submissions of the Exchange.

¶ 4 Peter Rook-Green and Christopher Serin have consented to the order with conditions, which the Exchange accepts.

Order ¶ 5 The Commission, considering it to be in the public interest, orders:

• that the individuals in Schedule A attached comprises the Hearing and Review Chairperson Roster and Listed Company Review Panel Roster for any hearing and review conducted by the Exchange pursuant to the Rules in respect of Peter Rook-Green and Christopher Serin; and

• that any decision by a Listed Company Review Panel consisting of individuals selected from Schedule A has the same force and effect as a decision of a Listed Company Review Panel contemplated by the Rules, and carries with it the same rights to a hearing and review under the provisions of the Act.

April 8, 2004

2004 BCSECCOM 226

Douglas M. Hyndman Chair

Adrienne Salvail-Lopez Vice Chair

2004 BCSECCOM 226

SCHEDULE A TSX VENTURE EXCHANGE LISTED COMPANY HEARING PANEL

VANCOUVER

Murray A. Clemens, Q.C. Nathanson, Schachter & Ph : (604) 662-8840 Thompson Fax : (604) 684-1598 Barristers & Solicitors 750, 900 Howe Street , BC V6Z 2M4 Catharine Esson Catharine Esson Law Ph: (604) 681-8410 Corporation Fax: (604) 681-8413 11B, 1500 Alberni Street Vancouver, BC V6G 3C9 Stephen Gill Edwards, Kenny & Bray Ph : (604) 661-1001 1900, 1040 West Fax : (604) 689-5177 Vancouver, BC V6E 4H3 D. Michael M. Goldie, Fasken Martineau DuMoulin Ph : (604) 631-3131 Q.C. LLP Fax : (604) 631-3232 2100, 1075 Georgia Street West Vancouver, BC V6E 3G2 Christopher E. Hinkson, Harper Grey Easton Ph : (604) 687-0411 Q.C. Barristers & Solicitors Fax : (604) 669-9385 3100 Vancouver Centre P.O. Box 11504 650 West Georgia Street Vancouver, BC V6B 4P7 Alison H. Narod Farris Vaughan Wills & Murphy Ph : (604) 661-1702 P.O. Box 10026, Pacific Centre Fax : (604) 661-9349 South 25th Floor, 700 West Georgia Street Vancouver, BC V7Y 1B3 Dale G. Sanderson, Q.C. Davis & Company Ph: (604) 643-6330 2800 Park Place Fax: (604) 605-3594 666 Burrard Street E-mail: Vancouver, BC V6C 2Z7 [email protected] Gary Snarch Snarch & Allen Ph: (604) 684-8802 Barristers & Solicitors Fax: (604) 684-8003 The Burrard Building E-mail: [email protected] 907 – 1030 West Georgia Street Vancouver, BC V6E 2Y3 Jean Patricia Whittow, Hordo & Bennett Ph : (604) 682-5250

2004 BCSECCOM 226

Q.C. 1801 – 808 Nelson Street Fax : (604) 682-7872 Box 12146 Vancouver, BC V6Z 2H2 Josiah Wood, Q.C. Blake, Cassels & Graydon LLP Ph : (604) 631-3382 2600 Three Bentall Centre Fax : (604) 631-3309 595 Burrard Street, P.O. Box E-mail : [email protected] 49314 Vancouver, BC V7X 1L3 Lawrence Talbot Gowling Lafleur Henderson LLP Ph : (604) 891-2741 2300 – 1055 Dunsmuir Street Fax : (604) 689-8610 P.O. Box 4912 Van E-mail : Stn Bentall Centre [email protected] Vancouver, BC V7X 1J1 Jonathan McCullough McCullough O’Connor Irwin Ph : (604) 646-3306 1100 – 888 Dunsmuir Street Fax : (604) 687-7099 Vancouver, BC V6C 3K4 E-mail : [email protected] Douglas Irwin McCullough O’Connor Irwin Ph : (604) 646-3305 1100 – 888 Dunsmuir Street Fax : (604) 687-7099 Vancouver, BC V6C 3K4 E-mail : [email protected] Richard Carter Leede Financial Markets Inc. Ph : (604) 658-3009 1800 – 1140 W. Pender Street Fax : (604) 658- 3099 P.O. Box 2 E-mail : Vancouver, BC V6E 4G1 [email protected] Dale Rondeau Thomas Rondeau Ph : (604) 688-6775 1525 – 625 Howe Street Fax : (604) 688-6995 Vancouver, BC V6C 2T6 E-mail : [email protected]