Volume 25, Issue 31, Aug 02, 2002
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The Ontario Securities Commission OSC Bulletin August 2, 2002 Volume 25, Issue 31 (2002), 25 OSCB The Ontario Securities Commission Administers the Securities Act of Ontario (R.S.O. 1990, c.S.5) and the Commodity Futures Act of Ontario (R.S.O. 1990, c.C.20) The Ontario Securities Commission Published under the authority of the Commission by: Cadillac Fairview Tower Carswell Suite 1903, Box 55 One Corporate Plaza 20 Queen Street West 2075 Kennedy Road Toronto, Ontario Toronto, Ontario M5H 3S8 M1T 3V4 416-593-8314 or Toll Free 1-877-785-1555 416-609-3800 or 1-800-387-5164 Contact Centre - Inquiries, Complaints: Fax: 416-593-8122 Capital Markets Branch: Fax: 416-593-3651 - Registration: Fax: 416-593-8283 - Filings Team 1: Fax: 416-593-8244 - Filings Team 2: Fax: 416-593-3683 - Continuous Disclosure: Fax: 416-593-8252 - Insider Reporting Fax: 416-593-3666 - Take-Over Bids / Advisory Services: Fax: 416-593-8177 Enforcement Branch: Fax: 416-593-8321 Executive Offices: Fax: 416-593-8241 General Counsel=s Office: Fax: 416-593-3681 Office of the Secretary: Fax: 416-593-2318 The OSC Bulletin is published weekly by Carswell, under the authority of the Ontario Securities Commission. Subscriptions are available from Carswell at the price of $549 per year. Subscription prices include first class postage to Canadian addresses. Outside Canada, these airmail postage charges apply on a current subscription: U.S. $175 Outside North America $400 Single issues of the printed Bulletin are available at $20.00 per copy as long as supplies are available. Carswell also offers every issue of the Bulletin, from 1994 onwards, fully searchable on securities.pro™, Canada’s pre-eminent web- based securities resource. securities.pro™ also features comprehensive securities legislation, expert analysis, precedents and a weekly Newsletter. For more information on securities.pro™, as well as ordering information, please go to: http://www.ecarswell.com/securities.pro or call Carswell Customer Relations at 1-800-387-5164 (416-609-3800 Toronto & Outside of Canada) Claims from bona fide subscribers for missing issues will be honoured by Carswell up to one month from publication date. Space is available in the Ontario Securities Commission Bulletin for advertisements. The publisher will accept advertising aimed at the securities industry or financial community in Canada. Advertisements are limited to tombstone announcements and professional business card announcements by members of, and suppliers to, the financial services industry. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior written permission of the publisher. The publisher is not engaged in rendering legal, accounting or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional should be sought. © Copyright 2002 Ontario Securities Commission ISSN 0226-9325 One Corporate Plaza Customer Relations 2075 Kennedy Road Toronto 1-416-609-3800 Toronto, Ontario Elsewhere in Canada/U.S. 1-800-387-5164 M1T 3V4 World wide Web: http://www.carswell.com Email: [email protected] Table of Contents Chapter 1 Notices / News Releases ..................... 5061 2.2.1 Skylon Advisors Inc. and Skylon Global 1.1 Notices ......................................................... 5061 High Yield Trust - s. 147 ................................5121 1.1.1 Current Proceedings Before The Ontario 2.2.2 Landore Resources Inc. - ss. 83.1(1).............5122 Securities Commission.................................. 5061 2.2.3 Rockwell Ventures Inc. - ss.83(1) ..................5124 1.1.2 The Toronto Stock Exchange Amendments to 2.3 Rulings..........................................................5126 Parts V, VI and VII of The Toronto Stock 2.3.1 1528998 Ontario Limited - s. 59(1) of Exchange Company Manual ......................... 5062 Sched. 1.........................................................5126 1.1.3 OSC Staff Notice No. 33-720 - 2001 National 2.3.2 D’Angelo Brands, Inc. - s. 74(1).....................5127 Compliance Review (NCR)............................ 5063 1.1.4 Amendments to IDA Regulation 400.1, Mail Chapter 3 Reasons: Decisions, Orders and Insurance - Notice of Commission Approval.. 5066 Rulings ..................................................(nil) 1.2 Notices of Hearing....................................... (nil) 1.3 News Releases ............................................ (nil) Chapter 4 Cease Trading Orders ..........................5129 4.1.1 Temporary, Extending & Rescinding Cease Chapter 2 Decisions, Orders and Rulings ........... 5067 Trading Orders...............................................5129 2.1 Decisions ..................................................... 5067 4.2.1 Management & Insider Cease Trading 2.1.1 Tuscarora Energy Growth Fund Inc. Orders............................................................5129 - MRRS Decision........................................... 5067 2.1.2 Shire Pharmaceuticals Group plc Chapter 5 Rules and Policies................................(nil) - MRRS Decision........................................... 5070 2.1.3 Leisure Canada Inc. Chapter 6 Request for Comments ........................(nil) - s. 9.1 of Rule 61-501................................... 5072 2.1.4 Lasmo plc Chapter 7 Insider Reporting..................................5131 - MRRS Decision........................................... 5074 2.1.5 Temex Resources Corp. Chapter 8 Notice of Exempt Financings...............5189 - MRRS Decision........................................... 5075 Reports of Trades Submitted on Form 2.1.6 IAMGOLD Corporation 45-501F1 ................................................5189 - MRRS Decision........................................... 5077 Notice of Intention to Distribute 2.1.7 Armistice Resources Ltd. Securities and Accompanying - MRRS Decision........................................... 5078 Declaration Under Section 2.8 of 2.1.8 Burlington Resources Canada Ltd. Multilateral Instrument 45-102 Resale - MRRS Decision........................................... 5080 of Securities - Form 45-102F3 ................5194 2.1.9 Wave Securities, L.L.C. - MRRS Decision........................................... 5081 Chapter 9 Legislation.............................................(nil) 2.1.10 The Bank of Nova Scotia and Scotiabank Capital Trust Chapter 11 IPOs, New Issues and Secondary - MRRS Decision........................................... 5085 Financings.............................................5195 2.1.11 TD Securities Inc. et al. - MRRS Decision........................................... 5089 Chapter 12 Registrations.........................................5199 2.1.12 SNP Health Split Corp. 12.1.1 Registrants.....................................................5199 - MRRS Decision........................................... 5091 2.1.13 divine, inc. and Delano Technology Chapter 13 SRO Notices and Disciplinary Corporation Proceedings ..........................................5201 - MRRS Decision........................................... 5093 13.1.1 Amendments to Parts V, VI and VII of The 2.1.14 Canadian Imperial Bank of Commerce Toronto Stock Exchange Company Manual - MRRS Decision........................................... 5101 in Respect of Non-Exempt Issuers, Changes 2.1.15 Canadian Imperial Bank of Commerce in Structure of Issuers’ Capital and Delisting - MRRS Decision........................................... 5103 Procedures. ...................................................5201 2.1.16 Endev Energy Inc. 13.1.2 IDA Amendment to Regulation 400.1 - Mail - MRRS Decision........................................... 5104 Insurance Requirement..................................5249 2.1.17 Contrans Income Fund et al. - MRRS Decision........................................... 5108 Chapter 25 Other Information .................................5251 2.1.18 BNS Split Corp. and Scotia Capital Inc. 25.1 Exemptions ..................................................5251 - MRRS Decision........................................... 5114 25.1.1 Norlyn Financial Group Inc. - s. 59(2) of 2.1.19 MacKenzie Financial Corporation Sched. 1 to Reg. 1015 and s. 5.1 of Rule - MRRS Decision........................................... 5117 31-506............................................................5251 2.2 Orders........................................................... 5121 August 2, 2002 (2002) 25 OSCB Table of Contents 25.1.2 Multiple Retirement Services Inc. - s. 59(2) of Sched. 1 to Reg. 1015 and s. 5.1 of Rule 31-506 ........................................................... 5252 25.1.3 Independent Multi-Funds Inc. - s. 5.1 of Rule 31-506 ........................................................... 5253 25.1.4 Info Financial Consulting Group Inc. - s. 59(2) of Sched. 1 to Reg. 1015 and s. 5.1 of Rule 31-506............................................... 5254 25.1.5 Craig & Taylor Financial Services Inc. - s. 59(2) of Sched. 1 to Reg. 1015 and s. 5.1 of Rule 31-506 ..................................... 5255 25.1.6 Dardan Capital Financial Ltd. - s. 59(2) of Sched. 1 to Reg. 1015 and s. 5.1 of Rule 31-506 ........................................................... 5256 25.1.7 Capstone Consultants Limited - s. 59(2) of Sched. 1 to Reg. 1015 and s. 5.1 of Rule 31-506 ........................................................... 5257 25.1.8 NBG Securities Inc. -