RE:aabThe hearing is tomorrow. Here is the background to the hearing entitled:
IN THE MATTER OF ABERDEEN INTERNATIONAL INC.
APPLICATION OF EPIX RESOURCE FINANCE CORPORATION
(In connection with a proceeding under Rule 17 and Under Subsection 127(1) of the Securities Act, RSO 1990, c S.5)
The holder of 1,000,000 shares from his father's estate is asking the OSC to determine two things:
Whether:
(b) Aberdeen is a Non-Redeemable Investment Fund
(items 17-29)
and,make a ruling on:
(c) Related Party Transactions Involving Conflicts of Interest
(items 30-39)
This looks like it may end up being an important ruling that may be delivered. It is definately a case to watch, as it will have implications for others.
https://osc.gov.on.ca/documents/en/Proceedings-OTH/oth_20200824_epix-resource-finance.pdf