Notice from the Office of the Secretary - IN THE MATTER OF THE SECURITIES ACT R.S.O. 1990, c. S.5, AS AMENDED - AND - IN THE MATTER OF DANIEL STERNBERG, PARKWOOD GP INC. AND PHILCO CONSULTING INC.

TORONTO, April 24, 2012 /CNW/ -The Office of the Secretary issued the following Notices of Hearing in the above noted matter:

(i)	Notice of Hearing dated April 24, 2012 setting the matter down to be heard on April 26, 2012 at 3:00 p.m. or as soon thereafter as the hearing can be held in the above named matter; and
(ii)	Notice of Hearing dated April 24, 2012 for a hearing on April 26, 2012 at 3:00 p.m. to consider whether it is in the public interest to approve a settlement agreement entered into by Staff of the Commission and Daniel Sternberg, Parkwood GP Inc. and Philco Consulting Inc.

The hearing will be held in Hearing Room C on the 17th floor of the Commission's offices located at 20 Queen Street West, Toronto.

A copy of the above Notices of Hearing and Statement of Allegations of Staff of the Ontario Securities Commission dated April 24, 2012 are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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