The Ontario Securities Commission will consider a settlement agreement reached with DJL Capital Corp. and Dennis Little at a hearing on March 20 in Toronto.

Staff of the commission allege that DJL Capital and Little participated in an illegal distribution of securities of Dual Capital Limited Partnership and in an illegal distribution of units in DJL Capital, and engaged in other conduct contrary to the public interest.

On January 11, 2000 the commission made a Temporary Order requiring DJL Capital and Little to cease trading securities. On consent of DJL Capital and Little, the Temporary Order was extended by Order of the Commission dated January 21, 2000 and remains in effect.

The terms of the settlement agreement between Staff and DJL Capital and Little are confidential until approved by the commission.