Re: Venard Joseph Gaudet, Patrick Anthony Chesnutt, Paul Marion Cohen, and Osler Inc.

For Immediate Release Before the Court OSC

Toronto -- The trial of the charges against the above under the Securities Act of Ontario will take place on Friday, July 3rd, 1998 at 11:00 a.m. in courtroom 121, Old City Hall, Toronto.

Larry Waite
Director of Enforcement
(416) 593-8156
Thomas J. Lockwood, Q.C.
(416) 598-2323