The Ontario Securities Commission has ordered that the hearing to consider the temporary cease trade orders concerning shares of Pender International Inc. be adjourned until November 23.

On consent of all parties except Michael Mitton, the OSC issued an order continuing the temporary cease trade Orders against Michael Ciavarella, Kamposse Financial Corp., Firestar Capital Management Corp. and Firestar Investment Management Group preventing them from trading in the shares of Pender International Inc.

The OSC also continued the temporary cease trade order against Mitton preventing him from trading in any shares in Ontario, until the hearing on November 23.