Ontario Securities Commission

Commission des valeurs mobilières de l’Ontario

P.O. Box 55, 19th Floor 20 Queen Street West Toronto ON M5H 3S8

CP 55, 19e étage 20, rue Queen Ouest Toronto ON M5H 3S8

Citation: Marlon Gary Hibbert et al., 2012 ONSEC 11

Date: 2012-04-04

IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, as amended

AND

IN THE MATTER OF MARLON GARY HIBBERT, ASHANTI CORPORATE SERVICES INC., DOMINION INTERNATIONAL RESOURCE MANAGEMENT INC., KABASH RESOURCE MANAGEMENT, POWER TO CREATE WEALTH INC. AND POWER TO CREATE WEALTH INC. (PANAMA)

REASONS AND DECISION

Hearing:

December 5, 7 and 9, 2011 and January 11, 2012

Decision:

April 4, 2012

Panel:

James D. Carnwath, Q.C.

• Commissioner and Chair of the Panel

Appearances:

Swapna Chandra Jennifer Lynch

• For Staff of the Commission

• No one appeared for Marlon Gary Hibbert, Ashanti Corporate Services Inc., Dominion International Resource Management Inc., Kabash Resource Management, Power to Create Wealth Inc. or Power to Create Wealth Inc. (Panama)

TABLE OF CONTENTS

I.......... INTRODUCTION

II........ THE PRINCIPAL PLAYERS

III....... STAFF WITNESSES

A. H.S.

B. T.S.

C. H.F.

D. L.B.

E. Paul De Souza

IV....... ANALYSIS

V......... CONCLUSION

I. INTRODUCTION

1Staff of the Ontario Securities Commission (the "Commission") or (the "OSC") allege that the respondents engaged in conduct contrary to the public interest in the period from January 2005 to December 2010 as follows:

a) The Respondents traded and distributed securities without filing a prospectus in circumstances where no exemption was available, contrary to s. 53 of the [Securities Act,](https://www.canlii.org/en/on/laws