UNITED STATES OF AMERICA
Before the SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ADMINISTRATIVE PROCEEDINGS RULINGS Release No. 2965/July 23, 2015 ADMINISTRATIVE PROCEEDING
File No. 3-16679
In the Matter of INTERNATIONAL HI-TECH INDUSTRIES INC., MARK ONE GLOBAL INDUSTRIES, INC., NORTEL NETWORKS CORPORATION, AND SILVERADO GOLD MINES LTD. ORDER POSTPONING HEARING AND SCHEDULING PREHEARING CONFERENCE
On July 8, 2015, the Securities and Exchange Commission issued an Order Instituting Administrative Proceedings (OIP) against Respondents, pursuant to Section 12(j) of the Securities Exchange Act of 1934. The OIP alleges that Respondents each have a class of securities registered with the Commission and are delinquent in their periodic filings. A hearing is scheduled for July 29, 2015.
The Division of Enforcement has filed a declaration establishing that Respondents were served with the OIP by July 14, 2015, in accordance with 17 C.F.R. § 201.141(a)(2)(ii), (iv). Respondents’ Answers are due by July 27, 2015. See OIP at 3; 17 C.F.R. §§ 201.160(b), .220(b).
It is ORDERED that the hearing scheduled for July 29, 2015, is POSTPONED, and a prehearing conference is scheduled for August 21, 2015, at 11:00 a.m. EDT, if the proceeding has not been resolved before then. Any Respondent that fails to file an Answer within the time provided will be deemed in default, the proceeding will be determined against it, and the registration of its securities will be revoked. See OIP at 3; 17 C.F.R. §§ 201.155(a)(2), .220(f).
_______________________________ Jason S. Patil Administrative Law Judge
