Proceedings

Notice from the
Office of the Secretary
Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario
FOR IMMEDIATE RELEASE

April 2, 2008


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, C.5, AS AMENDED

- AND -

IN THE MATTER OF
LAND BANC OF CANADA INC., LBC MIDLAND I CORPORATION,
FRESNO SECURITIES INC., RICHARD JASON DOLAN,
MARCO LORENTI AND STEPHEN ZEFF FREEDMAN


TORONTO – Following a hearing yesterday, the Commission issued an Order which provides that:
  1. the Temporary Order is not extended as against LBC, Midland, Dolan and Lorenti;
  2. the Direction is continued until April 30, 2008 subject to payments approved by Staff in writing; and
  3. this Order shall not affect the right of LBC, Midland, Dolan and Lorenti to apply to the Commission to clarify or revoke the Direction prior to April 30, 2008 upon three days notice to Staff of the Commission.
A copy of the Order dated April 1, 2008 is available at www.osc.gov.on.ca.


OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


- 30 -



For media inquiries: Wendy Dey
Director, Communications & Public Affairs
416-593-8120

Laurie Gillett
Manager, Public Affairs
416-595-8913

Carolyn Shaw-Rimmington
Assistant Manager, Public Affairs
416-593-2361

For Investor Inquiries: OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)