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

July 24, 2007


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

- AND -

IN THE MATTER OF
JAN S. MICHALIK, APPLICATION FOR REGISTRATION OF
TEZNIA FINANCIAL CORP. AS AN INVESTMENT COUNSEL AND
PORTFOLIO MANAGER (ICPM) AND JAN S. MICHALIK’S
REGISTRATION AS AN ADVISING OFFICER

TORONTO – Following a hearing held on June 19, 2007, the Commission issued its Reasons and Decision in the above noted matter.

A copy of the Reasons and Decision is available at www.osc.gov.on.ca.


OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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