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

May 16, 2005


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

- AND -

PORTUS ALTERNATIVE ASSET MANAGEMENT INC.
and BOAZ MANOR

TORONTO – The Commission issued an Order in the above-named matter today that the Hearing to consider whether to extend the Temporary Orders is adjourned until September 16, 2005 at 10:00 a.m.; the Temporary Orders issued on February 2 and 10, 2005 are continued until the hearing on September 16, 2005, or until further order of this Commission; and any person or company affected by this Order may apply to the Commission for an order revoking or varying the terms of this Order pursuant to s.144 of the Securities Act.

A copy of the Order is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


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