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

March 10, 2006


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

– AND –

IN THE MATTER OF
PORTUS ALTERNATIVE ASSET MANAGEMENT INC.,
PORTUS ASSET MANAGEMENT INC.,
BOAZ MANOR, MICHAEL MENDELSON,
MICHAEL LABANOWICH AND JOHN OGG

s. 127

TORONTO – The hearing in this matter has been adjourned on consent of all parties to April 21, 2006, at 10:30 a.m. Counsel for the respondent, Boaz Manor, has indicated that he will be bringing a motion on that day for an order adjourning the proceeding against him under S.127 of the Securities Act, until the completion of the proceeding initiated against him pursuant to S.122 of the Act.

A copy of the Notice of Hearing and the Statement of Allegations are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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