Proceedings

Notice from the
Office of the Secretary

Ontario Crest

Ontario
Securities
Commission


20 Queen St. W.
22nd Floor
Toronto, ON M5H 3S8
Commission des
valeurs mobilières
de l'Ontario
FOR IMMEDIATE RELEASE

February 11, 2016


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

- AND -

IN THE MATTER OF WELCOME PLACE INC., DANIEL MAXSOOD also known as MUHAMMAD M. KHAN, TAO ZHANG, and TALAT ASHRAF



TORONTO – Following a hearing held today, the Commission issued an Order in the above named matter approving the Settlement Agreement reached between Staff of the Commission and  Welcome Place Inc., Daniel Maxsood also known as Muhammad M. Khan, Tao Zhang and Talat Ashraf.

The Commission also issued an Order in the above named matter  in which the dates for the hearing on the merits previously scheduled to commence on  February 11, 2016 and continue on February 12, 2016 are vacated.


A copy of the Order dated February 11, 2016 and Settlement Agreement dated February 10, 2016; and the Order dated February 11, 2016 are available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
JOSÉE TURCOTTE
SECRETARY

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