Notice from the Office of the Secretary: In the Matter of Baffinland Iron Mines Corporation et al.

For Immediate Release
Notice from the Office of the Secretary

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

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IN THE MATTER OF
BAFFINLAND IRON MINES CORPORATION, IRON ORE HOLDINGS, LP
AND NUNAVUT IRON ORE ACQUISITION INC.

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IN THE MATTER OF AN APPLICATION BY
STAFF OF THE ONTARIO SECURITIES COMMISSION

(Section 127)

TORONTO – Take notice that the Commission will hold a hearing on January 6, 2011 at 10:00 a.m. to consider the application by Staff of the Ontario Securities Commission to cease trade any shares tendered to the take-over bid by Nunavat Iron Ore Acquisition Inc. for the common shares of Baffinland Iron Mines Corporation, which take-over bid currently expires at 11:59 pm (Toronto time) on January 10, 2011.

The hearing will be held in the Large Hearing Room, 17th Floor, 20 Queen Street West, Toronto.

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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