Notice from the Office of the Secretary: In the Matter of Portus Alternative Asset Management Inc. et al. - Michael Labanowich

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, as amended

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

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IN THE MATTER OF A SETTLEMENT AGREEMENT BETWEEN
STAFF OF THE ONTARIO SECURITIES COMMISSION and MICHAEL LABANOWICH

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 Ontario Securities Commission and Michael Labanowich.

A copy of the Order dated August 27, 2012 and Settlement Agreement dated August 27, 2012 are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY