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

June 16, 2008


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

- AND -

IN THE MATTER OF
FACTORCORP INC., FACTORCORP FINANCIAL INC.,
AND MARK IVAN TWERDUN


TORONTO – The Commission issued an Order today pursuant to section 127 and 144 of the Act, that the Temporary Order, as varied, shall continue for the period expiring on September 2, 2008, unless further extended by the Commission.

A copy of the Order dated June 16, 2008 is available at www.osc.gov.on.ca


OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


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