| Notice from the Office of the Secretary |
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| 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 July 27, 2007 |
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF
FACTORCORP INC., FACTORCORP FINANCIAL INC.,
AND MARK TWERDUN
R.S.O. 1990, c. S.5, AS AMENDED
- AND -
IN THE MATTER OF
FACTORCORP INC., FACTORCORP FINANCIAL INC.,
AND MARK TWERDUN
TORONTO - Following a hearing held on July 20 and 25, 2007 to consider whether to vary and/or extend the Temporary Order issued by the Commission on July 6, 2007 in the above noted matter, the Panel has ordered today that, pursuant to subsection 127(6) and 144 of the Act, the Temporary Order, as varied, shall take effect immediately and shall expire on the thirtieth day after its making unless extended by the Commission.
A copy of the Temporary Order, is available at www.osc.gov.on.ca
OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY
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| For media inquiries: | Wendy Dey Director, Communications & Public Affairs 416-593-8120 |
| Laurie Gillett Manager, Public Affairs 416-595-8913 |
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| For Investor Inquiries: | OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free) |