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

January 23, 2009


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

- AND -

IN THE MATTER OF
HUDBAY MINERALS INC.
AND
IN THE MATTER OF
A DECISION OF THE TORONTO STOCK EXCHANGE


TORONTO – Following a hearing held on January 19 and 21, 2009 in connection with an Application from Jaguar Financial Corporation for a hearing in review of a decision of the TSX, today the Commission issued its Order and decision.

A copy of the Order and decision dated January 23, 2009 are available at www.osc.gov.on.ca


OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


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