Order Issued Against Ontario Investment Company

N.S. SECURITIES COMMISSION--Order Issued Against Ontario Investment Company

The Nova Scotia Securities Commission issued a temporary order today, Feb. 11, against Portus Alternative Asset Management Inc. (Portus). The order imposes further terms and conditions on the company, which has been unable to open new client accounts and accept new funds or assets for investment since a previous order was issued on Feb. 2.

Today's order prevents Portus from trading in securities and from paying out, redeeming or otherwise returning investment funds to clients, except with respect to pre-authorized periodic withdrawals on behalf of clients.

The temporary order also places terms and conditions on the registration of Mr. Boaz Manor, preventing him from trading or acting on a trade on behalf of Portus clients.

Portus is an investment counselling and portfolio management company located in Ontario and registered to operate in Nova Scotia through the securities commission.

A copy of the order is available on the securities commission website at www.gov.ns.ca/nssc, under What's New. It will remain in effect until further notice.

Any investors who have questions can contact the commission at 902-424-6179.