Notice from the Office of the Secretary - 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 IVAN TWERDUN

TORONTO, Feb. 25, 2013 /CNW/ - Following the hearing on the merits in the above noted matter, the Commission issued its Reasons for Decision.

The Commission also issued an Order which provides that the hearing to determine sanctions and costs will be held at the offices of the Commission at 20 Queen Street West, 17^th Floor, Toronto, commencing on April 18, 2013 at 10:00 a.m.

A copy of the Reasons for Decision and the Order dated February 22, 2013 are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

SOURCE: Ontario Securities Commission