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 NEST ACQUISITIONS AND MERGERS, IMG INTERNATIONAL INC., CAROLINE MYRIAM FRAYSSIGNES, DAVID PELCOWITZ, MICHAEL SMITH, and ROBERT PATRICK ZUK

TORONTO, April 29, 2013 /CNW/ - Following the hearing on the merits in the above noted matter, the Commission issued its Reasons and Decision.

The Commission also issued an Order which provides that a hearing to determine sanctions and costs will be held on June 27, 2013 at 10:00 a.m. at the offices of the Commission at 20 Queen Street West, 17^th Floor, Toronto, Ontario.

A copy of the Reasons and Decision dated April 26, 2013 and the Order dated April 26, 2013 are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

SOURCE: Ontario Securities Commission

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