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 BAFFINLAND IRON
MINES CORPORATION, IRON ORE HOLDINGS, LP AND ITS WHOLLY-OWNED SUBSIDIARY
NUNAVUT IRON ORE ACQUISITION INC.

TORONTO, Dec. 6 /CNW/ - Following a hearing held on November 18, 2010 in the above named matter, the Commission issued its Reasons For Decision.

A copy of the Reasons For Decision dated December 3, 2010 is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

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