Notice from the Office of the Secretary - Ontario Securities Commission

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

- AND -

IN THE MATTER OF PRO-FINANCIAL ASSET MANAGEMENT INC.

TORONTO, May 2, 2014 /CNW/ - The Commission issued an Order in the above named matter which provides that:

1. The Third Lapse Date Extension Request is dismissed without prejudice to PFAM bringing an application under section 144 to vary or revoke this order if the audited financial statements and MRFPs for the Pro-Index Funds are filed with the Commission.
    
2. Notwithstanding that the lapse date for the Pro-Index Funds was previously extended to April 21, 2014, the distribution of securities of the Pro-Index Funds shall cease as of the end of the day on April 21, 2014.
    
3. The Temporary Order is extended to May 27, 2014.
    
4. The hearing is adjourned to May 23, 2014 at 10:00 a.m.

A copy of the Order dated April 21, 2014 is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOSÉE TURCOTTE
ACTING SECRETARY

SOURCE: Ontario Securities Commission

For media inquiries: [email protected]; Carolyn Shaw-Rimmington, Manager, Public Affairs, 416-593-2361; Aly Vitunski, Senior Media Relations Specialist, 416-593-8263; Alison Ford, Media Relations Specialist, 416-593-8307; For investor inquiries: OSC Contact Centre, 416-593-8314, 1-877-785-1555 (Toll Free)