Northern Securities Inc. et al.

FOR IMMEDIATE RELEASE

March 6, 2014

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

AND

IN THE MATTER OF NORTHERN SECURITIES INC., VICTOR PHILIP ALBOINI, DOUGLAS MICHAEL CHORNOBOY AND FREDERICK EARL VANCE

AND

IN THE MATTER OF DECISIONS OF A HEARING PANEL OF THE INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA DATED JULY 23, 2012 AND NOVEMBER 10, 2012

TORONTO -- The Commission issued an Order in the above named matter which provides that:

1. The parties shall adhere to the Revised Schedule, subject to further order of the Commission;

2. If IIROC files any motion relating to the new evidence proposed by the Applicants such motion shall be heard on May 12, 2014 at 10:00 a.m., or on May 26, 2014 at 2:00 p.m. or on such other date as is agreed by the parties and set by the Office of the Secretary.

A copy of the Order dated March 4, 2014 is available at www.osc.gov.on.ca.

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