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 QUADREXX ASSET MANAGEMENT INC., QUADREXX SECURED ASSETS INC., OFFSHORE OIL VESSEL SUPPLY SERVICES LP, QUIBIK INCOME FUND AND QUIBIK OPPORTUNITY FUND

TORONTO, March 8, 2013 /CNW/ - The  Commission issued an Order in the above named matter which provides that:

(1)     pursuant to subsection 127(7) of the Act that the portion of the Temporary Order issued under paragraph 1 of subsection 127(1) attaching terms and conditions to the registration of Quadrexx as a PM and as an IFM is extended to March 29, 2013;

(2)     pursuant to subsection 127(8) of the Act that the portion of the Temporary Order issued under paragraph 2 of subsection 127(1) that ordered all trading to cease in the securities of Quadrexx and Quadrexx Related Securities is extended to March 29, 2013;

(3)     the name of QOF in the Temporary Order be changed to "Quibik Opportunities Fund";

(4)     the hearing to: (i) consider whether to suspend Quadrexx's registration as a PM and/or as an IFM; (ii) consider whether to further extend or vary any of the terms of the Temporary Order; (iii) review the proposed plan for winding down the Quadrexx Related Securities; and (iv) receive an update on the transfer of the Managed Accounts to a new registrant will proceed on March 28, 2013 at 2:00 p.m.

A copy of the Order dated March 7, 2013 is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY

SOURCE: Ontario Securities Commission

For further information:

For media inquiries:
media_inquiries@osc.gov.on.ca

Carolyn Shaw-Rimmington
Manager, Public Affairs
416-593-2361

Alison Ford
Media Relations Specialist
416-593-8307

For investor inquiries:

OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)


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