Montréal - The Autorité des marchés financiers (the AMF) has launched a penal proceeding against Daniel L'Heureux and his company 9248-8543 Québec inc., carrying on business as Investissements Nosfinances.com, for activities related to illegal distributions and is seeking $170,000 in fines.

In this matter, Daniel L'Heureux, whose registration rights with the AMF have been suspended since August 2011, allegedly solicited clients to invest in his own company at the end of July 2011. That company was never registered with the AMF, never filed a prospectus and never received a receipt for a prospectus or an exemption from the prospectus requirements. Two investors allegedly invested close to $150,000 at the end of July 2011.

The AMF is therefore filing four charges against Daniel L'Heureux for pursuing illegal practice as a securities dealer (two counts) and aiding his company with illegal distributions (two counts). The AMF is seeking a total of $80,000 in fines.

9248-8543 Québec inc. is the subject of four counts: two for illegal practice as a securities dealer and two for illegal distributions. The AMF is seeking a total of $90,000 in fines.

Recall that on August 4, 2011, Daniel L'Heureux and his two companies, 9248-8543 Québec inc., carrying on business as Investissements Nosfinances.com, and NosFinances.com, were the subject of a cease trade order and an order to cease acting as a securities dealer, and Daniel L'Heureux's registration was suspended. The Bureau de décision et de révision also froze the bank accounts of Daniel L'Heureux and the two companies.

The Autorité des marchés financiers (the AMF) is the regulatory and oversight body for Québec's financial sector.

- 30 -

Information:

Media only:
Sylvain Théberge: 514-940-2176

Information Centre:
Québec City: 418-525-0337
Montréal: 514-395-0337
Toll-free: 1-877-525-0337
www.lautorite.qc.ca
Twitter: @lautorite This link will open in a new window