Market Manipulation - Yvan Guyon pleads guilty

Decisions and Freeze and cease trade orders Securities

Montréal – On March 22, 2010, Judge Louis A. Legault of the Court of Québec, district of Montréal, found Yvan Guyon guilty of market manipulation.

Yvan Guyon pleaded guilty to violating the Securities Act, further to the accusation by the Autorité des marchés financiers (AMF) whereby, between January 13 and 24, 2006, Mr. Guyon influenced or attempted to influence the market price or the value of the shares of Peterborough Capital Corporation by means of unfair, improper or fraudulent practices.

Mr. Guyon created interest among potential investors in the purchase of the securities of Peterborough Capital Corporation in order to help drive up the price of its shares.

Sentencing representations will take place on June 25, 2010.

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

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