February 2, 2006 Decisions and Freeze and cease trade orders Securities

Montréal – Further to the objection put forward by the Autorité des marchés financiers (AMF), the Bureau de décision et de révision en valeurs mobilières (“BDRVM”) has dismissed the motion filed by Vincent Lacroix to overturn the freeze order on funds for the payment of living expenses and legal fees.

In support of its decision, the BDRVM pointed out Mr. Lacroix’s lack of credibility during his testimony and evidence for significant cash flow between mutual funds and bank accounts under his control.

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

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Information:

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Philippe Roy (514) 940-2176
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Additional news

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• January 28, 2008 Vincent Lacroix sentenced to 12 years less one day
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• September 30, 2005 AMF seeks to wind up Norbourg
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• August 30, 2005 Freeze order on shares held by Lacroix in Dianor Resources
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