Notice to investors in matter of CHIL - AMF to apply for remedial action


Montréal - The Autorité des marchés financiers ("AMF") wishes to advise investors in the matter of CHIL that it intends to file a request for remedial action with the Bureau de décision et de révision (the "Bureau") to ensure that funds held in a certain account are disgorged to the AMF under a freeze order that will expire on November 30, 2012.

The request for remedial action covers the funds held in an account at TD Waterhouse Canada inc., namely, approximately $2,832. An investor with any claim whatsoever on the funds held in the account of CHIL Investment Club or le Club d'investissements CHIL, for which the signing officers are Luc Chartrand and/or Irène Hornez, or on a portion of such funds, is required to make a representation of such claim and notify the AMF thereof no later than November 9, 2012, after which the AMF will submit the matter to the Bureau.

The amounts disgorged to the AMF further to such a request are assigned to the Education and Good Governance Fund.

Matter of CHIL

On May 10, 2011, the Bureau issued freeze and prohibition orders against Luc Chartrand and Irène Hornez. On May 8, 2012, the Bureau partially lifted the freeze order for the benefit of investors who held funds at Toronto-Dominion Bank and Jitney Trade inc.

Further information regarding this matter is available from Kristina Naginionis at 1-877-525-0337, ext. 2413.

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

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