Use of privileged information - Further proceeding against Patrice Live

Securities

Montréal - The Autorité des marchés financiers ("AMF") has launched a penal proceeding against Patrice Live, an engineer who is accused of carrying out a transaction in the securities of Quinto Mining Corporation based on information about the company that he held in April 2008.

Patrice Live faces a minimum fine of $5,000.

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

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