/CNW/ - On September 1, 2010, Abel Da Silva was
sentenced in the Ontario Court of Justice to 75 days in jail and two
years of probation for violating the terms of an Ontario Securities
Commission (OSC) cease trade order made against him in 2006. The cease
trade order remains in effect.

In October 2008, staff of the OSC charged Mr. Da Silva with one count of
violating section 122(1)(c) of the Securities Act (Ontario). Mr.
Da Silva entered a guilty plea to the offence in June 2010 and the
sentencing was adjourned to September 1, 2010.

Cease trade orders prohibit individuals or companies from trading in
securities. They can help protect investors by stopping alleged illegal
activity. The OSC takes the violation of cease trade orders seriously
and will continue to pursue offenders through the court system.

In a separate matter, on June 11, 2010, a panel of the OSC found that
Mr. Da Silva committed numerous violations of Ontario securities law in
relation to his role in the sale of securities of a company known as
Al-tar Energy Corp. A sanctions hearing with respect to Mr. Da Silvas
violations of Ontario securities law in the Al-tar Energy Corp. matter
is scheduled to take place at the OSC on September 13, 2010 at 10 a.m.

The mandate of the OSC is to provide protection to investors from
unfair, improper or fraudulent practices and to foster fair and
efficient capital markets and confidence in capital markets. Investors
are urged to check the registration of any person or company offering an
investment opportunity and to review the OSC investor materials
available at www.osc.gov.on.ca.