News Release

Vancouver – The British Columbia Securities Commission has banned an Alberta man from the securities market after he admitted to illegally distributing securities in B.C.

In a settlement with the BCSC, James Harvey Cameron is barred from trading securities, acting as a director or officer of any issuer and engaging in any investor relations activities for four years. He has agreed to pay $10,000 to the BCSC.

Between May 2002 and August 2003, Venture Trading Inc., an Alberta company, issued and sold its securities to at least 90 residents in B.C., Alberta and elsewhere. Of the $4.18-million raised, $1.48-million was from 18 B.C. residents. The company violated securities laws when it distributed securities to eight B.C. individuals without complying with the registration and prospectus requirements, or exemptions from these requirements. Venture Trading raised $143,500 through this illegal distribution.

During this time, the company also maintained a password protected website, that shareholders could access, on which Venture Trading gave false information about the monthly return of its preferred shares.

Cameron, as Venture Trading’s controlling shareholder, president, secretary and only director, was responsible for the company’s illegal distribution and website misrepresentation to shareholders.

Under the settlement, Venture Trading is also prohibited from trading securities for four years.

The B.C. Securities Commission is an independent provincial government agency responsible for regulating trading in securities within the province. You may view the settlement on our website www.bcsc.bc.ca by typing in the search box, James Harvey Cameron or Venture Trading Inc. or 2005 BCSECCOM 229. If you have questions, contact Andrew Poon, Media Relations, 604-899-6880.