News Release

Vancouver - The British Columbia Securities Commission has reached a settlement with a B.C. man who admitted to failing to file insider reports and who operated nominee accounts to purchase more shares in an initial public offering than permitted.

Darryl Wayne Halisky cannot buy securities (except in limited circumstances and only under certain conditions) and he cannot be a director or officer of any issuer nor can he engage in any investor relations activities for five years. He must also pay the BCSC $8,000.

Halisky admitted that he directed or controlled nominee accounts used to buy close to 23-per-cent of the shares in an initial public offering made by Corra Capital Corp. in 2000. This was significantly in excess of the two-per-cent permitted by securities exchange rules. (Corra’s shares were listed and began trading on the former Canadian Venture Exchange in November 2000.)

Halisky, while he was an insider of the company, did not file any insider trading reports for trades that he made in the Corra shares, violating securities regulations.

The B.C. Securities Commission is the 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, Darryl Wayne Halisky or 2006 BCSECCOM 438. If you have questions, contact Andrew Poon, Media Relations, 604-899-6880.