News Release

Vancouver - In a settlement agreement with the British Columbia Securities Commission (BCSC), B.C. residents Laura Simonson and Gordon Espeseth admitted they sold securities without filing a prospectus and without an exemption from the prospectus requirement.

The agreement states that between December 2010 and September 2016, Simonson and Espeseth distributed securities in Dogg Canine Nutrition Company Inc. to 26 investors for proceeds of $147,761 without filing a prospectus and without an available exemption from the prospectus requirement.

In respect of settlement of this matter, Simonson and Espeseth undertake to pay $3,000 jointly to the Commission. They have also agreed to each successfully complete a course of study on the duties and responsibilities of corporate officers and directors that is acceptable to the Executive Director within one year of the date of the settlement agreement.

As part of the settlement, Simonson and Espeseth are both prohibited for one year from becoming or acting as directors or officers of any issuer or registrant, with the exception that both may continue to serve as directors and officers of Dogg Canine.

You may view the settlement agreement on our website, www.bcsc.bc.ca, by typing Laura Simonson, Gordon Espeseth or 2018 BCSECCOM 146 in the search box. Information about disciplinary proceedings can be found in the Enforcement section of the BCSC website.

Please visit the Canadian Securities Administrators' (CSA) Disciplined List for information relating to persons and companies disciplined by provincial securities regulators, the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA).

About the British Columbia Securities Commission (www.bcsc.bc.ca)

The British Columbia Securities Commission is the independent provincial government agency responsible for regulating capital markets in British Columbia through the administration of the Securities Act. Our mission is to protect and promote the public interest by fostering:

• A securities market that is fair and warrants public confidence
• A dynamic and competitive securities industry that provides investment opportunities and access to capital

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Media Contact:
Alison Walker
604-899-6713

Public inquiries:
604-899-6854 or 1-800-373-6393 (toll free)
inquiries@bcsc.bc.ca

Learn how to protect yourself and become a more informed investor at www.investright.org