/C O R R E C T I O N from Source -- Alberta Securities Commission (ASC)/

In c6433 transmitted at 11:36e today, an error occurred in the second sentence of the fourth paragraph. The administrative penalty should have read for "three" years and not "10" years. Corrected copy follows:

ASC sanctions Ontario resident with 20-year market ban and $290,000 penalty

The ASC panel found that between September 2004 and January 2006,Grossman, president of Maitland Capital Ltd., and Maitland salespersons coldcalled investors in several Canadian provinces to encourage them to purchaseMaitland Capital common shares. Grossman and the salespersons were notregistered to do so in Alberta. The panel also determined that Grossman mademisrepresentations to Maitland investors and made false statements to an ASCinvestigator. From the evidence submitted, the panel concluded that all fundsinvested in Maitland Capital have been lost and that investors have been leftwith unsaleable securities.

As a result of Grossman's "multiple serious contraventions of or failuresto comply with Alberta securities laws and his serious, at times egregious,conduct contrary to the public interest - and his troubling failure torecognize the seriousness of his misconduct," the panel determined that hewould pose a risk to Alberta investors if his future access to the market wasnot restricted.

The ASC panel also ordered Ron Gardner (also known as Ron Garner), aMaitland salesperson, to pay a $15,000 administrative penalty and ceasetrading or using securities exemptions for five years. Other Maitlandsalespeople, William Rouse, Dianna Cassidy and Robert Geller, were ordered topay $10,000 each in administrative penalties and cease trading or usingexemptions for three years. The panel also prohibited the trade of MaitlandCapital Ltd. securities until a prospectus is filed with the ASC. The ASCpanel ordered Maitland and the salespeople to pay a total of $24,000 in costs.

A copy of the first and second part of the decision in its entirety isposted on the ASC website at .

The ASC is the regulatory agency responsible for administering theprovince's securities laws. It is entrusted to foster a fair and efficientcapital market in Alberta and to protect investors. As a member of theCanadian Securities Administrators, the ASC works to improve, coordinate andharmonize the regulation of Canada's capital markets.

For further information

For Media Inquiries: Mark Dickey, SeniorCommunications Advisor, (403) 297-4481, .ca
For InvestorInquiries: ASC Public Inquiries, Toll Free 1-877-355-4488