CSE NewsApr 07, 2003

CNQ Implementation Plans Underway

CNQ, 07/04/2003

TORONTO ? The Canadian Trading and Quotation System Inc. (CNQ) announced today that its road show for public companies and investment dealers, kicking off this afternoon in Toronto, followed by Calgary and Vancouver later this week, is one of the many activities underway in CNQ?s implementation plans for a summer launch.

CNQ is hosting an Issuer information session today April 7th, at the Royal York Hotel, Upper Canada Room, from 2-4 pm. On Wednesday, April 9th CNQ?s team will be in Calgary at the Calgary Petroleum Club for Issuer (8-10 am) and Dealer (3-5 pm) events and on Thursday, April 10th in Vancouver at the Hyatt Regency Vancouver for Issuer (9-11 am) and Dealer (2-4 pm) events. Additional details can be obtained at www.cnq.ca. RSVP?s are required.

CNQ will provide an automated, well regulated and transparent marketplace for emerging companies that has been structured to enhance liquidity through competitive market making. ?We are building this marketplace after extensive consultation with dealers, issuers and investors. We have eagerly anticipated rolling out our plans to participants during the months leading up to the recent receipt of a recognition order from the OSC,? said Robert Cook, Chief Executive Officer, CNQ.

CNQ has begun accepting applications for quotation from issuers which ensures that qualified companies will be ready to trade on opening day. CNQ is also working with Investment Dealer Association members to ensure timely access and services are available for traders and investors.

Canadian Trading and Quotation System Inc. (CNQ) has created a unique market model, matching enhanced disclosure and streamlined regulation with leading edge technology to meet the needs and characteristics of emerging companies, their investors and investment dealers. This combined with comprehensive regulatory oversight provides an efficient new marketplace that fosters integrity, transparency and liquidity for trading equity securities.

-30-

For Further Information Please Visit www.cnq.ca or Contact:

Natasha Blackburn, Business Development/Communications 416-572-2478

Canadian Trading and Quotation System Inc. [email protected]