CSE NewsApr 13, 2005

Union Securities Joins CNQ

Canada’s New Stock Exchange Approves Union Securities Ltd. as a CNQ Dealer

TORONTO, April 12 /CNW/ – CNQ announced today that Union Securities Ltd. is joining the exchange as a participating dealer. Union Securities has a long standing history of service to its clients in all markets in Canada and is active in the financing of emerging companies in all major sectors.

Union Securities Ltd. is a full service investment dealer with offices in Vancouver, Toronto, Montreal, Halifax, Moncton, Fredericton, Thunder Bay, Oakville, Timmins, Kitchener, Brampton, Winnipeg, Regina, Saskatoon, Calgary, Edmonton, and Kelowna. Union Securities Ltd.’s head office is located at Suite 900-700 West Georgia Street, Vancouver, British Columbia.

Additional information about Union Securities Ltd. can be found at www.union-securities.com or by telephone 604-687-2201.

CNQ’s participating dealers now include: BMO Nesbitt Burns Inc., Byron

Securities Ltd., Canaccord Capital Corporation, First Associates Investments Inc., Global Securities Corporation, Haywood Securities Inc., e3m Investments Inc., Jones, Gable & Company Ltd., Leede Financial Markets Inc., Northern Securities Inc., Octagon Capital Corporation, Pacific International Securities Inc., Research Capital Corporation, Scotia Capital Inc., TD Securities Inc. Union Securities Ltd., Wolverton Securities Ltd., and W.D. Latimer Co. Limited.

Additional Investment Dealers Association of Canada members participate through correspondent arrangements.

CNQ commenced operations in July 2003 and became recognized by the Ontario Securities Commission as a full-fledged stock exchange in May 2004. CNQ’s innovative market model is designed to address the needs of emerging companies and their investors by providing a transparent, electronic trading system with full protection of client priority. CNQ’s market fosters liquidity through the unique combination of an auction market with a central limit order book and a competitive market making system. There are 44 companies listed, 18 investment dealers from across Canada with direct access to the market and 19 other dealers participating indirectly. To find out more about CNQ and its listings please visit www.cnq.ca.

For further information: Natasha Blackburn, Manager, Market Development,

(604) 331-1213 x119