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Sherbourne Common

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Going Public and Raising Capital in Canada

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			January 5, 2007 On December 22, 2006 the Ontario Securities Commission approved CNQ's proposed repeal of Rule 10 - Sales Practices.  The repeal is effective immediately. On August 21, 2006 the Investment Dealers Association published Member Regulation Notice <a href="http://thecse.com">MR0418 - Improper Sales Practices</a>.  The IDA Notice was issued as a reminder to IDA Members that such practices, in any market, are contrary to IDA By-law 29.1 in general, and to other specific provisions of the By-laws and Regulations, specifically suitability provisions. The proposed repeal was published for comment on August 28, 2006 in <a href="http://thecse.com">CNQ Notice 2006-004.</a>   No formal comments were received. Please direct any questions to: Mark Faulkner, Director, Listings &amp; Regulation at 416.572.2000 x2305, or <a href="mailto:Mark.Faulkner@cnq.ca" rel="nofollow">mark.faulkner@cnq.ca</a>  
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Notice 2007-001 - Repeal of Rule 10 - Sales Practices