Canadian Investor Relations Institute

Canadian Investor Relations Institute

February 28, 2008 16:10 ET

CIRI Applauds Creation of Panel to Develop Model Common Securities Act

MISSISSAUGA, ONTARIO--(Marketwire - Feb. 28, 2008) - The Canadian Investor Relations Institute (CIRI) responded today to Finance Minister Jim Flaherty's announcement regarding a model common securities act, and the creation of a panel of experts to study the issue, to be chaired by The Hon. Tom Hockin.

"We applaud the establishment of a panel to develop a model common
securities act. The Minister's effort to create a Canadian advantage in
global capital markets can only help Canadian issuers", said CIRI's President & CEO Ian Bacque.

"CIRI looks forward to participating in constructive dialogue on this important issue", Bacque added.

About CIRI:

The Canadian Investor Relations Institute is a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community. CIRI is known for its publication "Standards & Guidance for Disclosure and Model Disclosure Policy", and is dedicated to advancing the stature and credibility of the investor relations profession and the competency of its members. CIRI has over 800 members across Canada, and Chapters in four provinces (QU, ON, AB, and BC). More information is available at www.ciri.org.

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