Foundation Securities Corporation

March 15, 2011 16:25 ET

Foundation Securities Corporation (FSC) Approved as an Exempt Market Dealer (EMD)

CALGARY, ALBERTA--(Marketwire - March 15, 2011) - The HARVEST Group of Companies announced today that its affiliate company, Foundation Securities Corporation (FSC), has been approved by the Alberta Securities Commission as an Exempt Market Dealer (EMD), effective March 7, 2011.

"This Exempt Market Dealer approval for Foundation Securities Corporation is welcome news to the 14,000+ investors we currently represent," said Frank Lonardelli, Harvest's CEO. "This approval now allows Foundation Securities Corporation to offer investment products to residents of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Prince Edward Island and the Yukon Territory, under the new regulatory regime introduced in 2010 as National Instrument 31-103."

"Foundation Securities Corporation and its registered individuals, who work for FSC, may now conduct corporate finance and investments operations in the exempt securities marketplace, marrying capital and opportunity," said Roy Beyer, FSC's President and CEO. With this approval, Foundation Securities Corporation is now one of the largest Exempt Market Dealers in Western Canada.

For over 17 years The HARVEST Group of Companies has been focused on identifying, structuring and distributing investment products that include: land banking, real estate development and oil and gas development exploration. This EMD approval for FSC will give investors the security and protection of trained agents and registered dealers focused on suitability and compliance.

NOTE TO EDITORS: For additional information please call HARVEST's Media Helpline at 403-612-6413

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