Court Orders Extension Of Freeze Direction in the Matter of John Cameron Fraleigh

Court Orders Extension Of Freeze Direction in the Matter of John Cameron Fraleigh

TORONTO – Today, on consent of John Cameron Fraleigh, the Ontario Superior Court of Justice made an order that the Direction of the Ontario Securities Commission (OSC) dated November 8, 2005 to Dundee Securities Corporation is continued until March 31, 2006 to the extent that Dundee Securities Corporation shall retain all securities in account no. 1625557 of Royal Roads Corp., Central Alberta Well Services and Mart Resources and shall retain cash in the amount of $18,747.00.

The total value of securities and cash retained pursuant to the Order is $933,000 at today’s date. This total reflects three times the net profit from trading in securities of Placer Dome Inc. by Mr. Fraleigh or Boutraille Corporation in accounts at BMO Investorline and Dundee Securities. The OSC did not seek an extension of its freeze orders against accounts at BMO Investorline.

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