VSE Withdraws Electronic News Dissemination Policy

The Vancouver Stock Exchange ("VSE") advised the British Columbia Securities Commission today that the VSE’s proposed electronic news dissemination policy, currently subject to a "stay," has been withdrawn.

The proposed electronic news dissemination policy was founded in the VSE’s determination to expand investor interest and participation in the market, while improving investor protection. During the course of the stay, the VSE consulted a wide range of market participants in an effort to develop a resolution. Given their concerns, the VSE concluded that the appropriate course of action was to withdraw the policy. Therefore, listed companies will continue with the status quo and follow the VSE’s existing disclosure policy, entitled Policy 7: Timely Disclosure.

The VSE thanks Canada NewsWire – the service provider identified in the proposed policy to disseminate VSE listed company news releases – for its ongoing cooperation, support and in meeting all obligations throughout the policy deliberations.

The VSE remains firm in its resolve to operate an honest, fair and efficient market for venture capital, in which investors are appropriately protected and listed companies can access the necessary capital to build their ventures.

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 To review the current policy, please visit the VSE’s web site at www.vse.ca and select the "Policy 7: Timely Disclosure" link on the "In the News" section of the home page.

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