ASC Alleges Illegal Distribution of Securities of Carling Development Inc., Carling Development (B.C.) Inc., and Rundle Development Cooperative by Integra Investment Services Ltd. and Others



    CALGARY, March 8 /CNW/ - The Alberta Securities Commission (ASC) has
issued a formal notice of hearing into allegations against Integra Investment
Services Ltd. (Integra) and its principals, Roy Jennix and Maxine Cooke. The
allegations state that Integra, Jennix and Cooke, engaged in the illegal
distribution of securities of Carling Development Inc., (Carling) Carling
Development (B.C.) Inc. (Carling B.C.) and Rundle Development Cooperative
(Rundle) to Alberta residents.
    In the Notice of Hearing, ASC Staff also allege that Wai-leung (Danny)
Cheng and Lisa Wong, the principals of Carling and Carling B.C., as well as
John Anderson, principal of 965081 Alberta Ltd. and Mel Maschmeyer, principal
of Venture West Properties Ltd. were involved in the illegal distribution of
securities.
    An appearance to determine a date for the hearing is March 26 at 9 am in
the hearing room at the ASC's office in Calgary. A copy of the Notice of
Hearing is available on the ASC website at www.albertasecurities.com.

    The ASC is the regulatory agency responsible for administering the
province's securities laws. It is entrusted to foster a fair and efficient
capital market in Alberta and to protect investors. As a member of the
Canadian Securities Administrators, the ASC works to improve, coordinate and
harmonize the regulation of Canada's capital markets.




For further information:

For further information: For Media Inquiries: Tamera Van Brunt,
Director, Communications and Investor Education, (403) 297-2664; For Investor
Inquiries: ASC Public Inquiries, (403) 297-4296, Toll Free 1-877-355-0585


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