ASC Seeking Trading Ban Against Goldpoint Resources Corporation and Lino Novielli



    CALGARY, Sept. 18 /CNW/ - The Alberta Securities Commission (ASC) is
seeking to reciprocate Saskatchewan, Ontario and New Brunswick orders against
Goldpoint Resources Corporation and its president and sole director Lino
Novielli.
    Goldpoint and Novielli are the subject of orders issued June 11, 2006 by
the Saskatchewan Financial Services Commission, July 18, 2006 by the Ontario
Securities Commission and June 19, 2008 by the New Brunswick Securities
Commission. The Saskatchewan, New Brunswick and Ontario orders all ban
Goldpoint and Novielli from all trading in securities and the use of
securities law exemptions.
    It is anticipated that an ASC panel will consider this matter in October
2008.
    A copy of the Notice of Application outlining the allegations in their
entirety 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: Mark Dickey, Senior
Communications Advisor, (403) 297-4481; For Investor Inquiries: ASC Public
Inquiries, Toll Free 1-877-355-4488


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