ASC Seeks Trading Ban Against B.C. Resident Henry Jung



    CALGARY, June 5 /CNW/ - The Alberta Securities Commission (ASC) is
seeking to reciprocate an order similar to one imposed by the British Columbia
Securities Commission (BCSC) against British Columbia chartered accountant
Henry Jung.
    The January 19, 2009 BCSC order prohibits Jung from: trading securities;
acting or becoming a director, officer, registrant or promoter; engaging in a
management or consultative capacity in connection with activities in the
securities market; and engaging in investor relations for 15 years. A BCSC
panel found that Jung had illegally traded in and distributed Bright Star
Ventures Ltd. securities to investors in seven Canadian provinces.
    ASC staff allege that Jung illegally distributed securities to Alberta
investors.
    It is anticipated that an ASC panel will consider this matter in
September 2009.
    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: Mark Dickey, Senior
Communications Advisor, (403) 297-4481; For Investor Inquiries: ASC Public
Inquiries, Toll Free 1-877-355-4488


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