The Caisse de dépôt et placement du Québec acquires common shares of Iteration Energy Ltd.



    MONTREAL, May 6 /CNW Telbec/ - The Caisse de dépôt et placement du Québec
(the "Caisse") announces that it has acquired, via a bought deal by way of a
short form prospectus, 12,000,000 common shares of Iteration Energy Ltd. (TSX:
ITX) ("Iteration Energy") (or 5.69% of such shares outstanding) at a price of
$1.28 per share.
    Before the acquisition of the common shares, the Caisse held 20,861,552
common shares of Iteration Energy or 12.57% of all of the issued shares of
that class. Following this transaction, the number of common shares of
Iteration Energy held by the Caisse is 32,861,552 or 15.57% of such shares
outstanding.
    This transaction was made for investment purposes and the Caisse could
increase or decrease its investments in Iteration Energy, depending on market
conditions or any other relevant factor.




For further information:

For further information: Maxime Chagnon, Caisse de dépôt et placement du
Québec, (514) 847-5493


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