2006-1102 - Aspire Capital Warrant Extension (CALS.W.A/B)

November 9, 2006

The Class A and B purchase warrants issued in conjunction with a Private Placement of Aspire Capital were listed on September 19, 2006. The Company has been granted an exemption to extend the term of each class of warrants.

The Class A warrants have an exercise price of $0.15 and were to expire on November 18, 2006. Pursuant to the exemption, the Class A Warrants will expire on February 19,2007.

The Class B warrants have an exercise price of $0.25 and were to expire on May 18, 2007.
Pursuant to the exemption, the Class B Warrants will expire on August 20, 2007.

There are 12,000,000 warrants in each class and each warrant is exercisable into one common share. Both classes of warrants contain standard anti-dilution provisions.
Listing and disclosure documents for Aspire are available in the CNQ Issuer Disclosure Hall

Original Listing Date: Tuesday, September 19, 2006
Symbol Class A: CALS.W.A
CUSIP: 04537P 11 6
Symbol Class B: CALS.W.B
CUSIP: 04537P 12 4

Applications are being accepted for Market Makers for "CALS.W.A" and "CALS.W.B". If you have any questions or require further information please contact Radhika Joseph at (416) 572-2000 X 2435 or E-mail: [email protected]