Mr. Paul Jones reports

NUINSCO COMMENTS ON REMEDIAL DELISTING REVIEW INITIATED BY THE TORONTO STOCK EXCHANGE

Nuinsco Resources Ltd. has received a letter advising the company that the Toronto Stock Exchange is reviewing the eligibility for continued listing on the TSX of the securities of the company. The TSX initiated its delisting review because the price and market value of the publicly held common shares of Nuinsco fell below levels required under TSX rules. Under the TSX's remedial review process, the company has been granted 120 days to comply with all requirements for continued listing.

It is the intent of the company to maintain a public listing for the company's shares. In addition to working with the TSX during this period, management will evaluate alternative listing options. There can be no assurance that either the company will be able to achieve compliance with the TSX's listing requirements within the required time frame or will secure an alternative listing.

We seek Safe Harbor.