ASC accepts undertaking from Treadz Auto Group Inc.

CALGARY, Feb. 16, 2012 /CNW/ - The Executive Director of the Alberta Securities Commission (ASC) has accepted an undertaking from Treadz Auto Group Inc. in regards to a solicitation of securities made in breach of Alberta securities laws.

Treadz Auto Group has undertaken not to distribute any securities, and not to engage in any solicitation of securities to the public, whether via its website or otherwise, until it is released from its undertaking.

A copy of the Undertaking 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.

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Lorinda Brinton
Senior Communications Advisor
403.297.2665

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