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To: LANCE B who wrote (115303)5/29/2003 2:32:38 PM
From: StockDung  Respond to of 150070
 
"it has signed strategic alliances with Chinese Investment Club Inc. and Stockbastard.com to be the preferred provider of online trading for those organizations."

FOR IMMEDIATE RELEASE

NORTHERN FINANCIAL CORPORATION
(TSE: NFC)

23 NOVEMBER, 2000
TORONTO, ONTARIO

NORTHERN FINANCIAL CORPORATION ANNOUNCES
FURTHER STRATEGIC ALLIANCES

TORONTO, ONTARIO (November 23, 2000) - Northern Financial Corporation ("Northern Financial" or the "Company") announced today that it has signed strategic alliances with Chinese Investment Club Inc. and Stockbastard.com to be the preferred provider of online trading for those organizations. Through its division, eNorthern, Northern Financial offers an online brokerage service at www.enorthern.com. These alliances continue the Company's corporate strategy of deepening the eNorthern online client base through strategic alliances.

eNorthern is an online brokerage and financial information portal, which offers Canadian investors a platform for trading North American stocks, options and mutual funds. The eNorthern website provides extensive market information as well as research and analysis tools from such leading information providers as Morningstar, Financial Web, SmallCap Centre, Briefing.com and The Street.com.

"Our key strategic priority is to build our client base for online trading and online public offerings," stated Vic Alboini, President and CEO of Northern Financial. "These alliances enable us to continue delivering on our plan, as outlined to our shareholders, to build our business through alliances with strategic partners."

Under terms of the agreement with Chinese Investment Club Inc., eNorthern will provide the company's two websites, naChinese.com and naFinance.com (formerly known as Chineseinvestmentclub.com), with access to market information, online trading and information on public offerings via links to the eNorthern site. Chinese Investment Club Inc. is an independent organization that provides market data and business information to members of the Chinese community since 1993. Their members are active investors with a strong interest in small cap companies with great potential for growth.

Stockbastard.com, is a personal finance website, launched in July 1999, which deals directly with Canadian related stocks - and is entirely free. Visitors to the website are avid investors who are in their primary wealth accumulation years. They are interested in learning how to invest and use the Stockbastard reviews to assist them in their financial research and investment decision-making.

Northern Financial Corporation and its subsidiary, Northern Securities, is Canada's Internet Investment Bank which raises capital online for small market capitalization companies and provides online trading services at its website www.enorthern.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Vic Alboini
President and CEO
Northern Financial Corporation
Telephone: (416) 644-8110
Fax: (416) 644-0271
Email: vic@northernsi.com

Jeff Langdon
Vice President, Finance
Northern Financial Corporation
Telephone: (416) 644-8170
Fax: (416) 644-0270
Email: jlangdon@northernsi.com