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*North Peace Energy Corp. 
Listed Company 

NORTH PEACE ENERGY CORP. ("NPE")
[formerly Juno Capital Corp. ("JNO.H")]
BULLETIN TYPE: CPC-Information Circular, Qualifying Transaction-Completed, Name Change and Consolidation, Resume Trading, Graduation from NEX to TSX Venture
BULLETIN DATE: February 20, 2007
NEX Company

TSX Venture Exchange has accepted for filing the Company's CPC Information Circular dated November 29, 2006, for the purpose of mailing to shareholders and filing on SEDAR.

TSX Venture Exchange has accepted for filing the Company's Qualifying Transaction described in its Information Circular dated November 29, 2007. As a result, at the opening on February 21, 2007, the Company will no longer be considered a Capital Pool Company. The Qualifying Transaction includes the following:

Qualifying Transaction-Completed

Pursuant to a non arm's length Acquisition Agreement dated September 18, 2006 and as amended on October 27, 2006 the Company has acquired all of the issued and outstanding shares of North Peace Energy Inc. ("North Peace"). On February 6, 2007 the Company and North Peace amalgamated and continued as North Peace Energy Corp. The shareholders of the Company received one pre-consolidated share of the amalgamated company for each share of the Company held. The shareholders of North Peace received ten pre-consolidated shares of the amalgamated company for each share of North Peace held. The shareholders of North Peace were issued 81,777,000 pre-consolidated shares of the amalgamated company at a deemed price of $0.20 per pre-consolidated share for a total deemed consideration of $16,355,400.
13,635,000 of the pre-consolidated shares of the amalgamated company issued to the former shareholders of North Peace will be subject to a TSX Venture Exchange Tier 2 Value Security escrow agreement.

The Exchange has been advised that the above transactions, approved by Shareholders on January 24, 2007, have been completed.

Insider / Pro Group Participation:
# of
Insider=Y / Pre-Consolidated
Name ProGroup=P Shares

Louis Dufrense Y 3,750,000
Bill Maslechko Y 2,025,000
Ian Robertson Y 1,750,000
Don Garner Y 2,500,000
Jacob Roorda Y 3,560,000
Elaine MacDonald Y 50,000

In addition, the Exchange has accepted for filing the following:

Name Change and Consolidation, Resume Trading

Pursuant to a resolution passed by shareholders on January 24, 2007, the Company has consolidated its capital on a five old for one new basis. The name of the Company has also been changed as follows.

Effective at the opening February 21, 2007, the common shares of North Peace Energy Corp. will resume trading on TSX Venture Exchange, and the common shares of Juno Capital Corp. will be delisted.

Post - Consolidation
Capitalization: Unlimited shares with no par value of which
16,860,400 shares are issued and outstanding
Escrow: 2,932,000 shares

Transfer Agent: CIBC Mellon Trust Company
Trading Symbol: NPE (new)
CUSIP Number: 661443 11 9 (new)

Graduation from NEX to TSX Venture

The Company has met the requirements to be listed as a TSX Venture Tier 2 Company. Therefore, effective on February 21, 2007, the Company's listing will transfer from NEX to TSX Venture, the Company's Tier classification will change from NEX to Tier 2 and the Filing and Service Office will change from NEX to Calgary.

The Company is classified as an "oil and gas exploration, development and production" company.

Company Contact: Louis Dufresne
Company Address: 470,505 - 3rd Street S.W.
Calgary, Alberta, T2P 3E6
Company Phone Number: (403) 262 - 6024
Company Fax Number: (403) 262 - 6072
Company Email Address: info @northpec.com

TSX-X
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