Ranchgate Enterprises Inc. - Real Estate Brokerage Licence Suspended and Stephen Archibald - Real Estate Broker Licence Suspended

Calgary, Alberta – On September 9, 2008, pursuant to s.38(g) and s.38(h) of the Real Estate Act Rules, the Real Estate Council of Alberta suspended the licenses of Ranchgate Enterprises Inc. o/a Ranchgate Realty (Brokerage), and Stephen Archibald, Broker, registered to Ranchgate Enterprises Inc. o/a Ranchgate Realty.

As a result of this suspension, neither Ranchgate Enterprises Inc. o/a Ranchgate Realty nor Stephen Archibald, Broker, registered as Broker to Ranchgate Enterprises Inc. o/a Ranchgate Realty may trade in real estate in Alberta.

If you have questions, please contact Joseph Fernandez, Director of Audit and Investigations, Real Estate Council of Alberta at 1-403- 228 - 2954 or 1-888 - 425-2754.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for regulating real estate, mortgage broker, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry member.

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