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New Cantech Ventures Inc. (TSX.V:NCV. FSE:C7X) (the "Company") has entered into an investor relations agreement with George Jay. The terms of the investor relations agreement include the monthly payment of $3,000.00 per month and the grant of options to purchase 100,000 shares of the Company at the price of $0.30 per share for a period of five years. The options vest over 12 months in accordance with the policies of the TSX Venture Exchange.

The investor relations agreement and the grant of stock options are subject to the approval of the Exchange.

For more information please contact Dalton B. DuPasquier, President of New Cantech Ventures Inc., at (604) 541-7288 or visit the Company's website at www.newcantech.com/s/Home.asp.

Dalton DuPasquier
President
NEW CANTECH VENTURES INC.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein.