BADEN TECHNOLOGIES INC.
TSX VENTURE : BDZ

BADEN TECHNOLOGIES INC.

December 21, 2007 18:49 ET

Baden Announces Early Warning Report

CALGARY, ALBERTA--(Marketwire - Dec. 21, 2007) - Baden Technologies Inc. ("Baden") (TSX VENTURE:BDZ) announces that Mr. Dennis L. Nerland, of Calgary, Alberta, has acquired ownership and control of 1,450,000 common shares of Baden pursuant to the exercise of Common Share Purchase Warrants issued by Baden to the shareholder on January 10, 2006. With his previous holdings of 1,429,000 common shares of Baden, Mr. Nerland now holds 2,879,000 common shares of Baden which is equal to 13.83% of Baden's issued and outstanding common shares. The common shares of Baden were acquired for investment purposes only and additional common shares may be purchased on the open market.

Baden Technologies Inc. is based in Calgary, Alberta and trades on the TSX Venture Exchange under the trading symbol "BDZ".

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

Contact Information

  • Baden Technologies Inc.
    Ian Ball
    Chief Financial Officer
    (403) 571-4230
    (403) 230-3106 (FAX)