E-Energy Ventures Inc.
TSX VENTURE : EEV
FRANKFURT : D8F

E-Energy Ventures Inc.

January 27, 2010 14:03 ET

E-Energy Ventures Inc.: News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 27, 2010) - The Board of Directors of E-Energy Ventures Inc. (TSX VENTURE:EEV)(FRANKFURT:D8F) (the "Company") wishes to announce that it has commenced a due diligence assessment of a potential acquisition of an interest in the business of a renewable energy company involved in the production of biofuels. The Company confirms that there is no agreement for such acquisition but anticipates that if the due diligence assessment results are satisfactory the Company will pursue and negotiate a purchase and sale agreement at that time.

On behalf of the Board of Directors

E-Energy Ventures Inc.

Simon Tam, Director

THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR IMPLIED HEREIN.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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