ONA Energy Inc.
FRANKFURT : O3X
CNQ : OEE

ONA Energy Inc.

November 28, 2008 12:27 ET

ONA Energy Hires Paradox IR

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 28, 2008) - ONA Energy Inc. (CNSX:OEE)(FRANKFURT:O3X) is pleased to announce that it has retained Paradox IR of Montreal to provide investor relations services to the company. ONA will pay Paradox a monthly fee of $8,000 and issue 150,000 incentive stock options to Paradox. The options will be granted pursuant to the company's stock option plan. The options will have an exercise price of $0.80 cents per share for a period of one year, and will vest in equal amounts, on a semi-annual basis, over 18 months. Paradox will provide the services for an initial term of 12 months.

ONA Energy Inc. (www.onaenergy.com) is a Canadian-based international energy company focused on the acquisition and development of power generation projects.

Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation's control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements.

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