Ranaz Corporation
TSX VENTURE : RNZ

Ranaz Corporation

January 25, 2007 15:25 ET

Ranaz Corporation Closes a $510,000 Private Placement

MONTREAL, QUEBEC--(CCNMatthews - Jan. 25, 2007) - THIS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Ranaz Corporation ("Ranaz") (TSX VENTURE:RNZ), a company specialized in manufacturing and marketing protein and dietary supplements related to weight loss or obesity treatments, announced today that it closed a private placement of 850,000 units, with three accredited investors, at a price of $0.60 per unit, for gross proceeds of $510,000. Each unit consists of one common share (a "Common Share") of Ranaz and one-half of one share purchase warrant. Each whole share purchase warrant entitles the holder upon payment of an exercise price of $0.70 in cash, to purchase one Common Share at any time up to 5:00 p.m. (Montreal time) on January 26, 2009.

A consultant fee of $31,000 has been paid in connection with the private placement.

The Common Shares and Common Share purchase warrants are subject to a four-month hold period, ending on May 26, 2007, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

This press release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such province, state or jurisdiction.

About Ranaz Corporation

Ranaz is a company specialized in manufacturing and marketing protein and dietary supplements in relation to weight loss or obesity treatments. Its mission is to design, develop and market nutritional, protein and dietary supplements under private brands, as well as under its own corporate brands, such as "Protidiet" and "Protilife". Through its subsidiaries, Ranaz produces high-quality dietary and protein supplements. All of Ranaz's products have common features, including flavours and tastes that meet market demands, a format tailored to the market, and quick and easy preparation, as well as scientific design and rigorous manufacturing standards.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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