TSX Venture Exchange

TSX Venture Exchange

January 07, 2005 16:40 ET

TSX Venture Exchange: Remain Halted, Pharoah Capital Inc.


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TSX VENTURE EXCHANGE - HALTS AND RESUMPTIONS

JANUARY 7, 2005 - 16:40 ET

TSX Venture Exchange: Remain Halted, Pharoah Capital
Inc.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 7, 2005) -



PHARAOH CAPITAL INC. ("PHC.P")
BULLETIN TYPE: Remain Halted
BULLETIN DATE: January 7, 2005
TSX Venture Tier 2 Company


Further to TSX Venture Exchange Bulletin dated December 21, 2004,
effective at the opening, PST, January 7, 2005 trading in the shares of
the Company will remain halted pending receipt and review of acceptable
documentation regarding the Qualifying Transaction pursuant to Listings
Policy 2.4.

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