Aeroquest International Limited
TSX VENTURE : AQL

Aeroquest International Limited

October 16, 2006 15:40 ET

Aeroquest International Limited Announces the Addition of a New Member to Its Board of Directors

MILTON, ONTARIO--(CCNMatthews - Oct. 16, 2006) - Aeroquest International Limited ("Aeroquest")(TSX VENTURE:AQL) is also pleased to announce the appointment of Mr. Keith Morrison to its board of directors. Mr. Morrison is a seasoned executive with many years of experience in geophysical surveys, being one of the founders of Quantec Geoscience, and in mineral exploration through his current role as CEO of Vismand Exploration Inc.

"I am very pleased to have the opportunity to announce the addition of Mr. Morrison to our board of directors," said Roy Graydon, CEO of Aeroquest: "Our ongoing objective is to maintain a board of diverse backgrounds and specific expertise, and Mr. Morrison's long experience as the head of a geophysical survey company and his ongoing work in mineral exploration is directly relevant to our company today and its ongoing development."

In addition, Aeroquest International Limited has agreed to grant a total of 60,000 incentive stock options exercisable at a price of $0.75 per share for a period of 5 years to four (4) independent directors of the company.

Finally, further to the Corporation's press release dated September 29, 2006 announcing its normal course issuer bid, please note that the termination date of the bid has been changed from October 8th to October 10th, 2007.

For Investors

This news release may include statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what the company currently foresees. Discussion of the various factors that may affect future results is contained in the company's recent filings with the Ontario Securities Commission and SEDAR.

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

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