Coastport Capital Inc.

Coastport Capital Inc.

March 26, 2007 18:51 ET

Coastport Capital Inc.: Investor Relations Agreement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 26, 2007) - David Patterson, President of Coastport Capital Inc. (TSX VENTURE:CPP)(FRANKFURT:C1J), announces that the Company has engaged Downshire Capital Inc. ("Downshire") of Montreal, Quebec, to provide investor relations services to the Company.

The Company has agreed to pay Downshire $7,500 per month, for an initial term of 6 months. The agreement is subject to the approval of the TSX Venture Exchange.

The principal of Downshire is Dave Herbert.

The Company has granted 400,000 incentive stock options to Downshire exercisable at a price of $0.57 per common share for a period of two years.

In addition, the Company reports that current directors Glen McKay and Mike Basha have resigned from the Company's Board of Directors. Mssrs. McKay and Basha will continue to provide consulting services to the Company. A total of 200,000 stock options have been granted to McKay and Basha exercisable at a price of $0.57 per common share for a period of two years.

On Behalf of the Board,

David Patterson, President, Coastport Capital Inc.

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

Contact Information