HTC Hydrogen Technologies Corp.
TSX VENTURE : HTC

HTC Hydrogen Technologies Corp.

April 10, 2006 16:56 ET

HTC Hydrogen Technologies Corp. 'dba 'HTC Purenergy' ' Announces Closing of Private Placement

REGINA, SASKATCHEWAN--(CCNMatthews - April 10, 2006) - HTC Purenergy (TSX VENTURE:HTC)announces that it has completed the previously announced private placement, issuing 151,430 units ("Units"), each Unit consisting of one common share ("Common Share") and one common share purchase warrant ("Warrant") at a price of $4.10 CAN ($3.50 USD) for the gross proceeds of $620,863 CAN ($530,000 USD). Each Warrant will entitle the holder to acquire one Common Share at a price of $5.00 USD per share until July 1, 2007. The securities issued are subject to a hold period under applicable securities law until August 10, 2006.

Proceeds from this United States based investor financing will be applied to business development and commercialization of HTC Purenergy's CO2 capture solutions.

HTC Purenergy corporate developments can be followed on www.htcenergy.com and is traded under the symbol HTC

Contact Information