HTC Hydrogen Technologies Corp.
TSX VENTURE : HTC

HTC Hydrogen Technologies Corp.

April 05, 2006 16:00 ET

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

REGINA, SASKATCHEWAN--(CCNMatthews - April 5, 2006) - HTC Purenergy (TSX VENTURE:HTC) announced today that upon TSX Venture Exchange approval, it intends to complete a private placement of up to 151,430 units ("Units") at a price of $4.10 CAD ($3.50 USD) per Unit, for the gross proceeds of $620,863 CAN ($530,000 USD). Each Unit will consist of one common share ("Common Share") and one common share purchase warrant ("Warrant"), with each Warrant entitling the holder to purchase one additional Common Share at a price of $5.00 USD per share. The Warrants will expire on July 1, 2007.

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

The TSX Venture Exchange Inc. does not take any responsibility for the adequacy or accuracy of the information contained in this news release.

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