SOURCE: McKenzie Bay

June 29, 2005 13:23 ET

McKenzie Bay Announces Strategic Alternatives Explored for Vanadium/Titanium Deposit

FARMINGTON HILLS, MI -- (MARKET WIRE) -- June 29, 2005 -- McKenzie Bay International Ltd. (OTC BB: MKBY) has engaged the New York, NY based Investment Banking firm of Brooks, Houghton & Company, Inc. to explore strategic options for Lac Doré Mining, Inc. which owns the Lac Doré Vanadium/Titanium deposit. Among the alternatives to be reviewed are the sale of the company, the deposit and proprietary refining technologies developed during Lac Doré's feasibility study.

The development and pending commercialization of WindStor®, a wind energy system featuring WindStor® Wind Turbines and a proprietary system integrator, will require all the managerial and financial resources of McKenzie Bay. WindStor® is designed to integrate distributed generation wind power installed on or near a building with grid power. WindStor® is owned by WindStor Power Co., a wholly owned subsidiary of McKenzie Bay.

Lac Doré Mining, Inc., a wholly owned subsidiary of McKenzie Bay International, Ltd., holds 443 contiguous mining claims for the Lac Doré Vanadium/Titanium deposit. The deposit is located in the Rinfret and Lemoine Townships approximately 43 miles from Chibougamau, Quebec, Canada.

For further information about this release contact Investor Relations - Richard Kaiser - 800-631-8127 (001-757-306-6090) or email info@mckenziebay.com , www.mckenziebay.com

This information statement contains statements that are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 'estimates,' 'anticipates,' 'plans,' 'believes,' 'projects,' 'expects,' 'intends,' 'predicts,' 'future,' 'may,' 'potential,' 'contemplates,' 'will,' 'should,' 'could,' 'would' or the negative of such terms or other comparable terminology. These statements relate to the Company's future operations and financial performance or other future events. These statements are only predictions and not guarantees of future success. Many of the forward-looking statements are based on assumptions about future events that may prove inaccurate. Actual events, results, performance or achievements may differ materially from the events, results, performance or achievements discussed in the forward-looking statements. McKenzie Bay undertakes no obligation to revise, update or clarify forward-looking statements to reflect events or conditions after the date of this information statement.

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