MPAC Industries Corporation
TSX VENTURE : MPN

MPAC Industries Corporation

November 30, 2006 18:50 ET

MPAC Industries Closes $75,000 Private Placement Offering

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 30, 2006) - MPAC Industries Corporation (the "Company") (TSX VENTURE:MPN) announces that, further to its News Release of November 23, 2006, the Company has closed its Non-Brokered Private Placement comprising of 750,000 units with six (6) Placees at a price of $0.10 per unit.

Each unit (a "Unit") is comprised of one (1) common share and one (1) non-transferable share purchase warrant. Each warrant entitles the holder thereof to purchase one additional common share of the Company at a purchase price of $0.13 (thirteen cents) for one year, or within ten (10) days notice if expedited by the Company.

The shares are subject to a hold period of four months for all placees expiring as of March 30, 2007.

BY THE ORDER OF THE BOARD

Firoz Lakhani, President & CEO

The TSX Venture Exchange neither approved nor disapproved the contents of this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.


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