New Cantech Ventures Inc.

New Cantech Ventures Inc.

March 12, 2008 15:28 ET

New Cantech Appoints Kerr for Investor Relations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 12, 2008) - New Cantech Ventures Inc. (TSX VENTURE:NCV)(FRANKFURT:C7X) is pleased to announce the appointment of Mr. Doug Kerr of Kerr Consulting to support the Company's investor relation activities.

Mr. Kerr will initiate and maintain contact with the financial community, shareholders and investors. In addition, he will assist New Cantech's management in strategizing, formulating and implementing its communications programs. Mr. Kerr has extensive experience in investor relations and corporate communications services and has represented several successful publicly trading companies in the last twenty years.

As part of this three month Engagement Agreement, extendible by mutual agreement, Mr. Kerr is to be paid a fee of $5,000 per month. The agreement announced today is made subject to the approval of the TSX Venture Exchange.

About New Cantech

New Cantech is a TSX Venture listed mineral exploration and development company focusing on the development of its Lucky Ship Molybdenum Property in west central British Columbia and the advancement of its other mineral exploration properties, all of which are located within Canada.

On Behalf of the Board

James D. Jacuta, Chairman, President & CEO

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