Northern Canadian Minerals Inc.
OTC Bulletin Board : NCADF

Northern Canadian Minerals Inc.

April 07, 2006 04:00 ET

Northern Canadian Announces European Investor Relations Firm

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 7, 2006) - Northern Canadian Minerals Inc. (TSX VENTURE:NCA)(OTCBB:NCADF)(FWB:N4I) ("Northern Canadian" or the "Company") is pleased to announce that it has entered into an investor relations agreement with Small Cap Invest Ltd. ("SCI"). SCI is a European public relations firm for small and medium-sized public companies with Alexander Friedrich as President and Chief Executive Officer. SCI will provide investor relations advisory services to the Company, including, but not limited to, translating the Company's corporate information, and establishing a profile of the Company with French and German-speaking financial and institutional investors.

In consideration for its services, the Company will pay a fee of 5,000 euros per month plus expenses. SCI will receive 300,000 stock options exercisable at $0.50 per share for a two-year period. This agreement becomes effective April 10, 2006, for an initial three-month term and is subject to a 15-day termination clause by either party.

The agreement is subject to the approval of the TSX Venture Exchange and the granting of these options is subject to both regulatory approval and to shareholder approval at the Company's next Annual General Meeting scheduled for Tuesday, May 30, 2006.

Northern Canadian Minerals Inc. (NCA)

Northern Canadian Minerals is a Canadian public company focused on the acquisition, exploration and development of uranium properties world wide. The Company's exploration programs are headed by Keith Laskowski (Vice President-Exploration), a geologist with over 28 years of exploration experience. Keith Laskowski is the Company's Qualified Person on its exploration projects. Northern Canadian is also exploring its flagship property, the CBE Project, located 8 km along trend from the Eagle Point uranium mine on the eastern margin of the Athabasca Basin in Saskatchewan. The Company has the following uranium properties in its portfolio: two located on the north side of the Athabasca Basin, three in southwest Nevada, three in Wyoming and one in South Dakota. The Company is also evaluating additional property acquisition opportunities in North America and overseas.


Praveen K. Varshney, President

Contact Information