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May 20,  2005

S. Tam Appointed as Director; Options

Mr. David Rankin reports

PROPERTY AGREEMENT

E-Energy Ventures Inc. has appointed Simon Tam to the board of directors of the company. Mr. Tam is currently a director of Consolidated Global Diamond Corp., a company engaged in mineral exploration and listed on the TSX Venture Exchange.

The company also announces the granting of 1.2 million incentive stock options having an exercise price of 14 cents per share. These options will have an exercise term of five years. The company has cancelled its previously announced incentive stock option plan to grant one million stock options having an exercise price of 12.5 cents per share.


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