	Quotes (delayed):
	TSX-V: Frankfurt:	EEV D8F	0.035 0.00 0.073 0.00

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News

News Releases

June 2, 2006

E-Energy Ventures 12-million-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 17, 2006.

Number of shares: 12 million shares

Purchase price: seven cents per share

Warrants: 12 million share purchase warrants to purchase 12 million shares

Warrant exercise price: 12 cents for a two-year period

Number of placees: 36 placees

Insiders/pro groups: Craig Walker (insider) 100,000; Yvonne Yeung (insider) 50,000; Fateh Sunderji (pro group) 50,000; Daniel Seiter (pro group) 30,000; Sam Magid (pro group) 1,714,272; BTR Global Opportunity Trading Ltd. (pro group) 571,428; Shayne Nyquvest and Brett Rierert (pro groups) 50,000; Tiffany Sweeney and Brad Wait (pro groups) 50,000

Finders' fees: $21,549.99 cash and 263,158 shares payable to Henry Tam; $8,400 cash payable to Reach Holdings Ltd.; $1,050 cash and 268,949 shares payable to Li Wei

THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED OR DISAPPROVED OF THE CONTENTS HEREIN.

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