Effective at 10:00 am, December 18, 1998, Detec Resources Ltd. commenced trading on the Vancouver Stock Exchange. The company is classified as a "VCP" company and trades under the symbol "DET".

The purpose of a Venture Capital Pool issue is to provide a company with a minimum of funds with which to identify and evaluate assets or businesses with a view to completing a Qualifying Transaction. The Qualifying Transaction must be accepted by the VSE and receive the support of the majority of the minority shareholders of the company. Detec Resources Ltd. does not have business operations or assets other than seed capital, and has no written or oral agreements for the acquisition of an asset or business at this time. The directors, officers and management of the Company are as follows: Randy Christopher Turner, Jerry Anthony Minni, John A. McDonald and Toni Vodola.

The company’s capitalization is 100,000,000 common shares with no par value of which 2,350,002 common shares are issued and outstanding (with 1,050,002 held in escrow). Pacific Corporate Trust Company is the transfer agent and Canaccord Capital Corp. is the sponsoring member. Detec Resources Ltd. has completed its initial public offering for total gross proceeds of $221,000 (1,300,000 shares at $0.17 per share).

For further information, please refer to the Company’s Prospectus dated October 19, 1998 and for VCP guidelines, the Vancouver Stock Exchange web site at www.vse.ca.

DETEC RESOURCES LTD.
Randy Christopher Turner
Suite 1104, 750 West Pender Street
Vancouver, BC
V6C 2T8
Telephone Number: (604) 683-0343