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New Listing Bulletin

For Immediate Release

99/41


CONTACT:

September 16, 1999

WADE J. MURRAY
information@vse.ca
(604) 643-6592
   GENTECH CAPITAL CORP. LISTS ON THE VSE

Listed:

September 16, 1999
Symbol: GEC
Classification: VCP
Business: To identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation subject to receipt of shareholder approval and acceptance for filing by the Exchange.
Management: Joel Rutherford, President, Chief Executive Officer and Director; Graham Lee, Secretary, Chief Financial Officer and Director; Carol Lee, Director; Joel Dumaresq, Director.
Incorporation: British Columbia, April 21 1999
Agent: Pacific International Securities Inc.
Agent's Options: 250,000 non-transferable options exercisable into shares at a price of $0.20 per share up to March 16, 2001 (18 months from the date the shares commence trading).
Transfer Agent : Pacific Corporate Trust Company
Offering: $500,000 (2,500,000 shares at $0.20 per share)
Capitalization: 1,000,000,000 common shares with no par value
Issued: 3,725,000 common shares are issued and outstanding
Escrow: 1,200,000 common shares
Contact: Joel Rutherford, President
Address: 2088 - 1177 West Hastings Street
Vancouver, BC  V6E 2K3
Phone: (604) 688-5194
For further information, please refer to the Company's Prospectus dated August 24, 1999

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