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For Immediate Release

00/05


CONTACT:

February 1, 2000

Pam Whitworth
Communications Director
Canadian Venture Exchange
Tel: (604) 488-3126
CDNX Trading Reaches Record Levels During January

Trading activity on the Canadian Venture Exchange (CDNX) reached record levels during the month of January.

A total of 1.3 billion shares traded on CDNX during January, an increase of 25 per cent over December figures. The value of shares traded soared to $1.7 billion during the same period, up from $1.0 billion during the previous month.

Seven new listings joined the Exchange during the month. They are: Broadview Capital Corporation; Delta Systems Inc.; FutureFund Capital (VCC) Corp.; Quail Ridge Capital Corp.; Sandoil Recovery Corporation; Top Environmental Capital Venture Inc.; and, Trent-Severn Watershed Ltd.

The CDNX Index closed on January 31st, at 2878.65, up 23 per cent during the month, and up 44 per cent since CDNX and the Index launched on November 29, 1999.

For more information, please visit the Exchange’s website at www.cdnx.com.

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