New Cantech Management Proposes Name Change
April 17 2008 - 6:13PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (FSE: C7X) (the "Company") has
scheduled an annual and special general meeting of the shareholders
on May 16, 2008 to decide on a number of corporate issues,
including a change of name from New Cantech Venture Inc. to Nanika
Resources Inc. to better reflect the ongoing business and
operational focus of the Company. As the Company considers its
future plans, including the development of the Lucky Ship
Molybdenum deposit in west central British Columbia, management
believes that it is beneficial to associate the Lucky Ship deposit
with the area known for "Nanika" with the new name of the Company.
Therefore, management is proposing to the shareholders at the
meeting to be held at 2:00 PM on May 16, 2008 at the Four Seasons
Hotel, 791 West Georgia Street, Vancouver BC, V6C 2T4 that as a
special resolution the name of the Company be changed from New
Cantech Ventures Inc. to Nanika Resources Inc.
About New Cantech
New Cantech is a TSX Venture listed mineral exploration and
development company focusing on the development of its Lucky Ship
Molybdenum Property in west central British Columbia and the
advancement of its other mineral exploration properties, all of
which are located within Canada.
On Behalf of the Board
James. D Jacuta
Chairman, President & CEO.
Contacts: New Cantech Ventures Inc. Doug Kerr Telephone: (604)
638-0699 Toll Free 1-866-580-0699 (604) 638-0698 (FAX) Email:
kerr@newcantech.com Website: www.newcantech.com
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