CanAsia Financial Inc. ("CanAsia" or the "Company") (TSX VENTURE:CNA) announces
that Nancy Huang has resigned as a director of the Company. The board of
directors of CanAsia thanks Ms. Huang for her services to the Company and wishes
her every success in her future endeavors.


About CanAsia 

CanAsia is an Alberta based company listed on the TSXV. It is engaged in the
business of original design, manufacture and distribution of Hyundai brand
mobile phones for the Philippines and the development of unique new business
opportunities in the Pacific Rim countries. The Company is located in Calgary,
Alberta of Canada. (www.canasiafinancial.com)  


FOR FURTHER INFORMATION PLEASE CONTACT: 
CanAsia Financial Inc.
James G. Louie
Chief Executive Officer
(403) 870-7383
contactus@canasiafinancial.com
www.canasiafinancial.com
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