Semcan Inc. (TSX VENTURE:STT) ("Semcan" or the "Company") announced that it has
today closed a new bank operating facility under which Royal Bank of Canada (the
"Bank") will provide an operating loan with a limit of $1,000,000 (the
"Facility"). The amount available under the Facility is subject to the Company's
levels of eligible accounts receivable and inventory. The interest rate is prime
+ 2.4%, and the Bank has been granted a first secured position with respect to
the Company's assets. The Facility replaces a $200,000 operating loan granted by
the Company's former bank.


"We are pleased to announce this further strengthening of the Company's
financial resources," said David Deacon, Semcan's CEO. "This Facility will
immediately provide the Company with additional financial flexibility, and we
look forward to partnering with the Royal Bank as we grow Semcan's business."


About Semcan Inc.

Semcan is a North American supplier of industrial processes and environmental
solutions with specific emphasis on water remediation and emission control
systems.


The Company is of the view that environmental considerations and preventative
technologies are becoming a prerequisite of most modern industrial expansion,
particularly in the mining, oil & gas and power sectors.


The Company's principal focus is the conceptual design, engineering, project
management, and assembly and installation of complete bulk material handling
systems used to clean up water and control air emissions- from the storage
silos, to the conveying systems, to the computerized electronic controls. The
systems are utilized internationally in a broad range of industries.


Caution Regarding Forward-Looking Information

Forward-Looking Information

This news release contains certain forward-looking statements. These statements
relate to future events or future performance and reflect management's current
expectations and assumptions regarding the growth, results of operations,
performance, and business prospects and opportunities. Such forward-looking
statements reflect management's current beliefs and expectations and are based
on information currently available to management of Semcan. In particular,
statements regarding the future operating results and economic performance are
forward-looking statements. Forward-looking statements involve significant risks
and uncertainties. A number of factors could cause actual events or results to
differ materially from the events and results discussed in the forward-looking
statements, including risks outlined under "Risk Factors" in our Annual
Information Form, which is posted at www.sedar.com. In evaluating these
statements, investors should specifically consider various factors, including
such risks as Investment Risk; Business Valuations; Condition of Capital
Markets; Dependence on Key Personnel; General Economic Factors; Interest Rate
Risk; Competition; and Reliance on Key Suppliers. One or more of these "Risk
Factors" could cause actual events or results to differ materially from any
forward-looking statement. These factors should not be considered exhaustive.
Although the forward-looking statements contained in this press release are
based on what management of Semcan considers to be reasonable assumptions based
on information currently available to them, there can be no assurance that
actual events or results will be consistent with these forward-looking
statements, and management's assumptions may prove to be incorrect. These
forward-looking statements are made as of the date of this press release, and
none of Semcan nor its directors assume any obligation to update or revise them
to reflect new events or circumstances. Undue reliance should not be placed on
forward-looking statements.


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