Aqua Pure Ventures Private Placement

Business Wire, Sept 15, 1997

KELOWNA, British Columbia--(BUSINESS WIRE)--Sept. 15, 1997-- Aqua Pure Ventures Inc. (VSE:AQE.) (the "Company") wishes to announce that the private placement of 400,000 common shares at $0.60 per share, which was accepted by the Vancouver Stock Exchange on August 20, 1997, has been successfully completed.

Partial funds from the proceeds will be used to further market the Aqua Pure technology in the oil fields where Aqua Pure will be installing its first unit in early 1998. The Company will also be channelling a portion of the proceeds in pursuing the viability of utilizing the Aqua Pure technology to assist in more effective extraction of heavy oil.

The Company has granted 130,657 of director stock options at a price of $0.60 per share, which options are exercisable for a period of 2 years. The exercise price of the foregoing options represents the previous ten-day average closing price. The foregoing is subject to regulatory approval.

AQUA PURE VENTURES INC. Per: Harold Lauman, President/Director

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CONTACT: Aqua Pure Ventures Inc.

Harold Laumann, 250/762-8900