HTN Inc. Announces Proposed Private Placement Financing

HTN Inc. (TSX VENTURE:HET.H) (or the "Company") announces a proposed
non-brokered private placement offering of up to 35,000,000 units (each a
"Unit") at $0.005 per Unit for gross proceeds of up to $175,000 (the
"Offering"). Each Unit is comprised of one common share and one non-transferable
warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one
common share at an exercise price of $0.05 per share during the first year
following the date of closing of the Offering, or at a price of $0.10 from the
second through to the end of the fifth year following the date of the closing of
the Offering.


In connection with the Offering, the Company may pay eligible persons (the
"Finders") a finder's fee up to 10% of the gross proceeds from the Units placed
by the Finder in Units and also issue compensation warrants (each a
"Compensation Warrant") equal to 10% of the total number of Units placed through
each Finder under the Offering. Each Compensation Warrant entitles the holder to
acquire one common share of HTN for a period of 24 months from the closing date
of the Offering at an exercise price of $0.075 for the first 12 months and $0.10
for the second 12 months. 


The proceeds of the offering will be used to settle Company debt and for general
working capital purposes.


The securities issued pursuant to the Offering will all be subject to a four
month regulatory hold period commencing from the date of closing. The Offering
remains subject to TSX Venture Exchange acceptance of requisite regulatory
filings. 


STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION,
INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR
EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING
STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS
AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT,
ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING
STATEMENTS. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
HTN Inc.
Michael Kraft
President & CEO
416.927.7003
416.927.1222 (FAX)
mkraft@buckinghamgrp.com

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