March 18, 2008

The common shares of Aerocast Inc. have been approved for listing on CNQ. The Company has completed an Initial Public Offering of approximately 3 million units at $0.30 per unit, each unit consisting of one common share and one common share purchase warrant exercisable at $0.40 per share for one year. There are approximately 14.6 million common shares outstanding with a public float of 9.3 million shares. Canaccord Capital Corporation acted as Agent on the Offering.

The Company has established a foundry operation in Nogales, Mexico, for the purpose of manufacturing complex aluminum and magnesium alloy castings primarily for the aerospace

industry.

Listing and disclosure documents for Aerocast will be available in the CNQ Listings Disclosure Hall

Trading Date: Wednesday, March 19, 2008
Symbol: AERO
CUSIP: 007731 10 2



Applications are being accepted for Market Makers for "AERO".



If you have any questions or require further information please contact Radhika Ramkarran at (416) 572-2000 X 2435 or E-mail: [email protected]