Mr. Dennis Tam reports

MAPLE PEAK ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Maple Peak Investments Inc. intends to undertake a non-brokered private placement of up to 28 million common shares of the company at a price of three cents per common share for gross proceeds of up to $840,000. The net proceeds from the private placement will be used to support coming business activities and to provide working capital.

Closing of the private placement is subject to the acceptance of the TSX Venture Exchange. All common shares issued under the private placement will be subject to a statutory hold period of four months and one day following the closing date.

The private placement will primarily be conducted under the accredited investor exemption pursuant to National Instrument 45-106, Prospectus and Registration Exemptions, although other exemptions may be utilized where appropriate. Certain insiders of the company may participate in the private placement. Such participation will constitute a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. However, the company expects such participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the common shares subscribed for by the insiders and the consideration paid are not expected to exceed 25 per cent of the company's market capitalization.

We seek Safe Harbor.