Emergence Resort Canada inc. (ERS.H) announces the closing of a non-brokered placement



    MONTREAL, March 15 /CNW Telbec/ - The Company has completed a private
placement of 1,000,000 shares offered at $0.20 for a total proceed of $200,000
on March 15, 2007.
    The shares will be subject to a four (4) months resale restriction
period.
    The proceeds of this offering will be used for working capital and to
identify a potential major transaction.
    In connection with this placement, the Company has agreed to pay a
finder's fee to arm's-length parties of 7.5% of the gross proceeds by the
issuance of 75 000 shares subject to the same resale restriction as above.
    %SEDAR: 00018603E




For further information:

For further information: Francois H. de Beaulieu, (514) 933 1503,
fdb@emergenceresort.com

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EMERGENCE RESORT CANADA INC.

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