Nicer Canada completes private placement



    VANCOUVER, Nov. 6 /CNW/ - Nicer Canada Corp. (TSX-V NC) ("Nicer" or the
"Company") today announced the arrangement of a non-brokered private placement
of 3,000,000 shares at $0.20 per share for gross proceeds of $600,000. No
warrants will be issued. A finder's fee of $45,360 will be paid through the
issuance of 226,800 shares in connection with the private placement. All
securities issued will be subject to a four-month hold period. The closing of
the private placement is subject to the approval of the TSX Venture Exchange.
    The Proceeds from the private placement will be used for general working
capital purposes.

    About Nicer Canada

    Nicer Canada Corp. researches and develops a wide range of Internet
Protocol (IP) networks, applications and services for large and small
companies and telecommunications carriers. Since the Company's founding in
1994, Nicer Canada has developed industry-leading expertise in delivering
wired and wireless IP voice, data, video and IPTV solutions, to customers
worldwide. Headquartered in Burnaby, British Columbia, Nicer Canada Corp.
became a publicly-traded company in 2003, currently listed on the TSX Venture
Exchange under the symbol "NC". www.nicertech.com

    
    If you would like to receive press releases via email please contact:
     chris @chfir.com and mention "Nicer Canada" on the subject line.
    

    THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL
    RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE NEITHER
    APPROVES NOR DISAPPROVES OF THIS NEWS RELEASE

    %SEDAR: 00016922E




For further information:

For further information: visit the website at w.w.w.nicertech.com; or
call (604) 299-2385, or contact: Nicer Canada Corporation, Anne H. Chen, Tel:
(604) 299-2385 ext.118, email: anne@nicertech.com; CHF Investors Relations,
Barry Leung, Tel: (416) 868-1079 ext.247, email: barry@chfir.com; Chris
Haldane, Tel: (416) 868-1079 ext.237, email: chris@chfir.com

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NICER CANADA CORP.

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