Semcan Inc. Announces Late Filing of Financial Statements for Quarter ended 30th June 2008



    TORONTO, Sept. 4 /CNW Telbec/ - Further to its press release of August
29, 2008, Semcan Inc. (the "Issuer") (TSX VENTURE:STT), announces that it is
not able to file interim financial statements (the "Statements") for the three
month period ended June 30, 2008 on or before August 29, 2008;

    
    The Issuer expects to file the Statements on or before September 15, 2008,
and confirms that:

    1. the Issuer is a reporting issuer under the Act and is also a reporting
       issuer under the Alberta Securities and the British Columbia
       Securities Act and is not in default with the financial and continuous
       disclosure requirements of the Act and the regulations made thereunder
       other than the failure to file the Statements;

    2. the Issuer is not able to file its Statements on time for the
       following reasons: (1) the Issuer made a significant acquisition
       during the three month period ended June 30, 2008 (UK-based Naston
       Limited), and is consolidating the results of Naston Limited for the
       first time; and (2) the Issuer has, for the first time, engaged its
       auditors to complete a review of the Statements, which review has
       taken longer than anticipated;

    3. the Issuer expects to file the Statements on or before September 15,
       2008;

    4. On October 29, 2008 the securities commissions of Ontario, Alberta and
       British Columbia may issuer cease trade orders against the Issuer if
       the Statements have not been filed by such date, and/or an issuer
       cease trade order may be imposed prior to that date if the Issuer
       fails to file Default Status Reports on time;

    5. The issuer intends to satisfy the requirements of CSA Staff Notice
       57-301 and to file Default Status Reports on a bi-weekly basis
       disclosing details of any material change in the information contained
       in the Notice of Default, any failure to fulfill the stated intentions
       of the Notice of Default or any Default Status Report, any actual or
       anticipated default of a financial statement filing requirement
       subsequent to that disclosed in the Notice of Default and any other
       material information concerning the affairs of the Issuer which has
       not been generally disclosed.
    

    About Semcan Inc

    Semcan is fast becoming a worldwide supplier of industrial processes and
environmental solutions with specific emphasis on water remediation, emission
control systems and earth remediation. Semcan provides the central finance and
administrative functions, allowing operational management to remain focused on
bottom line profitability thereby increasing shareholder value.

    The TSX Venture Exchange has neither approved nor disapproved the
    contents of this press release.




For further information:

For further information: Semcan Inc: Phil Jamieson, Chairman and Chief
Executive Officer, (419) 703-1692 x221; Renmark Financial Communications Inc.:
Victoria Stepanova: vstepanova@renmarkfinancial.com; John Boidman:
jboidman@renmarkfinancial.com, (514) 939-3989, Fax : (514) 939-3717;
www.renmarkfinancial.com

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SEMCAN INC.

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