Toptent announces the closing of its initial public offering



    MONTREAL, July 4 /CNW Telbec/ - Toptent inc. ("Toptent"), a capital pool
company, announces that, on June 27, 2008, pursuant to a final prospectus
dated March 27, 2008, it closed the offering of 7,209,488 common shares of the
share capital of Toptent, at a price of $0.15 per share, in the framework of
its initial public offering. The gross proceeds resulting from the issuance of
these shares is of $1,081,423.20.
    In connection with this offering of shares, Toptent has paid to Blackmont
Capital inc. ("Blackmont"), the agent, as well as to the members of a selling
group, a cash commission, and has issued, as remuneration, options entitling
them to purchase 576,759 common shares of Toptent, at a price of $0.15 per
share, for a period of 24 months from the date of listing of the common shares
of Toptent on the TSX Venture Exchange.
    Toptent will now undertake the necessary procedures in order to proceed
with the listing of its shares on the TSX Venture Exchange, as a capital pool
company.

    The TSX Venture Exchange has neither approved nor accepts any
    responsibility with respect to the adequacy or accuracy of this press
    release.




For further information:

For further information: Valier Boivin, Director, Toptent inc., (514)
844-5468

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TOPTENT INC.

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