Aquarius Coatings Inc. announces appointment of new Acting CFO

TORONTO, Nov. 18 /CNW/ - Aquarius Coatings Inc. announces that Richard C. Jones, General Manager and Acting CFO has been granted an indefinite leave of absence for medical reasons.

Lorne S. MacFarlane, a former CFO of the Company, has been appointed Acting CFO and will work jointly with the sales manager, Lee Elver, to manage the day to day operations of the Company.

Aquarius is a corporation existing under the laws of the Province of Ontario and is a reporting issuer in the Provinces of British Columbia, Alberta, Ontario and Nova Scotia. Aquarius is a supplier of industrial and consumer corrosion protection coatings. The company markets a range of protective coatings for steel, concrete and manufactured goods, with distribution throughout North America.

Further information regarding Aquarius can be found in its public record available at www.sedar.com.

Forward-Looking Statements

Statements contained in this press release other than statements of historical fact, including statements regarding business strategy and management's plans and objectives for future operations, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, these statements. Given these risks and uncertainties, readers are cautioned not to place undue reliance on Aquarius' forward-looking statements. All forward-looking statements contained in this press release are necessarily estimates reflecting the best judgment of the party making such statements based upon current information, and Aquarius assumes no obligation to update any forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

%SEDAR: 00005557E

SOURCE Aquarius Coatings Inc.

For further information: For further information: Aquarius Coatings Inc.: Gary Van Nest, Director, Phone: (905) 826-0766, Fax: (905) 826-0086, Email: vannestg@shaw.ca

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Aquarius Coatings Inc.

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