Bitumen Capital Inc. granted 6 month extension

    MONTREAL, Jan. 8 /CNW Telbec/ - Further to the TSX Venture Exchange
(TSX-V) bulletin issued on November 3, 2008 describing Temporary Relief
Measures, Bitumen Capital Inc. (BTM.P:TSX-V) requested an extension to their
deadline of March 13, 2009. On January 7, 2009, the TSX-V granted the maximum
six (6) month extension in accordance with the Temporary Relief Measures. The
Company's deadline to complete a Qualifying Transaction is now September 14,

    About Bitumen Capital Inc.

    Bitumen Capital is a Capital Pool Company listed on the TSX Venture
Exchange under the symbol BTM.P and its financial statements are filed on the
SEDAR web site at
    The principle business of the Company will be the identification and
evaluation of companies, business or assets with a view to completing a
Qualifying Transaction. As of the date hereof, no Qualifying Transaction has
yet been identified.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

For further information:

For further information: Mr. Richard Groome, President and Chief
Executive Officer, Bitumen Capital Inc., (514) 907-4989,

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Bitumen Capital Inc.

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