Emergence Resort Canada Inc. announces that it will not complete a qualifying transaction with CSP Telecom

    MONTREAL, Feb. 4 /CNW Telbec/ - Emergence Resort Canada Inc.
("Emergence") (TSX-V:ERS.H), a capital pool company listed on the NEX board,
announces that Emergence and CSP telecom do not intend to renew their
Agreement in Principle dated September 28th 2007, and restated on December
13th 2007, by which they had agreed to initiate the relevant procedures for
the conclusion of an arm's length qualifying transaction in accordance with
Policy 2.4 of the TSX Venture Exchange Corporate Finance Manual.


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

For further information:

For further information: Mr. Francois Houille de Beaulieu, President,
Emergence Resort Canada Inc., (514) 933-1503

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