Extension of Suspension - OPI

    Bulletin: 2009 - 0201

    TORONTO, Feb. 3 /CNW/ - The common shares of Onco Petroleum Inc. ("OPI")
are currently suspended from trading on CNSX for failure to comply with CNSX
requirements (Bulletin 2008-1009). Pursuant to CNSX Policy 3-4.1, Onco was
subject to automatic delisting February 3, following the 90 day extension.
    Onco has requested and been granted a further 90 day extension to May 4,
2009. If the Company has not been reinstated for trading it will be
automatically delisted pursuant to CNSX Policy.

For further information:

For further information: Radhika Ramkarran at (416) 572-2000 X 2435 or
E-mail: radhika.ramkarran@cnsx.ca

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