VenPath Investments Inc. Announces Increase in Size of Private Placement


    CALGARY, Oct. 29 /CNW/ - In furtherance of its press release issued
October 12, 2007, VenPath Investments Inc. (the "Corporation") announces that
it has increased the size of the private placement being completed by the
Corporation through FirstEnergy Capital Corp., as Agent, to $13,200,000 (US)
which will result in the issuance of 22,000,000 treasury common shares at
$0.60 (US) per share.
    Anticipated closing of the private placement is October 30, 2007, with
closing of the OPE Transaction (as described in the Corporation's Filing
Statement and Filing Statement Supplement available online at
scheduled for October 31, 2007.
    All shareholders and potential investors in the Corporation are advised
to review the Filing Statement and Filing Statement Supplement in detail.
Completion of the OPE Transaction is subject to final approval of the TSX
Venture Exchange.
    Shareholders are reminded that the Corporation is changing its name to
"OPE Holdings Ltd." in conjunction with the OPE Transaction and will trade
under the new symbol "OPE" pending completion of the OPE Transaction. The
Corporation has requested that its stock remain halted on the TSX Venture
Exchange until completion of the OPE Transaction.

    The Common Shares have not been, and will not be, registered under the
United States Securities Act of 1933, as amended, or under any state
securities laws, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements. This
release does not constitute an offer to sell or a solicitation to buy such
securities in the United States.

    Completion of the OPE Transaction is subject to completion of a number of
conditions. Trading of the securities of the Corporation should be considered
highly speculative. The TSXV has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved of this press

For further information:

For further information: L. Daniel Wilson at (403) 358-1110 (phone),
(403) 887-7666 (fax), or

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