VenPath Investments Inc. Receives Conditional Approval for OPE Transaction and Files Filing Statement on OPE Transaction



    CALGARY, Aug. 20 /CNW/ - VenPath Investments Inc. (the "Corporation")
announces that it has filed the Filing Statement dated August 17, 2007 with
respect to the OPE Transaction previously announced by the Corporation by news
release on March 1, 2007. The Filing Statement may be viewed online at
www.sedar.com. All current shareholders of the Corporation and prospective
investors in the Corporation are advised to review the Filing Statement in
detail.
    The Corporation has received conditional approval from the TSX Venture
Exchange for the completion of the OPE Transaction. The Corporation is
currently working towards fulfilling the conditions of the TSXV conditional
approval. The Corporation will issue a further press release upon closing of
the OPE Transaction. Closing of the OPE Transaction and associated private
placement is targeted for August 27, 2007 in order to allow adequate time for
dissemination of the Filing Statement. The Corporation will be changing its
name to "OPE Holdings Ltd." in conjunction with the closing of the OPE
Transaction.

    Completion of the transaction is subject to a number of conditions,
including TSXV acceptance and shareholder approval. 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 release.




For further information:

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

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VENPATH INVESTMENTS INC.

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