CANASIA INDUSTRIES CORPORATION ("CAJ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 24, 2009
TSX Venture Tier 2 Company


TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced August 21, 2009:


Number of Shares: 9,000,000 shares


Purchase Price: $0.05 per share


Warrants: 9,000,000 share purchase warrants to
purchase 9,000,000 shares


Warrant Exercise Price: $0.10 for a five year period


Number of Placees: 14 placees


Insider / Pro Group Participation:


Insider equals Y /
Name ProGroup equals P / # of Shares


Negar Towfigh Y 200,000
All Seasons Consultings Inc.
(Negar Towfigh) Y 400,000
Carmen Lock P 50,000
Jennifer van Eijnsbergen P 100,000
Anthony Oram P 1,000,000


Finder's Fee: MGK Consulting Inc. (Jason Gigliotti)
will receive a finder's fee of
$36,918.75.


Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement
and setting out the expiry dates of the hold period(s). The Company must
also issue a news release if the private placement does not close
promptly.


TSX-X