Jan. 23, 2004 

News release

For immediate release

Recent news letter from Current Capital of Toronto. The TNI Securities referred to in the artticle, has offices in Chicago, New York, San Francisco and Denver, with a subscription base of over 18,000 clients.

TNI Securities' Research Report on Alternative Fuel Technology Sees Westrange Corp. (Hydrogen Thermochem) [TSXV: WRC], as a Long-Term Player In The Industry

TNI Securities' Research Report, "Energy to Fuel Technology Growth," examines how the application of alternative energy solutions may impact the overall technology industry in terms of consumer and commercial goods. However, the switch from a fossil-fuel based economy to a hydrogen based economy is a costly one requiring a great deal of capital investment not only in the technology itself but also in infrastructure.

The Reserach Report highlights the fact that Westrange Corp.'s (Hydrogen Thermochem) [TSXV: WRC] research bridges the gap between the two different economies:

"Another alternative is research being done by Hydrogen Thermochem Corp (TSE:WRC). Hydrogen Thermochem Corp in collaboration with the University of Regina, Saskatchewan Canada is developing a cost effective, natural gas to hydrogen appliance-sized reformer. These scaleable units would be set up at fueling stations or at business locations and can utilize the existing natural gas distribution network by reforming natural gas into hydrogen on demand and capturing excess C02. The advantage of their system is that it bridges the interim problem of a lack of hydrogen infrastructure. The Hydrogen Thermochem Process is a two stage catalytic process where the C02 produced in one process is captured, utilized and recycled in a second process, eliminating green house gas emissions."

If you would like to read the report further, please click here...

For more information, please contact:

John Robinson, Current Capital Corp., 416-860-0211 or 1-877-859-5200, www.currentcapital.com

or:

Kevin Sidloski, Director, Westrange Corp., 306-842-2030, www.hydrogenthermochem.com

If you would like to speak to one of our team members, give us a ring at: 416-860-0211 or 1-877-859-5200.

©2003 Current Capital. All right reserved

For more information contact: www.hydrogenthermochem.com

HTC Purenergy provides Carbon Management solutions to industry worldwide, from its head office in Regina, Saskatchewan. HTC is a public company, listed on the Toronto Stock Exchange Venture Exchange, trading as “HTC”. The latest corporate news is available on our website at www.htcenergy.com.

The TSX Venture Exchange Inc. does not take any responsibility for the adequacy or accuracy of the information contained in this news release.

For more information contact:

Jeff Allison,

HTC Purenergy

Telephone: (306) 352-6132

Fax: (306) 545-3262

E-mail: jallison@htcenergy.com

HTC Purenergy corporate developments can be followed on http://www.htcenergy.com/ and is traded under the symbol HTC