HTC APPOINTS RICHARD DENNIS FROM DOOSAN BABACOCK TO HTC'S BOARD OF DIRECTORS

Regina, Saskatchewan - HTC Purenergy (“HTC”) held its Annual General and Special Meeting of Shareholders (“Shareholders’ Meeting”). At the Shareholders’ Meeting, Richard Dennis, Doosan Babcock Energy Limited’s Director of Research and Development, was appointed a director of the Corporation, subject to TSX Venture Exchange Inc. (“TSX”) approval. The Corporation also appointed Thor McDonald as a Vice-President of HTC, subject to TSX approval. The board of the Corporation now comprises of Lionel Kambeitz (Chairman and CEO), Jeffrey Allison (Vice-President and CFO), Wayne Bernakevitch, James Rybchuk, and Richard Dennis.

The Shareholders of the Corporation approved HTC’s Stock Option Plan (“Plan”). In summary the Plan grants the board of directors the authority to grant stock options to directors, officers, employees and consultants of HTC and its subsidiaries, subject to TSX approval. The aggregate number of shares to be issued upon the exercise of all options granted under the Plan may not exceed ten per cent of the issued and outstanding common shares.

Under the terms and conditions of the Plan, HTC has granted 450,000 stock options at an exercise price of $5.00 (“Stock Options”), to two directors, one officer and one consultant of the Corporation. Under the stock option agreements (“Agreements”), 40% of the Stock Options granted will vest at the end of 24 months from the date of the Agreements (“Initial Vesting Date”), with the remainder to vest, in equal parts, over 36 months from the Initial Vesting Date. The Stock Options will expire on 24 November 2013 or such earlier date on which the Stock Options are exercised. The grant and the terms and conditions of the Agreements have been approved by the disinterested members of the board of directors of HTC, and are subject to TSX Venture Exchange Inc. approval.

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

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