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Canasia to Attend Strategic Investment Forum
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Vancouver, B.C. Canasia Industries Corporation (the "Company") wishes
to announce that it will be attending the Mid-Canada Investment Forum
2007 in Winnipeg, Manitoba on November 13, 2007. The Mid-Canada
Investment Forum is a new conference dedicated to the investment
community and publicly-traded companies operating in Central-Canada.
Company officials will be attending a corporate booth at the Fairmont
Hotel from 10:00am to 6:00pm and invite any and all interested
individuals to attend.

Recently, Canasia announced that it has acquired a 50% interest in the
Reed Lake claims in Manitoba. In addition, the Company announced that
it had increased its land holdings to 196,210 acres in the area. The
Company now has a land package in excess of 194,010 acres that is
contiguous to the south and west, and 2,200 acres contiguous to the
north of the VMS Ventures Inc.'s property, which on October 4, 2007,
announced assays of 2.50 metres (8.2 feet) of 15.30 per cent copper,
within 10.50 metres (34.4 feet) of 11.19 per cent copper, within 22.25
metres (72.9 feet) of 7.75 per cent copper, within 43.05 metres (141.2
feet) of 4.38 per cent copper.

Graeme Sewell, a director of the Company stated, "We look forward to
being able to meet many of our new shareholders in person at this show.
Since announcing our Reed Lake acquisitions and planned drill program,
the Company has had a substantial increase in interest from investors
in Manitoba and throughout Canada. We encourage all shareholders and
potential shareholders to attend the conference and meet Canasia's
management in person."

If you would like to be added to Canasia's news distribution list,
please send your email address to info@canasiaind.com.

Contact Information
Tel: (778) 328-8848
Fax:(604) 689-1733
www.canasiaind.com
info@canasiaind.com

"Graeme Sewell"
Director
Canasia Industries Corporation

Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements,
which reflect the expectations of management regarding the Company's
ability to close the Purchase and Sale Agreement. Forward-looking
statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such statements are subject to risks
and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if they do
occur, what benefits the Company will obtain from them. These
forward-looking statements reflect management's current views and are
based on certain expectations, estimates and assumptions which may
prove to be incorrect. A number of risks and uncertainties could cause
our actual results to differ materially from those expressed or implied
by the forward-looking statements, including: (1) a downturn in general
economic conditions in North America and internationally, (2) the
inherent uncertainties and speculative nature associated with mineral
exploration, (3) a decreased demand for minerals, (4) any number of
events or causes which may delay or cease exploration and development
of the Company's property interests, such as environmental liabilities,
weather, mechanical failures, safety concerns and labour problems; (5)
the risk that the Company does not execute its business plan, (6)
inability to retain key employees, (7) inability to finance operations
and growth, (8) inability to obtain all necessary environmental and
regulatory approvals, (9) an increase in the number of competitors with
larger resources, (10) other factors beyond the Company's control; (11)
the failure of the Letter of Intent or Letter Agreement to close for
any reason; and (12) the ability of the Company to acquire the services
of contract trades to perform work programs in a timely manner. These
forward-looking statements are made as of the date of this news release
and the Company assumes no obligation to update these forward-looking
statements, or to update the reasons why actual results differed from
those projected in the forward-looking statements. Additional
information about these and other assumptions, risks and uncertainties
are set out in the "Risks and Uncertainties" section in the Company's
MD&A filed with Canadian security regulators.

The TSX Venture Exchange has not reviewed and does not accept
responsibility
for the adequacy or accuracy of the content of this news release.

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Copyright (c) 2007 CANASIA INDUSTRIES CORPORATION (CAJ) All rights
reserved. For more information visit our website at
http://www.canasiaind.com/ or send mailto:info@canasiaind.com
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