News Release

Canasia Financial Inc. To Trade On TSX Venture Exchange

February 18, 2009

CANASIA FINANCIAL INC. ("CNA.P")
BULLETIN TYPE: New Listing-CPC-Shares
BULLETIN DATE: February 18, 2009
TSX Venture Tier 2 Company

This Capital Pool Company's ('CPC') Prospectus dated December 1, 2008 has been filed with and accepted by TSX Venture Exchange and the Alberta, British Columbia and Ontario Securities Commissions and the Saskatchewan Financial Services Commission effective December 3, 2008, pursuant to the provisions of the Alberta, British Columbia, Ontario and Saskatchewan Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.

The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering were $300,000 (3,000,000 common shares at $0.10 per share).

Commence Date: At the opening Thursday, February 19, 2009, the common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: Alberta

Capitalization: unlimited common shares with no par value of which 5,000,000 common shares are issued and outstanding.
Escrowed Shares: 2,000,000 common shares
200,000 options

Transfer Agent: Computershare Trust Company
Trading Symbol: CNA.P
CUSIP Number: 137230 10 8
Sponsoring Member: Leede Financial Markets Inc.

Agent's Options: 300,000 non-transferable Agent's Options. One option to purchase one common share at $0.10 per common share up to a period of 24 months from the date the common shares are listed on the Exchange.

For further information, please refer to the Company's Prospectus dated December 1, 2008.

Company Contact: James Louie, President & CEO
Company Address: 243 Sienna Hills Drive SW, Calgary, AB T3H 2Y8

Company Phone Number: (403) 870-7383
Company Fax Number: (403) 242-7479
Company E-mail Address: jlouie@hatch.ca