Mantra Venture Group Announces Creation of Mantra China Limited

OTCBB: MVTG FRANKFURT: 5MV

SEATTLE, June 19 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd.
("Mantra" - OTCBB: MVTG - FSE: 5MV) is pleased to announce that it has
established Mantra China Limited, a Hong Kong company, to develop and market
Mantra's technologies and services throughout Asia. Mantra China is a joint
venture between Mantra and two Hong Kong based partners, Green China
Developments Limited and Gateview Group Limited. Mantra holds a 51% stake in
the new venture.
"Mantra China will be the vehicle for the Mantra group of companies to
establish a strong brand presence in Asia, identify new markets for our
products, and build strategic alliances with technology developers,
manufacturers and financiers", says Dan Funaro, member of Mantra's Corporate
Advisory Board. Mr. Funaro goes on to say, "the new venture also aims to
establish Mantra as a North American distributor of innovative green
technologies developed and produced in Asia."
Mantra China is already in negotiations to acquire exclusive North
American distribution rights to a line of solar power LED products produced in
China. "There are an abundance of opportunities available here in North
America to market and distribute these innovative products", says Larry
Kristof, President and C.E.O. of Mantra, "we have identified many sectors such
as government, business and individual consumers who will benefit tremendously
from the use of these products, both in terms of cost-savings and also in
terms of reducing their carbon footprint."
About Mantra:
Mantra, through its group of sustainable energy, carbon reduction and
consumer product subsidiaries, is active in the green technology marketplace
with an innovative, multi-faceted approach focused on profitability through
sustainability. By aggressively seeking out new technologies and innovating
solutions for a cleaner earth for everyone, Mantra intends to provide a highly
profitable, socially and environmentally responsible investment for its
shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and
on the Frankfurt Stock Exchange under the symbol 5MV. For more information
please visit us at www.mantraenergy.com.
Forward-Looking Statements:
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements. Actual results
may differ materially from those described in forward-looking statements and
are subject to risks and uncertainties. See Mantra Venture Group's filings
with the Securities and Exchange Commission which identify specific factors
that may cause actual results or events to differ materially from those
described in the forward-looking statements.
CONTACT: Terry Johnston, Investor Relations, Phone: (604) 267-3022, Email:
tjohnston@mantraenergy.com, Website: http://www.mantraenergy.com
SOURCE Mantra Venture Group Ltd.

Terry Johnston, Investor Relations, Phone: (604) 267-3022, Email:
tjohnston@mantraenergy.com, Website: http://www.mantraenergy.com