CNT Cenit Corp

Cenit Corporation ("Cenit" or the "Company") (TSX VENTURE:CNT)(PINK
SHEETS:CNTGF) is pleased to announce that it is continuing to raise funds
pursuant to its previously announced private placement of convertible
debentures. Cenit has raised an aggregate of $190,000 and has requested an
extension from the TSX Venture Exchange to file final documentation in order to
complete the financing. The Company anticipates that this financing will close
in the next two weeks.


The principal amount of the convertible debentures is up to $500,000 bearing
interest at 8% per annum and maturing 24 months after the date of issuance.
Principal of the debentures will be convertible at a conversion price of $0.15
per common share of the Company.


About Cenit Corp.

Cenit Corporation is a Canadian holding company which operates three
subsidiaries in diverse market niches: Blue Port Technologies Inc. (BP),
Continental Asset Management Inc. (CAM) and Health Promotions Strategies Inc.
(HPSI). BP is a software development and recruiting services company, CAM is a
vendor of Point of Sale systems and HPSI is a registered gaming supplier. Cenit
is continually investigating strategic alternatives to enhance shareholder
value.


Shares Outstanding (Non-Diluted): 23,876,327

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