Grand Power Logistics Announces Private Placement

CALGARY AND HONG KONG, Oct. 25 /CNW/ - Grand Power Logistics Group Inc. (TSX-V: GPW), a leading China-based international logistics provider,  today announced that it plans to offer by way of a non-brokered private placement, subject to regulatory approval, up to 16,666,667 Common Shares at a price of $0.12 per Common Share to raise gross proceeds of up to $2,000,000.  Finders' fees of up to 10% of the gross proceeds received by the Corporation will be paid on this private placement payable in cash or shares or in any combination thereof at the option of each finder.

The net proceeds of the private placement will be used by the Corporation to expand its ocean freight business in southern China and its direct sales activities generally.

About Grand Power Logistics Group Inc.
Grand Power Logistics Group Inc. operates principally through its wholly owned Hong Kong based subsidiary, Grand Power Express International Limited (GP Express) and provides air-freight forwarding and sea-freight services, customs brokerage, logistics, warehousing and distribution, as well as other value added services. GP Express has established operations in various regions, particularly in the Greater Pearl River Delta (GPRD), China's largest economic region. GP Express' Subsidiaries or Branch Offices in this region are located in Macau, Shenzhen, Guangzhou and Jiangmen. GP Express also operates in other regions through Subsidiaries and Branch Offices or Supporting Offices in Shanghai, Taipei, Bangkok and Los Angeles. For more information visit www.grandpowerlogistics.com

Forward-looking Information
Statements included in this press release that are not historical facts may be considered "forward looking statements". All estimates and statements that describe the Company's objectives, goals or future plans are forward looking statements. Forward-looking statements involve inherent risks and uncertainties where actual results could differ materially from those currently anticipated.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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