November 12, 2004

Greenboro Homes Ltd., Edmonton - Debentures

Fully Financed - Closed for Investment.

Unity Investments Inc. announced today that it will soon offering to friends, directors, employees, and business partners of the Company up to C$7,500,000 in Debentures of Greenboro Homes Ltd. based in Edmonton Alberta.

Greenboro Homes Ltd. ("the Company") will use $4.4 million of the net proceeds of the offering to purchase common shares of the Company currently held by a senior manager. The remainder of the proceeds will be used to finance further expansion in the number of single and multi-family housing developments.

The Private Placement is promoted by Unity Investments to investors, as it continues to advance its real estate development and syndication vision, and to provide an opportunity for an investment for the employees and directors.

Unity Investments is owned and controlled by UBG Builders Inc., a real estate management company formed in 1998 that oversees a number of homebuilder companies with annual construction volume of approximately $330 million.

For further information contact:

Peter Paauw - Investment Manager

Email: peterp@unityinvestments.com

Tel: (403) 569-7890

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