Source MARKET NEWS
Date 08/27/2010
Time 02:12:57 PM

Company ALDA Pharmaceuticals Corp.
Title Private Placement-Non-Brokered


CDNX Symbol: APH

Press Release

Private Placement-Non-Brokered --->@NEWS RELEASE
ALDA PHARAMACEUTICALS CORP. ("APH")
- Private Placement-Non-Brokered
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 27, 2010:

Number of Shares: 3,275,000 shares

Purchase Price: $0.10 per share

Warrants: 3,275,000 share purchase warrants to purchase 3,275,000
shares

Warrant Exercise Price: $0.20 for a two year period

Number of Placees: 25 placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P / # of Shares
Raymond Martin P 100,000
Allan Fabbro P 200,000
Terrance Owen Y 400,000
Peter Chen Y 150,000
William F. McCoy Y 22,500
Ronald Zoko Y 105,000

Finder's Fee: $1,000 Cash payable to Canaccord Genuity Corp.
$1,250 Cash payable to Northern Securities Inc.

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must
issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.
[Note that in certain circumstances, the Exchange may later extend the
expiry date of the warrants, if they are less than the maximum permitted
term.]

Capitalization Report for Alda Pharmaceuticals Corp
Shares Issued: 58731799
Shares Escrow: 0

TSX Venture closing price for Alda Pharmaceutic
Date: 2010/08/26
Closing Price: 0.115