Telehop Communications Inc. (TSX VENTURE:HOP) ("Telehop" or the "Company") today
announced its intention to file a rights offering circular (the "Rights Offering
Circular") with the TSX Venture Exchange (the "TSX-V") and the securities
regulators in respect of a rights offering to raise net proceeds of
approximately $334,775 (the "Offering").


Under the Offering, each registered holder of Shares as of a record date to be
determined in conjunction with the TSX-V will receive one right (a "Right") for
each Share held. Four Rights plus the sum of $0.10 (the "Subscription Price")
are required to subscribe for one Common Share (the "Basic Subscription
Privilege"). The Rights will expire on a date to be announced (the "Expiry
Date"), after which unexercised Rights will be void and without value. The
Rights will be listed on the TSX-V. Shareholders who fully exercise their Rights
may subscribe pro-rata for any additional Shares not otherwise subscribed for
before the Expiry Date (the "Additional Subscription Privilege").


To subscribe for Shares, a completed Rights certificate, together with payment
in full of the Subscription Price for the Shares subscribed for, must be
received by the subscription agent for the Offering, Equity Financial Trust
Company (the "Subscription Agent"), before the Expiry Date.


No Rights will be issued to shareholders who are residents of any jurisdiction
other than British Columbia, Alberta, Ontario and Quebec. Rights issuable to
those shareholders (the "Ineligible Shareholders") will be issued to and held by
the Subscription Agent as agent for the benefit of Ineligible Shareholders. The
Subscription Agent will, for the account of Ineligible Shareholders and before
the Expiry Date, attempt to sell the Rights allocable to Ineligible Shareholders
on the date or dates and at the price or prices as the Subscription Agent
determines in its sole discretion.


Jones Gable & Company Limited has agreed to subscribe for, at the Subscription
Price, those Shares not otherwise subscribed for on the exercise of Rights under
the Offering.


The Offering is subject to regulatory approval, including that of the TSX-V.
More details concerning the Offering and the procedures to be followed by
holders of Common Shares will be contained in the Rights Offering Circular to be
mailed to holders of Shares.


This press release should be read together with, and is qualified in its
entirety by the more detailed information contained in the Rights Offering,
which will be available on SEDAR at www.sedar.com.


Certain statements in this press release may constitute "forward looking
statements" and involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the
Corporation to be materially different from any performance or achievement
expressed or implied by such "forward looking statements".