ALDA PHARMACEUTICALS CORP. ("APH")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 21, 2007
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced October 22, 2007:

Number of Shares: 3,500,000 shares

Purchase Price: $0.15 per share

Warrants: 3,500,000 share purchase warrants to purchase 3,500,000 shares

Warrant Exercise Price: $0.30 for a one year period
$0.45 in the second year

Number of Placees: 35 placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P / # of Shares
Proforma Capital Asset-Backed Securities Inc. P 100,000
(Robert Frost / Joseph Francese / Scott Reed)
Claudia Rueda P 15,000
Johnny Markovina P 20,000
Raymond Martin P 100,000
Essam Hamza P 100,000
Allan Fabbro P 100,000
Kathleen Todd P 45,000

Finder's Fee: 5% in shares (82,895) based on the number of subscribers introduced payable to Proforma Capital Asset-Backed 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.

TSX-X