**CERTIFICATION**

| 1.   | I                have reviewed this Annual report on Form 10-KSB of **PNG                Ventures, Inc.**                (the “Company”); |
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| 2.   | Based                on my knowledge, this annual report does not contain any untrue statement                of a material fact or omit to state a material fact necessary to                make the                statements made, in light of the circumstances under which such statements                were made, not misleading with respect to the period covered by this                annual report; |
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| 3.   | Based                on my knowledge, the financial statements, and other financial information                included in this annual report, fairly present in all material respects                the financial condition, results of operations and cash flows of                the                Company as of, and for, the periods presented in this annual                report; |
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| 4.   | The                Company’s other certifying officer and I are responsible for establishing                and maintaining disclosure controls and procedures (as defined in                Exchange                Act Rules 13a-14 and 15d-14) for the Company and we have done                the                following: |
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| a.   | designed                such disclosure controls and procedures to ensure that material                information relating to the Company is made known to us by others                within                the Company, particularly during the period in which this annual                report is                being prepared; |
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| b.   | evaluated                the effectiveness of the Company’s disclosure controls and procedures as                of a date within 90 days prior to the filing date of this                annual                report (the “Evaluation Date”); and |
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| c.   | presented                in this annual report our conclusions about the effectiveness of                the                disclosure controls and procedures based on our evaluation as of                the                Evaluation Date; |
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| d.   | all                significant deficiencies in the design or operation of internal controls                which could adversely affect the Company’s ability to record, process,                summarize and report financial data and have identified for the Company’s                auditors any material weaknesses in internal controls;                and |
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| e.   | any                fraud, whether or not material, that involves management or other                employees who have a significant role in the Company’s internal controls;                and |
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| 6.                | The                Company’s other certifying officer and I have indicated in this annual                report whether or not there were significant changes in internal                controls                or in other factors that could significantly affect internal controls                subsequent to the date of our most recent evaluation, including any                corrective actions with regard to significant deficiencies and material                weaknesses. |
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| July                26, 2005 | /s/                Mark L. Baum By:                Mark L. BaumIts:                President  |
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