The Buffalo Oil Corporation

The Buffalo Oil Corporation

January 04, 2005 09:00 ET

Buffalo Oil Company Limited Completes Amalgamation


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BUFFALO OIL COMPANY LIMITED

TSX VENTURE SYMBOL: BOC

JANUARY 4, 2005 - 09:00 ET

Buffalo Oil Company Limited Completes Amalgamation

CALGARY, ALBERTA--(CCNMatthews - Jan. 4, 2005) - Buffalo Oil Company
Limited ("Buffalo") (TSX Venture:BOC) completed its amalgamation with
Fogo Resources Inc. ("Fogo") on December 31, 2004 in accordance with the
approval received from shareholders of both companies on December 17,
2004. The amalgamation resulted in the issue of 34,163,217 Buffalo
common shares to the former shareholders of Fogo. Following the
amalgamation, Buffalo's common shares were consolidated on a
one-for-five basis and the Company name was changed to The Buffalo Oil
Corporation.

Immediately prior to the amalgamation, directors and consultants of Fogo
exercised options to acquire 105,000 Fogo common shares. This resulted
in the issue of an additional 556,500 Buffalo common shares before
consolidation. All remaining Fogo stock options were terminated.

Trading of Buffalo common shares will continue on a pre-consolidated
basis and pre-name change basis until the final approval of the
transaction is obtained from the TSX Venture Exchange.



Buffalo Oil Company Limited
Suite 211, 7710 5th Street S.E.
Calgary, Alberta T2H 2L9



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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Buffalo Oil Company Limited
    William (Bill) Trickett
    (403) 252-2462
    btrickett@buffalo-oil.com
    or
    Buffalo Oil Company Limited
    Trevor Penford
    (403) 252-2462
    (403) 252-1399 (FAX)
    tpenford@buffalo-oil.com
    The TSX Venture Exchange has in no way passed upon the merits of the
    proposed transaction and has neither approved nor disapproved of the
    contents of this press release.