CGX Energy Inc.
TSX VENTURE : OYL

CGX Energy Inc.

March 01, 2010 17:11 ET

CGX Grants 200,000 Options

TORONTO, ONTARIO--(Marketwire - March 1, 2010) - CGX Energy Inc. (TSX VENTURE:OYL) announces that it has granted, pursuant to its stock option plan, 200,000 stock options to a consultant at an exercise price of $1.80 until February 26, 2015.

CGX Energy is a Canadian-based oil and gas exploration company focused on the exploration for oil in the Guyana. CGX is managed by a team of experienced oil and gas and finance professionals from Canada, U.S.A. and the UK. CGX is financed internationally and has thousands of shareholders worldwide. 

Trading Symbol: OYL
Shares Outstanding: 127,823,913
Fully-Diluted: 137,579,913

THIS PRESS RELEASE WAS PREPARED BY CGX ENERGY INC., WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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