Canadian Quantum Energy Corporation
TSX VENTURE : CQM

Canadian Quantum Energy Corporation

August 27, 2010 16:28 ET

Canadian Quantum Energy Corporation Files Year End Financial Statements and 51-101 Oil and Gas Disclosure

CALGARY, ALBERTA--(Marketwire - Aug. 27, 2010) - Canadian Quantum Energy Corporation ("Canadian Quantum" or the "Company") (TSX VENTURE:CQM) is pleased to announce the filing of its audited financial statements for the year ended April 30, 2010. The Company has also filed its Form 51-101F1 - Statement of Reserves Data and Other Oil and Gas Information, Form 51-101F2 - Report on Reserves Data by Independent Qualified Reserves Evaluator, and Form 51-101F3 - Report of Management and Directors on Oil and Gas Disclosure, under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. Such filings can be accessed electronically from the SEDAR website at www.sedar.com.

About Canadian Quantum

Canadian Quantum is active in the St. Lawrence Lowlands, Quebec Utica Shale Play holding various interests in approximately 174,000 gross acres covered by four permits.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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