SOURCE: Canary Resources Inc.

August 25, 2006 16:49 ET

Canary Resources Inc.: Financial Statements for the Six Month Period Ended June 30, 2006

HOUSTON, TX -- (MARKET WIRE) -- August 25, 2006 -- Financial statements for Canary Resources Inc. (PINKSHEETS: CYRR) for the six month period ended June 30, 2006 are available at:

www.canaryresources.com

or

www.pinksheets.com

Portions of this document include "forward-looking statements", which may be understood as any statement other than a statement of historical fact. Forward-looking statements contained in this document are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential" and similar expressions. Actual results may vary materially from management's expectations and projections expressed in this document. Certain factors that can affect the Company's ability to achieve projected results include, among others, production variances from expectations, uncertainties about estimates of reserves, volatility of oil and gas prices, the need to develop and replace reserves, the substantial capital expenditures required to fund operations, environmental risks, drilling and operating risks, risks related to exploratory and development drilling, competition, government regulation and the ability of the Company to implement its business strategy.

Copyright 2006. Canary Resources Inc. All rights reserved.

Contact Information

  • Additional information on Canary Resources Inc. is available
    from:
    Canary Investor Relations Department
    (281) 255-4160
    investors@canaryresources.com.