Coastport Capital Inc.
TSX VENTURE : CPP
FRANKFURT : C1J

Coastport Capital Inc.

August 26, 2010 09:00 ET

Coastport Capital Inc.: Company to Change Name to "Donnybrook Energy Inc." and Continue to Alberta

CALGARY, ALBERTA--(Marketwire - Aug. 26, 2010) - Coastport Capital Inc. (TSX VENTURE:CPP)(FRANKFURT:C1J) announces that the TSX Venture Exchange has approved the Company's continuation to Alberta and name change to "Donnybrook Energy Inc.". The Company will begin trading under its new name, "Donnybrook Energy Inc." (Symbol: DEI) on August 30, 2010.

The Company has also granted 5,025,000 incentive stock options to certain of its directors, officers, employees, and consultants exercisable at a price of $0.20 per share for a period of three years.

In addition, Laurie Sadler has resigned from the Company's Board of Directors. The Company would like to thank Mr. Sadler for his many years of service.

ON BEHALF OF THE BOARD OF COASTPORT CAPITAL INC.

Malcolm Todd, Chief Executive Officer

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 news release.

Contact Information

  • Coastport Capital Inc.
    Malcolm Todd
    Chief Executive Officer
    (604) 684-2356
    (604) 684-4265 (FAX)
    www.coastportcapital.com