Detector Exploration Ltd.
TSX VENTURE : DEX

May 30, 2006 10:30 ET

Detector Announces Filing of First Quarter, 2006 Interim Financial Statements

CALGARY, ALBERTA--(CCNMatthews - May 30, 2006) - Detector Exploration Ltd. (TSX VENTURE:DEX) ("Detector") announces that Detector has filed (through SEDAR) Detector's FIRST quarter 2006, interim financial statements:

(a) first quarter ended March 31, 2006 unaudited financial statements,

(b) first quarter report to the Shareholders, operations review (including management discussion and analysis).

Copies of all of these materials are available for viewing by electronic means from the SEDAR web site (www.sedar.com).

Detector is an oil and gas corporation whose shares are listed for trading on TSX Venture Exchange Inc. under the symbol DEX.

As of March 29, 2006 Detector has outstanding 9,818,701 Common Shares, 400,000 options to acquire Common Shares. Additionally, Detector has determined that Detector's "public float" (the number of shares outstanding not held by directors, officers, promoters, 10% shareholders or their affiliates, spouses, and other associates and not under any hold period or escrow restrictions) is 4,182,168 based on information provided to Detector by its insiders.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Detector Exploration Ltd.
    Ronald E. Alexander
    President
    (403) 264-1880
    (403) 265-9105 (FAX)
    Email: detectorex@shaw.ca
    or
    Detector Exploration Ltd.
    Suite 650, 520 - 5th Avenue S.W.
    Calgary, Alberta T2P 3R7