Eaglewood Energy Inc.
TSX VENTURE : EWD

Eaglewood Energy Inc.

November 18, 2009 09:00 ET

Eaglewood Energy Inc.: Board Change and Issuance of Stock Options

CALGARY, ALBERTA--(Marketwire - Nov. 18, 2009) - Eaglewood Energy Inc. (the "Corporation") (trading symbol "EWD") (TSX VENTURE:EWD) hereby announces that Hal Hemmerich has resigned as a director and Chairman of the Corporation. Ray Antony, a director of the Corporation, will serve as Chairman of the Corporation. 

Additionally, the Corporation has granted an aggregate of 900,000 stock options to acquire common shares to directors and officers of the Corporation with such options having an exercise price of $1.30 and an expiry date of November 18, 2014.

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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