Petro-Reef Resources Ltd.
TSX VENTURE : PER

Petro-Reef Resources Ltd.

May 24, 2006 18:47 ET

Petro-Reef Resources Ltd. Issues Revised Form of Proxy

CALGARY, ALBERTA--(CCNMatthews - May 24, 2006) - Petro-Reef Resources Ltd. (TSX VENTURE:PER) It has come to the Company's attention that the form of proxy sent to shareholders in connection with matters, other than the vote for the election of directors and the appointment of auditors, at the Company's Annual and Special Meeting to be held on June 15, 2006, did not include the option to vote against the resolutions. This has been corrected and revised proxy forms are being sent to shareholders for use at the meeting. Shareholders are asked to use the revised proxies instead of the previously delivered forms.

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

Contact Information

  • Petro-Reef Resources Ltd.
    Joseph Werner
    President and CEO
    (403) 265-6444
    (403) 264-1348 (FAX)
    or
    Petro-Reef Resources Ltd.
    Theodore M. Donhuysen
    Vice-President Exploration and Production, and COO
    (403) 265-6444
    (403) 264-1348 (FAX)
    or
    Petro-Reef Resources Ltd.
    2020, 800 - 5th Avenue S.W.
    Calgary, Alberta T2P 3T6
    E-mail: info@petro-reef.ca
    Website: www.petro-reef.ca
    or
    Iradesso Communications Corp.
    Geoffrey Vanderburg
    (403) 503-0144 ext. 203
    Email: gvanderburg@iradesso.com