Arcan Resources Ltd.
TSX VENTURE : ARN

Arcan Resources Ltd.

April 30, 2007 19:50 ET

Arcan Announces the Filing of Its Annual Information Form

CALGARY, ALBERTA--(CCNMatthews - April 30, 2007) -

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan") has filed its Annual Information Form (the "AIF") for the year ended December 31, 2006 with the Canadian securities regulatory authorities on the System for Electronic Document Analysis and Retrieval ("SEDAR") in Canada. The AIF contains the statement and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101 of the Canadian Securities Administrators ("NI 51-101"). With this news release, Arcan is reporting these filings as required by NI 51-101. An electronic copy of the AIF may be obtained on Arcan's SEDAR profile at www.sedar.com.

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans" and similar expressions, are forward-looking information that represents management of Arcan's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Arcan. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Arcan's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Arcan's filings with the Canadian securities authorities. Accordingly, holders of Arcan's securities and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted.

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

Contact Information

  • Arcan Resources Ltd.
    Ed Gilmet
    President and CEO
    (403) 262-0321
    Email: egilmet@arcanres.com
    or
    Arcan Resources Ltd.
    Douglas Penner
    Vice President, Finance and CFO
    (403) 262-0321
    Email: dpenner@arcanres.com
    or
    Arcan Resources Ltd.
    Suite 3200, 450 - 1st Street S.W.
    Calgary, Alberta T2P 5H1
    (403) 262-0321
    (403) 262-4636 (FAX)