Canadian Phoenix Resources Corp.
TSX VENTURE : CPH

Canadian Phoenix Resources Corp.

December 15, 2008 20:16 ET

Canadian Phoenix Files Interim Consolidated Financial Statements

CALGARY, ALBERTA--(Marketwire - Dec. 15, 2008) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CANADIAN PHOENIX RESOURCES CORP. (the "Corporation") (TSX VENTURE:CPH) announces its consolidated financial statements for the three and nine months ended September 30, 2008 and associated management's discussion and analysis (collectively, the "Materials") have been filed on SEDAR at www.sedar.com on December 15, 2008. By these actions, the Corporation has cured the default of not filing the Materials within the 60 day prescribed period. The insiders listed in the management cease trade order issued by the Alberta Securities Commission on December 3, 2008 will not be restricted from trading in securities of the Corporation on December 18, 2008.

Canadian Phoenix Resources Corp. is a publicly traded junior oil and gas exploration, development and production company with operations in Western Canada. Canadian Phoenix is pursuing a corporate strategy of being a consolidator of oil and gas assets located in the Western Canadian Sedimentary Basin. Strategic corporate acquisitions promote partnerships for the future development of acquired or targeted oil and gas assets. Canadian Phoenix's shares trade on the TSX Venture Exchange under the symbol "CPH". Canadian Phoenix currently has 1,131,893,771 Common Shares issued and outstanding.

ON BEHALF OF THE BOARD OF DIRECTORS OF CANADIAN PHOENIX RESOURCES CORP.

Thomas P. Stan, President & CEO

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information

  • Canadian Phoenix Resources Corp.
    Thomas P. Stan
    (403) 920-0040
    (403) 920-0043