Canadian Phoenix Resources Corp.
TSX VENTURE : CPH

Canadian Phoenix Resources Corp.

April 30, 2009 20:43 ET

Canadian Phoenix Resources Corp.: Filing of Annual Information Form- NI 51-101 Reserves Data and Year End Financial Statements for December 31, 2008

CALGARY, ALBERTA--(Marketwire - April 30, 2009) -

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CANADIAN PHOENIX RESOURCES CORP. ("Canadian Phoenix") (TSX VENTURE:CPH) announces that it has filed its Annual Information Form and corresponding National Instrument 51-101 reserves data for the year ended December 31, 2008 on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

Canadian Phoenix also announces that it has filed its audited consolidated financial statements for the year ended December 31, 2008 and the corresponding management's discussion and analysis on SEDAR.

About Canadian Phoenix Resources Corp.

Canadian Phoenix 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".

FORWARD-LOOKING STATEMENTS Certain information set forth in documents incorporated by reference contain forward-looking statements. In particular, forward-looking statements include statements related to, but are not limited to, statements with respect to the corporate strategy of the corporation. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Canadian Phoenix's control, the impact of general economic conditions, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. In making such forward-looking statements Canadian Phoenix has made certain assumptions concerning the sufficiency of capital resources to carry out the budgeted capital expenditures; the availability and cost of labour and service. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Canadian Phoenix's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that Canadian Phoenix will derive therefrom. Canadian Phoenix disclaims any intention or obligation to update or review any forward-looking statements, whether as a result of new information, future events or otherwise, except as required pursuant to applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Canadian Phoenix Resources Corp.
    Thomas P. Stan
    President and Chief Executive Officer
    (403) 920-0040
    (403) 920-0043 (FAX)