August 23, 2006 14:58 ET

Canadian Trading and Quotation System Inc.-Approved-Geophysical Prospecting Inc. 'GPHY'

TORONTO, ONTARIO--(CCNMatthews - Aug. 23, 2006) - The common shares of Geophysical Prospecting Inc. have been approved for listing on CNQ. There are approximately 75.2 million common shares outstanding with a public float of approximately 59.2 million shares. The company is a service provider to the mineral exploration industry primarily by conducting geophysical prospecting of open land in Canada using advanced geophysical tools from third parties.

Listing and disclosure documents for Geophysical Prospecting will be available in the CNQ Issuer Disclosure Hall

Trading Date: Monday, August 28, 2006

Symbol: GPHY

CUSIP: 37250R 10 9

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