Caz Petroleum Inc.

August 30, 2010 17:26 ET

Caz Petroleum Inc. Press Release

TORONTO, ONTARIO--(Marketwire - Aug. 30, 2010) - Caz Petroleum Inc. ("Caz"), c/o Thornton Grout Finnigan, Suite 3200, Canadian Pacific Tower, 100 Wellington St. West, P.O. Box 329, Toronto-Dominion Centre, Toronto, Canada, M5K 1K7, announces it has acquired a total of 72,000,000 common shares of Shear Minerals Ltd. (the "Company") on August 27, 2010 in connection with the previously announced acquisition by the Company of the Jericho diamond mine and related assets in Nunavut. As a result of the foregoing issuance, Caz owns and controls 72,000,000 common shares representing approximately 17.08 % of the current issued and outstanding common shares of the Company on a non-diluted basis.

Contact Information

  • Caz Petroleum Inc.
    Mr. Paul Champagne
    (416) 616-6222