Curlew Lake Resources Inc.
TSX VENTURE : CWQ
PINK SHEETS : CWLXF

Curlew Lake Resources Inc.

August 22, 2005 09:50 ET

Curlew Lake Resources Inc. Announces Listing on the U.S. Pink Sheets Under the Ticker Symbol CWLXF

LANGLEY, BRITISH COLUMBIA--(CCNMatthews - Aug. 22, 2005) - Curlew Lake Resources (TSX VENTURE:CWQ) (PINK SHEETS:CWLXF) an Oil, Gas and Gold Exploration and Production company with operations based in the United States and Canada, today announced that its common stock will be listed on the Pink Sheets Electronic Quotation Service under the ticker symbol CWLXF and will commence trading on (August 22, 2005) (immediately). (Some data vendors may require .PK to be added to view results for Curlew Lake Resources Inc.)

"Curlew Lake's listing on the OTC Pink Sheets is an important initial step in enabling us to increase our exposure to public markets and expand our business by decreasing our cost of capital. It will also provide our United States shareholders easier access to the Company's stock." stated Robert B. Pincombe, Chairman and Chief Executive Officer. "We have made significant strides over the past few years in developing existing potential both in Canada and the U.S. We now believe we have reached a time in our company's history to introduce our story, which now includes three producing Gas wells and second stage Gold exploration in a prime location, to a wider audience."

About The Pink Sheets

Pink Sheets® LLC is the leading provider of pricing and financial information for the over-the-counter (OTC) securities markets. We provide products and services that increase the transparency of information available in the OTC markets so as to make them more efficient for all participants. Our centralized information network includes services designed to benefit market makers, issuers, brokers and OTC investors. Pink Sheets information enhances the efficiency of OTC trading, provides better executions for OTC investors and improves the capital formation process for OTC issuers. Pink Sheets LLC acquired the New York exchange several years ago, and in 2000 introduced an online service where the 3,300 pink sheet stocks can be traded electronically. We also introduced www.pinksheets.com, the premier financial web portal for information about OTC securities.

Curlew Lake's philosophy is to evaluate and participate in lower risk Oil and Gas projects, which, combined with long-term, higher risk, high reward properties adds to the balance of the corporate portfolio. Information on this Project and others are available at www.curlew-lake.com under the operations section.

On Behalf of the Board of Directors

"Robert B. Pincombe"

President.

This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933 (the "Securities Act"), as amended, and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act"), as amended. All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.

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

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