Cygam Energy Inc.

Cygam Energy Inc.

April 09, 2012 20:01 ET

CYGAM Advises Amendment to Reported 2011 Year-End Reserves

CALGARY, ALBERTA--(Marketwire - April 9, 2012) - CYGAM Energy Inc. (TSX VENTURE:CYG) ("CYGAM", or the "Company") advises that the press release dated March 29, 2012 summarizing the Company's reserves as at December 31, 2011 will be amended and accordingly will be re-issued. The associated Reserves Report will also be filed on SEDAR as soon as possible.

Investors are advised that the information included in the March 29, 2012 press release should not be relied upon.

This news release contains certain forward-looking statements that reflect the current views and/or expectations of CYGAM with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, changes in business strategy, regulatory requirements, demand for our resources, competition and dependence on key personnel. These risks, as well as others, could cause actual results and events to vary significantly. CYGAM does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

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

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