Sheer Energy Inc.
TSX VENTURE : SHU

Sheer Energy Inc.
Cygam Energy Inc.
TSX VENTURE : CYG

Cygam Energy Inc.

October 21, 2005 17:36 ET

Cygam Energy Inc. (Formerly Sheer Energy Inc.): Trading of Cygam's Shares Resumes on October 24, 2005

CALGARY, ALBERTA--(CCNMatthews - Oct. 21, 2005) - Further to the news release of October 12, Sheer Energy Inc. (TSX VENTURE:SHU) ("Sheer") has now changed its name to Cygam Energy Inc. (TSX VENTURE:CYG) ("Cygam" or the "Corporation") and is pleased to announce that it has received final approval by the TSX Venture Exchange for the resumption of trading of the shares of the Corporation.

Shares of Cygam will start trading under the new symbol ("CYG") as of Monday, October 24, 2005.

Further details relating to the transaction involving Sheer may be found in the Filing Statement filed on www.sedar.com on August 29, 2005. All previous press releases made by Sheer can now be viewed under the name of Cygam Energy Inc.

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

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