Enernorth Industries Inc.

Enernorth Industries Inc.

November 22, 2006 13:52 ET

EnerNorth Industries Inc.: Grant of Common Share Purchase Options

TORONTO, ONTARIO--(CCNMatthews - Nov. 22, 2006) - EnerNorth Industries Inc. (AMEX:ENY)(FWB:EPW1) (www.enernorth.com) ("EnerNorth" or the "Company") announces that on November 15, 2006 the Company granted 30,000 common share purchase options to a director at an exercise price of US$0.72 per share expiring November 15, 2011.

EnerNorth is a junior oil and gas company carrying out operations through production, development and exploration of oil and gas in the Western Sedimentary Basin, Canada.

There are approximately 4.293 million shares issued and outstanding in the capital of the Company.

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"), which reflect the Company's current expectations regarding the future results of operations, performance and achievements of the Company. The Company has tried, wherever possible, to identify these forward-looking statements by, among other things, using words such as "anticipate," "believe," "estimate," "expect" and similar expressions. These statements reflect the current beliefs of management of the Company, and are based on current available information. Accordingly, these statements are subject to known and unknown risks, uncertainties and other factors which could cause the actual results, performance or achievements of the Company to differ materially from those expressed in, or implied by, these statements. (See the Company's Annual Information Form and Annual Form 20 F for Risk Factors.) The Company is not obligated to update or revise these "forward-looking" statements to reflect new events or circumstances, unless required by securities law.

Contact Information

  • EnerNorth Industries Inc.
    Sandra Hall
    (416) 861-1484
    Website: www.enernorth.com