Enernorth Industries Inc.

Enernorth Industries Inc.

March 08, 2005 14:19 ET

EnerNorth Industries Inc.: No News Release


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ENERNORTH INDUSTRIES INC.

AMEX SYMBOL: ENY

MARCH 8, 2005 - 14:19 ET

EnerNorth Industries Inc.: No News Release

TORONTO, ONTARIO--(CCNMatthews - March 8, 2005) - EnerNorth Industries
Inc. (AMEX:ENY) (Frankfurt Stock Exchange:EPW1) (www.enernorth.com)
("EnerNorth" or the "Company") announces that there have been no
corporate developments not previously disclosed or other explanation to
the Company's knowledge to account for the unusual market activity.

On June 21, 2004, Oakwell Engineering Limited filed an Application with
the Superior Court of Justice for the Province of Ontario seeking to
enforce the Judgment in Ontario. A hearing of that Application commenced
December 6, 2004 and a decision has yet to be determined.

The Company is continuing its ongoing activities to develop its oil and
gas operations focusing in Canada's Western Sedimentary Basin.

About EnerNorth Industries Inc.

EnerNorth is a junior oil and gas company carrying out operations
through production, development and exploration primarily in Alberta,
Canada.

There are approximately 4.06 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.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    EnerNorth Industries Inc.
    Sandra Hall
    President
    (416) 861-1484
    www.enernorth.com