Eurogas International Inc.
CNSX : EI

March 31, 2009 14:15 ET

Eurogas International Commences Trading on the CNSX

TORONTO, ONTARIO--(Marketwire - March 31, 2009) - Eurogas International Inc. ("Eurogas International") (CNSX:EI) is pleased to announce that its common shares commenced trading on the Canadian National Stock Exchange ("CNSX") at the open of the CNSX today, March 31, 2009, under the symbol "EI".

"Eurogas International is pleased to be joining the CNSX. This newly created stock exchange is a perfect fit for our newly created company. We both have excellent vision for the future," states Ned Goodman, Chairman. Eurogas International believes that the CNSX model of comprehensive regulatory oversight within a framework of streamlined issuer regulation provides an excellent trading platform for the company's common shares.

"At CNSX we emphasize addressing the needs of our listed companies and their investors and are delighted that we were able to facilitate this listing in such a timely and cost efficient manner", said Ian Bandeen, Vice-Chairman and CEO, CNSX Markets Inc. "Today's economic reality has caused listing companies to focus even more sharply on their operating costs and to seek a more functional relationship with their listing exchange, a phenomenon that clearly plays to one of CNSX's strengths"

Eurogas International is a Barbados company engaged in the exploration of oil and gas offshore in Tunisia's Gulf of Gabes.

For more information about Eurogas International visit either the Listings Disclosure Hall at www.cnsx.ca or www.sedar.com.

Certain information set forth in this document, including management's assessment of each of the Corporation's future plans and operations, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Corporation's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Corporation's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Corporation will derive from them. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Eurogas International Inc.
    Jaffar Khan
    President & CEO
    (403) 264-4985
    (403) 262-8299 (FAX)