Ironhorse Oil & Gas Inc.

Ironhorse Oil & Gas Inc.

March 29, 2007 14:13 ET

Ironhorse Oil & Gas Inc. Announces Member Broker Conducting Normal Course Issuer Bid

CALGARY, ALBERTA--(CCNMatthews - March 29, 2007) - Ironhorse Oil & Gas Inc. (the "Company") (TSX VENTURE:IOG) is pleased to announce that pursuant to the Company's normal course issuer bid, as announced on March 22, 2007, the Company has retained Blackmont Capital Inc. as its broker to conduct the normal course issuer bid on behalf of the Company.

Ironhorse Oil & Gas Inc. is a Calgary-based junior oil and natural gas production company trading on the TSX Venture Exchange under the symbol "IOG".

This news release may contain forward-looking information that is subject to known and unknown risks, uncertainties and other factors. Readers are cautioned that actual future results, performance or achievements may be different from those expressed or implied in this release and the difference may be material.

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

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