Ithaca Energy Inc.
TSX VENTURE : IAE
AIM : IAE

Ithaca Energy Inc.

July 05, 2011 11:38 ET

Ithaca Energy Inc.: Director's Dealing

LONDON, UNITED KINGDOM and CALGARY, ALBERTA--(Marketwire - July 5, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Ithaca Energy Inc. (TSX VENTURE:IAE)(AIM:IAE) was notified today that on July 5, 2011, Iain McKendrick, Ithaca's CEO, acquired 30,000 common shares in the Company at a price of GBP £1.46 per common share.

Following this transaction, Iain McKendrick's total revised beneficial holding in the Company is 130,490 common shares, representing approximately 0.05 per cent of the issued share capital of the Company.

Neither the TSX Venture Exchange nor its Regulatory Service Provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this news release.

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