Cap Energy Ltd

May 22, 2009 05:00 ET

Suspension of Trading



                                              CAP ENERGY LIMITED
                                                (the "Company")

                                             Suspension of Trading

The  Board  of  Cap Energy Limited announces that trading in the Company's ordinary shares has  been  suspended
pending clarification of the Company's financial position.

Market  conditions  have  hindered completion of the fund raising which was intended to  finance  part  of  the
consideration  due to the vendors of CSV Holdings, Inc. ("CSV") and to provide additional working  capital  for
the  Company. Whilst the Directors are confident that the fundraising will be successfully completed by the end
of June 2008, they believe that trading in the Company's shares should be suspended until successful completion
is confirmed.

The Company will update the market about the progress of the fundraising in due course.

The Directors of the Issuer accept responsibility for this announcement.

Cap Energy Limited
John Killer
Tel: 07979 903673

St Helen's Capital Plc
Barry Hocken/Duncan Vasey
Tel: 020 7628 5582

Contact Information

  • Cap Energy Ltd