Tango Energy Inc.
TSX VENTURE : TEI

Tango Energy Inc.

September 28, 2007 23:59 ET

Tango Cancels Options

CALGARY, ALBERTA--(Marketwire - Sept. 28, 2007) - Tango Energy Inc. ("Tango") (TSX VENTURE:TEI) announces it has cancelled a total of 1,940,000 stock options priced above $0.60 per share previously issued under its Stock Option Plan. After the cancelation there are 2,085,000 stock options outstanding.

Tango's total number of common shares outstanding is 65,724,620.

Tango trades on the TSX Venture Exchange under the symbol TEI.

Statements in this regard may constitute forward looking statements. Such Forward looking statements include risks, uncertainties, and other factors which may cause actual results, performance or achievements of Tango to be materially different from any future results, performance, or achievements expressed or implied by such forward looking statements. Tango does not undertake to update any of such forward looking statements.

Contact Information

  • Tango Energy Inc.
    John M. Gunn
    President and CEO
    (403) 266-5688

    OR

    Tango Energy Inc.
    David E. Blain
    VP Finance and CFO
    (403) 266-5688
    FAX:(403) 266-8817