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Changfeng
Announces Grant of Stock
Options |
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TORONTO, ONTARIO--(June 29, 2009) - Changfeng
Energy Inc. ("Changfeng") (TSX VENTURE:CFY),
a China based natural gas distributor, announced
today that an aggregate of 400,000 options
to purchase common shares of the Corporation
at $0.55 per share for five (5) years were
granted to directors of the Corporation.
About Changfeng Energy Inc.
Changfeng is engaged in the design and construction
of natural gas distribution networks and
distribution of natural gas to commercial
and residential customers in the greater
Sanya City region of Hainan Province, China.
The Company is headquartered in Toronto,
Ontario and its shares trade on the TSX
Venture Exchange.
This press release contains forward looking
statements based on current expectations.
These forward looking statements entail
various risks and uncertainties that could
cause actual results to differ materially
from those reflected in these forward looking
statements. Risks and uncertainties about
Changfeng's business are more fully discussed
in the Company's disclosure materials, including
its information circular and MD&A, filed
with the securities regulatory authorities
in Canada. All amounts are stated in Canadian
dollars except for noted otherwise.
For more information please contact:
Changfeng Energy Inc.
Ann Lin
Corporate Secretary
Tel: 416-362-0694
ann@changfengenergy.com
or
Changfeng Energy Inc.
Graham Warren
Chief Financial Officer
Tel: 416-362-0694
gwarren@changfengenergy.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED
AND DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This press release contains forward-looking
statements based on current expectations.
These forward-looking statements entail
various risks and uncertainties that could
cause actual results to differ materially
from those reflected in these forward-looking
statements. Risks and uncertainties about
Changfeng's business are more fully discussed
in the Company's disclosure materials, including
its information circular and MD&A, filed
with the securities regulatory authorities
in Canada. All amounts are stated in Canadian
dollars except for noted otherwise. |