E-mail this page Print this page
 
     
   
 
 
  Changfeng Announces Grant of Stock Options

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.