Date: Thu, 18 May 2006 11:38:29 +0480
Subject: fw: Here it comes
This weeks pick. New News Just out. Should Spark Nice Growth.
CTXE - CANTEX ENERGY CORP
Big News Just Out!
PRICE: 0.54
5 Day expected 2.26
Br eaking News.
Cantex Energy Corp. Corporate Update to Shareholders
Tuesday May 9, 2:09 pm ET
SAN ANTONIO-May 9, 2006--Cantex Energy Corp. "the Company," has been
receiving several calls from shareholders that are enquiring as to the
recent dip in the value of the Company shares. Management would like
to report that there are no material changes in the Company affairs
and that the Big Canyon Prospect in West Texas is on schedule to
commence the forty-two miles of seismic work later this month.
To hear more on the Company, shareholders are encouraged to visit the
Company's web site where a recent interview with the Company president
has been posted.
In addition, the Company wishes to confirm that it has executed the
closing of a $250,000 private placement, as announced April 19, 2006,
and is now funded to allow for the completion of the 1.6 million
dollar geophysical work program. The Company still plans to accept an
additional $250,000 in subscriptions that are expected to close within
the next ten business days with use of proceeds for use as general
working capital.
Trace Maurin, President of Cantex commented, "We encourage our valued
shareholders to be patient as we approach the commencement date of
this very unique opportunity in one of the last under-explored,
world-class potential gas plays with no geopolitical risks."
Cantex Energy Corp. is an independent, managed risk, oil and gas
exploration, development, and production company headquartered in San
Antonio, Texas. The Company's additional focus is the optimal
exploitation and development of approximately 1,200 acres known as the
West Ant Hills Prospect located in Niobrara County Wyoming.
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