Canada Gas president McMillan boosts shareholding

2009-01-14 19:39 EST - News Release

Mr. David McMillan reports

DAVE MCMILLAN OWNS 10% OR MORE OF THE OUTSTANDING SHARES OF CANADA GAS CORP.

Dave McMillan, president and director of Canada Gas Corp., is now the beneficial owner of 10 per cent or more of the outstanding common shares of the company.

Pursuant to recent public acquisitions, including 300,000 common shares acquired at the weighted average cost of 2.6 cents per share, Mr. McMillan directly and indirectly owns 2,380,600 common shares of the company. Mr. McMillan's indirect ownership is through Sun Tzu Ventures Inc., a private investment company wholly owned by Mr. McMillan. These shares represent 11.8 per cent of the issued and outstanding common shares of the company.

The securities were acquired for investment purposes only. It is Mr. McMillan's intention to evaluate the investment and to increase and decrease holdings as circumstances require.

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