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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: myturn who wrote (49602)6/5/2000 11:12:00 PM
From: Jim Bishop  Read Replies (1) of 150070
 
MOAT

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
May 31, 2000
Date of Report (Date of Earliest Event Reported)
CASTLEGUARD ENERGY, INC.
State of Florida 0-5525 75-2615565
(State or other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
4625 Greenville Avenue, Suite 203, Dallas, TX 75206
(Address of principal executive offices) (Zip Code)
(214) 361-1755
(Registrant's telephone number, including area code)

ITEM 5. OTHER EVENTS

On September 7, 1999, Castleguard Energy Inc. implemented a Private Placement to issue up to four million shares of its
common stock to non-U.S. investors under Regulation S of the Securities Act of 1933 (the "Act" ) at US$.05 per share for
a maximum total of US$200,000. The shares issued pursuant to this private placement are restricted from being freely
traded for one year from the date of issuance. This private placement was completed May 1, 2000 with the sale of
3,900,000 shares for $195,000. The proceeds of the recently completed private placement were used for general operating
capital and to fund the development of the company's oil and gas properties.

Pursuant to the requirements of the Securities Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.

CASTLEGUARD ENERGY,INC. June 5, 2000
BY: Bob G. Honea, Director/President
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