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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (28208)	2/16/2000 12:05:00 PM
From: Stephanie M	Read Replies (1) \| Respond to of 150070

News on MOAT PR NEWSWIRE) Castleguard Energy Inc. Castleguard Energy Inc. DALLAS, TX, Feb. 16 /CNW/ - Scott Heape Chairman of Castleguard Energy Inc reports. Castleguard Energy Inc. (OTCBB Symbol MOAT) a Dallas based oil and gas company is pleased to announce that it has satisfied the requirements of the Securities and Exchange Commission to become a fully reporting company on the OTCBB. The company submitted its 10SB Registration in December 1999 and was given an effective date of February 7th 2000 to become a reporting company. Castleguard Energy Inc has approved a stock repurchase program authorizing the Company to repurchase and cancel up to 1,000,000 shares or 7% of its 14,750,626 outstanding common stock. The repurchase and cancellation will be made from time to time at the discretion of the management of the Company. Castleguard would also like to announce that Mr. Thomas Hogan has resigned from the Board of Directors of the company. The statements in this news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities exchange Act of 1934, and are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. SOURCE Castleguard Energy, Inc. -0- 02/16/2000 /CONTACT: Bob Hones, 214-361-1755/ (MOAT) CO: Castleguard Energy, Inc. ST: Texas IN: OIL SU: -30- * end of story *