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Carmen Energy Inc. Announces Name Change to Margaux Resources Ltd.

22.07.2013  |  Marketwire
CALGARY, ALBERTA -- (Marketwired - July 22, 2013) - Carmen Energy Inc. (TSX VENTURE:CEI) ("Carmen" or the "Corporation") announces that it has changed its name to Margaux Resources Ltd. ("Margaux"). The name change was approved by the shareholders of the Corporation at the annual and special meeting of the Corporation held on February 15, 2013. The Corporation expects that trading of its common shares on the TSX Venture Exchange under its new name and new symbol of "MRL" will commence within two to three business days from today's date.


About Margaux Resources Ltd.:

Margaux is based in Calgary, Alberta and a publicly traded oil and gas exploration and production company. The focus is on exploration and development of Western Canadian Sedimentary Basin based oil and gas properties.


Forward-Looking Statements:

This news release contains certain forward-looking information and statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the forgoing, this news release contains statements concerning the anticipated timing for trading of the common shares of the Corporation's under its new name and new symbol.

Forward-looking statements are based on a number of material factors, expectations or assumptions of Margaux which have been used to develop such statements but which may prove to be incorrect. Although Margaux believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Margaux can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The anticipated trading date of the Corporation's common shares under its new name and new symbol maybe be delayed if final regulatory approval is not received on the expected timeline.

The forward-looking statements contained in this news release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.



Contact

Margaux Resources Ltd.
Tyler Rice, President
(403) 537-5590
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