3 Jun 2008 07:00
June 2, 2008
CAZA OIL & GAS, INC. ("Caza" or the "Company") (TSX:CAZ) (AIM:CAZA)
POSTING OF MANAGEMENT INFORMATION CIRCULAR
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
HOUSTON, TEXAS (June 2, 2008) - Further to the announcement by Caza on May 23, 2008 relating to a placing to raise £11.50 million before expenses (equivalent to Cdn$22.36 million at an exchange rate of Cdn$1.9440/£1.00) (the "Placing"), the Company announces that notice of a special meeting proposing the resolution required to obtain shareholders' approval of the Placing, along with a management information circular more particularly describing the Placing, was posted to shareholders on May 30, 2008.
Copies of these documents will be available via www.sedar.com and, in accordance with rule 26 of the AIM Rules for Companies, will be available on Caza's website www.cazapetro.com.
The special meeting to approve the Placing will be held at 10.00 a.m. Houston time on June 26, 2008 at The Woodlands Waterway Marriott Hotel & Convention Center, 1601 Lake Robbins Drive, The Woodlands, Texas 77380, USA.
About Caza
Caza is engaged in the acquisition, exploration, development and production of hydrocarbons in the Texas Gulf Coast, south Louisiana, southeast New Mexico and the Permian Basin of West Texas on-shore regions of the United States of America through its subsidiary, Caza Petroleum, Inc. Caza is a company incorporated in Canada pursuant to the Business Corporations Act (British Columbia).
FOR FURTHER INFORMATION PLEASE CONTACT:
Caza Oil & Gas, Inc.
John McGoldrick
Executive Chairman
+1 281 363 4442
Website: www.cazapetro.com
OR
Noble & Company Limited
Nick Naylor / Jamie Boyd
Nominated Adviser
+44 (0) 20 7763 2200
OR
Aquila Financial Ltd.
Peter Reilly
Financial Public Relations Advisers
+44 (0)118 979 4100
The distribution of this announcement and the Placing and/or the issue of shares in connection with the Placing (the "Placing Shares") in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required by the Company and Noble & Company Limited to inform themselves about and to observe any such restrictions.
Except as otherwise permitted from the dealer registration and prospectus filing requirements of applicable Canadian securities laws, prior to the date that is four months and one day from the closing of the Placing, the Placing Shares cannot be resold or transferred into Canada or to a resident of Canada through the facilities of the TSX or otherwise.
The Placing Shares offered have not been registered under the U.S. Securities Act of 1933, as amended, or the securities laws of any state, and may not be offered or sold in the United States or to a U.S. Person (as defined in Regulation S of the U.S. Securities Act) absent registration or an applicable exemption from the registration requirements.
CAZA.L (CAZA)