AGS Energy 2005-1 LP special meeting of limited partners adjourned



    TORONTO, April 23 /CNW/ - A special meeting of limited partners of AGS
Energy 2005-1 LP was held on Friday, April 20th, 2007, to vote on an
extraordinary resolution authorizing the transfer of the assets of the
Partnership to AGS Lawrence Resource Fund Ltd., an open-end mutual fund
corporation (the "Mutual Fund"), as detailed in the Management Information
Circular which was mailed to limited partners on March 30th, 2007.
    A quorum was not present at the meeting and as a result, the special
meeting of the partnership was adjourned to April 30, 2007 at 10:00 a.m. at
the offices of McCarthy Tétrault LLP, 50th Floor, Toronto Dominion Bank Tower,
Toronto, Ontario, M5K 1E6.
    For a copy of the Management Information Circular or additional
information, please visit our website at www.lawrenceasset.com.

    %SEDAR: 00021705E




For further information:

For further information: Investor Relations: Catherine Stretch, (416)
362-6283, info@lawvest.com, www.lawrenceasset.com

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AGS ENERGY 2005-1 LIMITED PARTNERSHIP

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