Angle Energy Inc. - Exchange of share certificates



    /NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR FOR DISSEMINATION
    INTO THE UNITED STATES/

    TSX: NGL

    CALGARY, July 2 /CNW/ - Effective June 30, 2008 Angle Energy Inc.
("Angle") became a publicly traded company listed on the TSX Exchange. Angle
has adopted a new share certificate bearing the CUSIP No. 034760207. All
private share certificates currently held by our shareholders can be exchanged
for the new public share certificate by contacting our transfer agent, Valiant
Trust Company, and upon receipt be returned according to the delivery
instructions.

    US Disclaimer

    These securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the "1933 Act") or any state
securities laws. Accordingly, these securities may not be offered or sold
within the United States or to U.S. persons (as such term is defined in
Regulation S under the 1933 Act) in the absence of an exemption from the
registration requirements of the 1933 Act and applicable state securities laws
and this release does not constitute an offer to sell or a solicitation of an
offer to buy any of these securities within the United States.

    About Angle

    Angle Energy Inc. was founded in 2004 for the purposes of participating
in oil and gas exploration, development and production in Canada. The
Company's focus is on generating and developing its own prospects and on the
acquisition of undeveloped lands directly or through farm-ins. At present,
Angle has two principal properties, both located in west central Alberta and
two emerging prospects, one entailing an extensive light oil prospect and the
other involving exploratory drilling on undeveloped land. Both emerging
prospects are also located in Alberta.





For further information:

For further information: Stuart Symon, Chief Financial Officer, T: (403)
263-4534, stuarts@angleenergy.com; Valiant Trust Company, 310, 606 - 4 Street
SW, Calgary, AB, T2P 1T1, T: 1-866-313-1872, Fax: (403) 233-2857, e-mail:
inquiries@valianttrust.com, www.angleenergy.com

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Angle Energy Inc.

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