CGS Asset Management Ltd. announces change in fund name for AGS Lawrence
Resource Fund Ltd. (CGS 301)

CALGARY, Feb. 22 /CNW/ - CGS Asset Management Ltd. ("CGS"), the Manager of AGS Lawrence Resource Fund Ltd. (the "Fund"), would like to announce that effective February 12, 2010 the name of the Fund has changed to CGS Resource Fund Ltd.

In addition to the change in the name of the Fund, CGS is also pleased to announce that the Fund is now open to new purchases for the first time since its inception. Two new FundSERV codes have been created to allow for investors to add capital to this actively managed, oil & gas focused investment product:

    
    CGS 310: Initial Sales Charge         Option CGS 350: Fee Based Accounts

    As of February 12, 2010, the Fund had generated the following performance
returns using a non-levered investment approach:

    -   YTD 2.7%
    -   6 MTH 20.9%
    -   1 YEAR 38.6%
    -   2 YEAR 12.1%
    

SOURCE CGS ASSET MANAGEMENT LTD.

For further information: For further information: concerning the Fund (including the updated Offering Memorandum and Subscription Agreement) please visit www.cgsam.com, or contact: Brian Viveiros, National Sales & Marketing Manager, CGS Asset Management Ltd., T: (905) 553-5902, C: (647) 280-3307, E: brian@cgsam.com; OR Clarence Chow, P. Eng., President & Portfolio Manager, CGS Asset Management Ltd., T: (403) 571-0692, F: (403) 263-5554, E: clarence@cgsam.com

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CGS ASSET MANAGEMENT LTD.

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