Energem announces audited financial results - Thirteen month period ended December 31st, 2006

    TSX: ENM

    VANCOUVER, April 11 /CNW/ - Energem Resources Inc ("the Company") has
released its audited financial results at December 31st, 2006 summarised as

    ($ equals US Dollars)               13 months ended       Year ended
                                       December 31, 2006   November 30, 2005

    Net earnings/(loss) - ($'000)             3,812            (47,887)

    Earnings/(loss) per share(*) ($)          $0.02             ($0.35)

    Shares in issue ('000)                   156,194            154,883

    (*) basic and diluted - based on weighted average number of common shares

    The Company's audited financial statements and its management discussion
and analysis for the 13 months ended December 31st, 2006 are available on

    Energem Resources Inc. is a natural resources company listed on the
Toronto Stock Exchange with projects in the energy and mining sectors in a
number of African countries. Energem is committed to developing niche high
margin natural resource projects in Africa and is currently active in 16
countries. Ventures encompass diamond mining and mineral exploration, mid- and
up-stream oil and gas projects, energy and mining related manufacturing,
trading and trade finance businesses operating off a common logistics platform
and infrastructure. The company has offices and/or logistics and support
infrastructure in Johannesburg, London, Beijing and a number of African

    %SEDAR: 00002462E

For further information:

For further information: Rob Rainey in Johannesburg at telephone +27
11-372-3300, Fax +27 11 454 1673 or email: info@energem.com; The F.I.R.M. in
Toronto at telephone (905) 681-9199, Fax (905) 681-2711, email:
jjobin@focusedir.com, lchapman@focusedir.com; Refer our website:

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