Aspen Group Resources Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported operating loss of $223,925 and loss from continuing operations of $574,656 and comprehensive loss of $745,762 or $0.01 loss per diluted share and total net revenue of $354,984 compared to operating loss of $122,174 and loss from continuing operations of $254,023 and comprehensive loss of $257,145 or $0.01 loss per diluted share and total net revenue of $927,118 for the same period a year ago. For the quarter, the company reported net cash used in operating activities of $95,665 compared to net cash provided by operating activities of $183,170 for the same period a year ago. For the six months, the company reported operating loss of $689,942 and loss from continuing operations of $1,058,616 and comprehensive loss of $1,169,632 or $0.01 loss per diluted share and total net revenue of $714,948 compared to operating loss of $437,476 and loss from continuing operations of $660,177 and comprehensive loss of $648,177 or $0.01 loss per diluted share and total net revenue of $1,793,422 for the same period a year ago. For the period, the company reported net cash used in operating activities of $284,227 compared to net cash provided by operating activities of $214,660 for the same period a year ago.

TSX announced that further to TSX bulletin 2009-0604 dated May 15, 2009, the common shares of Aspen Group Resources Corp. will be delisted at the close of market on September 14, 2009, for failure to meet the continued listing requirements of TSX.

Aspen Group Resources Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2009. For the quarter, the company has reported operating loss of $466,017, loss from continuing operations of $483,960 or $0.01 per diluted share and net loss of $423,870 on total net revenue of $360,054 compared to operating loss of $315,302, loss from continuing operations of $406,154 and net loss of $391,302 on total net revenue of $866,304 for the same period last year. Oil and gas revenues (net of royalties) were $408,468 against $1,011,211 reported last year. Net cash used in operating activities was $188,562 against $397,830 reported last year. The company also restated earnings results for the quarter ended March 31, 2008. For the quarter, the company now reported comprehensive loss of $391,302 on total net revenue of $866,304 against comprehensive loss of $391,555 on total net revenue of $848,208 reported earlier. The company also reported net cash used in operating activities of $397,830 against $397,923 and oil and gas revenue (net of royalties) of $1,011,211 against $991,803 reported earlier.