Canada Gas Corp., Annual General Meeting, Dec 30, 2009 Location: Vancouver, British Columbia, Canada.

Canada Gas Corp. reported earnings results for the second quarter and six months ended July 31, 2009. For the quarter, the company reported net loss and comprehensive loss for the period of CAD 55,602 or CAD 0.003 per basic and diluted share on the revenues of CAD 22,646 compared to net loss and comprehensive loss for the period of CAD 184,369 or CAD 0.01 per basic and diluted share on the revenues of CAD 94,760 a year ago. Loss before other items and income tax was CAD 55,602 compared to CAD 293,827 a year ago. Cash used in operating activities was CAD 97,728 compared to CAD 27,551 a year ago. Exploration costs deferred-oil and gas interests were CAD 7,766 compared to CAD 14,813 a year ago. For the six months, the company reported net loss and comprehensive loss for the period of CAD 96,642 or CAD 0.005 per basic and diluted share on the revenues of CAD 54,635 compared to net loss and comprehensive loss for the period of CAD 344,467 or CAD 0.02 per basic and diluted share on the revenues of CAD 189,352 a year ago. Loss before other items and income tax was CAD 96,642 compared to CAD 454,473 a year ago. Cash used in operating activities was CAD 95,011 compared to CAD 387,339 a year ago.

Canada Gas Corp. reported unaudited earnings results for the first quarter ended April 30, 2009. For the quarter, the company reported loss before income taxes and net loss and comprehensive loss of CAD 41,040 or CAD 0.002 per basic and diluted share on revenues from natural gas sales of CAD 31,989 against loss before income taxes and net loss and comprehensive loss of CAD 160,099 or CAD 0.009 per basic and diluted share on revenues from natural gas sales of CAD 94,592 for the same quarter of last year. Cash provided by operating activities was CAD 2,716 against cash used in operating activities of CAD 359,788 for the same quarter of last year.