Columbus Copper Obtains Final Order for Merger With EnerGulf by Plan of Arrangement - Seite 3

On Behalf of the Board of EnerGulf

John D. Elmore, Director & President

On Behalf of the Board of Columbus Copper

David Cliff, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"), respecting the closing of the proposed arrangement and transactions ancillary thereto. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by the forward-looking statements, including without limitation the ability to satisfy all conditions to closing set out in the arrangement agreement; the ability to close the arrangement; receipt of necessary stock exchange approvals; cost increases; unforeseen circumstances; dependence on third parties for services; non-performance by contractual counterparties; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions: that the conditions to closing will be satisfied or waived; the timing and receipt of required stock exchange approvals; that required service providers will be available to assist with the transaction; general business and economic conditions; availability of financing; and ongoing relations with employees, consultants and service providers. The foregoing list is not exhaustive and we undertake no obligation to update any of the foregoing except as required by law. Readers should not place undue reliance on forward-looking information and statements.

EnerGulf Resources Inc.
Jonathan Buick
The Buick Group
416-915-0915
[e-mail]

Columbus Copper Corporation
Investor Relations
604-634-0970 or 1-888-818-1364
[e-mail]