CYGAM Energy Inc. is a publicly traded exploration company listed on the TSX Venture Exchange in Canada. The Company has crude oil production from the Sud Remada Permit in Tunisia and extensive international exploration concessions.
The main focus of the Corporation is the creation of shareholder value through the acquisition, exploration and development of international permits, primarily in Italy, Tunisia and the Mediterranean area. CYGAM currently holds various interests in six exploratory concessions in Italy and three exploratory concessions in Tunisia.
CYGAM Energy Inc. is pleased to announce that the Corporation has completed its previously announced non-brokered private placement (the "Private Placement") of common shares of the Corporation (the "Common Shares").