Sunday, January 28, 2007

CIC Energy Corporation

Industry: Mining

Main business locations: Southern Africa

Registered Office:
CIC Energy Corp.
Geneva Place, 2nd Floor
333 Waterfront Drive, Wickham’s Cay
Road Town, Tortola, British Virgin Islands

Incorporation year: 2006

Listed on: Toronto Stock Exchange
Ticker: ELC
Listed on: Botswana Stock Exchange

Financial highlights:
Total Assets: (2006) CAD 78,616,411
Shareholder’s equity: CAD 76,268,322

About the BVI company:

CIC Energy Corp. ("CIC") was established as a result of the consolidation of Coal Investment Corp. and Consolidated Ophir Ventures, effective March 14, 2006. CIC is engaged in the exploration, development and operation of two greenfield coal properties located in the Mmamabula Coalfields in Southern Africa. These properties are 100% in the ownership of CIC's wholly owned subsidiary Meepong Resources (Proprietory) Limited. The Mmamabula Energy Project is comprised of two coal prospecting licenses in the Mmamabula Coalfields of southeastern Botswana.

CIC is listed on the Toronto Stock Exchange, under the symbol ELC, and on the Botswana Stock Exchange, under CIC Energy.

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