CGX Energy Inc OYL.V :
* CGX ENERGY AND FRONTERA ANNOUNCE AMENDED LETTER AGREEMENT AND SHARES FOR DEBT SETTLEMENT
* CGX ENERGY INC - ENTERED DEBT SETTLEMENT AGREEMENT WITH RESPECT TO SETTLEMENT OF US$1.2 MILLION OF DEBT OWING TO FRONTERA
* CGX ENERGY INC - DOES NOT HAVE SUFFICIENT CASH TO REPAY LIABILITY; DEBT SETTLEMENT IMPROVES LIQUIDITY POSITION
* CGX ENERGY INC - UPON COMPLETION OF DEBT SETTLEMENT, FRONTERA WILL OWN ABOUT 48.3% OF CO'S SHARES