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Cygam Energy Inc.

Cygam Energy Inc.

News Release

February 6, 2006

NEWS RELEASE

CYGAM ENERGY INC. (TSX Venture Exchange: CYG)

Calgary, Alberta, February 6, 2006. It is with regret, that the Corporation announces that its President and Chief Executive Officer, Dr. Fabrizio Rigo, has passed away. Dr. Rigo was also a director of the Corporation. The family members of Dr. Rigo represent the controlling shareholder of the Corporation and the four remaining directors are based in Canada. The Board of Directors has appointed Dario Sodero as the interim President and Chief Executive Officer.


For further information please contact:

Dario Sodero, President or
Ali Rawji, Chief Financial Officer
Tel: (403) 802-6983, Fax: (403) 802-6984
E-mail: dario.sodero@cygamenergyinc.com or ali.rawji@cygamenergyinc.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release