ANG Angel Gold Corp

CALGARY, Sept. 9 /CNW/ -- TSX-V SYMBOL: ANG CALGARY, Sept. 9 /CNW/ - AltaCanada Energy Corp. (the "Corporation") announces that it has granted options to purchase a total of 9,700,000 common shares. The options were allocated to 4 non-management directors (1 million shares each), 3 officers (3,000,000 shares in total) and 9 employees and consultants (2,700,000 shares in total). Under the terms of the existing stock option plan the exercise price of the options was set at the September 8, 2010 closing price of $0.08. The options vest as to 1/3 each year and have a 5 year term. Directors presently receive no other remuneration from the Corporation. The Corporation is engaged in the acquisition, exploitation and production of crude oil and natural gas reserves in Western Canada and Montana. For more information on the Corporation, visit www.altacanada.com. 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. Don Foulkes, President & CEO, Telephone: (403) 265 9091 (ext 248), Fax: (403) 265 9021, Email: info@altacanada.com; Don Jackson, Exec VP & COO, Telephone: (403) 265 9091 (ext 234), Fax: (403) 265 9021, Email: Info@altacanada.com

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