CYGAM Energy Inc. (TSX VENTURE:CYG) ("CYGAM", or the "Company"), an emerging oil
and gas company with interests in Tunisia and Italy, announces that pursuant to
the terms and conditions of its stock option plan, it has granted 300,000 stock
options to purchase Common Shares of CYGAM (the "Options") to a director of the
Company. The Options vest immediately, are exercisable at an exercise price of
$0.21 per share and expire as follows: one third on July 4, 2013, one third on
July 4, 2014 and the remaining third on July 5, 2015.


About CYGAM Energy Inc. 

CYGAM is a Calgary based exploration company with extensive international
exploration permits and a producing property in Tunisia. The main focus of CYGAM
is the acquisition, exploration and development of international oil and gas
permits, primarily in Italy, Tunisia and the Mediterranean Basin. CYGAM
currently holds various interests in seven exploratory permits in Italy plus
three exploratory permits and the BBT Production Concession in Tunisia which
together encompass a total of approximately 2.7 million gross acres. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
CYGAM Energy Inc
David Taylor
President and Chief Executive Officer
403 605 5117
david.taylor@cygamenergy.com


CYGAM Energy Inc
Al Robertson
Chief Financial Officer
403 452 6883
al.robertson@cygamenergy.com
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