<?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />KELOWNA, BC, Dec. 13, 2006 - Trigon Exploration Canada Ltd. ("Trigon" - TSX-V:TEL) announces that the corporate name has been changed to "Trigon Uranium Corp." The proposed name change was first announced in a press release dated August 10, 2006 and was approved by the shareholders of Trigon in a special meeting held for that purpose on October 12, 2006. The name change will become effective on the TSX Venture Exchange on December 13, 2006. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Sidney Himmel, the President and Chief Executive Officer, of the Company stated: "We are very confident in the growing strength and depth of the Uranium market, and therefore we intend to become a vertically integrated Uranium corporation. Thus we recommended the name change of the Company to Trigon Uranium Corp., to reflect our Corporate Mission and Strategies. We are pleased to be a member of the growing Uranium industry. This industry was founded in The United States, and we intend to continue focusing on U.S. Uranium property acquisition and development, in due course becoming a producer..."
About Trigon Exploration Canada Ltd.
Trigon Exploration Canada Ltd. is a uranium exploration and development company focused on the known deposits of the south-western United States, a region that has produced over one billion pounds of uranium. Trigon has a highly-qualified team of uranium exploration experts to direct its efforts at its Marysvale and Henry Mountains projects of southern Utah, and elsewhere in North America. Trigon also operates a portfolio of high-potential diamond exploration properties within a wholly-owned subsidiary, Trigon Diamond Corporation Ltd. Trigon has 41,930,326 shares outstanding and its stock trades on the TSX Venture Exchange under the symbol "TEL".
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The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address the potential change of name of Trigon Exploration Canada Ltd., are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include denial of regulatory or shareholder approval of the change of name of the company. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
%SEDAR: 00021118E
SOURCE: Trigon Exploration Canada Ltd.
SOURCE: Trigon Uranium Corp.
please visit http://www.trigonexploration.com or contact:
Sidney Himmel, President and Chief Executive Officer, Trigon Exploration Canada Ltd., Tel: (250) 317-3624, Email: sidney.himmel@trigonexploration.com
Jeanny So, Broker Relations Specialist, CHF Investor Relations, Tel: (416) 868-1079 x225, Email: jeanny@chfir.com
