Eurogas International Inc. (CNSX:EI) ("Eurogas International" or the
"Corporation") announces that Derek Buntain has resigned as a director of the
Corporation effective today. The board of directors of Eurogas International
thanks Mr. Buntain for his contribution to the Corporation. 


ABOUT EUROGAS INTERNATIONAL 

Eurogas International Inc. is an independent oil and gas exploration company
listed on the Canadian Securities Exchange under the symbol EI. 


All documentation in respect of the Corporation may be viewed under the
Corporation's profile on SEDAR (www.sedar.com) or under the Corporation's
website at www.eurogasinternational.com. For more information about Eurogas
International, please visit www.cnsx.ca.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eurogas International Inc.
c/o Dundee Corporation
Suite 2100
1 Adelaide Street East
Toronto, ON  M5C 2V9


Eurogas International Inc.
Jaffar Khan
President & CEO
(403) 264-4985
(403) 262-8299 (FAX)
www.eurogasinternational.com

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