Cuervo Resources Inc CRVNF

RE: Normal Course Issuer Bid

[larsen6]

Try Gentry (GNY). Here is an announcement from them this past September. It has also moved up smartly in last couple weeks - although almost any quality E&P has as well. Larsen 6 ------------ CALGARY, Sept. 9 /CNW/ - Gentry Resources Ltd. is pleased to announce that it intends to make a normal course issuer bid through the facilities of the TSX to buy up to 3,469,500 of its issued and outstanding Common Shares. This amount represents less than 10% of the public float portion of the issued and outstanding common shares of Gentry. At present, there are 38,765,589 common shares issued and outstanding with a public float of 34,695,719 common shares. The bid will commence September 12, 2005 and expire September 11, 2006 and any shares acquired pursuant to the bid will be cancelled. During the previous twelve-month period, Gentry purchased, pursuant to a previous normal course issuer bid, 234,400 common shares at an average price of $3.45 per share. These shares were subsequently cancelled. Gentry's reasoning for the normal course issuer bid is that from time to time the market price of Gentry's Common Shares may not reflect the underlying value of such shares and that, at such times, the purchase of Common Shares for cancellation will increase the proportionate interest of, and be advantageous to, all remaining shareholders. In addition, any purchases made by Gentry will afford increased liquidity to those shareholders of the Corporation who may wish to dispose of their Common Shares. For further information: Hugh Ross, President & Chief Executive Officer, [phone]; Ketan Panchmatia, Chief Financial Officer, [phone]; Website: www.gentryresources.com, Email: [e-mail], TSX Symbol: GNY