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beigledog

04/10/06 9:45 AM

#29 RE: beigledog #28

Nord Oil International Deny Allegations of Chinese State Owned Enterprise Takeover
Monday April 10, 9:00 am ET


MONTREAL--(MARKET WIRE)--Apr 10, 2006 -- Nord Oil International Inc. (Other OTC:NDOL.PK - News) denied allegations today that a Chinese State Owned enterprise was the offering party to the recent unsolicited purchase offer. However, the company does confirm that the State Planning and Development Commission through its subsidiary CEInet does own approximately 1% of the total issued and outstanding shares of the company.
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The company is currently reviewing the purchase offer received April 6, 2006 and has opted to keep the information confidential until all information can be reviewed and expects to release said purchase offer as soon as it can be bona fide.