Suite 100 – 11245 Valley Ridge Drive NW, Calgary, AB, T3B 5V4 *Tel (403) 200 1033
NEWS RELEASE
February 24h,2010 CYLC Pink Sheets – OTC
G7Q.F – Frankfurt Stock Exchange
COUNTYLINE ENTERS INTO AGREEMENT FOR MINING PROPERTY
County Line Energy Corp.(the “Company”), is pleased to announce that it has entered into a Share Purchase Agreement with 1st Light Resources in order to purchase100% of the Dog Lake mining property from 1st Light Resources, located in Ontario, Canada.The terms of purchasing 100% of the Dog Lake property include the issuance of 5,000,000 shares of the Company (CYLC) to 1st Light Resources. 2,000,000shares of the company (CYLC) are to be issued immediately. The balance of the shares owing to 1st Light Resources for the Dog Lake mining property acquisition will be evenly distributed every six months.
Due to the “high potential” and recent staking activity in the immediate area of the Dog Lake mining property, the Company is very excited to be proceeding with this timely acquisition.
For further information on the Company, please call our office at (403) 200-1033 or visit our web site at www.countylineenergy.com
On behalf of the Board,
Harry Bygdnes, BSc.
President
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This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.