Cavvy Energy LtdTSX: CVVY

$556,000 Placement Completed

RIMOUSKI, QC, June 8 /CNW Telbec/ - PDetrolia (PEA : TSX - V) has
completed a placement of $556,050 coming from the issue of 1,010,999 shares at
the price of $0.55 per share and 1,010,999 warrants, each one giving the
holder the right to purchase a common share. The shares may not be traded
until October 9, 2006. Each warrant attached to the issued shares may be
exercised at the price of $0.65 per share until November 30, 2006 and at $0.75
per share until November 30, 2007.
Profit from the placement will be used as working capital and for
exploration work scheduled for 2006.
The Company has now issued 28,183,329 shares along with this placement.

The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.