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Press release from TheNewswire.ca

CANADA GAS SETS OPTIONS

Tuesday, January 25, 2011

CANADA GAS SETS OPTIONS21:10 EST Tuesday, January 25, 2011(via Thenewswire.ca) Vancouver, British Columbia, Canada - January 25th, 2011 - Canada Gas Corp. (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) ("Canada Gas" or the "Company") announces that effective the date of this news release it has cancelled 300,000 previously granted stock options (granted earlier this month at a price of $0.22 as per news releases dated January 6th, 2011 and January 10th, 2011). Effective the date of this news release, the Company is granting options to purchase an additional 300,000 common shares of the Company to officers and consultants of the Company at an exercise price of $0.30 per share for a period of five years. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For more information on Canada Gas, please visit www.canadagas.ca or call 604.685.5851. All of the above is subject to TSX.V and regulatory acceptance. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. On Behalf of the Board, CANADA GAS CORP. "Chad McMillan" President & CEO This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Copyright (c) 2011 Thenewswire.ca - All rights reserved.