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2006-0904 - Aspire Capital Inc. (CALS) Warrants

September 15, 2006



Class A and B purchase warrants were issued in conjunction with a Private Placement of Aspire completed in May 2006. The restriction period for both classes of warrants expires on September 19, 2006 and the warrants will be available for trading as of the same day.



The Class A warrants have an exercise price of $0.15 and expire on November 18, 2006. The total number of Class A warrants is 12,000,000 and each warrant is exercisable into one common share.



The Class B warrants have an exercise price of $0.25 and expire on May 18, 2007. The total number of Class B warrants is 12,000,000 and each warrant is exercisable into one common share.



Both classes of warrants contain standard anti-dilution provisions.



The company is engaged in the business of seeking gas reserves in the onshore region of the Gulf Coast of Louisiana, and intends to participate in several low to medium risk joint ventures in its quest for natural gas reserves and NGL liquids.



Listing and disclosure documents for Aspire are available in the CNQ Issuer Disclosure Hall



Trading Date: Tuesday, September 19, 2006

Symbol Class A: CALS.W.A

CUSIP: 04537P 11 6

Symbol Class B: CALS.W.B

CUSIP: 04537P 12 4



Applications are being accepted for Market Makers for "CALS.W.A" and "CALS.W.B". If you have any questions or require further information please contact Radhika Joseph at (416) 572-2000 X 2435 or E-mail: radhika.joseph@cnq.ca

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