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Canatxx Energy Ventures, Inc.

Transaction Summary

McColl Partners, LLC acted as financial advisor to Canatxx Energy Ventures, Inc. ("Canatxx" or the "Company") in its raise of more than $17.5 million in equity.  UVEST Financial Services Group, Inc. served as co-advisor to McColl Partners.

The capital raising is part of the Company's plan to develop and operate the largest, most efficient salt cavern natural gas storage facility in the United Kingdom.  The project's unique location and Canatxx's proprietary, proven, state-of-the-art gas compression technology are expected to combine to create the highest flow rate storage facility in the United Kingdom.  Transco plc, the owner of the United Kingdom's gas pipeline system, projects a need for a four-fold increase in such storage capacity by 2007 due in part to declining supplies from historical supply basins off the west coast of the United Kingdom.

About Canatxx Energy Ventures, Inc.

Based in Houston, Texas, Canatxx is a fully-integrated international engineering, construction, and operations and maintenance company specializing in infrastructure development and turnkey projects, including natural gas storage, power plants, gas distribution, and water treatment facilities.  The Company specializes in the conception, development, and permitting of large energy-related projects using proprietary technology.

Canatxx was founded in 1988 to pursue opportunities in international deregulated private power generation and natural gas markets.  The Company's principals have managed leading international companies in offshore control systems, drilling, and infrastructure development, and hold several patents using technology to provide innovative solutions to customer's energy needs.  The Company has operations in the United States, United Kingdom, and Canada.

About McColl Partners, LLC

McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies.  With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Industrials and Building Products Group, please contact Brad Winer or Brian Davis at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.

"McColl Partners helped us raise more than $17.5 million of private capital in the most challenging energy market in recent memory. Despite the fallout from Enron and Dynegy, McColl Partners’ relationships with investors and relentless persistence helped to secure a very successful outcome for Canatxx."

Ross Hill

Chairman
Canatxx Energy Ventures, Inc.

"Canatxx’s natural gas storage project in Fleetwood, U.K. is a significant opportunity within the natural gas industry. The historical lack of gas storage infrastructure coupled with the deregulation of the U.K. gas market has created a unique situation. The principals of Canatxx have spent in excess of 10 years preparing for the construction of the Fleetwood project which is expected to provide significant efficiencies to the U.K. gas market and help to guarantee the security of gas supply within the United Kingdom."

Hugh McColl, Jr.

Chairman
McColl Partners, LLC

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