Alange Energy announces resignation of director

TORONTO, June 22 /CNW/ - Alange Energy Corp. (TSXV: ALE) announced today that Mr. Jose Mauricio Salgar has tendered his resignation from the Company's board of directors effective immediately. Mr. Salgar has resigned due to the conflict of interest requirements of his employer, which is acquiring a business that may do business in the future with Alange Energy.

Mr. Salgar joined the board of directors in July 2009. While serving as a director of Alange Energy, Mr. Salgar was a member of the Audit Committee and the Reserves Committee.

"We would like to thank Mr. Salgar for his dedicated service to Alange Energy, its board of directors and its shareholders," said the Company's Chief Executive Officer, Luis E. Giusti, "and we wish him well in his future endeavours."

The Company has commenced a search to replace Mr. Salgar on the board of directors and will announce his replacement in due course.

Alange Energy is a Canadian-based oil and gas exploration and production company, with working interests in 12 properties in four basins in Colombia. Further information can be obtained by visiting our website at www.alangeenergy.com.

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 news release.

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For further information: Peter Volk, General Counsel & Secretary, 416-360-4653, ext. 223