American Stock Exchange Lists Common Stock of CanArgo Energy Corporation NEW YORK, April 21 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of CanArgo Energy Corporation under the ticker symbol CNR. CanArgo Energy Corporation is an independent oil and gas exploration and production company with its oil and gas operations currently located in the Republic of Georgia and the Caspian area. "We are pleased to welcome CanArgo to the growing number of innovative energy companies listed on the American Stock Exchange," said John McGonegal, senior vice president of the Amex Equities Group. "We look forward to working with CanArgo and building strong relationships within the investment community to enhance their innovation and success." Dr. David Robson, President and CEO of CanArgo said, "We are delighted to be listing on the American Stock Exchange. This will bring CanArgo increased visibility and credibility and I am confident it will provide a broader market for our stock as well as assisting greatly in accessing the international capital markets. I look forward to a long and fruitful relationship with the Exchange." The specialist in CanArgo Energy Corporation will be Weiskopf, Silver & Co. For further information on CNR and other Amex-listed companies, please visit http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 138 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: American Stock Exchange CONTACT: Lynn Duffy, American Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/

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