Cancen Announces Appointment of Chairman, Private Placement of Units to CFO and Stock Option Grants

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Cancen Oil Canada Inc. (TSX VENTURE:COI) ("Cancen" or the "Company") a provider
of specialized services to the energy sector, is pleased to announce that it has
appointed Marvin Jones Chairman of the board of directors (the "Chairman") of
the Company (the "Board"). Mr. Jones has been a director of Cancen since October
2011 and has served as the Chairman of the audit committee since that time.


Also, Shankar Nandiwada, the Chief Financial Officer and Corporate Secretary of
the Company, has subscribed for 200,000 units ("Units") of the Company at a
price of $0.38 per Unit for total proceeds to the Company of $76,000 (the
"Private Placement"). Each Unit is comprised of one (1) common share in the
capital of the Company ("Common Share") and one (1) share purchase warrant
("Warrant") of the Company. Each Warrant entitles the holder thereof to acquire
one additional Common Share at a price of $0.50 for a period of five (5) years
from closing. The Units will be subject to resale restrictions imposed by
applicable securities laws and the policies of the TSX Venture Exchange Inc.
(the "Exchange").


The net proceeds of the Private Placement will be used for working capital and
general corporate purposes. Completion of the Private Placement is subject to
the approval of the Exchange.


Further, the Board has approved the grant of 450,000 stock options (the
"Options") to Mr. Shankar Nandiwada, CFO, 450,000 Options to Marvin Jones,
Chairman and 200,000 Options to Tom Bugg, independent Director, in accordance
with the terms of the Company's incentive stock option plan, subject to the
approval of the Exchange. The Options were issued with an exercise price of
$0.50 per Common Share and have a five (5) year term.


About Cancen

Cancen provides specialized services to the energy sector, specifically to
companies involved in the exploration, extraction and production of oil and
natural gas in Western Canada. Cancen develops and constructs facilities in
proximity to its customers to provide treatment of crude oil emulsion,
terminalling, storage and marketing of oil and disposal of production water.


Reader Advisory

This press release contains forward-looking statements and information that are
based on the beliefs of management and reflect the Company's current
expectations. When used in this press release, the words "estimate", "project",
"belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should"
and the negative of these words or such variations thereon or comparable
terminology are intended to identify forward-looking statements and information.
The forward-looking statements and information in this press release include
information relating to the securities issued pursuant to the Private Placement.
Such statements and information reflect the current view of the Company with
respect to risks and uncertainties that may cause actual results to differ
materially from those contemplated in those forward-looking statements and
information.


By their nature, forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results, performance
or achievements, or other future events, to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. Forward-looking statements are made based on
management's beliefs, estimates and opinions on the date that statements are
made and the Company undertakes no obligation to update forward-looking
statements if these beliefs, estimates and opinions or other circumstances
should change. Investors are cautioned against attributing undue certainty to
forward-looking statements.


The Company cautions that the foregoing list of material factors is not
exhaustive. When relying on Cancen's forward-looking statements and information
to make decisions, investors and others should carefully consider the foregoing
factors and other uncertainties and potential events. The Company has also
assumed that material factors will not cause any forward-looking statements and
information to differ materially from actual results or events. However, the
list of these factors is not exhaustive and is subject to change and there can
be no assurance that such assumptions will reflect the actual outcome of such
items or factors.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cancen Oil Canada Inc.
Ian Simister
President
[phone] ext 108
[e-mail]


Cancen Oil Canada Inc.
Brian Petersen
Managing Director, Capital Markets
[phone] ext 105
[e-mail]
www.cancenoilcanada.com