Cantex Energy Corp. Corporate Update to Shareholders

Cantex Energy Corp. (Pink Sheets:CTXE), "the Company,"
has been receiving several calls from shareholders that are enquiring
as to the recent dip in the value of the Company shares. Management
would like to report that there are no material changes in the Company
affairs and that the Big Canyon Prospect in West Texas is on schedule
to commence the forty-two miles of seismic work later this month.
   To hear more on the Company, shareholders are encouraged to visit
the Company's web site where a recent interview with the Company
president has been posted.
   In addition, the Company wishes to confirm that it has executed
the closing of a $250,000 private placement, as announced April 19,
2006, and is now funded to allow for the completion of the 1.6 million
dollar geophysical work program. The Company still plans to accept an
additional $250,000 in subscriptions that are expected to close within
the next ten business days with use of proceeds for use as general
working capital.
   Trace Maurin, President of Cantex commented, "We encourage our
valued shareholders to be patient as we approach the commencement date
of this very unique opportunity in one of the last under-explored,
world-class potential gas plays with no geopolitical risks."
   Cantex Energy Corp. is an independent, managed risk, oil and gas
exploration, development, and production company headquartered in San
Antonio, Texas. The Company's additional focus is the optimal
exploitation and development of approximately 1,200 acres known as the
West Ant Hills Prospect located in Niobrara County Wyoming.
   Cantex Energy Corp., is a Non-Reporting Company, quoted on the
Pink Sheets, having filed a Form 211 pursuant to Rule 15c211 under the
Exchange Act, with the NASD Compliance Unit. See www.pinksheet.com for
real time quotes, how to trade pink sheet stocks, how to protect
yourself and additional stock information.
   Purchasing shares in Cantex Energy Corp., involves a speculative
investment with substantial risks, and although the Company intends to
use its best efforts to enhance the value of the Shares, there is no
assurance that the Company's operations will be successful. For more
information about Cantex Energy Corp. (Pink Sheets:CTXE) please
contact Deborah Walters, Phone: [phone], or visit their website
at www.cantexenergy.com.

   Except for historical information contained herein, the statements
in this Press Release are forward-looking statements that are made
pursuant to the safe harbor provisions in the Private Securities
Legislation Reform Act of 1995. Forward-looking statements involve
known and unknown risks and uncertainties, which may cause Cantex
Energy's actual results in future periods to differ materially from
forecasted results. These risks and uncertainties include, among other
things: the potential that no commercial quantities of oil are found
or recoverable, the price of oil and gas, geological problems that
prevent us from reaching drilling targets and specific risks such as
the Company's ability to raise financing and risks inherent in Cantex
Energy's operations. These and other risks are described in Cantex
Energy's Form 15c211 and other filings with the NASD and Securities
and Exchange Commission.