Crew Energy Inc. ("Crew") (TSX:CR) and Gentry Resources Ltd. ("Gentry")
(TSX:GNY) are pleased to jointly announce that Gentry received today shareholder
and court approvals for the previously announced Plan of Arrangement pursuant to
which Crew will acquire all of the issued and outstanding common shares of
Gentry on the basis of 0.22 of a common share of Crew for each outstanding
common share of Gentry (the "Transaction"). Shareholders of Gentry voted in
excess of 87% in favour of the Transaction.


Subject to the satisfaction of customary closing conditions, the Transaction is
expected to become effective on August 22, 2008.


Forward Looking Statements

This press release contains forward looking statements and forward looking
information within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "estimate", "believe", "forecast" and familiar
expressions are intended to identify such forward looking statements.
Specifically, this press release contains forward looking statements relating to
the anticipated completion of the proposed Transaction and the anticipated
timing for completion of the Transaction. Crew and Gentry have provided these
anticipated times in reliance on certain assumptions that they believe are
reasonable at this time, including the timing and receipt of the necessary
approvals and the satisfaction of the conditions to closing of the Transaction.
Accordingly, readers should not place undue reliance on the forward looking
statements and information contained in this press release concerning the
satisfaction of such conditions, approvals or the timing thereof. The forward
looking statements and information contained in this press release are made as
of the date hereof and Crew and Gentry undertake no obligation to update
publicly or revise any forward looking statements or information, whether as a
result of new information, future events or otherwise, unless so required by
applicable securities laws.


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