Tuscany Energy Ltd. (TSXV:TUS) announced that it had engaged a financial advisor to identify and examine strategic alternatives for the purpose of enhancing shareholder value. Such review process is ongoing and may include a number of alternatives including a corporate transaction, consisting of a sale or amalgamation of the Company, an asset sale, an issue of new equity or debt instruments or a combination of any of these. There are no assurances or guarantees that the process will result in a transaction.