Antrim Energy Inc. announced that it has entered into an agreement with Crown Point Ventures Ltd. whereby Crown Point will acquire all of the issued and outstanding common shares of Antrim's Argentina subsidiary, Antrim Argentina S.A., by way of plan of arrangement under the Business Corporations Act (Alberta). The combined company will be led by the existing Crown Point management team and board of directors. As part of the arrangement, Crown Point will appoint Dr. Brian Moss, Antrim's Executive Vice President, Latin America and a member of Antrim's Board of Directors, to Crown Point's board of directors following closing of the arrangement.