Dejour Increases Private Placement to US$1.65mm.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Dejour Enterprises Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:DJE) has agreed to increase the maximum number of units issued for the non-brokered private placement previously announced on September 7, 2005, to 3,000,000 million units at US$0.55 (CAD CAD: see computer-aided design. (Computer-Aided Design) Using computers to design products. CAD systems are high-speed workstations or desktop computers with CAD software. $0.65) per unit, totaling US$1,650,000 (CAD$1,929,187), subject to regulatory approval. The offering will result in the issuance of a maximum of 3,000,000 common shares and 1,500,000 share purchase warrants exercisable at US$0.70 (CAD$0.83), expiring ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. twelve months from the date of closing. A four month hold period will apply to this placement from the date of closing, expected prior to the end of September, 2005. Dejour will pay a finders' fee of up to 5% in cash of the amount raised and issue a non transferable warrant to purchase a maximum of 300,000 shares at US$0.70 (CAD$0.83) per share, exercisable for twelve months from the date of closing. Net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). will be added to Dejour's working capital. About Dejour Enterprises Ltd. Dejour Enterprises Ltd. is a Canadian energy exploration and development company whose mission is to provide superior shareholder value by acquiring and developing unique and rewarding opportunities within today's burgeoning energy markets. The Company is listed on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. under the symbol (DJE). Refer to www.dejour.com for company details or contact Doug Cannaday, President. Shares Issued: 26,060,058 Last Close: 9/19/2005 - $ 0.63 The TSX Venture Exchange does not accept responsibility for the ad equacy or accuracy of this news release. Dejour Enterprises Ltd. (TSX VENTURE:DJE) |
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