Dejour Retains Porter, LeVay & Rose, Inc.VANCOUVER -- Dejour Enterprises Ltd. (AMEX AMEX See: American Stock Exchange :DEJ DEJ Dermal-Epidermal Junction DEJ Deferred Entry of Judgment (court mandated program for nonviolent drug offenders) DEJ Dentoenamel Junction DEJ Dale Earnhardt, Junior )(TSX-V:DEJ) announces the company has retained Porter, LeVay & Rose, Inc. This boutique firm, with over 38 year's experience, specializes in investor relations Investor relations The process by which the corporation communicates with its investors. and corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. . Dejour has engaged the firm to provide assistance in shareholder communications, increase market awareness, raise the company's profile on Wall Street, and help acquire analyst coverage. Porter, LeVay & Rose is a full-service investor relations firm based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. with 38 years experience, representing a variety of public and private companies and financial institutions in the US and abroad, as well as substantial experience in the mining and energy field. Michael Porter, President of Porter, LeVay & Rose, Inc., stated, "We are very excited about representing Dejour Enterprises at this time in the energy markets and in the company's development. They have just announced an increase in production in the Peace River Arch, NE BC that brings their daily production to approximately 630 BOE/day. Dejour anticipates further production increases early in Q4-08, with significant development to follow in the coming winter drilling season in NE BC. With energy prices still well above last year's levels, we believe Dejour represents one of the energy markets more exciting investments. PLR PLR pupillary light reflex. is also closely monitoring for public conveyance Dejour's evolution of growth in Colorado's Piceance Basin." Dejour Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Robert L. Hodgkinson said, "We are pleased to have Porter, LeVay & Rose, Inc., effectively tell our story to the investment community, our shareholders and the financial media. Their decades of investor relations experience coupled with their special knowledge of capital markets attracted us to them. We understand the importance of this knowledge base in assisting us to convey accurately, effectively and timely the developing Dejour growth story to achieve our financial goals." Porter, LeVay & Rose, Inc. has been retained for an initial six month period ending February 29, 2009 with a retainer of US$12,000/ month, and is extendable with the mutual consent of both parties. In other business, Dejour has accepted the resignation of Mr. Cannaday as Director. About Dejour Dejour Enterprises Ltd, an active micro cap oil and natural gas explorer and producer, strategically assembles and develops North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. energy properties. The company has 150,000 net acres of premium energy assets in two of North America's most prolific areas. Flagship properties encompass 128,000 net acres in the U.S. Rocky Mountains and 22,000 net acres in Canada's Peace River Arch. Dejour's energy portfolio also includes a significant interest in uranium discovery through carried interests and control holdings of Titan Uranium, Inc. (TSX-V:TUE Tu´e n. 1. (Zool.) The parson bird. Tue, Tues abbr (= Tuesday) → ma ). Dejour, headquartered in Vancouver, British Columbia, maintains its operations offices in Denver, Colorado and Calgary, Alberta. The company is publicly traded on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. (Amex:DEJ) and 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. (TSX-V:DEJ). For further company details please refer to www.dejour.com. Statements Regarding Forward-Looking Information: Some statements contained in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially, including comments regarding the expectation that the offering will be completed consistent with the terms outlined above and use of proceeds from this transaction. Actual results may differ materially from those presented. Factors that could cause results to differ materially include fluctuations in oil, gas and uranium prices, changes in U.S. and Canadian securities markets and failure to receive regulatory approvals. Dejour assumes no obligation to update this information. There can be no assurance that future developments affecting the Company will be those anticipated by management. Please refer to the discussion of risk factors in our Form 20-F for 2006, as amended. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. |
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