19.11.2007 20:24:00
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Dejour Closes Private Placement
Dejour Enterprises Ltd. (AMEX:DEJ) (TSX-V:DEJ) ("Dejour") is pleased to
announce the closing of one million flow-through common shares ("Shares”)
at a price of CAD$1.82 per Share, in a non-brokered private placement in
Canada.
Shares issued in this private placement are subject to a four-month
holding period.
Insiders purchased a total of 670,000 Shares (CAD$1.2M) of this private
placement.
The participants of this private placement are:
Beneficial Owners
Relationship with the Company
Number of Shares
Amount (in CAD$)
Robert L.Hodgkinson
Chairman and CEO
450,000
$ 819,000
Mathew Wong
CFO
60,000
$ 109,200
Independent Directors
Directors
160,000
$ 291,200
Others
N/A
330,000
$ 600,600
Total
1,000,000
$1,820,000
No finders’ fees will be paid in connection
with the placement of the Shares. The closing of the placement and the
issuance of the Shares is conditional upon approval of the listing of
the Shares on the American Stock Exchange and the TSX Venture Exchange.
The aggregate proceeds from the placement are intended to complete
funding of the $8mm CEE portion of the company’s
initial $16mm E&P program currently underway in Canada, the balance of
which is funded from working capital.
About Dejour
Dejour Enterprises Ltd. is a micro cap Canadian company focused on oil &
gas exploration and production with a significant investment in uranium
discovery. The company acquires high-impact energy assets and
strategically monetizes them to enhance shareholder returns.
The Company is listed on the American
Stock Exchange (DEJ), TSX Venture Exchange (DEJ.V), and Frankfurt
(D5R). Refer to www.dejour.com
for company details or contact the Office of Investor Relations at investor@dejour.com.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.
Robert L. Hodgkinson, Chairman & CEO DEJOUR ENTERPRISES LTD.
Suite 1100-808 West Hastings Street, Vancouver, BC Canada V6C 2X4
Phone: 604-638-5050 Facsimile: 604-638-5051 Email: investor@dejour.com
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