Dejour Closes Private Placement CDN. $6.5 Million
December 29 2005 - 3:44PM
PR Newswire (US)
Dejour Enterprises Ltd. (TSX-V: DJE/OTC:DJEEF) Shares Issued:
39,016,789 Last Close: 12/28/2005 - $1.05 VANCOUVER, Dec. 29
/PRNewswire-FirstCall/ -- Dejour Enterprises Ltd. (the Company) has
closed, subject to regulatory approval, its private placement
previously announced in November 28, 2005 having raised gross
proceeds of C$6.5 million. Pursuant to the terms of the private
placement, Dejour Enterprises Ltd. has sold 4,217,500 units at
$0.95 and 2,300,000 flow-through common shares at $1.05 per share.
Each unit comprises of one common share and one half common share
purchase warrant. Each whole warrant is exercisable into one common
share at $1.10 per share until December 14, 2007. The Company has
the right to trigger early exercise of those warrants should the
closing price of the Company share be equal to or exceed $1.66 for
twenty consecutive trading days. Dejour will pay a finders' fee of
up to 5% in cash and provide a finders' warrant of up to 10% of the
shares/units placed, subject to regulatory approval. The finders'
warrants will have the same terms as those issued as part of the
units. The hold periods for shares and warrants are: Shares
Investors' Warrants Finders' Warrants ------ -------------------
----------------- April 23, 2006 397,000 - 39,700 April 24, 2006
1,250,000 500,000 115,000 April 29, 2006 842,500 168,750 80,875
April 30, 2006 4,128,000 1,490,000 268,126 --------- ---------
------- 6,617,500 2,158,750 503,701 About Dejour Enterprises Ltd.
Dejour is a Canadian energy company devoted to exploring for
uranium, oil and gas leveraging the opportunities that exist as a
result of the global market's decreasing conventional supply and
increasing demand for energy. The Company is listed on the TSX
Venture Exchange under the symbol (DJE). Refer to
http://www.dejour.com/ for company details or contact Doug
Cannaday, President. 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 V6C 2X4 Phone:
604.638.5050 Facsimile: 604.638.5051 Email: DATASOURCE: Dejour
Enterprises Ltd. CONTACT: Robert L. Hodgkinson, Chairman & CEO,
DEJOUR ENTERPRISES LTD., Suite 1100-808 West Hastings Street,
Vancouver, BC, V6C 2X4, Phone: (604) 638-5050, Facsimile: (604)
638-5051, Email:
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