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DJEEF Dejour Enterprises (MM)

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Pre Market
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dejour Enterprises (MM) NASDAQ:DJEEF NASDAQ Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Dejour Closes CDN$7,950,000 Private Placement

02/03/2006 11:23pm

PR Newswire (US)


Dejour (NASDAQ:DJEEF)
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Dejour Enterprises Ltd. (TSX-V: DJE, TSX-V: DJE.WT, OTC: DJEEF) Shares Issued: 44,899,943 Last Close: 3/02/2006 - CDN $1.39 VANCOUVER, March 2 /PRNewswire-FirstCall/ -- Dejour Enterprises Ltd. (the "Company") has closed its brokered private placement, previously announced on February 6, 2006 raising gross proceeds of C$7,950,000 (the "Offering"). Pacific International Securities Inc. acted as agent (the "Agent") for the Offering. Pursuant to the terms of the Offering, the Company has sold 5,300,000 flow-through common shares at $1.50 per share. Dejour paid the Agent a cash commission of $477,000, representing 6.0% of the gross proceeds of the Offering. The Agent was also granted 424,000 compensation options, equal in number to 8.0% of the number of shares sold under the Offering. Each compensation option is exercisable to acquire one common share of the Company at an exercise price of $1.65 per common share. The compensation options may be exercised at any time and from time to time for a period of 18 months following the date of closing. The private placement is subject to final regulatory and TSX Venture Exchange approval. All securities issued pursuant to the Offering are subject to a four month hold period expiring on July 3, 2006. The Company plans to use the funds for exploration and development of the Company's uranium properties in Saskatchewan's Athabasca Basin and selected oil and gas projects. The flow through funds raised from this Offering will be Canadian exploration expenses (as defined in the Income Tax Act) and will be renounced for the 2006 taxation year. 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. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 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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