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SEN Sentinel Rock Oil Corporation

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Share Name Share Symbol Market Type
Sentinel Rock Oil Corporation TSXV:SEN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Sentinel Rock Oil Corporation: Private Placement Closed

03/04/2009 4:11pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Sentinel Rock Oil Corporation (TSX VENTURE:SEN) ("Sentinel" or the
"Corporation") is pleased to announce that it has closed the second and final
tranche of its previously announced non-brokered private placement (the
"Sentinel Private Placement"). Sentinel sold 3,260,000 Common Shares for gross
proceeds of Cdn $163,000 in this second tranche. Overall, Sentinel sold a total
of 11,960,000 common shares for gross proceeds of $598,000 and paid no
commissions. The Corporation now has 40,453,855 common shares issued and
outstanding.


The net proceeds of the Sentinel Private Placement will be used by Sentinel to
pay outstanding payables and for general working capital purposes. The principal
reason for the Corporation to complete the Sentinel Private Placement was the
Corporation's working capital deficiency.


About Sentinel

Sentinel is a Calgary, Alberta based oil exploration company focusing on heavy
oil with operations in northern Alberta and western Saskatchewan.


1 Year Sentinel Rock Oil Corporation Chart

1 Year Sentinel Rock Oil Corporation Chart

1 Month Sentinel Rock Oil Corporation Chart

1 Month Sentinel Rock Oil Corporation Chart

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