PRESS
RELEASE
DEJOUR
ENTERPRISES
LTD.:
Amex:”DEJ”/
TSX-V: “DEJ”
FOR
RELEASE:
November
9, 2007
Dejour to
Raise US$1.95 Million Privately
November
9, 2007 - Vancouver, Canada –
Dejour Enterprises Ltd. (AMEX: DEJ/ TSX-V: DEJ) (“Dejour”) announces its intent
to issue one million flow-through common shares (“Shares”) at a price of
US$1.95 (Cdn.$1.82) per Share, in a non-brokered private placement in Canada,
subject to regulatory hold periods.
Up to 740,000 of the Shares are
allocated to insiders of Dejour.
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.
This announcement does not
constitute an offer to sell, nor is it a solicitation of an offer to buy,
securities. The Shares have not been registered under the United States
Securities Act of 1933, as amended (the “Securities Act”) or the securities
laws of any other jurisdiction, and may not be offered or sold in the United
States without registration under, or an applicable exemption from, the
registration requirements of the Securities Act.
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
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
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.