Carmen Energy Inc. Announces Closing of Second Tranche of Prospectus Offering

CALGARY, Jan. 30, 2012 /CNW/ - Carmen Energy Inc. ("Carmen" or the "Corporation") is pleased to announce that it has completed the second and last tranche of its previously announced public offering of common shares issued on a flow-through basis under the Income Tax Act (Canada) and units (the "Units") at a price of $0.23 per Unit.  Macquarie Private Wealth Inc. acted as agent for the offering and at this closing 1,594,000 Units were issued for aggregate gross proceeds of $366,620.  Each Unit comprises of one common share of the Corporation (a "Common Share") and one half of one Common Share purchase warrant (each whole warrant a "Warrant").  The Units were distributed pursuant to a final prospectus filed December 12, 2011.

About Carmen Energy Inc.

Carmen is based in Calgary, Alberta and a publicly traded oil and gas exploration and production company. The focus is on exploration and development of Western Canadian Sedimentary Basin based oil and gas properties. The current projects are the Jumpbush properties in south eastern Alberta, the Ferrybank properties in central Alberta, the Sylvan Lake area properties in southern Alberta, the Viking-Kinsella properties in Alberta and the Hamburg properties in north western Alberta.

ON BEHALF OF THE BOARD OF DIRECTORS

Mr. Brian Doherty, President, CEO and Director
Contact: brian.doherty@carmenenergy.ca; (403) 537-5590

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.


SOURCE Carmen Energy Inc

For further information:

Mr. Brian Doherty, President, CEO and Director
Contact: brian.doherty@carmenenergy.ca; (403) 537-5590

Profil de l'entreprise

Carmen Energy Inc

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