Eureka issues shares for debt



    TSX-V: EUK

    VANCOUVER, Nov. 16 /CNW/ - Eureka Resources, Inc. (the "Company")
announces that it has completed a transaction to issue 311,898 common shares
in the capital of the Company (the "Common Shares") at a deemed price of
$0.59 per Common Share to settle an outstanding debt of $184,020.00 on
November 15, 2007. 129,695 Common Shares were issued to John J. O'Neill, a
Director of the Company, and 182,203 Common Shares were issued to 8907
Investments Ltd., a company controlled by John J. O'Neill. The Company
received approval for this transaction from the TSX-Venture Exchange on
November 13, 2007. The Common Shares are subject to resale restrictions
expiring four months and one day from the date of issuance.

    On behalf of the Company:

    "signed"
    --------
    John J. O'Neill
    President

    The TSX Venture Exchange has neither reviewed nor accepts responsibility
    for the adequacy or accuracy of this report.





For further information:

For further information: John J. O'Neill, Telephone (604) 608-6154

Organization Profile

Eureka Resources, Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890