CALGARY, Sept. 28 /CNW/ - Raimount Energy Inc. ("the Company") has
received regulatory approval and TSX Venture Exchange approval to conduct a
Rights Offering on the following basis:
Offering: One (1) Right will be issued for each share held. 5 Rights and
$1.10 are required to purchase one Share.
Record Date: October 2, 2007
Shares Trade Ex-Rights: September 28, 2007
Rights Called for Trading: September 28, 2007
Rights Trade for Cash: October 19, 2007
Rights Expire: October 23, 2007
Rights Trading Symbol: RMT.RT
Subscription Agent and Trustee: Computershare Investor Services Inc.
Authorized Jurisdiction (s): British Columbia, Alberta, Saskatchewan,
Manitoba, Ontario, and Nova Scotia
Effective at the opening on Friday, September 28, 2007, the shares of the
Company will trade Ex-Rights and the Rights will commence trading at that time
on a 'when-issued basis'.
As at September 14, 2007 the Company had 2,479,458 shares issued and
For further details, please refer to the Company's Rights Offerings
Circular dated September 14, 2007 and filed on SEDAR as project no. 01139907.
Raimount Energy Inc.
"Gregory A. Vavra"
President and CEO
For further information:
For further information: Gregory A. Vavra, President, Raimount Energy
Inc., Telephone: (403) 265-6292, Fax: (403) 265-2110