Dejour to Raise US$1.95 Million Privately

    VANCOUVER, BRITISH COLUMBIA, November 9 /CNW/ - Dejour Enterprises Ltd.
(AMEX:  DEJ)(TSX VENTURE:DEJ) (FWB:D5R) ("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

    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

    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 for company
details or contact the Office of Investor Relations at

    The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.

    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.

For further information:

For further information: Dejour Enterprises Ltd. Robert L. Hodgkinson,
Chairman & CEO, 604-638-5050 Facsimile: 604-638-5051 Email:

Organization Profile


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