VANCOUVER, BRITISH COLUMBIA, November 1 /CNW/ - Dejour Enterprises Ltd.
(AMEX: DEJ)(TSX VENTURE:DEJ)(FWB:D5R) announces that subject to TSX Venture
Exchange approval, Dejour proposes re-price of 635,000 options previously
granted to certain consultants and investors relations persons at prices
ranging from CAD$2.35-2.50 to CAD$2.00 per share. The re-priced options will
maintain their current expiry dates and vesting periods.
Dejour also proposes to grant 1,085,000 incentive stock options,
exercisable at CAD$2.00 for five years, subject to certain vesting provisions,
to directors and officers of the company. The granting of these options is
subject to TSX Venture Exchange approval.
The above proposals fall within the scope of the existing corporate
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.
Currently, Dejour holds interests in over 60 separate exploration project
areas (average interest over 25%) in its search for and exposure to
significant energy discovery in the hydrocarbon bearing basins of
Piceance/Uinta in Colorado/Utah, the Peace River Arch of NE British
Columbia/NW Alberta Canada, and the uranium bearing Athabasca/Thelon Basins of
Northern Canada through its holdings of Titan Uranium (TSX-V: TUE) and
associated carried/royalty interests.
The Company is listed on the Amex (DEJ), TSX Venture Exchange (DEJ.V),
and Frankfurt (D5R). Dejour is a reporting issuer to the SEC. Refer to
www.dejour.com for company details or contact the Office of Investor Relations
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.
For further information:
For further information: Dejour Enterprises Ltd. Chairman & CEO Robert
L. Hodgkinson, 604-638-5050 Facsimile: 604-638-5051 email@example.com