CALGARY, March 20 /CNW/ - (TSX.V:PBT, FSE :P5W) Pemberton Energy Ltd.
wishes to announce a non-brokered private placement for up to $500,000
consisting of non flow through units at $0.50. Each unit of the non flow
through private placement shall consist of one share and one share purchase
warrant entitling the holder to purchase an additional share at $0.60 in the
first year and $0.70 in the second years for a period of two years.
Pemberton Energy Ltd's principal business is the acquisition, exploration
and development of petroleum properties. The company continues to focus on its
primary corporate objective: the creation of value for shareholders by
identifying oil and gas accumulations with relatively low geological risk but
with substantial reserve potential.
On Behalf of Pemberton Energy Ltd.
Miroslava Antoniouk, Director
TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS
For further information:
For further information: please contact the Company at (604) 269-9801 or