By Sheri Kasprzak
New York, Feb. 21 - Dejour Enterprises Ltd. said it has upsized to C$8.25 million its previously announced C$6.4 million private placement.
The company will now sell 5.5 million flow-through shares at C$1.50 each.
Pacific International Securities Inc. is the placement agent.
The deal priced on Feb. 6 as a C$6.4 million offering of 4 million flow-through shares at C$1.60 each.
The amended deal is scheduled to close on Feb. 28.
Proceeds will be used for exploration on the company's Canadian uranium properties.
Vancouver, B.C.-based Dejour is an oil, natural gas and uranium exploration and development company.
| Issuer: | Dejour Enterprises Ltd.
|
| Issue: | Flow-through shares
|
| Amount: | C$8.25 million
|
| Shares: | 5.5 million
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| Price: | C$1.50
|
| Warrants: | No
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| Placement agent: | Pacific International Securities Inc.
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| Pricing date: | Feb. 6
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| Upsized: | Feb. 21
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| Settlement date: | Feb. 28
|
| Stock symbol: | TSX Venture: DJE
|
| Stock price: | C$1.56 at close Feb. 6
|
| Stock price: | C$1.27 at close Feb. 21
|
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