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Published on 3/11/2009 in the Prospect News PIPE Daily.

New Issue: Firstland arranges C$2 million private placement of stock

By Devika Patel

Knoxville, Tenn., March 11 - Firstland Energy Ltd. said it will conduct a C$2 million private placement of shares.

The company will sell 8 million common shares at C$0.25 per share.

Firstland is a junior oil and gas exploration and production company based in Calgary, Alta.

Issuer:Firstland Energy Ltd.
Issue:Common shares
Amount:C$2 million
Shares:8 million
Price:C$0.25
Warrants:No
Pricing date:March 11
Stock symbol:TSX Venture: FLD
Stock price:C$0.27 at close March 11

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