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Donnybrook Energy Inc

Published : July 24th, 2010

Financing Increased

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Keywords :   Oil | United States Of America |

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Coastport Capital Inc.
TSX VENTURE: CPP
FRANKFURT: C1J
Other Recent News

July 23, 2010
Coastport Capital Inc.: Financing Increased
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2010) -

NOT FOR DISSEMINATION INTO THE UNITED STATES OF AMERICA OR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Malcolm Todd, Chief Executive Officer of Coastport Capital Inc. (TSX VENTURE:CPP)(FRANKFURT:C1J) ("Coastport" or the "Company") reports that further to the Company's News Release dated July 13, 2010, the non-brokered private placement has been increased from $2,000,000 to $3,500,000. The private placement will consist of a combination of flow-through units ("FT Unit") at a price of $0.15 per FT Unit, and non-flow-through units ("NFT Unit") at a price of $0.125 per NFT Unit. Each FT Unit will consist of one flow-through common share and one half of one common share purchase warrant. Each NFT Unit will consist of one common share and one half of one common share purchase warrant. Each whole warrant will entitle the holder, on exercise, to acquire one non-flow-through common share for a period of 12 months, at a price of $0.20 during the first six months, and at a price of $0.30 during the following six months.

Fees and commissions will be payable in connection with the private placement. The private placement is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF COASTPORT CAPITAL INC.

Malcolm Todd, Chief Executive Officer


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

CONTACT INFORMATION:

Coastport Capital Inc.
Malcolm Todd
Chief Executive Officer
(604) 684-2356
Fax: (604) 684-4265
www.coastportcapital.com

INDUSTRY: Energy and Utilities - Oil and Gas

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Donnybrook Energy Inc
CODE : DEI.V
ISIN : CA2580111052
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Donnybrook Energy is a silver and gold exploration company based in Canada.

Donnybrook Energy holds various exploration projects in Ecuador.

Its main exploration properties are LA PLATA and LA PLATA VMS in Ecuador.
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Financings of Donnybrook Energy Inc
8/20/2010Private Placements Close
8/5/2010Additional Private Placement
7/14/2010$2,000,000 Private Placement
6/20/2007Completes $2,913,750 Private Placement
6/13/2007Completes $5,135,000 Private Placement
6/8/2007Private Placement Increased to $2.8 Million
Project news of Donnybrook Energy Inc
9/6/2012: Bigstone 13-33 Well Production Tubing Installed
5/28/2012Donnybrook Provides the Results of Independent Resource Stud...
1/27/2012: Bigstone Drilling & Operations Update
Corporate news of Donnybrook Energy Inc
4/16/2013Donnybrook Announces Closing of Asset Exchange and Arrangeme...
3/28/2013Donnybrook Announces Details of Anticipated Distribution of ...
2/25/2013Donnybrook Announces Agreement to Sell Simonette and Resthav...
8/1/2012: Montney Operations Update
4/10/2012: Bigstone and Simonette Montney Operations Update
2/29/2012Donnybrook to Spud Third Extended Reach Horizontal Montney W...
2/16/2012Donnybrook Continues to Prove Up Simonette Liquids Rich Mont...
2/2/2012Announces Conveyance of Assets
9/2/2011Enters Into Participation and Farm-Out Agreement
8/26/2011to Reorganize into Two Companies: Donnybrook Energy Inc=2E a...
8/25/2011Spuds Bigstone Horizontal Montney Well; Simonette Montney Lo...
6/22/2011: Deep Basin, West Central Alberta Update
4/13/2011: Deep Basin Operations Update
3/14/2011=2E: Resthaven-Simonette Montney Operations Update Bigstone ...
7/24/2010Financing Increased
6/30/2009has entered into a definitive purchase agreement
4/30/2008 and Cornerstone Declare Force Majeure in Ecuador
4/25/2008 Ecuador Update
1/21/2008Corporate Update
6/7/2007Provides a Review and Update of Interpreted Geophysical Resu...
5/28/2007Announces an Increase to the Overallotment Option Relating t...
5/28/2007Announces $2,000,000 Financing
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