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Re: News Releases - Friday, December 07, 2007
PRIVATE PLACEMENT INCREASED AND WARRANTS AMENDED
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VANCOUVER, British Columbia -- December 7, 2007 -- Horizon Industries
Ltd. (TSXV:HRZ), announces that the Company's non-brokered private
placement announced in the Company's news release dated October 5, 2007
and amended on November 20, 2007, has been further amended. The
private placement has been increased to comprise up to 2,600,000 shares
in the capital stock of the Company at a price of $0.20 per unit for
total gross proceeds of up to $520,000. Each unit will consist of one
common share and one share purchase warrant. Each share purchase
warrant will entitle the holder thereof to purchase one additional
share of the Company at a price of $0.30 per share for a period of two
years from the date of Closing. The shares are subject to a four month
hold period. The private placement is subject to regulatory approval.
On Behalf of the board of directors,
"Christopher Wensley"
Christopher Wensley, President
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of the content of this News Release. WARNING:
The Company relies on litigation protection for "forward looking"
statements. Actual results could differ materially from those
described in the news release as a result of numerous factors, some of
which are outside the control of the Company.
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Copyright (c) 2007 HORIZON INDUSTRIES LTD. (HRZ) All rights reserved.
For more information visit our website at
http://www.horizonindustriesltd.com/ or send
mailto:info@horizonindustriesltd.com
Message sent on Fri Dec 7, 2007 at 1:37:12 PM Pacific Time
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Petro Horizon Energy Corp.
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EXPLORATION STAGE |
CODE : PHE.V |
ISIN : CA7164501016 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Petro Horizon Energy is a and oil exploration company based in Canada. Its main exploration properties are NEW WAVERLY PROSPECT and FUNK PROSPECT in USA. Petro Horizon Energy is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.0 millions as of today (US$ 2.0 millions, € 1.6 millions). Its stock quote reached its lowest recent point on January 16, 2009 at CA$ 0.01, and its highest recent level on March 19, 2010 at CA$ 0.48. Petro Horizon Energy has 6 504 000 shares outstanding. |