Columbus Energy Limited

December 17, 2009 18:26 ET

Columbus Energy Limited: 14,000,000 Unit Private Placement to Raise $700,000

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 17, 2009) - Columbus Energy Limited (TSX VENTURE:CEL) -

The Company has negotiated, subject to regulatory approval, a 14,000,000 unit private placement at $0.05 per unit to gross $700,000. Each unit will consist of one common share and a transferable five year purchase warrant allowing the purchaser to purchase an additional share at a price of $0.10. A finder's fee will be paid on a portion of the placement.

Neither 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 release.

Contact Information

  • Columbus Energy Limited
    Douglas W. Scheving
    Director and Corporate Secretary
    1 604 684 7619
    1 604 684 7346 (FAX)