Lands End Resources Ltd.

Lands End Resources Ltd.

November 01, 2007 10:06 ET

Lands End Announces Closing of Initial Public Offering

CALGARY, ALBERTA--(Marketwire - Nov. 1, 2007) - Lands End Resources Ltd. ("Lands End" or the "Company") is pleased to announce that it has closed its initial public offering ("IPO") of a minimum of 1,500,000 common shares and a maximum of 2,500,000 common shares (the "Common Shares") at a price of $0.20 per Common Share. The maximum was subscribed for resulting in total gross proceeds of $500,000. Research Capital Corporation acted as agent for the IPO.

Lands End has received conditional listing approval from CNQ for the Common Shares to trade under the trading symbol "LAND". The Company expects that the Common Shares will commence trading on Monday, November 5, 2007.

The net proceeds from the IPO will be used to participate in oil and natural gas exploration, development and production opportunities in the Western Canadian Sedimentary Basin and internationally.

Contact Information

  • Lands End Resources Ltd.
    Robert L. Pek
    (403) 827-1208