SOURCE: Pavilion Energy Resources, Inc.

August 04, 2008 16:24 ET

Pavilion Energy Resources, Inc. Announces Corporate Restructure

Company Issues a Split/Dividend

BEVERLY HILLS, CA--(Marketwire - August 4, 2008) - Pavilion Energy Resources, Inc. (PINKSHEETS: PVRE) announced effective the close of business on July 25th, 2008, a 1 for 10 reverse split, with round ups to no less than a 100 shares per shareholder, followed with a 100% restricted stock dividend payable August 8, 2008.

The purpose of this recapitalization is to better position the Company for long-term shareholder value and future growth by the acquisition of performing assets.

If your shares are held in street name (held with a brokerage firm), we strongly urge you request your broker to provide you with a certificate in your name for your street holdings. Do not accept any excuse from your broker stating they cannot send you a certificate for the shares you own.

If you have any questions, please do not hesitate to contact our transfer agent or IR representation, listed below.

About Pavilion Energy Resources, Inc.

Pavilion Energy Resources, Inc. is an energy company focusing on the purchase, acquisition, and development of operating oil and natural gas properties. The Company is structured to profit by providing an exit strategy for small and mid-sized oil and gas drilling companies that are looking to sell off producing assets. Pavilion is building its asset base by purchasing in the ground, proven reserves accompanied by current cash flow. Pavilion Energy is a Delaware corporation with offices in Beverly Hills, CA, and Las Vegas, NV.

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact Information

  • Transfer Agent
    Executive Registrar & Transfer, Inc.
    Tel. 303-783-9055
    Jack Donnelly

    IR Representative
    SweeDee Communications, Inc.
    Tel. 480-399-4730
    Dee Smith