Brownstone Ventures Inc.

Brownstone Ventures Inc.

May 04, 2009 15:34 ET

Brownstone Announces Financing Increase

TORONTO, ONTARIO--(Marketwire - May 4, 2009) - Brownstone Ventures Inc. (TSX VENTURE:BWN), announced today that it has agreed with the agents (PowerOne Capital Markets Ltd) to increase the size of the financing described in its press release of earlier today to up to 15,000,000 Units from 10,000,000 Units. All of the other terms of the financing described in the May 4, 2009 release remain the same. Completion of the financing remains subject to regulatory approval.

About Brownstone - Brownstone Ventures Inc. is a Canadian-based, energy focused investment company with equity interests and direct interests in oil and gas exploration projects, including working interests in almost 300,000 acres in the Piceance/Uinta Basins of Colorado and Utah; 295km2 in the Assam/Arakan Basin, Northeast India; 253,000 acres in Rio Negro, Argentina; interests in several projects in Brazil and a 50% interest in approximately 160,000 hectares in the Quebec Lowlands. For additional information, please see Brownstone's website:

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