Dejour Enterprises Ltd.

Dejour Enterprises Ltd.

March 17, 2005 20:43 ET

Dejour Closes $5,250,000 Private Placement




MARCH 17, 2005 - 20:43 ET

Dejour Closes $5,250,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 17, 2005) - Dejour
Enterprises Ltd. (the "Corporation") (TSX VENTURE:DJE) has closed its
private placement announced on February 18, 2005 and has raised gross
proceeds of CDN$5,250,000. Pacific International Securities Ltd. (the
Agent") acted as agent to the private placement.

Pursuant to the terms of the private placement, 8,076,923 units (the
"Units") were sold to subscribers at a price of $0.65 cents per Unit.
Each Unit consists of one common share and one half of one transferable
common share purchase warrant (each whole share purchase warrant, a
"Warrant"). Each Warrant is exercisable into one additional common share
of the Corporation at an exercise price of $0.80 per common share until
March 17, 2007.

The Agent was paid a commission in a combination of cash and 174,253
Units, totalling 7.0% of the gross commission eligible proceeds raised.
The Agent has also received a corporate finance fee in a combination of
cash and 11,538 Units totalling $16,050.

In addition, the Agent has received compensation options to purchase up
to 717,692 Units at $0.70 per unit. Each unit consists of one common
share and one half of one non-transferable common share purchase
warrant. Each whole warrant will be exercisable into one common share
until March 17, 2007, at an exercise price of $0.85.

All securities issued pursuant to the financing are subject to a hold
period until July 18, 2005.

The Corporation plans to use the funds for exploration and development
of the Corporation's uranium properties in Saskatchewan's Athabasca
Basin and for working capital purposes.

Dejour Enterprises Ltd. is a Canadian energy exploration and development
company whose mission is to provide superior shareholder value by
developing unique and rewarding opportunities within today's burgeoning
energy markets. Please refer to for further details.

This news release does not constitute an offer to sell or a solicitation
of an offer to sell any of the securities in the United States. The
securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "US Securities Act") or
any state securities laws and may not be offered or sold within the
United States or to persons in the United States unless registered under
the US Securities Act and applicable state securities laws or an
exemption from registration is available.

Shares Issued: 17,445,962

Last Close: 3/05/2005 - $ 0.78


Contact Information

    Dejour Enterprises Ltd.
    Robert L. Hodgkinson
    (604) 684-6886
    (604) 684-6866 (FAX)
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.