Lands End Resources Ltd.
CNQ : LAND

Lands End Resources Ltd.

July 09, 2008 18:45 ET

Lands End Resources Ltd.: Proposed Private Placement of Up to $2.0M

CALGARY, ALBERTA--(Marketwire - July 9, 2008) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA

Lands End Resources Ltd. (CNQ:LAND) (the "Company") is pleased to announce that it is proposing to complete a non-brokered private placement of common shares at $0.25 per share for aggregate proceeds of up to $2.0M. The private placement offering is not subject to minimum proceeds. The proceeds for the proposed private placement shall be used for working capital and to fund potential property acquisitions. Insiders of the Company may participate in the non-brokered private placement. The proposed private placement is subject to regulatory approvals. The Company anticipates that the private placement will close on or about July 23, 2008.

About Lands End Resources Ltd.

The Company is a public company that trades on the CNQ. The Company's focus is to explore for and develop oil and gas assets focusing on both domestic and international opportunities.

The CNQ does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Lands End Resources Ltd.
    Robert L. Pek
    President
    (403) 827-1208
    or
    Lands End Resources Ltd.
    850, 505 - 3rd St. SW
    Calgary, AB T2P 3E6