Loon Energy Corporation

Loon Energy Corporation

January 07, 2011 18:17 ET

Loon Energy Corporation: Issue of Shares for Services

CALGARY, ALBERTA--(Marketwire - Jan. 7, 2011) - Loon Energy Corporation ("Loon") (TSX VENTURE:LEY) announces that it has issued 3,500,000 common shares, at a deemed price of $0.13 per common share, in consideration of certain services provided to Loon by two officers and two directors of Loon. Loon now has 99,491,364 common shares issued and outstanding.

Contact Information

  • Loon Energy Corporation
    Norman W. Holton
    President & Chief Executive Officer
    (403) 264-8877