Westbow Energy Inc.

April 10, 2006 17:09 ET

Westbow Energy Inc. Announces Increased Private Placement Offering Memorandum Financing

CALGARY, ALBERTA--(CCNMatthews - April 10, 2006) - Westbow Energy Inc. (TSX VENTURE:WBW) ("Westbow" or the "Company") announces that it is increasing the size of its offering under the non-brokered Private Placement financing via Offering Memorandum, previously announced on March 27, 2006, by an amount of $500,000, through the issuance of a further 555,555 flow-through common shares at a price of $0.90 per flow through share. All other terms and conditions of the original offering remain unchanged.

Closing of the financing is expected to occur on, or about, April 28, 2006, and is subject to the approval of the TSX Venture Exchange.

The proceeds of the offering will be used to fund the Company's ongoing exploration and development drilling program.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Westbow Energy Inc.
    Daniel P. O'Neill
    President & CEO
    (403) 269-1995
    Westbow Energy Inc.
    J. L. Holloway
    Vice President Finance
    (403) 269-1995
    (403) 269-1994 (FAX)