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Donnycreek Energy Closes Equity Financing

Net proceeds will be used to advance the drilling program at its Kakwa and Wapiti properties.

Additionally, John Swendsen was appointed as chairman of the board, effective immediately.

Net proceeds will be used to advance the drilling program at its Kakwa and Wapiti properties and to fund future land acquisitions.

Proceeds will be used to pay down debt, for general corporate purposes, and fund the acquisition in the Saskatchewan area.

Proceeds will be used for the acquisition of lands, exploration, development drilling, and working capital.

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