- Report of Foreign Issuer (6-K)
15 November 2010 - 11:01PM
Edgar (US Regulatory)
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 AND 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the
Period: November 15,
2010 File
No.
001-33511
DEJOUR ENTERPRISES
LTD.
(Name of
Registrant)
598-999 Canada Place,
Vancouver, British Columbia, Canada, V6C 3E1
(Address
of principal executive offices)
Indicate
by check mark whether the Registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Indicate
by check mark whether the Registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Institution
to Invest $2 Million in Dejour
Vancouver, British
Columbia,
November
1
5
, 2010
-- Dejour Enterprises Ltd.
(
NYSE-AMEX: DEJ / TSX:
DEJ)
announces
the
Company has entered into a definitive agreement to sell 7,142,858 common shares
and 4,642,858 share purchase warrants to a New York based institutional
investor, resulting in expected gross proceeds of approximately CAD$2 million.
The warrants have an exercise price of CAD$0.40 per share and a 5 year term from
the closing date of the transaction.
Dejour
intends to use the net proceeds from the offering to accelerate the previously
announced waterflood program at its Woodrush oil project in northeastern British
Columbia, retire certain debt obligations and supplement working
capital.
The
offering is expected to be completed or about November 16, 2010, subject to the
satisfaction of customary closing conditions, including the approval of the NYSE
Amex and the TSX.
A
portion of the offered securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the “1933 Act”), and such
securities may not be offered or sold in the United States or to, or for the
account or benefit of, U.S. persons (as defined in Regulation S under the 1933
Act absent registration or an applicable exemption from the registration
requirements of the 1933 Act. This announcement shall not constitute
an offer to sell or the solicitation of an offer to buy these securities, nor
shall there be any offer or sale of these securities in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such
jurisdiction.
Statements
Regarding Forward-Looking Information:
This news release contains statements
that may constitute "forward-looking statements" or “
forward-looking information”
w
ithin the meaning of applicable
securities legislation, including without limitation statements regarding the
expected
proceeds and
expected
closing date of
the offering, the use of proceeds from the offering, and the company
’
s growth potential.
Forward-lo
oking statements
are based on current expectations, estimates and projections that involve a
number of risks, uncertainties and other factors that could cause actual results
to differ materially from those anticipated by Dejour and described in the
forwar
d
-looking statements. These risks,
uncertainties and other factors include, but are not limited to, risks that the
closing conditions will not be satisfied and the offering will not close, risks
that the financial condition of Dejour, the condition of its
p
roperties, the conditions in the oil
& gas industry or conditions in the market will change and necessitate a
change in the use of the proceeds from this offering, adverse general economic
conditions, operating hazards, drilling risks, inherent uncertaint
i
es in interpreting engineering and
geologic data, competition, reduced availability of drilling and other well
services, fluctuations in oil and gas prices and prices for drilling and other
well services, government regulation and foreign political risks,
fluctuations in the exchange rate
between Canadian and US dollars and other currencies, as well as other risks
commonly associated with the exploration and development of oil and gas
properties. Additional information on these and other factors, which
cou
l
d affect Dejour
’
s operations or financial results, are
included in Dejour
’
s reports on file with Canadian and
United States securities regulatory authorities, including the
Dejour
’
s Annual Report of Form 20-F for
the year ended December 31,
2009
, as filed
with the United States Securities and
Exchange Commission. We assume no obligation to update forward-looking
statements should circumstances or management's estimates or opinions change
unless otherwise required under securities law.
The
TSX has not reviewed and does not accept responsibility for the adequacy or
accuracy of this news release.
Robert L.
Hodgkinson
, Co-Chairman &
CEO
|
Investor Relations
–
New
Yor
k
|
598
–
999 Canada
Place,
|
Craig
Allison
|
Vancouver, BC Canada V6C
3E1
|
Phone:
914.882.0960
|
Phone: 604.638
.5050 Facsimile:
604.638.5051
|
Email:
callison@dejour.com
|
Email:
investor@dejour.com
|
|
|
Dejour
Enterprises Ltd.
(Registrant)
|
|
|
|
|
|
Dated:
November 15, 2010
|
By:
|
/s/ Mathew
Wong
|
|
|
|
Mathew
Wong,
|
|
|
|
Chief
Financial Officer
|
|
|
|
|
|
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