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To: Proud Deplorable who wrote (47474)3/31/2006 6:42:58 PM
From: Rocket Red  Read Replies (2) | Respond to of 312908
 
Dejour boosts second tranche to $3.15-million

2006-03-31 18:27 ET - News Release
Shares issued 46,004,208
DJE Close 2006-03-31 C$ 1.94

Mr. Robert Hodgkinson reports

Dejour Enterprises Ltd. has further increased the second tranche of units. Total units to be issued for the second tranche non-brokered private placement is 2,103,333 units. Each unit comprises one common share and one-half common share purchase warrant. Each whole warrant is exercisable into one common share at $1.65 per share until Dec. 31, 2007. The company has the right to trigger early exercise of the warrants should the closing price of the company's share be equal to or exceed $2.50 for seven consecutive trading days.

The total funds to be raised in the second tranche will be $3,155,000, subject to regulatory approval. The first tranche, as previously announced, was closed on March 10, 2006. Closing will be on or about April 7, 2006.