Stealth Energy Inc.
STEALTH ENERGY INC. : Private Placement
STEALTH ENERGY INC. / Transaction in Own Shares/Corporate Action 24.03.2010 11:27 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- NEWS RELEASE Mon 22 Mar 2010 CNSX symbol: SLH News Release 04/10 Frankfurt symbol: S16 PRIVATE PLACEMENT Stealth Energy Inc. (the 'Company') is pleased to announce that it has arranged a non-brokered private placement of up to 10 million units at a price of $0.20 per unit for gross proceeds of up to $2,000,000. Each unit consists of one common share and one common share purchase warrant entitling the holder to purchase an additional share at a price of $0.25 share for a period of 24 months from the date of issuance. A finder's fee may be paid to agents of the Company in an amount of up to 10% of the proceeds raised by such agents as part of this offering of units. The proceeds from the private placement will be used for general working capital. Stealth Energy Inc. is a producing oil & gas company with its field office in Billings, Montana, USA. The company develops its own properties and continues to seek and make acquisitions, primarily within Montana and Wyoming. For further information please contact Carlo Nigro at (604) 669-7831 or stealthenergy@telus.net. Stealth Energy Inc. 'John Campbell' John Campbell President The Canadian National Stock Exchange (CNSX) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States. 24.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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