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NEWS RELEASE
Pemberton to raise $2,000,000 in flow through and non flow through funds July 8, 2008 Calgary, Alberta, (TSX.V: PBT, FSE :P5W) Pemberton Energy Ltd. wishes to announce that it has entered into a private placement for up to $2,000,000. Private placement will consist of flow through (“ft”) shares and non flow through (“nft”) units. Each ft share is priced at $0.25 per share. Each nft unit is priced at $0.20 per share and consists of one non flow through share and one non flow through warrant entitling the holder to purchase an additional share at $0.30 for a period of one year from the date of issuance. This private placement is subject to the TSX Venture Exchange approval. Pemberton Energy Ltd. has engaged Paladin Capital Markets Inc. as an agent for this private placement of treasury units to finance its upcoming exploration programs. The agent has been granted a 15-per-cent over allotment option and will be paid a cash commission of 10 per cent and broker warrants, exercisable for two years, to acquire units equal to 10 per cent of the number of units and flow-through shares sold, subject to the TSX Venture Exchange approval. Pemberton Energy Ltd’s principal business is the acquisition, exploration and development of petroleum properties. The company continues to focus on its primary corporate objective: the creation of value for shareholders by identifying oil and gas accumulations with relatively low geological risk but with substantial reserve potential. For additional information please contact the Company at 604-269-9801 or info@pembertonenergy.ca On Behalf of Pemberton Energy Ltd. Ms. “Miroslava Antonuk”
For additional information please contact the Company at 604-269-9801 or info@pembertonenergy.ca
TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS HEREIN
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