oil and gas well investing
crude oil exploration raises $250,000 in two financings
   

NEWS RELEASE

Pemberton to issue 200,000 shares for mineral rights

Further to the Company’s news release dated July 21, 2008 which announced that it has signed first of three mineral rights acquisition deals that are currently under negotiation and the Company's news release dated July 22, 2008 which announced that the Company has signed its second of the three mineral rights acquisition deals, Pemberton Energy Ltd. wishes to announce that in relation to such Petroleum and Natural Gas leases entered into by the Company it will issue 100,000 common shares in respect of each mineral rights acquisition deal for a total of 200,000 common shares.

Pemberton also wishes to announce that it has signed an acquisition agreement to acquire 100% right, title and interest in all mineral rights from the basement to surface of the Well LSD Property and all equipment used in connection therewith, and to issue 769,231 common shares at a deemed price of $0.13 per common shares having an aggregate value of $100,000.

On Behalf of Pemberton Energy Ltd.

“Richard Saxon”
__________________________
Richard Saxon, Director

For additional information please contact the Company at 604-269-9801 or info@pembertonenergy.ca

 

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