WESTFIRE ENERGY $44,000,000 CAD

 
Calgary, Alberta - (Marketwire - March 9, 2011) - WestFire Energy Ltd. ("WestFire" or the "Company") (TSX:WFE) is pleased to announce that it has closed its previously announced public offering (the "Offering") of common shares ("Common Shares"). An aggregate of 4,862,000 Common Shares, including full exercise of the over-allotment option, were issued on a bought deal basis at a price of $9.05 per Common Share for gross proceeds of $44.0 million.
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ALLIED GOLD $80,000,000 USD
PALLISER OIL AND GAS $7,000,000 CAD
CROWN POINT VENTURES $13,086,155 CAD
KAGARA LIMITED $25,000,000 AUD
SPARTAN OIL CORP $28,751,380 CAD
EASTMAIN RESOURCES $5,750,000 CAD
BRIGUS GOLD CORP $8,170,000 CAD
SILVER LAKE RESOURCES $70,000,000 AUD
RAMELIUS RESOURCES $40,000,000 AUD
CANADA COAL $4,300,000 CAD
TEMEX RESOURCES $2,660,000 CAD
RAMBLER METALS $10,000,000 USD
BASE OIL & GAS $16,800,172 CAD
ARGENTEX MINING $10,005,000 CAD
TANZANIAN ROYALTY $30,000,000 USD
SANDSTORM METALS $48,757,500 CAD
AM GOLD INCORPORATED $3,500,000 CAD
CANADIAN ENERGY $6,127,795 CAD
PRODIGY GOLD $25,025,500 CAD
SHORELINE ENERGY $39,303,580 CAD
LION ONE METALS $14,269,335 CAD
ALLIED GOLD LIMITED $93,800,000 AUD
MERREX GOLD $10,170,000 CAD
WHITECAP RESOURCES $148,600,000 CAD
PALLISER OIL AND GAS $10,001,600 CAD
DEETHREE EXPLORATION $130,668,500 CAD
WESTFIRE ENERGY $44,000,000 CAD
GOLDEN PREDATOR $22,770,000 CAD
MEADOW BAY GOLD $9,253,750 USD
PRIMARY PETROLEUM $17,250,552 CAD

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