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Donnycreek Energy Inc DONYF



GREY:DONYF - Post by User

Bullboard Posts
Comment by Dave4444on Jun 21, 2012 7:47pm
305 Views
Post# 20041775

RE: FANTASTIC!!!!!!!!

RE: FANTASTIC!!!!!!!!

CALGARY, ALBERTA--(Marketwire - June 20, 2012) - Treherne Resources Ltd. ("Treherne"), a private company controlled by Clayton H. Riddell, reports that on June 15, 2012, it acquired ownership and control of 1,941,000 common shares of Donnycreek Energy Inc. ("Donnycreek"), issued on a "flow-through" basis, representing approximately 9.42% of Donnycreek's outstanding common shares, through a non-brokered private placement (the "Offering"). On June 20, 2012, Treherne acquired a redeemable, convertible, unsecured debenture of Donnycreek in the principal amount of Cdn $500,000 (the "Debenture"). Assuming the Debenture was converted to, or redeemed for, common shares on the date hereof, Treherne would own or control a total of 2,441,000 common shares of Donnycreek representing approximately 11.57% of Donnycreek's outstanding common shares after giving effect to such conversion.

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