SEN Sentinel Rock Oil Corporation

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Sentinel Rock Oil Corporation (TSX VENTURE:SEN) ("Sentinel") is pleased to
announce a non-brokered private placement (the "Sentinel Private Placement") in
one or more closings of up to 3,000,000 units ("Sentinel Units") at a price of
$0.35 per unit and up to 3,000,000 common shares issued on a "flow-through"
basis at a price of $0.45 per flow-through share for total gross proceeds of up
to $2,400,000. Each Sentinel Unit will consist of one common share in the
capital of Sentinel (a "Sentinel Common Share") and one common share purchase
warrant (a "Sentinel Warrant"), with each Sentinel Warrant entitling the holder
to acquire one additional Sentinel Common Share at a price of $0.55 for a period
of 24 months from the date of closing.


Proceeds of the flow-through share offering will be used to incur CEE on the
continuing exploration of the Sentinel's oil and natural gas properties prior to
December 31, 2009. Proceeds of the Sentinel Unit offering will be used for
general corporate purposes.


The Sentinel Private Placement will be subject to certain conditions including,
but not limited to, the receipt of all necessary approvals, including approval
of the TSX Venture Exchange.


Sentinel is a Calgary, Alberta based oil exploration company focusing on heavy
oil with operations in northern Alberta and western Saskatchewan.

Grafico Azioni Sentinel Rock Oil Corporation (TSXV:SEN)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Sentinel Rock Oil Corporation (TSXV:SEN)
Storico
Da Lug 2023 a Lug 2024