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Published on 12/14/2004 in the Prospect News PIPE Daily.

New Issue: Luke Energy raises C$2.5 million in private placement of shares

By Caroline Salls

Pittsburgh, Dec. 14 - Luke Energy Ltd. said it raised C$2.5 million in a private placement.

The company issued 806,452 flow-through common shares at C$3.10 each.

The offering is expected to close Dec. 21.

Based in Calgary, Alta., Luke Energy is an oil and gas company.

Issuer:Luke Energy Ltd.
Issue:Flow-through shares
Amount:C$2.5 million
Shares:806,452
Price:C$3.10
Warrants:No
Announcement date:Dec. 14
Settlement date:Dec. 21
Stock price:C$2.95 at close Dec. 14

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