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Published on 10/29/2007 in the Prospect News PIPE Daily.

New Issue: Mirage Energy prices C$1.76 million flow-through shares

By Laura Lutz

Des Moines, Oct. 29 - Mirage Energy Ltd. arranged a private placement of flow-through shares for up to C$1.76 million.

The company plans to sell up to 8 million flow-through shares at C$0.22 each.

The placement will be non-brokered.

Calgary, Alta.-based Mirage will use the proceeds for exploration and development on its oil and natural gas properties.

Issuer:Mirage Energy Ltd.
Issue:Flow-through shares
Amount:C$1.76 million
Shares:8 million
Price:C$0.22
Warrants:No
Agent:Non-brokered
Pricing date:Oct. 29
Stock symbol:TSX Venture: MGE
Stock price:C$0.15 at close Oct. 26

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