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Unitech Energy reports filing of its second quarter 2008 unaudited consolidated financial statements and clarifies securites issued under private placement
CALGARY, Aug. 27 /CNW/ - Unitech Energy Resources Inc. ("Unitech") (TSXV: URX) is pleased to anno...
About this update from Decimus Oil Corp.
[{"type":"text","content":"\n\n\n\nCALGARY, Aug. 27 /CNW/ - Unitech Energy Resources Inc. ("Unitech") (TSXV:\nURX) is pleased to announce the filing of its unaudited consolidated financial\nstatements for the three and six months ended June 30, 2008, and the\nManagement's Discussion and Analysis ("MD&A") dated August 26, 2008.\n\n\nAn electronic copy of these documents may be obtained on Unitech's SEDAR\nprofile at www.sedar.com. To the extent investors do not have access to the\ninternet, copies of the materials can be obtained on request without charge by\ncontacting Unitech.\n\n\nUnitech also announces that it has made a correction to the number of\ncommon shares ("Common Shares") and flow-through common shares ("Flow-Through\nShares") that were previously announced as being issued under its non-brokered\nprivate placement that was completed in two tranches on July 22, 2008 and\nJuly 28, 2008. Due to a clerical error, Unitech issued 100,000 less Common\nShares and 100,000 less Flow-Through Shares than previously disclosed. As a\nresult, Unitech issued a total of 5,699,100 Common Shares at a price of $0.05\nper Common Share and a total of 5,402,671 Flow-Through Shares at a price of\n$0.07 per Flow-Through Share for aggregate gross proceeds of $663,142. Unitech\ncurrently has a total of 41,488,661 Common Shares issued and outstanding.\n\n\nAbout Unitech Energy Resources Inc.\n\n\nUnitech uses its proprietary image analysis and pattern recognition\nsystem, called Leadscan, for a 'first look advantage' that drives Unitech's\nexploration strategy. Please visit Unitech's website at www.leadscan.ca.\nShares of Unitech are listed for trading on the TSX Venture Exchange under the\nsymbol URX.\n\n\nExcept for statements of historical fact, this news release contains\ncertain "forward-looking information" within the meaning of applicable\nsecurities law. Forward-looking information is frequently characterized by\nwords such as "plan", "expect", "project", "intend", "believe", "anticipate",\n"estimate" and other similar words, or statements that certain events or\nconditions "may" or "will" occur. Forward-looking statements are based on the\nopinions and estimates of management at the date the statements are made, and\nare...