Result Energy Inc. Announces Closing of $2.3 million Private Placement

About this update from Route 109 Resources Inc.

[{"type":"text","content":"\n\n\n\nCALGARY, Aug. 8 /CNW/ - Result Energy Inc. ('Result'; TSX-V: RTE)\nannounces that on August 8, 2008 it completed an expedited non-brokered\nprivate placement of common shares related to the land acquisition in the Horn\nRiver Basin, which was previously announced on July 14, 2008.\n\n\nThe securities issued will be subject to a four-month hold period from\nthe date of closing. Following completion of this placement, Result has\n63,487,660 common shares outstanding.\n\n\nResult Energy Inc. is a publicly traded Canadian energy company involved\nin the exploration and development of oil and gas properties in western\nCanada. Result trades on the TSX Venture Exchange under the symbol "RTE".\n\n\nThe TSX Venture Exchange does not accept responsibility for the\nadequacy and accuracy of this release.\n\n\n","length":907,"tagName":"div"}]

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