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PEMBERTON INCREASES THE PRICE OF SHARES FOR DEBT SETTLEMENT

2007-10-15 03:00:07.96

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TSX.V:PBT, FSE:P5W) Pemberton Energy Ltd. wishes to announce that it has re-priced previously announced on September 7, 2007 debt settlement for shares of up to $350,000 of its outstanding debt to $0.30 per unit.

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