DEJOUR ENTERPRISES
LTD.:
Amex:”DEJ”/ TSX-V: “DEJ”
FOR
RELEASE:
November
1, 2007
Dejour to Re-price and Issue Stock Options
November 1, 2007 - Vancouver,
Canada
– Dejour Enterprises Ltd. (Amex: DEJ,
TSX-V: DEJ, D5R: Frankfurt)
Subject to TSX Venture Exchange approval, Dejour proposes re-price of 635,000 options previously
granted to certain consultants and investors relations persons at prices
ranging from CAD$2.35-2.50 to CAD$2.00 per share. The re-priced options will
maintain their current expiry dates and vesting periods.
Dejour
also proposes to grant 1,085,000 incentive stock options, exercisable at
CAD$2.00 for five years, subject to certain vesting provisions, to directors
and officers of the company. The granting of these options is subject to TSX
Venture Exchange approval.
The above proposals fall within the scope of the
existing corporate option plan.
About Dejour
Dejour
Enterprises Ltd. is a micro cap Canadian company focused on oil & gas
exploration and production with a significant investment in uranium discovery.
The company acquires high-impact energy assets and strategically monetizes them
to enhance shareholder returns.
Currently, Dejour
holds interests in over 60 separate exploration project areas (average interest
over 25%) in its search for and exposure to significant energy discovery in the
hydrocarbon bearing basins of Piceance/Uinta in
Colorado/Utah, the Peace River Arch of NE British Columbia/NW Alberta Canada,
and the uranium bearing Athabasca/Thelon Basins of Northern Canada through its
holdings of Titan Uranium (TSX-V: TUE) and associated carried/royalty
interests.
The
Company is listed on the Amex (DEJ), TSX Venture Exchange (DEJ.V), and
Frankfurt (D5R). Dejour is a reporting
issuer to the SEC. Refer to www.dejour.com for company details or
contact the Office of Investor Relations at investor@dejour.com
The TSX
Venture Exchange does not accept responsibility for the adequacy or accuracy of
this news release.
Robert L. Hodgkinson, Chairman & CEO
DEJOUR
ENTERPRISES LTD.
Suite 1100-808 West Hastings Street,
Vancouver, BC Canada V6C 2X4
Phone: 604.638.5050
Facsimile: 604.638.5051
Email: investor@dejour.com
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