Enviro Energy International Holdings Limited Invests in Petromin Resources Ltd
Tuesday, 04 December 2007VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 4, 2007) - Petromin Resources Ltd. (TSX VENTURE:PTR) (the "Company") is pleased to announce a non brokered private placement of up to 5,000,000 common shares at a price of $0.55 per share for gross proceeds of CDN $2,750,000.00. Enviro Energy International Holdings Limited, a publicly traded Company listed on the Hong Kong GEM Market is the sole placee. The Company proposes to use the proceeds of the private placement for development of existing business operations, the investigation of new opportunities, and for general working capital purposes. The private placement is subject to TSX Venture Exchange approval.
On behalf of the Board of Directors of Petromin Resources Ltd.
Dr. A Ross Gorrell, Co-Chairman and President