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Pennant Announces $2,000,000 Brokered Financing

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CALGARY, ALBERTA - Pennant Energy Inc. (TSX VENTURE:PEN) (the "Company") is pleased to announce that it has entered into an agreement with Secutor Capital Management Corporation and Industrial Alliance Securities (together, the "Agents"), in connection with a private placement financing of up to 2,777,777 units (the "Units") at a price of 18 cents per unit and 6,818,181 flow-through units (the

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