Huntleys' Stock of the Week Acclaim Exploration Announces Farmin...

Huntleys' Stock of the Week


Acclaim Exploration Announces Farmin - Oil and Gas Prospects
Wednesday May 14, 2008, 9:46 am

Original Announcement: Farmin - Oil and Gas Prospects

Acclaim Exploration announced it has reached agreement to earn leasehold and working interests, and attributable net revenue interests, in various oil and gas prospects: Maria Prospect, Galveston Bay Prospect, and South Sprint Prospect. The Company also reported that it has reached agreement to place 150m FPO shares in the capital of Acclaim, together with 150m free attaching options (exercisable at 4 cents each on or before 30 June 2010), to raise $1.5m from clients of Aegis Partners. Funds raised will be used to meet the acquisition costs of the South Sprint prospect and to enhance working capital, including meeting obligations pursuant to the proposed farm-in arrangements.
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i own shares in this company ,but still cannot believe huntley put his name beside it.


http://au.biz.yahoo.com/080513/38/1qoiu.html