07/10/2003 - 22:00

Kalrez Energy Ltd - 30-Sep-03

07/10/2003 - 22:00

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Kalrez Energy Ltd - 30-Sep-03

Kalrez Energy Ltd - 30-Sep-03

A placement of 180,000,000 ordinary shares are to be issued for total proceeds of $900,000.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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