2009-08-10-2008-07-01-2008-07-01

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
CA$1.5MM
Description

Purchased shares and warrants for up to 14.6% stake in co.

Brownstone Ventures Inc., Toronto, (CDNX: BWN) has acquired 2.5 million shares of Mooncor Oil & Gas Corp., Calgary, (Toronto Venture: MOO) for approximately C$1.5 million. Brownstone also received warrants to acquire another 2.5 million shares at C$0.30 each. If the warrants are fully exercised, Brownstone will hold 14.6% of the outstanding shares of Mooncor, and with its joint actors it will hold 18.2%.