DXI Capital Corp. (DXIEF)

[**D*A**]

Everything happens for a reason. IMO-here is why the price has been held down.

Institution to Invest $2 Million in Dejour
Dejour Enterprises Ltd (AMEX:DEJ)
Intraday Stock Chart
Today : Monday 15 November 2010
Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) announces the Company has entered into a definitive agreement to sell 7,142,858 common shares and 4,642,858 share purchase warrants to a New York based institutional investor, resulting in expected gross proceeds of approximately CAD$2 million. The warrants have an exercise price of CAD$0.40 per share and a 5 year term from the closing date of the transaction.

Dejour intends to use the net proceeds from the offering to accelerate the previously announced waterflood program at its Woodrush oil project in northeastern British Columbia, retire certain debt obligations and supplement working capital.

The offering is expected to be completed or about November 16, 2010, subject to the satisfaction of customary closing conditions, including the approval of the NYSE Amex and the TSX.

A portion of the offered securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and such securities may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act absent registration or an applicable exemption from the registration requirements of the 1933 Act. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Statements Regarding Forward-Looking Information: This news release contains statements that may constitute "forward-looking statements" or “forward-looking information” within the meaning of applicable securities legislation, including without limitation statements regarding the expected proceeds and expected closing date of the offering, the use of proceeds from the offering, and the company’s growth potential. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those anticipated by Dejour and described in the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, risks that the closing conditions will not be satisfied and the offering will not close, risks that the financial condition of Dejour, the condition of its properties, the conditions in the oil & gas industry or conditions in the market will change and necessitate a change in the use of the proceeds from this offering, adverse general economic conditions, operating hazards, drilling risks, inherent uncertainties in interpreting engineering and geologic data, competition, reduced availability of drilling and other well services, fluctuations in oil and gas prices and prices for drilling and other well services, government regulation and foreign political risks, fluctuations in the exchange rate between Canadian and US dollars and other currencies, as well as other risks commonly associated with the exploration and development of oil and gas properties. Additional information on these and other factors, which could affect Dejour’s operations or financial results, are included in Dejour’s reports on file with Canadian and United States securities regulatory authorities, including the Dejour’s Annual Report of Form 20-F for the year ended December 31, 2009, as filed with the United States Securities and Exchange Commission. We assume no obligation to update forward-looking statements should circumstances or management's estimates or opinions change unless otherwise required under securities law.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release