11:49 AM EST - Pennine Petroleum Corporation : Will be undertaking a non-brokered financing of up to 50,000,000 units for proceeds of $1,500,000. Each unit is offered at $0.03, and shall consist of one common share, and one common share purchase warrant with an exercise price of $0.05 for a period of one year. Pennine Petroleum Corporation
shares V.PNN are trading unchanged at $0.03.