09:47 AM EST - Desmarais Energy Corp. : said it has settled with a group of unsecured creditors for either a blend of cash and shares or a cash only settlement. The total accounts payable involved in the settlement is $505,513. In aggregate, the company will issue 474,730 shares and $55,507 cash. Desmarais Energy Corp.
shares V.DES are trading even at $0.12.
