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Palladon Ventures receives approval for loan extension

2009-07-08 14:24 ET - News Release

Mr. John Cutler reports

PALLADON VENTURES RECEIVES TSX VENTURE EXCHANGE APPROVAL FOR THE FIRST EXTENSION TO THE LUXOR LOANS

Palladon Ventures Ltd. has received TSX Venture Exchange approval forthe first extension to the loans that were due to Luxor CapitalPartners LP on June 26, 2009. For further information on the Luxorloans and the extension agreement that was reached between the companyand Luxor, please see the company's news release in Stockwatch datedJune 26, 2009.

We seek Safe Harbor.

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