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Stealth Energy Inc. Announces Private Placement
Stealth Energy Inc. is pleased to announce that it has arranged a non-brokered private placement of up to 10 million units at a price of $0.20 per unit for gross proceeds of up to $2,000,000.

VANCOUVER, BC, March 24, 2010 /24-7PressRelease/ -- Stealth Energy Inc. (the "Company") is pleased to announce that it has arranged a non-brokered private placement of up to 10 million units at a price of $0.20 per unit for gross proceeds of up to $2,000,000. Each unit consists of one common share and one common share purchase warrant entitling the holder to purchase an additional share at a price of $0.25 share for a period of 24 months from the date of issuance. A finder's fee may be paid to agents of the Company in an amount of up to 10% of the proceeds raised by such agents as part of this offering of units. The proceeds from the private placement will be used for general working capital.

Press Release Contact Information:

Carlo Nigro
Stealth Energy Inc.
Investor Relations / Office Mgr
1328 - 885 W. Georgia St.
Vancouver, BC
Canada V6C3E8
Voice: 604 669 7831
Fax: 604 669 7885
Website: Visit Our Website

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