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PRIVATE PLACEMENT INCREASED AND WARRANTS AMENDEDDecember 10th 2007Horizon Industries Ltd. - HRZ VANCOUVER, British Columbia – December 7, 2007 – Horizon Industries Ltd. (TSXV:HRZ), announces that the Company’s non-brokered private placement announced in the Company’s news release dated October 5, 2007 and amended on November 20, 2007, has been further amended. The private placement has been increased to comprise up to 2,600,000 shares in the capital stock of the Company at a price of $0.20 per unit for total gross proceeds of up to $520,000. Each unit will consist of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder thereof to purchase one additional share of the Company at a price of $0.30 per share for a period of two years from the date of Closing. The shares are subject to a four month hold period. The private placement is subject to regulatory approval. News Releases from Horizon Industries Ltd.:December 10th 2007 - ADDITIONAL 360 ACRES ACQUIRED AT NEW WAVERLY INCLUDING PROSPECTIVE RE- ENTRY WELLS & PRODUCTION FACILITES December 10th 2007 - NEXT WELL AT NEW WAVERLY UNDERWAY SUE ANN BROWDER #1 RE-COMPLETION COMMENCES
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