Vancouver, Canada: - Transeuro Energy Corp. ("Transeuro" or the "Company") is pleased to announce that the Annual General Meeting ("AGM") will be held at 800, 350 -7th Avenue, SW, Calgary, Alberta, on Thursday, December 8, 2011 at 9:00 a.m. in the Vault Conference Room on floor B1.
At the meeting, the shareholders will receive the financial statements for the financial period ended December 31, 2010, together with the auditor's report thereon, and consider resolutions to:
1. set the number of directors at four for the ensuing year;
2. elect directors for the Company for the ensuing year;
3. appoint PricewaterhouseCoopers LLP, Chartered Accountants, as
auditor of the Company for the ensuing year and authorize the directors
to determine the remuneration to be paid to the auditor;
4. consider, and if thought advisable, to approve, by an ordinary
resolution, the adoption of a new incentive stock option plan on the
basis set out in the accompanying Circular, and
5. such other business as may properly be put before the Meeting.
The Company welcomes all shareholders to attend the Annual General Meeting this year in Calgary. The meeting will take a form of an open forum with an opportunity for shareholders present at the meeting to address the Chairman and the President of the Company.
ABOUT THE COMPANY
Transeuro is involved in the acquisition of petroleum and natural gas rights, the exploration for, and development and production of crude oil, condensate and natural gas. The Company owns 100% of a gas producing property located in British Columbia, Canada and has interest in gas exploration and appraisal developments in Crimea, Ukraine. In addition, the Company holds a back-in option to Eaglewood Energy Inc.'s exploration licenses in Papua New Guinea.
On behalf of the Board of Directors
Aage Thoen, Chairman
For further information contact:
Chris McGillivray, IR, +1 604 681 3939
Karen Jenssen, IR, +47 91729787
http://www.transeuroenergy.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Oslo Axess accepts responsibility for the adequacy or accuracy of this release. The statements contained in this release that are not
historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from the targeted results. The Company relies upon litigation protection for forward looking statements.
This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to our operations. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks,uncertainties and assumptions. See our Annual Information Form for a description of risks and uncertainties relevant to our business, including our exploration and development activities. Test production rates may vary from sustained production rates when developing a well or a deposit. The commerciality of any discovery can be affected by many factors including product prices, operating costs, capital costs,
government take and sustained production levels and ultimate recovery of hydrocarbons. Hydrocarbon indications from drilling or wireline log data do not necessarily mean that mobile hydrocarbons are present in the formation or can be produced.
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Copyright (c) 2011 TRANSEURO ENERGY CORP. (TSU) All rights reserved.
For more information visit our website at http://www.transeuroenergy.com/ or send mailto:info@transeuroenergy.com
Message sent on Fri Nov 18, 2011 at 8:09:33 AM Pacific Time
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Transeuro Energy Corp.
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CODE : TSU.V |
ISIN : 8936511093 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Transeuro Energy is a and oil exploration company based in Canada. Transeuro Energy holds various exploration projects in Armenia, in Canada, in Papua New Guinea and in Ukraine. Its main exploration properties are BEAVER-RIVER in Canada, CRIMEA in Ukraine and BLOCK 2 in Armenia. Transeuro Energy is listed in Canada and in United States of America. Its market capitalisation is CA$ 6.9 millions as of today (US$ 6.2 millions, € 4.9 millions). Its stock quote reached its highest recent level on August 05, 2005 at CA$ 3.20, and its lowest recent point on May 09, 2014 at CA$ 0.02. Transeuro Energy has 345 230 016 shares outstanding. |