Vancouver, Canada: - The period for trading in subscription rights (Oslo Axess ticker: "TSU T" / TSX-V ticker: "TSU.RT") in the rights issue of Transeuro Energy Corp. (the "Company") expires at 17:30 (CET) on Oslo Axess and at noon (Toronto time) on TSX-V today, 29th November 2011.
Any subscription right not sold prior the expiry of the relevant trading period or used to subscribe for new shares in the rights issue prior to the end of the subscription period will lapse and cease to carry any value. The subscription period in the rights issue will continue until 2nd December 2011 at 17:30 (CET) on Oslo Axess and at 5:00 p.m. (Toronto time) on TSX-V.
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
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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 Tue Nov 29, 2011 at 7:49:56 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. |