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Re:   News Releases - Tuesday, March 26, 2013
      NEWS RELEASE -- SHARE PURCHASE AGREEMENT SIGNED AND
      IMPLEMENTATION SHARES ISSUED
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Calgary, Canada: - Transeuro Energy Corp. ("Transeuro" or the
"Company") announces that further to its press release dated February
28th 2013, the Company has executed the revised Share Purchase
Agreement (the "SPA") with YA Global Master SPV Ltd ("Yorkville"). The
Company has issued 7,040,023 shares ( the "Initial Implementation
Shares") to Yorkville at a deemed price of CAD 0.05, valued at NOK
2,000,000. The Initial Implementation Fee Shares are calculated as 2%
of the maximum aggregate funding from the SPA of NOK 100,000,000, that
is available to the Company from the SPA over the 3 year term. Under
the terms of the SPA, a further 1% (NOK 1,000,000) in shares will be
issued as the balance of the implementation fee to Yorkville coincident
with subsequent draw downs from the SPA.

Initially, no prospectus will be issued with the SPA and these
implementation shares and any other shares will be issued to Yorkville
pursuant to Canadian prospectus exemptions and are subject to a four
month hold period before the shares can be sold into the market. After
the expiration of the four month hold period Yorkville will be eligible
to sell these Implementation Shares into the market and the Company
will have the discretion to withdraw funds by selling additional shares
to Yorkville at an agreed discount and commission as described in the
revised SPA. The Company will expect to issue further shares to
Yorkville on an 'as needed' basis and according to the terms of the
revised SPA so as to support development of its existing assets and
implement its strategic plan. Project specific financing and other
funding activities will also be pursed as required. Separate
announcements will be made for all subsequent share issuances under the
SPA.

In connection with the execution of the SPA, the Company and Yorkville
have amended the Loan Agreement entered into in May 2012.  Under the
revised terms the Loan Agreement, the remaining principal and interest
will be repaid in three installments in August 2013, December 2013 and
April 2014. 

Aage Thoen, Chairman commented, "The Share Purchase Agreement is
considered an efficient tool for raising smaller amounts of money to
support the Company's activities, particularly at higher share prices
and larger trading volumes. The SPA and other funding activities will
be used to support the Companies strategy of pursuing new oil projects
that can deliver short term oil revenues and cash flow. The relatively
small volume of shares issued and the extended periods of time for each
issuance are not expected to creating undue downward pressure on the
share price."


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. 

On behalf of the Board of Directors
Aage Thoen, Chairman

For further information contact:  
                                        Darren Moulds, CFO, +1 403 705
1919
     http://www.transeuroenergy.com

Yorkville Advisors LLC    Brian Kinane +44 (0) 207 451 0009


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, the use of funds drawn down under the SPA, the sale by
Yorkville of the Implementation Shares after four months and the
expectation of the Company to issue further shares to Yorkville on an
as-needed basis pursuant to the terms of the SPA,. Such forward-looking
statements reflect our current views with respect to future events and
are subject to certain risks, uncertainties and assumptions, including
the future trading price and volume of the Company's shares. See our
Annual Information Form for a description of risks and uncertainties
relevant to our business, including our exploration and development
activities.

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Copyright (c) 2013 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 Mar 26, 2013 at 7:36:46 AM Pacific Time
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