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ASX Trading Halt

30th Mar 2012 07:45

30 March 2012

TANGIERS PETROLEUM LIMITED

Tangiers Petroleum Limited (the Company) wishes to advise that the securities of the Company have been placed in a trading halt on the Australian Securities Exchange ("ASX") pending an announcement in relation to project results.

It is expected that an announcement will be released prior to the commencement of trading on Tuesday, 3 April 2012 and that trading in its securities will then resume on the ASX. The Company's shares will continue to trade on AIM during this period.

KRYSTEL KIROUJoint Company SecretaryTangiers Petroleum Limited14 Emerald TerraceWest Perth, WA, 6005Ph: +61 (8) 9322 2700Fax: +61 (8) 9322 7211www.tangierspetroleum.comContactsMr Mark CeglinskiChairman+61 8 9263 5205RFC Corporate Finance Limited (Nominated Adviser)Mr Stuart Laing+61 8 9480 2506Old Park Lane Capital PLC (Joint AIM Broker)Mr Michael ParnesMr Luca Tenuta+ 44 20 7493 8188Shore Capital Stockbrokers Ltd (Joint AIM Broker)Mr Jerry KeenMr Bidhi Bhoma+ 44 20 7408 4090Casimir Capital (Principal American Liaison)Mr Stephen Silver+1 212 798 1372

Mr Paul Youens / Mr Ed Portman (Media and Investor Relations - United Kingdom) Tavistock Communications +44 20 7920 3150

Mr Bill Kemmery Fortbridge Consulting +61 400 122 449


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