31st Mar 2006 07:00
Sefton Resources Inc30 March 2006 Sefton Resources, Inc. (the "Company" or "Sefton Resources") Directors shareholding/acquisition of remaining shares of subsidiary Further to its announcement on 21 February 2006, Sefton Resources is pleased toannounce that its offer to acquire all of the shares in TEG Oil & Gas Canada,Inc. ("TEG Canada") which were not owned by the Company has been accepted by allof the shareholders in TEG Canada. All shareholders accepted the share exchangeoffer, the key terms of which were set out in the announcement on 21 Februaryand this means that a total of 135,789,202 new common shares in the Company willbe allotted and issued to the TEG Canada shareholders. Application will today be made for the 135,789,202 new common shares to beadmitted to trading on AIM and admission is expected to occur on 6 April 2006.The new common shares will rank pari passu with the existing common shares. ENDS Enquiries Jim Ellerton, Chairman and Chief Executive Tel: 00 1 303 759 2700Jeremy Delmar-Morgan, Director Tel: 020 8748 4066 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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