4th Sep 2012 08:06
4 September 2012 TANGIERS PETROLEUM LIMITED Placement to raise £641,200
The Company is pleased to announce that it has accepted applications from new investors in the UK for the issue of 3,562,222 shares at £0.18 to raise approximately £641,200. This placement was conducted by Old Park Lane Capital PLC.
Application will be made for the new shares to be admitted to trading on both the ASX and the AIM market. Trading in the new shares is expected to commence on AIM on or around 10 September 2012.
KRYSTEL KIROUJoint Company SecretaryTangiers Petroleum LimitedLevel 6, 5 Mill StreetPerth WA 6000, AustraliaPh: +61 8 9485 0990 www.tangierspetroleum.comContactsMr Mark CeglinskiChairman+61 8 9485 0990 RFC Ambrian 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 4090
Mr Ed Portman (Media and Investor Relations - United Kingdom) Tavistock Communications +44 20 7920 3150
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