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Previously Exercised Options

24th Dec 2012 07:00

TANGIERS PETROLEUM LIMITED - Previously Exercised Options

TANGIERS PETROLEUM LIMITED - Previously Exercised Options

PR Newswire

London, December 24

24 December 2012 TANGIERS PETROLEUM LIMITED PREVIOUSLY EXERCISED OPTIONS

Tangiers Petroleum Limited (ASX:TPT, AIM:TPET, "the Company") wishes to advisethat it has applied for the admission to trading on AIM of 180,001 fully paidordinary shares in the Company that have previously been issued as a result ofthe exercise of options in the Company at an exercise price of A$0.16. Theseshares have previously been quoted in the total number of shares on issue buthad not yet been admitted to AIM. Trading in the new shares on AIM is expectedto commence on or around 28 December 2012.

As previously notified, the Company currently has 130,429,576 fully paidordinary shares on issue.

KRYSTEL KIROUJoint Company SecretaryTangiers Petroleum LimitedLevel 2, 5 Ord StreetWest Perth WA 6005, AustraliaPh: +61 8 9485 0990 www.tangierspetroleum.comContactsRFC 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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