TIDMPTAL
RNS Number : 9501Z
PetroTal Corp.
20 September 2022
PetroTal Announces Results of Shareholders' Meeting, Director
Dealing, TVR and Other Corporate Items
Calgary, AB and Houston, TX - September 20, 2022 - PetroTal
Corp. ("PetroTal" or the "Company") (TSX-V: TAL, AIM: PTAL and
OTCQX: PTALF) is pleased to announce that all matters presented for
approval at the annual special meeting of shareholders held on
September 15, 2022 have been fully authorized and approved.
Annual General and Special Meeting on September 15, 2022
The Company welcomes two new directors (Messrs. Carranza and
Harris), and thanks retiring directors (Messrs.
Guidry and Ellson). The following are PetroTal's duly elected Directors:
Mark McComiskey - Chair
Manuel Pablo Zuniga-Pflucker - President and CEO
Eleanor Barker - Non-Executive Director
Luis Carranza - Non-Executive Director
Jon Harris - Non-Executive Director
Roger Tucker - Non-Executive Director
Gavin Wilson - Non-Executive Director
PSU Issue
The Company also announces that it has issued an aggregate of
5,547,808 Common Shares to employees pursuant to the obligation to
annually issue vested performance share units ("PSUs") to acquire
Common Shares under the Company's performance and restricted share
unit plan, as approved by the TSX Venture Exchange on December 12,
2019. Of the 5,547,808 Common Shares issued, 4,442,890 Common
Shares were issued to Officers.
Further details regarding the Company's PSU plan are set out in
the management information circular of the Company dated August 3,
2022 which is available on SEDAR at www.sedar.com .
Exercise of Investor Warrants
The Company has received a notice to exercise 878,220 Investor
Warrants at a price of 16 pence per Common Share from an investor
in relation to the Investor Warrants issued on June 12, 2020. The
Company received proceeds of GBP140,515 from the Investor Warrants
exercised and has issued 878,220 new Common Shares.
Exercise of Performance Warrants
The Company has received a notice to exercise 300,000
Performance Warrants at a price of $0.1869 per Common Share from a
warrant holder. The Company received $56,070 USD from the
Performance Warrants exercised and has issued 300,000 new Common
Shares.
Following the abovementioned warrant exercises, the Company will
have 59,875,687 and 1,603,440 Investor Warrants and Performance
Warrants, respectively, outstanding.
Admission to Trading and TVR
For the above issuances, application will be made to the London
Stock Exchange for the admission of, in aggregate, 6,726,028 Common
Shares to trading on AIM ("Admission") and to the TSXV for listing
of 6,726,028 Common Shares for trading on the facilities of the
TSXV. It is expected that Admission will become effective at 8:00
am London time on or around September 23, 2022.
Following Admission, the Company will have 858,921,187 Common
Shares issued and there are no shares held in treasury. For
purposes of the Disclosure Guidance and Transparency Rules, the
total number of voting rights in the Company is 858,921,187 Common
Shares. This figure may be used by shareholders as the denominator
for the calculations by which they determine if they are required
to notify their interest in, or a change of their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
PDMR Notification Form
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. Manuel Pablo Zuniga-Pflucker
2. Douglas Urch
------------------------------------------ ------------------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------------------
a) Position/status 1. President & Chief Executive Officer
2. Executive Vice President & Chief Financial
Officer
------------------------------------------ ------------------------------------------------------------
b) Initial notification /Amendment Initial notification
------------------------------------------ ------------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------------------------
a) Name PetroTal Corp.
------------------------------------------ ------------------------------------------------------------
b) LEI 21380047ER33PRH4XH56
------------------------------------------ ------------------------------------------------------------
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been conducted
--------------------------------------------------------------------------------------------------------
a) Description of the financial PetroTal Corp. Common Shares
instrument, type of instrument
Identification code CA71677J1012
b) Nature of the transaction Issue of Common Shares under the Company's
performance and restricted share unit
plan
------------------------------------------ ------------------------------------------------------------
c) Price(s) and volume(s)
Price Volume
n/a 3,310,577
n/a 1 ,132,313
----------------------------------------------------------------------- -----------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 15 September 2022
------------------------------------------ ------------------------------------------------------------
f) Place of the transaction TSX-V Exchange
------------------------------------------ ------------------------------------------------------------
ABOUT PETROTAL
PetroTal is a publicly traded, tri quoted (TSXV: TAL, AIM: PTAL
and OTCQX: PTALF) oil and gas development and production Company
domiciled in Calgary, Alberta, focused on the development of oil
assets in Peru. PetroTal's flagship asset is its 100% working
interest in Bretana oil field in Peru's Block 95 where oil
production was initiated in June 2018. In early 2020, PetroTal
became the largest crude oil producer in Peru. The Company's
management team has significant experience in developing and
exploring for oil in Peru and is led by a Board of Directors that
is focused on safely and cost effectively developing the Bretana
oil field. It is actively building new initiatives to champion
community sensitive energy production, benefiting all
stakeholders.
For further information, please see the Company's website at
www.petrotal-corp.com , the Company's filed documents at
www.sedar.com , or below:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manolo Zuniga
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt Communications
Mark Antelme / Jimmy Lea
petrotal@celicourt.uk
T : 44 (0) 208 434 2643
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: 44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
Tel: +44 (0) 20 7710 7600
Auctus Advisors LLP (Joint Broker)
Jonathan Wright
T: +44 (0) 7711 627449
Reader Advisories
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
READER ADVISORIES
FORWARD-LOOKING STATEMENTS: This press release contains certain
statements that may be deemed to be forward-looking statements.
Such statements relate to possible future events, including, but
not limited to: PetroTal's business strategy, objectives, strength
and focus; and the AGM. Forward-looking statements are often, but
not always, identified by the use of words such as "anticipate",
"believe", "expect", "plan", "estimate", "potential", "will",
"should", "continue", "may", "objective" and similar expressions.
The forward-looking statements are based on certain key
expectations and assumptions made by the Company. Although the
Company believes that the expectations and assumptions on which the
forward-looking statements are based are reasonable, undue reliance
should not be placed on the forward-looking statements because the
Company can give no assurance that they will prove to be correct.
Since forward-looking statements address future events and
conditions, by their very nature they involve inherent risks and
uncertainties. Actual results could differ materially from those
currently anticipated due to a number of factors and risks. Please
refer to the risk factors identified in the Corporation's most
recent annual information form and MD&A, which are available on
SEDAR at www.sedar.com. The forward-looking statements contained in
this press release are made
as of the date hereof and the Company undertakes no obligation
to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events
or otherwise, unless so required by applicable securities laws.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ROMMZGZLKGDGZZG
(END) Dow Jones Newswires
September 20, 2022 02:00 ET (06:00 GMT)
Petrotal (LSE:PTAL)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Petrotal (LSE:PTAL)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024