Share Purchase Plan Results
The Board of Triangle Energy (Global) Limited (ASX:TEG) announces the results of its recent Share Purchase Plan (SPP) which closed at 5:00 pm WST on Thursday 17 March 2011.
A total of 40 allotments for A$387,250 worth of new fully paid TEG ordinary shares were received. This new capital will assist the Company in funding its work-over program for its Pase A-1 and A-2 wells to commence next month.
The allotment of new TEG shares and dispatch of holding statements for those shareholders who have taken up their allocation in the SPP is expected to occur today, Thursday 24 March 2011 and these new shares are expected to commence trading on the ASX on Thursday 24 March 2011.
The total number of shares on issue following the allotment of these new SPP shares will be 1,346,388,791 shares.
If shareholders have any questions regarding their SPP application, please call TEG’s share registry on +61 (0) 8 9315 2333.
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