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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rage Energy Ltd. (Tier2) | TSXV:RAG | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Transeuro Energy Corp. ("Transeuro", or the "Company") (TSX VENTURE:TSU)(OSLO:TSU) announces that it has today received notice from Rohol-Aufsuchungs Aktiengesellschaft ("RAG"), its joint venture partner in the Ukraine, that RAG is withdrawing from the parties Dutch joint venture company, Scythian Energy. Scythian Energy indirectly controls all of the joint venture projects in the Ukraine. Transeuro is currently considering its options, including a review of whether RAG's withdrawal is compliant with the terms of the joint venture agreement and the conduct of the parties. Transeuro will continue to pursue its strategy in the Ukraine, however, may commence discussions with other potential partners to acquire RAG's interest. Transeuro Energy Corp. is involved in the acquisition of petroleum and natural gas rights, the exploration for, and development and production of crude oil, condensate and natural gas. The Company's properties are located in Canada, Armenia, Ukraine and, through majority ownership in Eaglewood Energy Inc., in Papua New Guinea. On behalf of the Board of Directors Harold Hemmerich, President and CEO This press release does not constitute an offer to sell or solicitation of an offer to sell any of the securities in the United States. The statements contained in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from the targeted results. The Company relies upon litigation protection for forward looking statements.
1 Year Rage Energy Ltd. (Tier2) Chart |
1 Month Rage Energy Ltd. (Tier2) Chart |
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