TG World Energy Corp. Announces Results of Special Meeting

TG World Energy Corp. (TSX VENTURE:TGE) ("TG World" or the "Company") is pleased
to announce that, at the special meeting of its securityholders held this
morning, the securityholders overwhelmingly approved the Company's proposed
arrangement with TVI Pacific Inc. ("TVI") under the Business Corporations Act
(Alberta). Securityholders voted 99.79% in favour of the arrangement and the
arrangement also received the required majority of the minority approval.
Shareholders also voted 99.92% in favour of a conversion price of $0.05 per
share with respect to the Company's $1,317,500 principal amount convertible
promissory note previously issued to TVI.


On Wednesday, March 9, 2011, the Company is scheduled to seek a final order for
the approval for the arrangement by the Court of Queen's Bench of Alberta. If
the Court approves the arrangement, it is anticipated that the arrangement will
be completed on or about March 10, 2011.


Corporate Profile

TG World is a Calgary-based, junior international oil and gas company with
exploration, development and production operations in the Philippines, Alaska
and Niger. 


TG World (BVI) Corp. (a wholly-owned subsidiary of TG World) is partnered with
operator Nido Petroleum Ltd., Kairiki Energy Ltd. and Trafigura Ventures III BV
in a joint venture for Service Contract 54A in the North West Palawan Basin of
the Philippines. 


TG World Energy Inc. (a wholly-owned subsidiary of TG World) is partnered with
operator Brooks Range Petroleum Corp., Alaska Venture Capital Group, Brooks
Range Development Corp. and Ramshorn Investments Inc. in a joint venture that is
pursuing oil and gas opportunities on the Central North Slope of Alaska. 


TG World Petroleum Ltd. (a wholly-owned subsidiary of TG World) is partnered
with operator CNPCIT, a unit of the China National Petroleum Company, in the
Tenere Block oil and gas concession in the Republic of Niger, Africa.