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TEZ Triton Energy Corp.

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Share Name Share Symbol Market Type
Triton Energy Corp. TSXV:TEZ TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Triton Announces Management Team Additions and Private Placement

23/04/2008 11:32pm

Marketwired Canada


Triton Energy Corp. (TSX VENTURE:TEZ) ("Triton" or the "Corporation") is pleased
to announce two additions to its management team: Robert Pinckston, P.Geol. and
Frank Raffin, P.Geoph.


Mr. Pinckston recently joined Triton as Manager, Exploration. He has 19 years'
experience in the oil and gas industry in Western Canada. He obtained a M.Sc.
Degree from the University of Alberta in 1989 and a B.Sc. (Honours) Degree in
1984. Prior to joining Triton, Mr. Pinckston operated his own consulting
company, SCE Resources Ltd., which he used for the purpose of generating
prospects for industry. Previously, he was Vice President at Highpine Oil & Gas
in 2006 and was Vice President, Exploration and co-founder of White Fire Energy
in 2005, which was acquired by Highpine, where he led multi-disciplined teams of
professionals. From 2001 to 2005 Mr. Pinckston was Exploration Manager and
co-founder of Tempest Energy, which was sold to Daylight Energy Trust, and made
the initial discovery at Ansell, Alberta for the successful Tempest spin off,
Open Range Energy. Mr. Pinckston has also held positions at Husky Energy,
Renaissance Energy and Tarragon Oil & Gas having drilled hundreds of wells
throughout Alberta and is a member of APEGGA, AAPG and the CSPG.


Mr. Raffin recently joined Triton as Manager, Geophysics. He has over 25 years'
experience in the oil and gas industry in Western Canada. He holds a B.Sc.
(Honours) Degree in Geology from the University of Alberta (1986) and a B.A.
(English Literature) from the University of Calgary (1980). Before joining
Triton, Mr. Raffin was Manager, Geophysics at Rockyview Energy Inc. where he was
responsible for all geophysical operations throughout the Peace River Arch as
well as Western and Central Alberta. Prior to that he held positions of
increasing responsibility with Gulf Canada, Equatorial Energy, Resolute Energy,
and Dunvegan Energy Ltd. Mr. Raffin also has extensive seismic processing and
well site experience and is a member of APEGGA, AAPG and the SEG.


Additionally, the Corporation announces that it has closed a non-brokered
private placement (the "Private Placement") with Mr. Pinckston and Mr. Raffin
totaling 650,000 units at $0.60 per unit, consisting of 650,000 common shares
and 650,000 non-transferable common share purchase warrants (the "Warrants").
Each Warrant entitles the holder to purchase one (1) common share for a period
of three (3) years at $0.60 per common share in the first year, $0.70 per common
share in the second year and at $0.80 per common share in the third year. The
common shares and any common shares issued pursuant to the exercise of the
Warrants are subject to a voluntary hold period of twelve (12) months.


Triton is a Calgary, Alberta based Corporation engaged in the exploration,
development and production of petroleum and natural gas. The Corporation's
common shares are listed on the TSX Venture Exchange under the trading symbol
"TEZ".


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1 Year Triton Energy Corp. Chart

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1 Month Triton Energy Corp. Chart

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