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TWO T2 Metals Corp

0.21
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
T2 Metals Corp TSXV:TWO 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% 0.21 0.205 0.21 0.21 0.21 0.21 25,500 00:00:00

Twoco Petroleums Ltd. Announces Termination of Asset Sale & Development Arrangement

28/09/2012 11:00am

Marketwired Canada


Twoco Petroleums Ltd. ("Twoco" or the "Company") (TSX VENTURE:TWO) announced
that it had entered into an arm's length definitive agreement (the "Sale
Agreement") to sell 70% of its working interests in the Company's Sparky heavy
oil property in the Warspite area of Alberta to an oil and gas investment fund
(the "Fund") based in Seoul, Republic of Korea, for cash consideration of
Cdn.$28 million. Twoco has been informed that the Fund is no longer prepared to
proceed with the completion of the transactions contemplated in the Sale
Agreement.


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