Transeuro Energy Corp.Transeuro Energy Corp.
TSX-V: TSU   $0.02   unch   Vol: 84030
Date: 05-06-2014   Time: 12:41 EST
Oslo Axess: TSU - link
Transeuro Energy Corp.
Transeuro Energy Corp.
Transeuro Energy Corp.
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Transeuro Energy Corp.

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 December 14, 2011
NEWS RELEASE -- INSIDER PARTICIPATION IN RIGHTS OFERING

 
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AUSTRALIA OR JAPAN

Vancouver, Canada: - Transeuro Energy Corp. (the "Company") announces that in line with the Prospectus, the following insiders of the company participated in the guarantee consortium for the Rights Offering and will be issued shares in the Company as described below.

Insider name Position Participation
in rights offering
TSU shares
in total
 
Antonio Pedro Paulo Director 435 925 506 525
Aage Thoen Director 12 532 853 14 380 726
David Worrall Officer/ Director 544 906 978 106


ABOUT THE COMPANY

Transeuro 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 owns 100% of a gas producing property located in British Columbia, Canada and has interest in gas exploration and appraisal developments in Crimea, Ukraine. In addition, the Company holds a back-in option to Eaglewood Energy Inc.'s exploration licenses in Papua New Guinea.

On behalf of the Board of Directors
Aage Thoen, Chairman

For further information contact:

Darren Moulds, IR, +1 403 705 1919
Karen Jenssen, IR, +47 91729787
http://www.transeuroenergy.com
 
 

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