PR Newswire
London, February 16
16 February 2015 TANGIERS PETROLEUM LIMITED Prospectus Tangiers Petroleum Limited (ASX: TPT; AIM: TPET) ("Tangiers" or "the Company") would like to advise that it has lodged a Prospectus for the offer of up to 600,000,000 new shares ("Shares") at an issue price of A$0.01 per Share to raise up to A$6,000,000, with a minimum subscription of A$3,500,000, together with one (1) free attaching listed Option (exercisable at A$0.02 each and expiring 3 years from the date of issue) for every two (2) Shares subscribed for (the "Offer"). The Company reserves the right to accept oversubscriptions of up to a further 91,319,338 Shares at an issue price of A$0.01 per Share to raise up to a further A$913,193, together with one (1) free attaching listed Option (exercisable at A$0.02 each and expiring 3 years from the date of issue) for every two (2) Shares subscribed for. The maximum amount that may be raised under the Offer is therefore A$6,913,193 before the costs of the Offer. A copy of the Prospectus is available on the Company's website at www.tangierspetroleum.com. DAVID WALL Managing Director Tangiers Petroleum Limited Level 2, 5 Ord Street West Perth WA 6005, Australia Ph: + 61 8 9485 0990 www.tangierspetroleum.com Contacts RFC Ambrian Limited As Nominated Adviser Mr Oliver Morse / Ms Trinity McIntyre +61 8 9480 2500
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