PetroTal Corp. Director/PDMR Shareholding (1702U)
01 Diciembre 2021 - 1:00AM
UK Regulatory
TIDMPTAL
RNS Number : 1702U
PetroTal Corp.
01 December 2021
Director / PDMR Shareholding
Calgary and Houston - December 1, 2021-PetroTal Corp.
("PetroTal" or the "Company") (TSX--V: TAL, AIM: PTAL and OTC Pink:
PTALF) announces that Eleanor Barker, Non-Executive Director,
acquired 50,000 Common Shares in the Company on November 29, 2021
at CAD $0.304 per share.
As a result, Eleanor Barker's total beneficial interest in the
Company is 350,000 Common Shares, representing less than .01
percent of the Company's issued share capital.
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Eleanor Barker
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2 Reason for the notification
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a) Position/status Non-Executive Director
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b) Initial notification/Amendment Initial notification
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3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
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a) Name PetroTal Corp
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b) LEI ER 21380047ER33PRH56
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4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
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a) Description of the financial instrument, type of PetroTal Corp Common Shares
instrument
Identification code ISIN: CA71677J1012
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b) Nature of the transaction The acquisition of common shares of no par value each
in the Company
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c) Price(s) and volume(s) Price Volume
0.304 Canadian dollars per share 50,000
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d) Aggregated information- Aggregated volume
- Price 50,000 Common Shares
0.304 Canadian dollars per share
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e) Date of the transaction November 29, 2021
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f) Place of the transaction TSX-V Exchange
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ABOUT PETROTAL
PetroTal is a publicly traded, tri--quoted (TSXV: TAL, AIM: PTAL
and OTC: PTALF) oil and gas development and production Company
domiciled in Calgary, Alberta, focused on the development of oil
assets in Peru. PetroTal's flagship asset is its 100% working
interest in Bretana oil field in Peru's Block 95 where oil
production was initiated in June 2018. In early 2020, Petrotal
became the second largest crude oil producer in Peru. The Company's
management team has significant experience in developing and
exploring for oil in Peru and is led by a Board of Directors that
is focused on safely and cost effectively developing the Bretana
oil field. It is actively building new initiatives to champion
community sensitive energy production, benefiting all
stakeholders.
For further information, please see the Company's website at
www.petrotal-corp.com , the Company's filed documents at
www.sedar.com , or contact:
Douglas Urch
Executive Vice President and Chief Financial Officer
Durch@PetroTal-Corp.com
T: (713) 609-9101
Manuel Pablo Zuniga-Pflucker
President and Chief Executive Officer
Mzuniga@PetroTal-Corp.com
T: (713) 609-9101
PetroTal Investor Relations
InvestorRelations@PetroTal-Corp.com
Celicourt Communications
Mark Antelme / Jimmy Lea
petrotal@celicourt.uk
T : 44 (0) 208 434 2643
Strand Hanson Limited (Nominated & Financial Adviser)
Ritchie Balmer / James Spinney / Robert Collins
T: 44 (0) 207 409 3494
Stifel Nicolaus Europe Limited (Joint Broker)
Callum Stewart / Simon Mensley / Ashton Clanfield
Tel: +44 (0) 20 7710 7600
Auctus Advisors LLP (Joint Broker)
Jonathan Wright
T: +44 (0) 7711 627449
READER ADVISORIES
FORWARD-LOOKING STATEMENTS: This press release contains certain
statements that may be deemed to be forward-looking statements.
Such statements relate to possible future events, including, but
not limited to: PetroTal's business strategy, objectives, strength
and focus; and the impact of social disruption on the Company's
operations, including a potential field shutdown at Bretana. All
statements other than statements of historical fact may be
forward-looking statements. Forward- looking statements are often,
but not always, identified by the use of words such as
"anticipate", "believe", "expect", "plan", "estimate", "potential",
"will", "should", "continue", "may", "objective" and similar
expressions. The forward-looking statements are based on certain
key expectations and assumptions made by the Company. Although the
Company believes that the expectations and assumptions on which the
forward-looking statements are based are reasonable, undue reliance
should not be placed on the forward-looking statements because the
Company can give no assurance that they will prove to be correct.
Since forward-looking statements address future events and
conditions, by their very nature they involve inherent risks and
uncertainties. Actual results could differ materially from those
currently anticipated due to a number of factors and risks. Please
refer to the risk factors identified in the Company's annual
information form for the year ended December 31, 2020 and
management's discussion and analysis for the three and nine months
ended September 30, 2021 which are available on SEDAR at
www.sedar.com. The forward-looking statements contained in this
press release are made as of the date hereof and the Company
undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of
new information, future events or otherwise, unless so required by
applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
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