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Published on 6/25/2009 in the Prospect News PIPE Daily.

New Issue: TransAtlantic wraps C$162.32 million private placement of common stock

By Devika Patel

Knoxville, Tenn., June 25 - TransAtlantic Petroleum Corp. settled a C$162.32 million private placement of shares on Monday, according to an 8-K filed Thursday with the Securities and Exchange Commission.

The company sold 98,377,300 common shares at C$1.65 per share.

Calgary, Alta.-based TransAtlantic is an oil and natural gas exploration company.

Issuer:TransAtlantic Petroleum Corp.
Issue:Common shares
Amount:C$162,322,545
Shares:98,377,300
Price:C$1.65
Warrants:No
Settlement date:June 22
Stock symbol:Toronto: TNP
Stock price:C$1.95 at close June 22

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