Press release February 7, 2007
Tanganyika Oil Swedish Depository Receipts to be Listed on Stockholmsborsen
CALGARY, ALBERTA--(CCNMatthews - Feb. 7, 2007) - Tanganyika Oil Company Ltd. ("Tanganyika Oil" or the "Company") (TSX VENTURE:TYK)(FIRST NORTH:TYKS) is pleased to announce that Stockholmsborsen's Listing Committee has approved the Company's application for a primary listing of its Swedish Depository Receipts on Stockholmsborsen (the Stockholm Stock Exchange).
The first date of trading on Stockholmsborsen is scheduled for February 14, 2007. The last day of trading at First North is scheduled for February 13, 2007. The trading symbol "TYKS" will remain the same. The trading lot on the Stockholmsborsen will be 100 Swedish Depository Receipts. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "TYK".
"We are pleased to have been accepted onto Stockholmsborsen. This is a proud moment for Tanganyika as it is a reflection of the growth and maturity of the Company. We are confident that this listing will lead to a greater investor awareness of Tanganyika Oil and our world-class oil assets in the Middle East," comments Lukas Lundin, Chairman of Tanganyika Oil.
The prospectus concerning the listing will be published on Thursday February 8, 2007 and will be available on Tanganyika Oil's website, www.tanganyikaoil.com as well as on the website of E. Ohman J:or Fondkommission AB, www.ohman.se.
Tanganyika Oil Company Ltd. is a Canadian oil and gas company with production and exploration assets in Egypt and Syria. Its shares are traded on the TSX Venture Exchange under the symbol TYK and its Swedish Depository Receipts trade on First North, Stockholm (previously Nya Marknaden of the Stockholm Stock Exchange) under the symbol "TYKS".
For further information please contact:
Gary Guidry – President and Chief Executive Officer
(403) 716-4051
(403) 261-1007 (FAX)
Email: gary.guidry@tykoil.com
Arlene Weatherdon – Chief Financial Officer
(403) 716-4054
(403) 261-1007 (FAX)
Email: arlene.weatherdon@tykoil.com
Sophia Shane – Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
Email: sophias@namdo.com
Robert Eriksson – Investor Relations, Europe
Tel: +46-701-112615
Fax : +46-8-54501554
E-mail : robert.eriksson@tykoil.com
The following file is available for download:
Prospectus for listing of depository receipts, Tanganyika Oil Company Ltd. (in Swedish)
For the English version of the prospectus, please visit:
Tanganyika Oil's corporate web site.