TPD talon energy ltd
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News: TPD Talon Energy Says Binding Heads Of Agreement Executed With TMK Energy

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    11/10/23
    12:05
    Post #: 70285220

    Oct 11 (Reuters) - Talon Energy Ltd (TPD) :

    • BINDING HEADS OF AGREEMENT EXECUTED WITH TMK ENERGY TO CONSOLIDATE OWNERSHIP OF GURVANTES XXXV PROJECT TO TMK
    • DEAL FOR GROSS CONSIDERATION FOR TALON'S EARNED RIGHTS IS UP TO 1.10 BILLION SHARES IN TMK AND UP TO 550MLN LISTED OPTIONS IN TMK
    • BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS CO SHAREHOLDERS VOTE IN FAVOUR OF PROPOSED TRANSACTION WITH TMK
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