SHAMARAN PETROLEUM CORP. ("SNM") BULLETIN TYPE: Shares for Debt BULLETIN DATE: April 29, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 218,863,000 shares at a deemed price of CAD$0.105 to settle outstanding debt for USD$18,000,000.
Number of Creditors: 40 Creditors
The Company shall issue a news release when the shares are issued and the debt extinguished. ________________________________________
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