/KASE, March 25, 16/ – Tethys Petroleum Limited (Cayman Islands), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press-release of March 21, 2016 saying that the company "has received a signed conversion notice from Olisol Petroleum Limited ("Olisol") to convert US$6,304,446 of its outstanding debt into 63,044,460 shares in Tethys at a price of US$0.10 ("Interim Facility Conversion"). The 5-day volume weighted average price of shares in Tethys was CDN$0.04 (US$0.03)".

The full press-release is available on KASE website, in Russian, at see more

[2016-03-25]