/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
http://www.kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_210316.pdf
[2016-03-25]