BAAR, Switzerland, June 24 /CNW/ - Petromanas Energy Inc. (TSXV:PMI) ("Petromanas") is pleased to announce that effective with the opening of the market on June 25, 2010, 100,000,000 common share purchase warrants which were issued pursuant to a private placement which closed on February 24, 2010 will commence trading on the TSX Venture Exchange under the symbol PMI.WT. Each warrant entitles the holder to purchase one common share at a price of $0.45 per share on or before February 23, 2015.
About Petromanas Energy Inc.
Petromanas is an international oil and gas company focused on the exploration and development of its assets in Albania that possess world-class resource potential. Petromanas, through its wholly-owned subsidiary, holds three Production Sharing Contracts ("PSCs") with the Albanian government. Under the terms of the PSCs, Petromanas has a 100% working interest in six onshore blocks (Blocks A, B, D, E, 2 and 3) that comprise more than 1.7 million acres across Albania's Berati thrust belt.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Petromanas Energy Inc.
For further information: For further information: Gordon Keep, Corporate Secretary, Tel: (604) 609-6110, Website: www.petromanas.com; Vanguard Shareholder Solutions, Tel: (604) 608-0824, Toll Free: 1-866-918-0824