VANCOUVER, Nov. 25 /CNW/ - Petromin Resources Ltd. ("Petromin") (TSX.V: PTR): The Board of Directors is pleased to announce it has unanimously approved and exercised warrants - purchasing an additional 16,666,667 common shares of TerraWest Energy Corp. (TWE) - maintaining its holdings in TWE at approximately 30%
About Petromin Resources Ltd.:
Petromin is a progressive international petroleum and natural gas exploration and production company listed Tier 1 on the TSX Venture Exchange. Petromin was ranked 24th of the Top 100 Fastest Growing Companies in BC by Business in Vancouver in 2009 based on a 704% revenue increase over the past 4 years. Petromin is a major shareholder in TWE and provides professional services under the terms of a management agreement with TWE.
On behalf of the Board of Directors,
A. Ross Gorrell
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 Petromin Resources Ltd.
For further information: For further information: Contact: Mike Suk, VP Corporate Affairs, (604) 682-8831, Website: www.petromin.ca