Wednesday, March 05, 2014 8:37:31 AM
TransAtlantic Petroleum Ltd. (TSX:TNP) (NYSE-MKT:TAT) (the "Company" or "TransAtlantic") today announced that the Company's shareholders have approved a one-for-ten reverse stock split of the Company's issued and outstanding common shares (the "Reverse Split"). The Reverse Split will become effective on March 6, 2014. On the NYSE-MKT, trading of the Company's common shares on a split-adjusted basis is expected to begin on Friday, March 7, 2014. On the TSX, trading of the Company's common shares on a split-adjusted basis is expected to begin on Monday, March 10, 2014.
The Reverse Split was previously disclosed in the proxy materials distributed to the Company's shareholders in connection with the special shareholders' meeting held on March 4, 2014 to approve an amendment to the Company's Memorandum of Continuance and the Company's Bye-laws to effect the Reverse Split. TransAtlantic's common shares will continue to trade on the NYSE-MKT under the symbol TAT and on the TSX under the symbol TNP with a new CUSIP number of G89982 113.
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