TG World Energy Corp. (fka TGE.v)

[Tackler]

TG World 18.94-million-share private placement

2006-09-05 16:59 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced July 11, 2006.

Number of shares: 18,942,800

Purchase price: $1.20 per share

Warrants: 9,471,400 share purchase warrants to purchase 9,471,400 shares

Warrant exercise price: $1.50 for a one-year period

Number of placees: 244

Pro group participation: Kerk Hilton, 12,500 shares; David Vankka, 65,000 shares; Chris Maurer, 10,000 shares; Rob Colcleugh, 20,000 shares; Dan Distefano, 21,000 shares; Brian Brick, 21,000 shares; Peter Nicol, 17,000 shares; Mark Hodgson, 10,000 shares; Andrew Judson, 60,000 shares; J. David Pescod, 29,000 shares; Sarah Deschenes, 42,000 shares; Bill Ross, 16,500 shares; Michelle Mosby, 15,000 shares; Lane Mosby, 15,000 shares; Peter Dunham, 40,000 shares; Tackler, 10,000 shares

Insider participation: Seajay Management Enterprises Ltd. (Clifford James), two million shares

Agents: Tristone Capital Inc., Canaccord Capital Inc., Jennings Capital Inc.

Commission: 6 per cent of the total gross proceeds from the sale of units