Ms. Tabitha Bailey reports
TRANSATLANTIC PETROLEUM ANNOUNCES THE PAYMENT OF DIVIDENDS ON ITS SERIES A PREFERRED SHARES IN COMMON SHARES
TransAtlantic Petroleum Ltd. has elected to pay the upcoming quarterly dividends on its 12.0 per cent Series A convertible redeemable preferred shares in its common shares, with a par value of 10 cents per share, as permitted by the certificate of designation for the Series A preferred shares, in order to preserve cash for its drilling program in late 2019 and 2020. The upcoming quarterly dividends are payable on Dec. 31, 2019, to holders of record on Dec. 15, 2019. The common shares issued as dividends on the Series A preferred shares will be listed on the NYSE American and the Toronto Stock Exchange.
About TransAtlantic Petroleum Ltd.
The company is an international oil and natural gas company engaged in the acquisition, exploration, development and production of oil and natural gas. The company holds interests in developed and undeveloped properties in Turkey and Bulgaria.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.