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2020-08-06

ShaMaran Petroleum Corp.: SHAMARAN ANNOUNCES ISSUANCE OF COMMON SHARES

Today, following approval by the TSXV exchange, ShaMaran has issued 2,280,000 common shares of the Company to Nemesia as per the terms of the Debenture dated February 25, 2019 and that such number of common shares of the Company will be issued monthly to Nemesia until such time as the Principal Amount shall be repaid, together with interest.  

OTHER 

This information is information that ShaMaran Petroleum Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 1:00 a.m. Eastern Time on August 6, 2020. Pareto Securities AB is the Company's Certified Advisor on Nasdaq First North Growth Market, +46 84 02 5000, certifiedadviser.se@paretosec.com

Neither the 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. 

 shamaran0806 (https://mb.cision.com/Public/17253/3164631/9182470ff9b59ec5.pdf)

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