Taghmen Allots Shares to Terra Seis

Taghmen Energy says that it has issued 311,688 new ordinary shares of US$0.10 each.

The independent, which focuses its exploration and production activities in Latin America, issued and allotted the shares at a price of 55 pence per share to Terra Seis (Malta).

The allotment was made in conjunction with Terra Seis' acquisition of seismic data on Taghmen's Guatemalan operations.