Gran tierra energy inc. announces sale of 137,093,750 petrotal shares for us$30.1 million

Calgary, alberta, nov. 26, 2021 (globe newswire) -- gran tierra energy inc. (“gran tierra” or the “company”) (nyse american:gte) (tsx:gte) (lse: gte) today announced that gran tierra resources limited (“gtrl”), a wholly owned subsidiary of gran tierra, has procured private purchasers for the sale by gtrl of an aggregate of 137,093,750 common shares (the “purchased shares”) of petrotal corp. (“petrotal”) at a price of us$0.2198 per purchased share, for an aggregate purchase price of approximately us$30.1 million. the price of us$0.2198 per purchased share represents an approximate discount of 10.8% to the closing price of the common shares of petrotal on november 25, 2021 on the aim market of the london stock exchange.
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