Gran tierra energy inc. announces sale of 109,006,250 petrotal shares for us$14.8 million

Calgary, alberta, jan. 21, 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 entered into arrangements with private purchasers providing for the sale by gtrl of an aggregate of 109,006,250 common shares (the “purchased shares”) of petrotal corp. (“petrotal”) at a price of us$0.13623 per purchased share, for an aggregate purchase price of approximately us$14.8 million.
GTE Ratings Summary
GTE Quant Ranking