NR - NEWS RELEASE - UPDATE ON CONSOLIDATION AND RINEWS RELEASE - UPDATE ON CONSOLIDATION AND RIGHTS ISSUE
Jun 16, 2011--Vancouver, Canada: - Transeuro Energy Corp. ("Transeuro" or the"Company") announces that a 'Question and Answer' document covering thestock consolidation and the rights issue has been posted on the companywebsite at
https://www.transeuroenergy.com/s/Home.aspto capture and disseminate questions received from shareholders. Anupdated investor presentation capturing the present state of thecompany will be made available on the site over the coming weekend.
Transeuro is involved in the acquisition of petroleum andnatural gas rights, the exploration for, and development and productionof crude oil, condensate and natural gas. The Company's properties arelocated in Canada, Armenia, and Ukraine. In addition, the Company holdsa back-in option to Eaglewood Energy Inc.'s exploration licenses inPapua New Guinea.
On behalf of the Board of Directors
Aage Thoen, Chairman
For further information contact: Chris McGillivray, IR, +1 604 728 0040
Karen Jenssen, IR, +47 91729787
https://www.transeuroenergy.com
Neither TSX Venture Exchange nor its Regulation ServicesProvider (as that term is defined in the policies of the TSX VentureExchange) nor the Oslo Bors accepts responsibility for the adequacy oraccuracy of this release. The statements contained in this release thatare not historical facts are forward-looking statements, which involverisks and uncertainties that could cause actual results to differmaterially from the targeted results. The Company relies uponlitigation protection for forward looking statements.