Director/PDMR Shareholding

PetroTal Corp.

09 August 2024

 

Director / PDMR Shareholding

Calgary, AB and Houston, TX - August 09, 2024-PetroTal Corp. ("PetroTal" or the "Company") (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announces that Eleanor Barker, Non-Executive Director, acquired 50,000 Common Shares in the Company on August 9, 2024 at CAD $0.70 per share.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Eleanor Barker
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	PetroTal Corp
b)	LEI	ER 21380047ER33PRH56
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	PetroTal Corp Common Shares ISIN:  CA71677J1012
b)	Nature of the transaction	The acquisition of common shares of no par value each in the Company
c)	Price(s) and volume(s)	Price Volume 0.70 Canadian dollars per share 50,000
d)	Aggregated information - Aggregated volume - Price	50,000 Common Shares 0.70 Canadian dollars per share
e)	Date of the transaction	August 9, 2024
f)	Place of the transaction	TSX (Toronto Stock Exchange)

ABOUT PETROTAL

PetroTal is a publicly traded, tri‐quoted (TSX: TAL, AIM: PTAL and OTCQX: PTALF) oil and gas development and production Company domiciled in Calgary, Alberta, focused on the development of oil assets in Peru. PetroTal's flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95 where oil production was initiated in June 2018.  In early 2022, PetroTal became the largest crude oil producer in Peru. The Company's management team has significant experience in developing and exploring for oil in Peru and is led by a Board of Directors that is focused on safely and cost effectively developing the Bretana oil field. It is actively building new initiatives to champion community sensitive energy production, benefiting all stakeholders.

For further information, please see the Company's website at www.petrotal-corp.com, the Company's filed documents at www.sedarplus.ca, or below:

Camilo McAllister

Executive Vice President and Chief Financial Officer

[e-mail]

T: [phone]

Manolo Zuniga

President and Chief Executive Officer

[e-mail]

T: [phone]

PetroTal Investor Relations

[e-mail]

Celicourt Communications

Mark Antelme / Jimmy Lea

[e-mail]

T : 44 (0) 20 7770 6424

Strand Hanson Limited (Nominated & Financial Adviser)

Ritchie Balmer / James Spinney / Robert Collins

T: 44 (0) 207 409 3494

Stifel Nicolaus Europe Limited (Joint Broker)

Callum Stewart / Simon Mensley / Ashton Clanfield

T: [phone]

Peel Hunt LLP (Joint Broker)
Richard Crichton / David McKeown / Georgia Langoulant
T: [phone]

 

END