PetroTal Corp. — Director's Dealing 2024

Aug 9, 2024

National Storage Mechanism | Additional information

RNS Number : 9664Z

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

[email protected]

T: (713) 253-4997

Manolo Zuniga

President and Chief Executive Officer

[email protected]

T: (713) 609-9101

PetroTal Investor Relations

[email protected]

Celicourt Communications

Mark Antelme / Jimmy Lea

[email protected]

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: +44 (0) 20 7710 7600

Peel Hunt LLP (Joint Broker)

Richard Crichton / David McKeown / Georgia Langoulant

T: +44 (0) 20 7418 8900

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