Breaking News

Tweet TWEET

Oryx Petroleum Corporation Limited Announces Exercise of First Stage Investor Options

Oryx Petroleum Corporation Limited Announces Exercise of First Stage Investor 
Options 
CALGARY, June 17, 2013 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx 
Petroleum" or the "Corporation") (TSX: OXC) today announces that all of the 
OXC options issued pursuant to the Pre-IPO Transactions (the "OXC Options") 
have been exercised, which resulted in the issuance by the Corporation of 
1,131,349 common shares of the Corporation at a price of approximately US$9.29 
per common share. 
All of the OXC Options were held by directors, executive officers or employees 
of Oryx Petroleum, or by directors of The Addax & Oryx Group Limited. The 
Corporation received US$10.5 million in proceeds from the exercise of the OXC 
Options. After giving effect to the exercise of the OXC Options, the directors 
and executive officers of Oryx Petroleum own approximately 4.4% of the issued 
and outstanding common shares of the Corporation (approximately 4.6% of the 
common shares of the Corporation on a fully diluted basis). 
ABOUT ORYX PETROLEUM 
Oryx Petroleum is an international oil exploration company focused in Africa 
and the Middle East. The Corporation was founded in 2010 by The Addax and Oryx 
Group Limited and key members of the former senior management team of Addax 
Petroleum Corporation. Oryx Petroleum has significant interests in seven 
license areas prospective for oil and is the operator or technical partner in 
four of the seven license areas. Three license areas are located in the 
Kurdistan Region and the Wasit governorate (province) of Iraq and four license 
areas are located in West Africa in Nigeria, the AGC administrative area 
offshore Senegal and Guinea Bissau, and Congo (Brazzaville). Further 
information about Oryx Petroleum is available at www.oryxpetroleum.com or 
under Oryx Petroleum's profile at www.sedar.com.   
Craig Kelly Chief Financial Officer Tel.: +41 (0) 58 702 93 23 
craig.kelly@oryxpetroleum.com 
Scott Lewis Head of Corporate Finance Tel.: +41 (0) 58 702 93 52 
scott.lewis@oryxpetroleum.com 
SOURCE: Oryx Petroleum Corporation Limited 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/June2013/17/c8719.html 
CO: Oryx Petroleum Corporation Limited
ST: Alberta
NI: OIL FIN  
-0- Jun/17/2013 11:09 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.