News Release - Consolidation Correction

09.08.2011  |  The Newswire

(via Thenewswire.ca)

Vancouver, Canada: - Transeuro Energy Corp. ("Transeuro" or the "Company") announces that further to its press release dated August 4, 2011 that due to an error by the TSX Venture Exchange the Company's common shares did not commence trading on a consolidated basis today. The Company has been advised by the TSX Venture Exchange that the shares will trade on a consolidated basis on August 9th, 2011. The Company has requested that a trading halt be left in place until the TSX Venture Exchange bulletin confirming the commencement of trading on a consolidated basis has been issued.

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

http://www.transeuroenergy.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Oslo Axess accepts responsibility for the adequacy or accuracy of this release. The statements contained in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from the targeted results. The Company relies upon litigation protection for forward looking statements.

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