Derivatives: Anticipated adjustment in Tanganyika Oil Company Ltd (41/08)


The following information is based on a press release from Mirror Lake Oil and Gas Company Limited (Mirror Lake) dated October 30, 2008 and may be subject to change.

Mirror Lake has offered CAD 31.50 for outstanding shares in Tanganyika Oil Company Ltd. (Tanganyika). If Tanganyika, as a result of the offer, requests for a de-listing of the underlying share or if the trading in the same is considered to be insufficient to support related derivatives trading NASDAQ OMX Derivatives Markets will set a new expiration date for options and futures contracts in Tanganyika.

For further information please see the attached file. 

Attachments

wkr0003.pdf