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SHAMARAN MARCH 2022 PAYMENTS RECEIVED
SHAMARAN MARCH 2022 PAYMENTS RECEIVED Canada NewsWire VANCOUVER, BC...
About this update from Shamaran Petroleum Corp.
[{"type":"text","content":"\n \n \n \n SHAMARAN MARCH 2022 PAYMENTS RECEIVED\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 27, 2022\n \n \n /CNW/ -\n \n ShaMaran Petroleum Corp. (\"ShaMaran\" or the \"Company\")\n \n (TSXV: SNM) (Nasdaq First North Growth Market (\n \n Sweden\n \n ): SNM) confirms receipt of payment for the\n \n March 2022\n \n Atrush sales and entitlements at\n \n $ 43.66 million\n \n (\n \n $ 16.07 million\n \n net to the Company).\n \n View PDF version\n \n \n \n The Company is also in receipt of $ 3.12 million net to the Company as the next instalment for March 2022 in the Kurdistan Regional Government (\"KRG\") receivable repayment mechanism calculated based on the KRG's proposed amendment to the mechanism repayment terms as announced on May 13, 2021.  Today's payment repays in full the KRG's outstanding receivable amount owed to the Company.\n \n \n \n OTHER\n \n \n \n This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation.  This information was submitted for publication, through the agency of the contact persons set out below, on\n \n June 27, 2022\n \n at\n \n 5:30 p.m. Eastern Time\n \n .  Arctic Securities AS (Swedish branch) is the Company's Certified Adviser on Nasdaq First North Growth Market (\n \n Sweden\n \n ) +46 844 68 61 00,\n \n [email protected]\n \n .\n \n \n Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n \n \n \n ABOUT SHAMARAN\n \n \n \n ShaMaran is a\n \n Kurdistan\n \n focused oil development and exploration company which holds a 27.6% interest, through its wholly-owned subsidiary General Exploration Partners, Inc., in the Atrush Block and as announced in the Company's news release of\n \n July 12, 2021\n \n upon successful closing of the acquisition from a TotalEnergies' affiliate wil...