Canadian Warrants

Stock symbol: PDP.WT
Cusip No.: 716709 13 4
Designated market-maker: Canaccord Capital Corp.
Other markets: None

The listing covers warrants forming part of 56.82 million units sold to the public at a price of 88 cents per unit pursuant to the terms of a short-form prospectus dated Aug. 21, 2009. Each unit consists of one common share and one-half of a warrant. The units will separate immediately upon closing of the public offering. Each warrant entitles the holder to purchase one common share of the company at a price of $1.20 per share at any time prior to 5 p.m. (Calgary time) on Aug. 28, 2011.

The warrants are governed by the terms of a warrant indenture to be dated Aug. 28, 2009, between the company and Valiant Trust Company as trustee. The warrant indenture provides for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

Petrolifera Petroleum to list on TSX on Nov. 8

2005-11-04 20:11 ET - New Listing
TSX bulletin 2005-1257
An application has been granted for the original listing in the oil and gas category of up to 63,569,287 common shares of which up to 37,842,859 common shares will be issued and outstanding, and up to 25,726,428 common shares will be reserved for issuance.

An application has also been granted for the listing of up to 9.6 million common share purchase warrants, of which up to 8,571,429 warrants will be issued and outstanding, and up to 1,028,571 warrants will be reserved for issue.

Listing of the common shares and warrants will become effective at 5:01 p.m. on Monday, Nov. 7, 2005, in anticipation of the public offering closing on Tuesday, Nov. 8, 2005. The common shares and warrants will be posted for trading on Tuesday, Nov. 8, 2005.

The company is subject to the reporting requirements of Section 501 of the Toronto Stock Exchange company manual.

Common share symbol:  PDP
Common share Cusip No.:  716709 10 0
Trading currency:  Canadian dollars

Warrants symbol:  PDP.WT
Warrant Cusip No.:  716709 11 8
Trading currency:  Canadian dollars

Designated market-maker:  Canaccord Capital Corp.
Other markets:  None
Incorporation:  The company was incorporated pursuant to the Canada Business Corp.l Act on Nov. 9, 2004.

Fiscal year-end:  Dec. 31

Nature of business:  The company was incorporated in Nov. 9, 2004, for the purpose of acquiring and developing Argentinian crude oil and natural gas properties previously held by Connacher Oil and Gas Ltd. In 2005, the company was successful in securing rights to two large crude oil and natural gas exploration blocks in Peru. Since that time, licences for Maraon block 106 and Ucayali block 107 have been formally awarded to the company. The company has also submitted an expression of interest in securing two licences in the offshore Trujillo basin, Peru.

Interim chief financial officer:  Richard R. Kines
Corporate secretary:  Jennifer K. Kennedy

Transfer agent and registrar:  Valiant Trust Co. at its principal office in Calgary and BNY Trust Co. at its principal office in Toronto

Dividends:  The company has not paid any dividends since incorporation.

Warrants:   Each whole warrant entitling the holder thereof to purchase one common share at a price of $3 at any time on or before 4:30 p.m. (Calgary time) on May 3, 2007. The warrants will be governed by the terms of a warrant indenture between the company and Valiant Trust Co. as warrant agent. The warrant indenture provides for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other terms of capital reorganization.

Initial public offering:  Pursuant to the terms of a final prospectus dated Oct. 17, 2005, Jennings Capital Inc., GMP Securities Ltd., Octagon Capital Corp., Dominick & Dominick Securities Inc., Haywood Securities Inc., Bolder Investment Partners, Ltd. and Salman Partners Inc. as agents, have agreed to sell up to 17,142,858 units of the company at a price of $1.75 per unit, each unit consisting of one common share and one-half of a warrant of the company. The common shares and warrants constituting the units will be separated immediately following the issuance of the units.