EQBM NEWS!! Soma Petroleum Limited (SOMA) completes dividend and warrants for Equitable Mining Corp
PR Newswire "US Press Releases "
TORONTO, Dec. 19 /PRNewswire/ - Soma Petroleum Limited (SOMA) - (Frankfurt Stock Exchange: symbol SA1), announces the completion of the dividend and warrants payable to Equitable Mining Corp (EQUITABLE) (a resource company trading on Frankfurt Exchange: E5W and as EQBM on PinkSheets.com) shareholders with a record date December 15, 2006. The opening price is Euro 3.00.
The dividend will comprise of 1 common share of SOMA Petroleum Limited for every 50 shares of EQUITABLE owned by the holder, along with 1 warrant at $2.00US expiring on March 31st, 2007 and a second warrant at $3.00US expiring on June 15th, 2007 all subject to a four (4) month hold.
For further warrant instructions, please contact the Transfer Agent at (416) 363-1240.
About Soma Petroleum Limited
Soma Petroleum Limited (SOMA) is a Canadian registered corporation that has interests in oil and gas projects in the Horn of Africa and mine tailings project in Dalian, China. It has partnered with leading resources developers including Inter-Continental Petroleum Co. Ltd (ICPC), a China-based oil and gas exploration company. ICPC has an extensive international track record in oil and gas. www.somapetroleum.com
Information presented in this newsletter contain 'forward looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking statements.' Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as 'projects', 'foresee', 'expects'', 'will,' 'anticipates,' 'estimates,' 'believes,' 'understands' or that by statements indicating certain actions 'may,' 'could,' or 'might' occur.
SOURCE Soma Petroleum Limited
