OREANDA-NEWS. March 28, 2016. Tethys Petroleum Limited (Cayman Islands), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press-release saying that the company "has received a signed conversion notice from Olisol Petroleum Limited ("Olisol") to convert US\\$6,304,446 of its outstanding debt into 63,044,460 shares in Tethys at a price of US\\$0.10 ("Interim Facility Conversion").

The 5-day volume weighted average price of shares in Tethys was CDN\\$0.04 (US\\$0.03)".

The full press-release is available on KASE website, in Russian, at http://www.kase.kz/files/emitters/KY_TPL_/ky_tpl__reliz_210316.pdf