Tanganyika Oil Company Ltd. ("Tanganyika" or the "Company") (TSX
VENTURE:TYK)(OMX:TYKS) today saw the trading of its shares on the OMX Nordic
Exchange temporarily suspended after an article published in the Swedish daily
business newspaper Dagens Industri.


Tanganyika is not in discussions to sell Company's assets in Syria, as described
in the Dagens Industri article. As previously disclosed, the Company has entered
into an agreement to sell the West Gharib assets in Egypt and the funds will be
used for the active investment programs in Syria.


Tanganyika Oil Company Ltd. is a Canadian oil and gas company with production
and exploration assets in Egypt and Syria. Its shares are traded on the TSX
Venture Exchange under the symbol TYK and its Swedish Depository Receipts trade
on the OMX Nordic Exchange under the symbol "TYKS".
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