Triton Energy Corp.

TSX VENTURE: TEZ
Triton Energy Corp.

Mar 16, 2010 08:08 ET
CALGARY, ALBERTA–(Marketwire – March 16, 2010) –

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Triton Energy Corp. (“Triton” or the “Corporation”) (TSX VENTURE:TEZ) announces it has entered into a private placement financing agreement, on a bought-deal basis, with an underwriting syndicate led by National Bank Financial Inc. and including FirstEnergy Capital Corp., Macquarie Capital Markets Canada Ltd., Desjardins Securities Inc. and Raymond James Ltd (the “Underwriters”). Under the terms of the agreement, Triton will issue by way of a private placement 34,100,000 common shares on a flow-through basis at $0.22 per share for gross proceeds of $7.5 million.

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For more information, please contact

Triton Energy Corp.
Ernest G. Sapieha
President & CEO
(403) 532-0022
Fax: (403) 532-3993
esapieha@tritonenergy.ca
or
Triton Energy Corp.
Dean J. Schultz
VP Finance & CFO
(403) 532-0022
Fax: (403) 532-3993
dschultz@tritonenergy.ca
or
Triton Energy Corp.
Murray Stodalka
EVP Engineering & Operations
(403) 532-0022
Fax: (403) 532-3993
mstodalka@tritonenergy.ca
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Triton Announces $7.5 Million Bought Deal Private Placement Financing

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