09:47 AM EST - Tethys Petroleum Limited : Has entered into a non-binding and indicative letter of intent with Olisol Investments Limited setting out proposed terms upon which Olisol Petroleum Limited, a wholly-owned subsidiary of Olisol, will provide Tethys with a $15-million U.S. interim debt facility, subscribe to a $25.5 million private placement of 150 million new ordinary shares at a price of $0.17 per ordinary share and commit to backstop a further equity fundraising of 50 million shares at $0.17 per share. Tethys Petroleum Limited
shares T.TPL are trading up $0.05 at $0.11.
