09:49 AM EST - Tesla Exploration Ltd. : Announced that Matco Investments Ltd., the Company's largest shareholder, had agreed to provide a guarantee in the amount of $2.5 million in favour of the Company's lender, which becomes operative in certain circumstances, that Tesla has closed on the issuance of 349,731 common shares in Tesla from treasury at the price of $0.719 per common share to Matco in partial consideration for the provision of the Guarantee. Tesla Exploration Ltd.
shares T.TXL are trading unchanged at $0.75.