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TransAtlantic Petroleum Corp.

11:29 AM EST - TransAtlantic Petroleum Corp. : closed public offering of 98.38 million common shares of the company at a price of $1.65 per common share for gross proceeds of about $162 million. The offering of 56.56 million common shares was underwritten by a syndicate of underwriters led by Canaccord Capital Corp. Upon closing of the offering, the Corp. has 253.64 million common shares issued and outstanding. TransAtlantic Petroleum Corp. shares T.TNP are trading down $0.02 at $2.00.