Latest news with #Targa

9 News
3 days ago
- Automotive
- 9 News
Driver error and speed blamed for spate of Tasmanian rally deaths
Your web browser is no longer supported. To improve your experience update it here Driver error was to blame for the deaths of four competitors in three separate crashes in a world-renowned road rally event, a coroner has ruled. Veteran driver Shane Navin was killed in 2021 when his 1979 Mazda RX-7 crashed into a creek on a west coast section of the Targa Tasmania course. Veteran driver Shane Navin was killed in 2021 when his 1979 Mazda RX-7 crashed into a creek on a west coast section of the Targa Tasmania course. (Supplied) In 2022, Anthony Seymour died on a mountainous section of the course when his Lotus Exige S Coupe crashed through a wire barrier and down an embankment. Coroner Simon Cooper, who investigated the deaths, said he was satisfied driver error was the cause of each accident. Mundy and Seymour were driving at excessive speed and in vehicles designed specifically for racing on racetracks. The coroner questioned whether such cars, built for controlled environments, should be used in variable conditions on public roads that don't have purpose-built safety features. Navin "fishtailed" in wet conditions, ending upside down in a creek. His surviving co-driver was unable to revive him, with assistance from a "sweep" car not arriving until 32 minutes after the accident. Shane Navin died in a crash on Lyell Highway, Mount Arrowsmith when his Mazda RX7 rolled during a Targa event. (Google Maps) Mundy had approached a crest at 188.5km/h and had either "ignored or overlooked" information in race notes and a warning on a board. Seymour lost control at 101km/h in wet conditions and could have gotten into trouble when reacting to two bumper bars, left by other competitors, on the roadway. The coroner said the event at the time had no system in place to report debris left behind. Targa Tasmania is set to return in November with a range of safety changes and a shift to a spring timeslot. An internal review by race organisers made 94 recommendations, including changes to average maximum speed, course signage and power-to-weight ratios. "The passage of time has given us an amazing opportunity to undertake a detailed review of the event," Targa Australia chief executive Mike Perry said in 2024. This is the third death in 24 hours and fifth in 29 years for the Targa Australia event (Supplied) The coroner said the recommendations, most of which had been implemented, were comprehensive and addressed issues raised at the inquest. He believed neither Mundy nor Seymour should have been competing because of their health. Each of the four men who died were over 59 and were taking medication for pre-existing conditions. Mundy had heart disease and Seymour an inflammatory disease, vocal cord paralysis and had recently had COVID-19. "Nonetheless, individual responsibility is not something that can be overlooked," the coroner said. "All of the men who died ... were experienced competitors. They all knew the risks of competing and voluntarily assumed those risks." tasmania Racing motorsport national crashes courts CONTACT US Property News: The last inner Sydney suburbs where houses cost under $2m.
Yahoo
06-06-2025
- Business
- Yahoo
TARGA ANNOUNCES CLOSE OF PRIVATE PLACEMENT FOR GROSS PROCEEDS OF $2.6M
/NOT FOR DISSEMINATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./ CSE: TEX | OTCQB: TRGEF | FRA: V6Y VANCOUVER, BC, June 6, 2025 /CNW/ - Targa Exploration Corp. (CSE: TEX) (FRA: V6Y) (OTCQB: TRGEF) ("Targa" or the "Company") today announced that, further to the Company's news release dated May 13, 2025, it has closed its previously announced private placement for aggregate gross proceeds of approximately C$2,611,200 (the "Offering"). "I'd like to thank our investors, both new and old, for supporting Targa in this financing round," commented Targa CEO, Cameron Tymstra. "We are now fully funded to properly test the exciting gold target at Opinaca with the first ever drill program on the project. We are very pleased to be working closely with the technical team at Kenorland Minerals again this year who will continue to act as Project Operator for us at Opinaca. Airborne geophysics are underway, the results of which are expected to help with drill targeting on the 7km-long gold target trend. Drill permits will soon be applied for with a goal of drilling in Q3 of this year. Targa is now fully focused on making a new gold discovery at our 100%-owned Opinaca project." Pursuant to the closing of the Offering, the Company issued an aggregate of 6,650,200 hard dollar common shares of the Company (each an "HD Share") at a price of $0.10 per HD Share, 1,959,001 flow-through shares of the Company (each, an "FT Share") at a price of $0.12 per FT Share and 12,050,000 charity flow-through shares of the Company (each, a "CFT Share" and together with the HD Shares and the FT Shares, the "Shares") at a price of $0.142 per CFT Share. Each FT Share and CFT Share will qualify as a "flow-through share" pursuant to subsection 66(15) of the Income Tax Act (Canada) ("Tax Act"). The net proceeds of the sale of the HD Shares will be used for the exploration of the Company's Opinaca gold project and for working capital purposes. The gross proceeds from the sale of the FT Shares and CFT Shares will be used to incur eligible "Canadian exploration expenses" in Quebec that qualify as "flow-through mining expenditures" as such terms are defined in the Tax Act. The Company has agreed to renounce such qualifying expenditures with an effective date of no later than December 31, 2025, in an amount of not less than the total amount of the gross proceeds raised from the sale of the FT Shares and CFT Shares, and incur such expenses by December 31, 2026. In connection with the Offering, the Company paid finders fees of an aggregate of $104,400 in cash and issued an aggregate of 1,024,000 finders warrants of the Company (the "Finders Warrants") to certain eligible arm's length finders. Each Finders Warrant entitles the finder to purchase one common share of the Company (a "Finder Warrant Share") at a price of $0.25 per Finder Warrant Share until June 6, 2027. All securities issued pursuant to and in connection with the closing of the Offering, including Finder Warrant Shares issuable upon the exercise of Finder Warrants, are and will be subject to a hold period expiring October 7, 2025. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction. About the Opinaca Gold Project The Opinaca Project is located in the James Bay region of Quebec, approximately 45km south of the all-season Trans-Taiga Road and 140km northeast of the Eleonore gold mine. The Opinaca Project covers 85,267 contiguous hectares of the Opinaca geological sub-province, dominantly a metasedimentary region with neoarchean-aged igneous intrusions including of the Vieux Comptoir suite of granites. Till sampling and prospecting work in 2023 and 2024 has identified a 7km-long gold target trend near the center of the project. Boulder sampling in 2024 returned a dozen boulders with anomalous (>0.1g/t) gold values, including up to 6.7g/t Au. Qualified Person The disclosure of scientific and technical information contained in this news release has been reviewed and approved by Adrian Lupascu M. Sc. Exploration Manager of Targa Exploration Corp., who is a "qualified person" within the meaning of National Instrument 43 -101- Standards of Disclosure for Mineral Projects. About Targa Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF) is a Canadian exploration company engaged in the acquisition, exploration, and development of gold mineral properties with headquarters in Vancouver, British Columbia. Targa's principal asset is it's Opinaca Gold Project where a significant gold-in-till anomaly has been identified over a strike length of 7km. Contact Information: For more information and to sign-up to the mailing list, please contact: Cameron Tymstra, CEO and PresidentTel: 416-668-1495Email: cameron@ SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS This news release includes certain "Forward‐Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward‐looking information" under applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "proposed", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward‐looking statements or information. These forward‐looking statements or information relate to, among other things: obtaining the required regulatory, exchange, and board approvals; receipt of exploration permits; timing of exploration programs; the proposed use of proceeds of the Offering; the tax treatment of the FT Shares and CFT Shares; the renouncement of applicable expenditures; and the exploration and development of the Company's properties. Forward‐looking statements and forward‐looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Targa, future growth potential for Targa and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of gold and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Targa's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms. These statements reflect Targa's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward‐looking statements or forward-looking information and Targa has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: price volatility of gold and other metals; risks associated with the conduct of the Company's mineral exploration activities in Canada; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption "Risk Factors" in Targa's management discussion and analysis and other public disclosure documents. Readers are cautioned against attributing undue certainty to forward‐looking statements or forward-looking information. Although Targa has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Targa does not intend, and does not assume any obligation, to update these forward‐looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Targa Exploration Corp. 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Cision Canada
06-06-2025
- Business
- Cision Canada
TARGA ANNOUNCES CLOSE OF PRIVATE PLACEMENT FOR GROSS PROCEEDS OF $2.6M
VANCOUVER, BC, June 6, 2025 /CNW/ - Targa Exploration Corp. (CSE: TEX) (FRA: V6Y) (OTCQB: TRGEF) (" Targa" or the " Company") today announced that, further to the Company's news release dated May 13, 2025, it has closed its previously announced private placement for aggregate gross proceeds of approximately C$2,611,200 (the " Offering"). " I'd like to thank our investors, both new and old, for supporting Targa in this financing round," commented Targa CEO, Cameron Tymstra. " We are now fully funded to properly test the exciting gold target at Opinaca with the first ever drill program on the project. We are very pleased to be working closely with the technical team at Kenorland Minerals again this year who will continue to act as Project Operator for us at Opinaca. Airborne geophysics are underway, the results of which are expected to help with drill targeting on the 7km-long gold target trend. Drill permits will soon be applied for with a goal of drilling in Q3 of this year. Targa is now fully focused on making a new gold discovery at our 100%-owned Opinaca project." Pursuant to the closing of the Offering, the Company issued an aggregate of 6,650,200 hard dollar common shares of the Company (each an " HD Share") at a price of $0.10 per HD Share, 1,959,001 flow-through shares of the Company (each, an " FT Share") at a price of $0.12 per FT Share and 12,050,000 charity flow-through shares of the Company (each, a " CFT Share" and together with the HD Shares and the FT Shares, the " Shares") at a price of $0.142 per CFT Share. Each FT Share and CFT Share will qualify as a "flow-through share" pursuant to subsection 66(15) of the Income Tax Act (Canada) (" Tax Act"). The net proceeds of the sale of the HD Shares will be used for the exploration of the Company's Opinaca gold project and for working capital purposes. The gross proceeds from the sale of the FT Shares and CFT Shares will be used to incur eligible "Canadian exploration expenses" in Quebec that qualify as "flow-through mining expenditures" as such terms are defined in the Tax Act. The Company has agreed to renounce such qualifying expenditures with an effective date of no later than December 31, 2025, in an amount of not less than the total amount of the gross proceeds raised from the sale of the FT Shares and CFT Shares, and incur such expenses by December 31, 2026. In connection with the Offering, the Company paid finders fees of an aggregate of $104,400 in cash and issued an aggregate of 1,024,000 finders warrants of the Company (the " Finders Warrants") to certain eligible arm's length finders. Each Finders Warrant entitles the finder to purchase one common share of the Company (a " Finder Warrant Share") at a price of $0.25 per Finder Warrant Share until June 6, 2027. All securities issued pursuant to and in connection with the closing of the Offering, including Finder Warrant Shares issuable upon the exercise of Finder Warrants, are and will be subject to a hold period expiring October 7, 2025. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction. About the Opinaca Gold Project The Opinaca Project is located in the James Bay region of Quebec, approximately 45km south of the all-season Trans-Taiga Road and 140km northeast of the Eleonore gold mine. The Opinaca Project covers 85,267 contiguous hectares of the Opinaca geological sub-province, dominantly a metasedimentary region with neoarchean-aged igneous intrusions including of the Vieux Comptoir suite of granites. Till sampling and prospecting work in 2023 and 2024 has identified a 7km-long gold target trend near the center of the project. Boulder sampling in 2024 returned a dozen boulders with anomalous (>0.1g/t) gold values, including up to 6.7g/t Au. Qualified Person The disclosure of scientific and technical information contained in this news release has been reviewed and approved by Adrian Lupascu M. Sc. Exploration Manager of Targa Exploration Corp., who is a "qualified person" within the meaning of National Instrument 43 -101- Standards of Disclosure for Mineral Projects. About Targa Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF) is a Canadian exploration company engaged in the acquisition, exploration, and development of gold mineral properties with headquarters in Vancouver, British Columbia. Targa's principal asset is it's Opinaca Gold Project where a significant gold-in-till anomaly has been identified over a strike length of 7km. Contact Information: For more information and to sign-up to the mailing list, please contact: Cameron Tymstra, CEO and President Tel: 416-668-1495 Email: [email protected] Website: This news release includes certain "Forward‐Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward‐looking information" under applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "proposed", "estimate", "expect", "target", "plan", "forecast", "may", "would", "could", "schedule" and similar words or expressions, identify forward‐looking statements or information. These forward‐looking statements or information relate to, among other things: obtaining the required regulatory, exchange, and board approvals; receipt of exploration permits; timing of exploration programs; the proposed use of proceeds of the Offering; the tax treatment of the FT Shares and CFT Shares; the renouncement of applicable expenditures; and the exploration and development of the Company's properties. Forward‐looking statements and forward‐looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Targa, future growth potential for Targa and its business, and future exploration plans are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of gold and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Targa's ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms. These statements reflect Targa's respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward‐looking statements or forward-looking information and Targa has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: price volatility of gold and other metals; risks associated with the conduct of the Company's mineral exploration activities in Canada; regulatory, consent or permitting delays; risks relating to reliance on the Company's management team and outside contractors; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company's interactions with surrounding communities; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption "Risk Factors" in Targa's management discussion and analysis and other public disclosure documents. Readers are cautioned against attributing undue certainty to forward‐looking statements or forward-looking information. Although Targa has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Targa does not intend, and does not assume any obligation, to update these forward‐looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cision Canada
26-05-2025
- Business
- Cision Canada
TARGA ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION
/NOT FOR DISSEMINATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./ VANCOUVER, BC, May 26, 2025 /CNW/ - Targa Exploration Corp. (CSE: TEX) (FRA: V6Y) (OTCQB: TRGEF) (" Targa" or the " Company") today announced, further to the Company's news release dated May 13, 2025 and effective May 27, 2025, the Company will consolidate the common shares in the capital of the Company (the " Common Shares") on the basis of one (1) new Common Share for every five (5) old Common Shares outstanding (the " Consolidation"). The name of the Company and trading symbol will remain the same after the Consolidation. The new CUSIP number will be 87612L209 and the new ISIN number will be CA87612L2093 for the post Consolidation Common Shares. The Company's post-Consolidation Common Shares are expected to begin trading on the Canadian Securities Exchange on or about May 27, 2024. The total issued and outstanding number of Common Shares post-Consolidation will be approximately 20,683,865. Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing the pre-Consolidation Common Shares along with a properly executed letter of transmittal to the Company's transfer agent, Odyssey Trust Company (" Odyssey Trust"), in accordance with the instructions provided in the letter of transmittal. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Common Share certificate(s) to Odyssey Trust, will receive a post-Consolidation Common Share certificate or Direct Registration Advice representing the post Consolidation Common Shares. About Targa Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF) is a Canadian exploration company engaged in the acquisition, exploration, and development of gold mineral properties with headquarters in Vancouver, British Columbia. Targa's principal asset is it's Opinaca Gold Project where a significant gold-in-till anomaly has been identified over a strike length of 7km. This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "intends" and similar expressions are intended to identify forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, the effective date of the Consolidation. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These forward-looking statements are based on a number of assumptions which may prove to be incorrect including, but not limited to, the ability to obtain regulatory approval for the Consolidation. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Targa Exploration Corp.
Yahoo
26-05-2025
- Business
- Yahoo
TARGA ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION
CSE: TEX | OTCQB: TRGEF | FRA: V6Y /NOT FOR DISSEMINATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./ VANCOUVER, BC, May 26, 2025 /CNW/ - Targa Exploration Corp. (CSE: TEX) (FRA: V6Y) (OTCQB: TRGEF) ("Targa" or the "Company") today announced, further to the Company's news release dated May 13, 2025 and effective May 27, 2025, the Company will consolidate the common shares in the capital of the Company (the "Common Shares") on the basis of one (1) new Common Share for every five (5) old Common Shares outstanding (the "Consolidation"). The name of the Company and trading symbol will remain the same after the Consolidation. The new CUSIP number will be 87612L209 and the new ISIN number will be CA87612L2093 for the post Consolidation Common Shares. The Company's post-Consolidation Common Shares are expected to begin trading on the Canadian Securities Exchange on or about May 27, 2024. The total issued and outstanding number of Common Shares post-Consolidation will be approximately 20,683,865. Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing the pre-Consolidation Common Shares along with a properly executed letter of transmittal to the Company's transfer agent, Odyssey Trust Company ("Odyssey Trust"), in accordance with the instructions provided in the letter of transmittal. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Common Share certificate(s) to Odyssey Trust, will receive a post-Consolidation Common Share certificate or Direct Registration Advice representing the post Consolidation Common Shares. About Targa Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF) is a Canadian exploration company engaged in the acquisition, exploration, and development of gold mineral properties with headquarters in Vancouver, British Columbia. Targa's principal asset is it's Opinaca Gold Project where a significant gold-in-till anomaly has been identified over a strike length of 7km. SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "intends" and similar expressions are intended to identify forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, the effective date of the Consolidation. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These forward-looking statements are based on a number of assumptions which may prove to be incorrect including, but not limited to, the ability to obtain regulatory approval for the Consolidation. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Targa Exploration Corp. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data