Tangiers Petroleum Limited has announced to shareholders its strategy to capitalize on increasing investor interest in the company's energy assets among Europe based investors through the London market.

The company has initiated this strategy through the appointment of RFC Corporate Finance Limited as the company's Nominated Adviser in relation to the company's proposed admission to the Alternative Investment Market of the London Stock Exchange later this year.

The proposed AIM listing will enhance the company's profile in the UK and European capital markets and broadens the range of global institutional investors that can invest in the company. This improved access to global capital and industry research analyst coverage will be beneficial as the company seeks to unlock the significant value potential of its current projects and pursues new project opportunities.

RFC Corporate Finance Limited is a leading independent corporate and investment advisory group focused on the natural resources sector. RFC operates globally from its offices in Sydney and Perth and has significant experience in advising oil and gas companies on listings, capital raisings, M&A and corporate strategy. RFC has acted as Nomad for the successful listings of over 20 companies on AIM, including many dual ASX / AIM listed companies.

Mr Mark Ceglinski chairman of Tangiers Petroleum said that "The strong interest in the company's projects from European investors has prompted Tangiers to pursue an AIM listing. RFC has outstanding credentials in acting as a Nomad for resource companies and is well placed to provide Tangiers with the advice and services it requires as it works through this process."

As part of RFC's mandate, on successful admission of Tangiers to AIM, they will be issued with 500,000 options to subscribe for ordinary shares at any time within 3 years of admission at a price of 50 cents per share.