TEL - TEAL Exploration & Mining Inc. - Exercise of
TEL
TEL
TEL - TEAL Exploration & Mining Inc. - Exercise of Share Appreciation Rights
TEAL Exploration & Mining Inc.
Corporate Access Number: 31403
ISIN: CA8781511099
(Incorporated in Yukon, Canada on 1 June 2005)
SA Company Registration Number: 2006/003229/10
JSE share code: TEL
JSE short name: TEAL
Exercise of Share Appreciation Rights
In compliance with Rule 3.63 - 3.66 of the Listings Requirements of the JSE
Limited
Name: Norman D. Hardie
Office held: Director
Date of transaction: 12 December 2006
Sale price per SAR: Cndn$4.95 (equivalent to ZAR30.60)
Number of SARs: 20 000 (equivalent to 10 909
TEAL Common Shares)
Total value of SARs: Cndn$54 000 (equivalent to ZAR333 720.00)
Class of securities: Common Shares
Nature of transaction: Exercise of Share Appreciation Rights ("SAR")
Nature and extent of Directors`
Direct Beneficial interest: Beneficial
Clearance given in terms of
paragraph 3.66: Yes
14 December 2006
Johannesburg
Sponsor: Investec Bank Limited
Date: 14/12/2006 08:10:05 Produced by the JSE SENS Department.
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