Tangiers Petroleum Limited has appointed Sydney-based institutional investment firm, Foster Stockbroking, to assist with corporate advisory and equity capital market services with immediate effect.

In addition to its existing assets in Morocco and Australia, Tangiers is advancing its strategy to acquire interests in onshore and shallow water petroleum prospects and projects in Africa with the ability to generate strong shareholder returns.

"Tangiers believes that this appointment is another key step towards achieving this goal and looks forward to working with Foster Stockbroking" Tangiers Executive Chairman, Eve Howell, said.

Tags: Tangiers Petroleum Limited