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Source: Media Outreach

Steinhausen, Switzerland – EQS Newswire – 26 July 2023 – Terraoil Swiss AG (“Company”), an energy company with a strong focus on the Mediterranean is pleased to announce that the Annual General Meeting for fiscal year 2022 was held as scheduled on July 13, 2023 at Theater Casino, Zug, Switzerland.

Shareholders were provided with an update on the current activities of the Company followed by the formal meeting for the fiscal year 2022. Details of the Company’s operational and financial developments were shared with all attending.

All of the business matters before the shareholders were passed by over 93% of the votes cast at the meeting. The shareholders’ resolutions can be accessed at

Chief Executive Officer, Peter Krempin commented:

“Once again we had tremendous support from our shareholders for the team’s efforts in driving the Company towards success. Details of our important commercial developments and the restructuring that is taking place with a view toward a future listing of the Group’s shares were provided to those in attendance and there was a deep sense of excitement surrounding the Group’s future. Once again, I thank all stakeholders for their patience and support toward making the Group a success story.”

If you are an Terraoil shareholder and would like additional information, contact Peter Krempin either via email [email protected] or by telephone at +41 71 544 01 20.

The issuer is solely responsible for the content of this announcement.

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