SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of TransAtlantic Petroleum Ltd.

New York, New York--(Newsfile Corp. - August 12, 2020) -  The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased TransAtlantic Petroleum Ltd. ("TransAtlantic" or the "Company") (NYSE: TAT) stock prior to August 7, 2020.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of TransAtlantic to TAT Merger Sub LLC, a wholly-owned subsidiary of TAT Holdco LLC, which is controlled by a group of holders representing 100% of the Company's outstanding 12.0% Series A Convertible Redeemable Preferred Shares. Under the terms of the merger, each of the Company's issued and outstanding common shares will be canceled and converted automatically into the right to receive $0.13 in cash. To learn more about the action and your rights, go to:

https://www.zlk.com/mna2/transatlantic-petroleum-ltd-information-request-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The TransAtlantic merger investigation concerns whether the Board of TransAtlantic has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/61578