CALGARY, ALBERTA--(Marketwired - Nov. 27, 2015) - Forent Energy Ltd. (TSX VENTURE:FEN) ("Forent" or the "Company") is pleased to announce that it has filed its Financial Statements and Management's Discussion & Analysis, for the nine months ended September 30, 2015, with applicable securities regulatory authorities in Canada. Copies of these documents can be accessed under the Company's profile on the SEDAR website at www.sedar.com and on the Company's website www.forentenergy.com. Also, the [Read more]
Archives for November 2015
Pine Cliff Energy Ltd. Completes $69 Million Subscription Receipt Offering
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2015) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that it has closed its previously announced short form prospectus offering (the "Offering"). The Company issued 63.9 million subscription receipts (the "Subscription Receipts"), including 8.3 million Subscription Receipts pursuant to the exercise of the over-allotment option granted to the Underwriters (as defined herein), at a [Read more]
Valener and Gaz Métro report fiscal 2015 results
Valener: 50% increase in normalized operating cash flowsGaz Métro: Record net income and 3.6% increase in distributions to Partners announced FISCAL 2015 HIGHLIGHTS Valener Normalized operating cash flows1 per common share of $1.53, up 50% from fiscal 2014; Increase in annualized dividend from $1.04 to $1.08 per common share as of January 15, 2016; Adjusted net income1 of $45.3 million, up 23.4% ($8.6 million), or $1.19 per common share, compared to $0.97 in fiscal 2014; [Read more]
Valener and Gaz Métro report fiscal 2015 results
Valener: 50% increase in normalized operating cash flowsGaz Métro: Record net income and 3.6% increase in distributions to Partners announced FISCAL 2015 HIGHLIGHTS Valener Normalized operating cash flows1 per common share of $1.53, up 50% from fiscal 2014; Increase in annualized dividend from $1.04 to $1.08 per common share as of January 15, 2016; Adjusted net income1 of $45.3 million, up 23.4% ($8.6 million), or $1.19 per common share, compared to $0.97 in fiscal 2014; [Read more]
Virginia Hills Oil Corp. Announces Third Quarter 2015 Results
TSX Venture Exchange: VHO CALGARY, Nov. 27, 2015 /CNW/ - Virginia Hills Oil Corp. ("Virginia Hills" or the "Company") announces its operating and financial results for the three and nine months ended September 30, 2015 and that its unaudited interim financial statements and related Management's Discussion and Analysis ("MD&A") for the quarter ended September 30, 2015 are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com or on the [Read more]
Commodity Prices Rally in October, but Lose Ground Again in November: Scotiabank
TORONTO, ON--(Marketwired - November 27, 2015) - Scotiabank's Commodity Price Index rallied 3.7% month-over-month (m/m) in October, but remained 29.1% lower than a year ago. An easing of concern over the slowdown in China's economy and a potential Fed interest rate hike contributed to the lift in commodity prices last month. However, these concerns returned in November, with investment funds bidding down oil and base metal prices."The further slowdown in China's industrial activity to 5.6% [Read more]
Hawk Announces Third Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2015) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) is pleased to announce its results for the three and nine months ended September 30, 2015. The Corporation's interim financial statements for the three and nine months ended September 30, 2015 and its management's discussion and analysis for the three and nine months ended September 30, 2015 are available for viewing on SEDAR at www.sedar.com under Hawk's profile or on the [Read more]
Deal Update and Sequa Petroleum N.V. General Meeting 7th January 2016
LONDON, Nov. 27, 2015 /CNW/ - Deal Update Sequa Petroleum is pleased to announce that it has signed a funding agreement with Sapinda Invest Sarl to provide up to USD 62.5 million as a convertible loan to address current funding needs and provide a portion of the equity required for the announced acquisitions. The loan will bear an interest rate of 8%, and will be convertible into Sequa shares at a price of Euro 2.55 per share no later than 2 years from signing, or otherwise when all funds [Read more]
Deal Update and Sequa Petroleum N.V. General Meeting 7th January 2016
LONDON, November 27, 2015 /PRNewswire/ -- Deal Update Sequa Petroleum is pleased to announce that it has signed a funding agreement with Sapinda Invest Sarl to provide up to USD 62.5 million as a convertible loan to address current funding needs and provide a portion of the equity required for the announced acquisitions. The loan will bear an interest rate of 8%, and will be convertible into Sequa shares at a price of Euro 2.55 per share no later than 2 years from signing, or otherwise when [Read more]
Spyglass Resources Corp. Announces Appointment of Receiver
CALGARY, Nov. 26, 2015 /PRNewswire/ - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX: SGL, OTCQX: SGLRF) announces that the Court of Queens Bench of Alberta has granted the application of the Company's syndicate of lenders, to appoint Ernst & Young Inc. (the "Receiver") as receiver and manager over the assets, undertakings and property of Spyglass and its subsidiaries. The Receiver is charged with managing the day to day affairs of the Corporation during the period of its [Read more]
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