BOE Report

PetroFrontier Corp. announces credit facility

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSXV:PFC) is pleased to announce that it has secured a credit facility enabling it to meet its drilling commitments. Credit Facility The commitment letter provided to the Corporation provides for advances in the amount of up to CDN $2,000,000 (the "Credit Facility") from a syndicate of lenders including Kasten Energy Inc. ("Kasten") and Paul Cheung (collectively, the "Lenders"). Kasten and Paul Cheung are insiders of [Read more]

Bird River Resources closes $700,000 private placement

WINNIPEG, MB - Bird River Resources Inc. (CSE:BDR) ("Bird River" or the "Company") is pleased to announce that further to the Company's press release dated February 1, 2021, the Company closed on February 23, 2021 the non-brokered private placement financing of common shares in the capital of the Company (the "Common Shares") for aggregate gross proceeds of $700,000 at a price of $0.10 per Common Share (the "Offering"). In connection with the Offering, eligible finders received an aggregate [Read more]

Bird River Resources announces private placement financing

WINNIPEG, MB - Bird River Resources Inc. (CSE:BDR) ("Bird River" or the "Company") is pleased to announce that it has retained First Republic Capital Corporation ("First Republic") to act as its exclusive lead finder in respect of a non-brokered private placement to raise up to $700,000 (the "Offering") on a best efforts basis. Under the Offering, the Company intends to issue up to 7,000,000 common shares at ten cents ($0.10) per common share. The Company has agreed to pay First Republic a [Read more]

Nexera announces private placement

CALGARY, AB & SAN ANTONIO, TX - Nexera Energy Inc. (TSXV:NGY)(OTC PINK:EMBYF) (the "Corporation", the "Company" or "Nexera") today reported that the Corporation is proposing a private placement offering of up to $500,000 (up to maximum of 8,333,333 common shares ("Common Shares") of the Corporation). The Common Shares are to be issued under a unit offering whereby up to a maximum of 8,333,333 units ("Units") at a subscription price of $0.06 per Unit are to be offered. Each Unit shall consist [Read more]

Bird River Resources announces sale of interests in Manitoba oil wells

WINNIPEG, MB - Bird River Resources Inc. (CSE:BDR) ("Bird River" or the "Company") announces the sale of 100% of the Company's shareholdings in 2411181 Manitoba Ltd. ("2411181") under a share sale & assignment agreement (the "Assignment") with an arms-length party (the "Acquirer"). The transaction is now effectively closed. 2411181 was a subsidiary holding company of Bird River, which holds a minority interest in nine oil wells of which three were non-active and subsequently were shut-in [Read more]

PetroFrontier Corp. announces filing of third quarter 2020 financial statements

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSXV:PFC) announces that the Corporation's third quarter 2020 Financial Statements and Management's Discussion and Analysis have been filed on SEDAR (www.sedar.com). About PetroFrontier Corp. PetroFrontier is a junior energy company currently focused on developing two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta. PetroFrontier's head office is in Calgary, Alberta and its common shares [Read more]

Bird River Resources announces plans to consolidate

WINNIPEG, MB - Bird River Resources Inc. (CSE:BDR) ("BDR" or the "Company") announces its plans to consolidate all of the Company's issued and outstanding common shares (the "Share" and, collectively, "Shares") on the basis of twelve (12) to one (1) (the "Consolidation"). The Consolidation was approved by special resolutions of shareholders at the Company's annual general and special meeting held on September 25, 2020. Effective November 17, 2020, with a record date of November 18, 2020, the [Read more]

ROK resources announces closing of private placement financing

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce that it has closed its previously announced financing consisting of units of the Company (each a "Unit") at a price of $0.20 per Unit for total gross proceeds of $1,392,000 (the "Offering"). Each Unit consisted of a common share in the capital of the Company (each, a "Common Share") and included one half of one common share purchase warrant (each, a "Warrant"), with each Warrant exercisable at a price of [Read more]

PetroFrontier Corp. announces closing of private placement

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSXV:PFC) is pleased to announce the following: Private Placement PetroFrontier has completed a non-brokered private placement for aggregate gross proceeds of $408,000 (the "Private Placement") whereby the Company issued an aggregate of 10,200,000 common shares ("Common Shares") from its treasury at a price of $0.04 per Common Share. Based on the gross proceeds of the Private Placement, the use of proceeds will be as [Read more]

Bird River Resources announces sale of High Point Oil Inc.

WINNIPEG, MB - Bird River Resources Inc. (CSE:BDR) (the "Company") is pleased to announce that its sale of 100% of the Company's shareholdings in High Point Oil Inc. ("HPO") under a share purchase agreement (the "Share Purchase") with an arms-length party (the "Acquiror", and with the Company, the "Parties") has closed, as initially disclosed in the Company's news release of August 4, 2020. Under the terms of the Share Purchase, the Acquirer paid the Company $90,000 CAD to acquire: 100% [Read more]