BOE Report

i3 Energy PLC announces issue of share options

EASTLEIGH, UK - As announced on 9 July 2021 and in accordance with the rules of the Company's Share Option Plan, i3 Energy plc announces that it has issued options over 53,705,491 ordinary shares to i3 staff and board, and has additionally issued 1,750,000 options to incoming staff and conditionally allocated 3,750,000 for additional hires as part of the Company's recent acquisition of assets as announced on 7 July 2021 (collectively the 'Options'). The exercise price of the Options is 11 pence [Read more]

i3 Energy PLC announces operational update

EASTLEIGH, UK - i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, announces the following update. Marten Hills Clearwater Drilling Well completion, production equipment installation and tie-in operations have been completed for wells 01-12-075-26W4 and 02-12-075-26W4. Eight horizontal lateral legs (totalling 13,057m in the 01-12 well and 12,644m in the 02-12 well, at a maximum true vertical depth of 630m) were drilled [Read more]

i3 Energy PLC announces issue of share options

EASTLEIGH, UK - As announced on 9 July 2021 and in accordance with the rules of the Company's Share Option Plan, i3 Energy plc announces that it has issued options over 53,705,491 ordinary shares to i3 staff and board, and has additionally issued 1,750,000 options to incoming staff and conditionally allocated 3,750,000 for additional hires as part of the Company's recent acquisition of assets as announced on 7 July 2021 (collectively the 'Options'). The exercise price of the Options is 11 pence [Read more]

ROK Resources announces issuance of stock options

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV: ROK) announces that the Board of Directors has awarded a total of 4,150,000 options to directors, officers and consultants of the Company. The options are exercisable into common shares in the capital of the Company at an exercise price of $0.28 per share. The options vest as to one third immediately with an additional one third vesting on the first anniversary of the date of grant with the remainder vesting on the second [Read more]

PetroFrontier Corp. announces closing of private placement

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Company") (TSXV:PFC) is pleased to announce the following: Private Placement PetroFrontier has completed a non-brokered private placement for aggregate gross proceeds of $373,469 (the "Private Placement") whereby the Company issued an aggregate of 4,979,583 common shares ("Common Shares") from its treasury at a price of $0.075 per Common Share. Proceeds from the Private Placement will be used to fund development and provide [Read more]

ROK Resources announces upcoming development drilling program

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) As per previous press releases, ROK has completed a series of acquisitions including the acquisition of producing assets in the Glen Ewen area effective June 2020 and the Florence area effective April 2021. Total consideration for the acquisitions was $4,835,000. As of May 2021, these assets are producing an estimated 240 Boepd. The recent $6.2 million equity and secured note financing has financed these recent acquisitions and [Read more]

ROK Resources announces second closing of the note financing

REGINA, SK - ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK) is pleased to announce that it has completed a second closing of $900,000 of senior secured notes of the Company ("Notes") bringing the total closed to date to $3,500,000 of the targeted $4,000,000 total. The Company has received commitments for the remaining $500,000 and is expected to close on that amount in the third week of July. Cameron Taylor, President and Chief Executive Officer, stated: "We are very pleased with the [Read more]

Perisson announces an increase in its working interests for its twining property and completion of debenture financings

CALGARY, AB - Perisson Petroleum Corp. (the 'Company' or 'Perisson') (TSXV:POG) is pleased to announce that it has exercised several right of first refusal options (the 'ROFR Interest'), resulting from the sale of property in the area by a working interest partner. The closing of the sale is scheduled for later today, June 8, 2021. Based on Perisson's reserve report with an effective date of January 1, 2020, prepared by an independent reserve evaluator in accordance with the COGE Handbook, [Read more]

Petrofrontier Corp. announces private placement of common shares

CALGARY, AB - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSX-V:PFC) announces its intention to complete a private placement of common shares of the Corporation ("Common Shares") at a price of $0.075 per Common Share for proceeds of up to $400,000 (the "Private Placement"). The Corporation intends to rely on the following exemptions from prospectus requirements in relation to the Private Placement: The "accredited investor" exemption; and The exemption for sales to [Read more]

i3 Energy PLC announces result of general meeting

EASTLEIGH, ENGLAND - i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that, following the conclusion of its general meeting held earlier today, the resolution was duly passed to cancel the Company's share premium account. The table below sets out the results of the voting on the resolution: Resolution Votes for % Votes against % To cancel the Company's share [Read more]