CALGARY, AB / ACCESSWIRE / June 7, 2023 / Avila Energy Corporation ("Avila" or the "Company" or "Avila Energy"), trading symbol "CSE:VIK.CN", is pleased to announce the Company's acceptance of an initial financing commitment of U.S. $10 Million in Convertible Debentures and agreed upon use of proceeds in 2023. The Company over the course of the past 2 months after completing a series of meetings with qualified parties for the financing of up to U.S. $35,000,000 in Convertible Debentures as [Read more]
i3 Energy PLC announces final results for the year ended 31 December 2022
EASTLEIGH, UK / ACCESSWIRE / June 7, 2023 / 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 the audited results for the year ended 31 December 2022. A copy of the Company's financial statements will be posted to shareholders and made available shortly on the Company's website at https://i3.energy. The Notice of Annual General Meeting ("AGM") will be posted in due course. The AGM will be held at 11:00 am [Read more]
i3 Energy ordinary share cancellation
i3 Energy Ordinary Share Cancellation EASTLEIGH, UK / ACCESSWIRE / June 1, 2023 / i3 Energy plc (AIM:I3E)(TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, announces that the time limit for shareholders in Toscana Energy Income Corporation ("Toscana") to claim their ordinary shares in the Company from Odyssey Trust Company ("Odyssey") pursuant to the Company's acquisition of Toscana by way of a plan of arrangement (the "Arrangement") involving, [Read more]
Avila Energy Corporation files financial reports for the three months ended March 31, 2023
CALGARY, AB / ACCESSWIRE / May 31, 2023 / Avila Energy Corporation ("Avila" or the "Company" or "Avila Energy"), trading symbol "CSE:VIK.CN", is pleased to announce the filing of its Financial Results for the three months ended March 31, 2023. Highlights Revenues Three months ended March 31, 2023 2022 Oil and natural gas revenue Heavy oil $ 199,373 $ 166,761 Natural gas 733,218 313,890 Natural gas [Read more]
i3 Energy PLC announces settlement of loan notes and new loan facility
Settlement of Outstanding Loan Notes and Establishment of New CAD100 Million Loan Facility EASTLEIGH, UK / ACCESSWIRE / May 31, 2023 / 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 the successful settlement of the Company's outstanding £22 million Senior Secured Guaranteed Loan Notes (the "Loan Notes"), due May 31st, 2023, and the establishment of a CAD100 million loan facility, which will provide [Read more]
PetroFrontier Corp. announces filing of Q1 2023 financial and operating results and funding arrangement
CALGARY, AB / ACCESSWIRE / May 30, 2023 / PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSX-V:PFC) is pleased to announce that the Corporation's Financial Statements and Management's Discussion and Analysis for the period ended March 31, 2023 have been filed on SEDAR (www.sedar.com). Funding Arrangement PetroFrontier is also pleased to announce that it has entered into a funding arrangement with a group of investors providing up to $3 million to drill two multi-lateral wells [Read more]
ROK Resources files financial results and management discussion & analysis for the first quarter of 2023
REGINA, SK / ACCESSWIRE / May 26, 2023 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(TSXV:ROK.WT)(OTCQB:ROKRF), has filed its interim Financial Results and Management Discussion and Analysis for the three months ended March 31, 2023. Financial and Operating Highlights In Q1 2023, the Company realized production volume of 372,570 total boe (4,140 boe/d), resulting in crude and natural gas sales of $24.1 million and funds from operations of $13.3 million. This equates to an [Read more]
Touchstone announces additional US$7 million revolving loan facility
CALGARY, AB / ACCESSWIRE / May 26, 2023 / Touchstone Exploration Inc. ("Touchstone", "we", "our" or the "Company") (TSX:TXP)(LSE:TXP) announces that Touchstone Exploration (Trinidad) Ltd., our wholly owned Trinidadian subsidiary, has entered into a second amended and restated loan agreement with our Trinidad based lender providing for an additional US$7 million revolving loan (the "Amended Loan Agreement"). The Amended Loan Agreement provides for a US$7 million revolving loan facility in [Read more]
Touchstone confirms CEO Settlement with the Alberta Securities Commission
CALGARY, AB / ACCESSWIRE / May 17, 2023 / Touchstone Exploration Inc. (TSX, LSE:TXP) ("Touchstone" or the "Company") announces that its President and Chief Executive Officer, Paul Baay, has entered into a Settlement Agreement with the Alberta Securities Commission (the "ASC") in relation to a breach of Section 147(4) of the Securities Act (Alberta) (the "Settlement Agreement"). Pursuant to the Settlement Agreement, Mr. Baay admits that he, on six occasions between December 2019 and April [Read more]
i3 Energy PLC announces June 2023 dividend declaration
EASTLEIGH, UK / ACCESSWIRE / May 17, 2023 / 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 the following update. Monthly Dividend i3 announces its monthly dividend totalling £2.055 million and confirms the following: Dividend: 0.171 pence/share Ex-Dividend Date: 25 May 2023 Record Date: 26 May 2023 Payment date: 16 June 2023 Payment to shareholders holding their shares on the TSX [Read more]
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