CALGARY, Alberta and HONG KONG, Aug. 25, 2015 /CNW/ -- PRIVATE PLACEMENT TO NON-CONNECTED PARTIES Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) wishes to announce that based on current adverse market conditions, the private placement of HK$155,028,000 of Common Shares of the Corporation to Grand East Wealth Investment Co., Ltd. and City Legend Group Limited (collectively, the "Subscribers") has been mutually terminated by Sunshine and the Subscribers. [Read more]
Surge Energy Inc. Announces Record Drilling Results; Initiation of Share Buy Back; and Executive Appointment
CALGARY, Aug. 25, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces continued drilling success on the Company's Upper Shaunavon crude oil discovery in SW Saskatchewan, and at Valhalla in NW Alberta, and the initiation of its previously announced share buy back. In addition, Surge announces the appointment of Mr. Paul Ferguson, to the position of Chief Financial Officer. RECORD DRILLING RESULTS Surge has completed and placed on production the four net wells [Read more]
SilverWillow Energy Corporation Completion of Amalgamation
CALGARY, Aug. 25, 2015 /CNW/ - SilverWillow Energy Corporation (TSXV: SWE) ("SilverWillow"), announces the completion of the previously announced amalgamation of SilverWillow and 9341102 Canada Inc. ("AcquireCo"), a wholly-owned subsidiary of Value Creation Inc. ("Value Creation"), under the Canada Business Corporations Act (the "Amalgamation"). As a result of the Amalgamation, and in accordance with the acquisition agreement dated July 2, 2015 among SilverWillow, AcquireCo and Value Creation, [Read more]
Major University Partnership for Squatex in the Lower St. Lawrence Area
BROSSARD, QC, Aug. 25, 2015 /CNW Telbec/ - The management of Ressources & Énergie Squatex Inc. (Squatex) is pleased to announce the conclusion of an academic partnership with the Institut National de Recherche Scientifique (INRS) to conduct important geosciences studies in the Lower St. Lawrence area. These studies will provide a 3D modeling and a determination of the reservoir potential of the Sayabec Formation. Until recently, the Lower St. Lawrence, unlike the Gaspé peninsula, remained an [Read more]
Toro Oil & Gas Ltd. reports second quarter 2015 financial and operating results along with initial first-phase drilling update
CALGARY, Aug. 25, 2015 /CNW/ - Toro Oil & Gas Ltd. (TSXV: TOO) ("Toro" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2015. Selected financial and operational information is set out below and should be read in conjunction with Toro's June 30, 2015 interim financial statements and the related management's discussion and analysis, which are available for review at www.sedar.com or the Company's website at [Read more]
SilverWillow Energy Corporation Amalgamation approved by shareholders
CALGARY, Aug. 24, 2015 /CNW/ - SilverWillow Energy Corporation (TSXV: SWE) ("SilverWillow" or the "Company"), is pleased to announce that the proposed amalgamation (the "Amalgamation") of SilverWillow and 9341102 Canada Inc. ("AcquireCo"), a wholly-owned subsidiary of Value Creation Inc. ("Value Creation"), has been approved by holders ("SilverWillow Shareholders") of common shares ("SilverWillow Shares") at a special meeting of SilverWillow Shareholders held today (the "Meeting"). On July [Read more]
Couche-Tard will release its 2016 first quarter results on September 1st
LAVAL, QC, Aug. 24, 2015 /CNW Telbec/ - Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B), will be issuing on September 1st, 2015 the financial results for its first quarter of 2016. Therefore, Couche-Tard invites analysts known to the Corporation to send their two questions to its management before 11:00 AM (EDT) on September 1st, 2015. Financial analysts and investors who wish to listen to the webcast on Couche-Tard's results which will take place online on September 1st, 2015 at 2:30 P.M. [Read more]
Ontario Businesses Applaud Agreement Between TransCanada, Enbridge Gas Distribution and Union Gas
TORONTO, Aug. 24, 2015 /CNW/ - In response to news that TransCanada's Energy East Pipeline project has reached an agreement with Ontario and Quebec distributors to guarantee long-term savings for natural gas consumers, the Ontario Chamber of Commerce and Canadian Manufacturers and Exporters today welcomed the announcement. "As representatives of Ontario's business community, we applaud TransCanada and Ontario's gas companies, Enbridge Gas Distribution and Union Gas, for working [Read more]
Quebec government approves the Stolt LNGaz natural gas liquefaction plant development in Bécancour
MONTREAL, Aug. 24, 2015 /CNW Telbec/ - The Stolt LNGaz project aims to produce 500,000 tons of liquefied natural gas (LNG) at its future Bécancour plant and to distribute the LNG, primarily via LNG tankers, to Quebec businesses not connected to the existing natural gas distribution network. "With the Bécancour project, Quebec will become the global model for the production and distribution of LNG on a regional scale," affirmed Mr Rodney Semotiuk, Chief Executive Officer of Stolt LNGaz. Mr. [Read more]
Eastern Local Distribution Companies and TransCanada PipeLines Resolve Energy East Natural Gas Supply Concerns
Agreement in principle would protect natural gas consumers' interests MONTRÉAL, TORONTO and CHATHAM, ON, Aug. 24, 2015 /CNW/ - Local distribution companies Gaz Métro, Union Gas and Enbridge Gas Distribution (Enbridge Gas) announced today that they have reached an Agreement in Principle with TransCanada PipeLines Limited (TransCanada) that would protect natural gas supply for Québec and Ontario natural gas customers. TransCanada's Energy East oil pipeline project proposes the [Read more]
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