CALGARY, Alberta, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (PEI: TSX-V; OF6A: FRA) ("Prospera", “PEI” or the "Corporation") Private Placement Prospera Energy Inc. announces it is expecting to close the first tranche of its non-brokered unit offering, for total proceeds of $500,000. Each unit, priced at $1,000 per unit, consists of: (i) a one-year secured promissory note with a principal amount of $1,000, carrying a 12% annual interest rate, and (ii) 5,000 common share purchase [Read more]
Petrus Resources announces monthly activity update
CALGARY, Alberta, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken [Read more]
Petrus Resources Declares Monthly Dividend for December 2024
CALGARY, Alberta, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable December 30, 2024, to shareholders of record on December 16, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan ("DRIP") Petrus' DRIP enables eligible shareholders to reinvest all or part of [Read more]
Petrus Resources announces implementation of dividend reinvestment plan
CALGARY, Alberta, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that it has adopted a dividend reinvestment plan (the "DRIP"), which enables eligible shareholders that elect to participate in the DRIP to reinvest all or part of their cash dividends into additional common shares ("Common Shares") of the Company in an efficient and cost effective manner. Eligible shareholders may elect to participate in the DRIP commencing [Read more]
Prospera Energy Inc. announces Q3 2024 financial results
CALGARY, Alberta, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (PEI: TSX-V; OF6B: FRA) ("Prospera" or the "Corporation") Prospera Energy Inc. (TSXV: PEI) (“Prospera” or the “Company”) is pleased to announce its operating and financial results for the three and nine months ended September 30th, 2024. Selected financial and operating information should be read in conjunction with Prospera’s unaudited consolidated financial statements and related management’s discussion and analysis [Read more]
Gran Tierra Energy Inc. announces exploration success in Ecuador and strategic Joint Venture transaction and partnership to accelerate value in high-impact Canadian Montney oil play with Logan Energy Corp.
CALGARY, Alberta, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is pleased to report that another significant milestone has been achieved in Ecuador with a seventh successful oil discovery further confirming the significant potential of the Arawana / Zabaleta field area. In addition, we are excited to announce that Gran Tierra (by way of its wholly-owned subsidiary) has entered into a purchase and sale agreement [Read more]
Freehold Royalties to host Investor Day on December 3, 2024
CALGARY, Alberta, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) will be hosting an Investor Day on December 3, 2024, beginning at 10:00am MST at the Calgary Petroleum Club in Calgary, Alberta. Please contact investor relations with any questions at investorrelations@freeholdroyalties.com. Registration for the live broadcast and on-demand replay is available at https://edge.media-server.com/mmc/nd7636wf. Freehold’s 2024 Asset Book and Investor [Read more]
Cenovus Energy announces redemption of Series 3 Preferred Shares
CALGARY, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (“Cenovus” or the “Company”) (TSX: CVE) (NYSE: CVE) announced today it will exercise its right to redeem the Company’s 4.689% Series 3 Preferred Shares (the “Series 3 Preferred Shares”) on December 31, 2024 (the “Redemption”). All 10 million Series 3 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount payable to holders of $250 million, less required withholdings, if any, [Read more]
Enerflex Ltd. announces the appointment of a new independent Director
CALGARY, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) announced the appointment of Mr. Ben Cherniavsky to its Board of Directors (the “Board”), effective today. “We are pleased to welcome Ben to our Board, continuing Enerflex's ongoing process of Board renewal which has resulted in the addition of five new directors in the past four years,” said Kevin Reinhart, Chair of the Enerflex Board. “Ben is a seasoned financial [Read more]
Birchcliff Energy Ltd. receives TSX approval for renewal of normal course issuer bid
CALGARY, Alberta, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the Corporation’s notice of intention to make a normal course issuer bid (the “NCIB”). The NCIB allows Birchcliff to purchase up to 13,489,975 common shares, which represents 5% of its 269,799,514 common shares outstanding as at November 14, 2024. The NCIB will commence on November 27, 2024 and [Read more]
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