CALGARY, ALBERTA--(Marketwired - Dec. 30, 2014) - Southern Pacific Resource Corp.'s ("Southern Pacific" or the "Company") (TSX:STP) Board of Directors has been engaged in a strategic review process with RBC Capital Markets, its financial advisor, to devise and implement a strategy to address the Company's liquidity and financing requirements and improve its capital structure. Strategic and financial alternatives under consideration are focused on relieving the financial burden of the current [Read more]
Northern Spirit Resources Inc. Announces Closing of Private Placement
CALGARY, ALBERTA--(Marketwired - Dec. 29, 2014) - Northern Spirit Resources Inc. ("Northern Spirit" or the "Corporation") (TSX VENTURE:NS) is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") of common shares in the capital of the Corporation issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares"). The Corporation issued an aggregate of 10,000,000 Flow-Through Shares in the Private [Read more]
CaiTerra International Energy Corporation Announces Closing of Second Tranche of Previously Announced Private Placement Financing
CALGARY, ALBERTA--(Marketwired - Dec. 29, 2014) - CaiTerra International Energy Corporation (the "Company") (TSX VENTURE:CTI) announces that it has closed the second tranche of its previously announced private placement financing of common and flow-through shares and has issued an aggregate of 300,000 common shares of the Company on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at a price of $0.25 per Flow-Through Share for aggregate proceeds of [Read more]
StonePoint Energy Announces Expiry of Rights Offering
CALGARY, ALBERTA--(Marketwired - Dec. 29, 2014) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. StonePoint Energy Inc. (TSX VENTURE:STO) ("StonePoint" or the "Company") announces that its rights offering expired on Wednesday, December 24, 2014. Under the rights offering, eligible shareholders were entitled to one right per common share, with every five rights being exercisable for one common share of the Company at an exercise price of $0.11 [Read more]
TransCanada Adds Eighth Solar Facility to Power Portfolio
TORONTO, ONTARIO--(Marketwired - Dec. 29, 2014) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has acquired the eighth Ontario solar facility from Canadian Solar Solutions Inc. (Canadian Solar). The newly built Liskeard 1 facility has a generating capacity of 10-megawatts and is located in northeastern Ontario in the New Liskeard region. The acquisition of Liskeard 1 is part of a larger purchase agreement with Canadian Solar signed in 2011, bringing [Read more]
Lundin Petroleum AB: First Oil From the Brynhild Field, Offshore Norway
STOCKHOLM, SWEDEN--(Marketwired - Dec. 29, 2014) - Lundin Petroleum AB (OMX:LUPE) (Lundin Petroleum) is pleased to announce that first oil from the Brynhild field has been achieved. The Brynhild field commenced production on 25 December 2014. The Brynhild field, located on PL148 in the Norwegian sector of the North Sea, is a subsea tie-back to the Pierce field, operated by Enterprise Oil Ltd (a subsidiary of Shell U.K. Limited), in the UK sector. The Brynhild field is estimated [Read more]
Northern Spirit Resources Inc. Announces Closing of Private Placement
CALGARY, ALBERTA--(Marketwired - Dec. 24, 2014) - Northern Spirit Resources Inc. ("Northern Spirit" or the "Corporation") (TSX VENTURE:NS) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Private Placement") of common shares in the capital of the Corporation issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares"). In this first tranche, the Corporation issued an aggregate of [Read more]
Desmarais Announces Receipt of Notice of Intention to Enforce Security and Resignation of Officers
CALGARY, ALBERTA--(Marketwired - Dec. 23, 2014) - Desmarais Energy Corporation (TSX VENTURE:DES) (the "Corporation") advises that Doug Robinson has resigned as President and Chief Executive Officer of the Corporation, and as a Director of the Corporation, effective immediately. Further, the Corporation has received a Notice of Intention to Enforce a Security under Rule 124 of the Bankruptcy and Insolvency Act (Canada) (the "Notice of Intention") from 323 Holdings Ltd. ("323 Holdings"), a company [Read more]
Stonehaven Announces Closing of $3.4 Million Private Placement of Flow-Through Shares
CALGARY, ALBERTA--(Marketwired - Dec. 23, 2014) - Stonehaven Exploration Ltd. ("Stonehaven" or the "Company") (TSX VENTURE:SE) reports that it has closed its previously announced private placement offering (the "Offering") of 2,267,000 common shares of the Company issued on a "flow-through" basis (the "Flow-Through Shares") at a price of $1.50 per Flow-Through Share, resulting in gross proceeds of $3,400,500. The gross proceeds of the Flow-Through Shares will be used by the Company to incur [Read more]
Enbridge Energy Partners Approves Alberta Clipper Pipeline Drop Down Acquisition and 3 Percent Initial 2015 Distribution Increase
HOUSTON, TX--(Marketwired - Dec 23, 2014) - Enbridge Energy Partners L.P. (NYSE: EEP) (NYSE: EEQ) ("EEP" or the "Partnership") announced today that agreement has been reached on the terms of the drop down to the Partnership of the remaining 66.7 percent interest in the U.S. segment of the Alberta Clipper Pipeline from its general partner, Enbridge Energy Company, Inc., ("EECI"), a U.S. affiliate of Enbridge Inc. (NYSE: ENB) ("ENB"), previously announced on September 17, 2014. The drop down is [Read more]
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