VANCOUVER, B.C. - TheNewswire - January 18, 2021 – Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSXV:HRH) (OTC:HLRTF), announces that it has closed a non-brokered private placement of up 25,340,000 units of the Company (the “Units”) at a price of $0.05 per Unit for gross proceeds of up to $1,267,000 (the “Offering”). Each unit consists of one common share (a “Share”) and one share purchase warrant (the “Warrant”). Each Warrant will be exercisable into an additional common share of [Read more]
Hillcrest signs technology transfer MOI
November 24, 2020 - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest") (TSXV:HRH) (OTC:HLRTF) has signed a Memorandum of Intent with ANIGO Technologies Inc. (ANIGO) outlining a licensed technology transfer arrangement whereby the Parties intend to jointly develop new IP based on ANIGO's proven electric machine control technology software. The resulting new IP will incorporate ANIGO's existing IP and is expected to provide a substantial platform for future IP to be developed by Hillcrest, as [Read more]
Hillcrest signs LOI to joint venture IP, technologies, and opportunities with battery management and energy storage solution company
November 18, 2020 - Vancouver, B.C. - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest") (TSXV:HRH) (OTC:HLRTF) has signed a Letter of Intent with Extreme Vehicle Battery Technologies Corp. (CSE:ACDC), to form a joint venture whereby each party contributes their respective clean energy IP, technology, specialized technical capability and management to develop and commercialize scalable, smart, renewable energy management systems to service the rapidly growing electric vehicle (EV) and [Read more]
Hillcrest to Trade on OTCQB in the US
October 19, 2020 - TheNewswire - VANCOUVER, B.C. - Hillcrest Petroleum Ltd. (TSXV:HRH) (OTC:HLRTF) (the "Company") is pleased to announce that, effective Monday October 19th, it has been invited to trade on the OTCQB in the United States. The company will trade under the symbol HLRTF in the US. "Being approved and invited to trade on the OTCQB is a key step in the company's objective of accessing a potentially wider investor base." states Don Currie, Hillcrest CEO. "Expanding and transitioning [Read more]
Hillcrest signs chief technology consultant
October 7, 2020 - TheNewswire - Vancouver, B.C. - Hillcrest Petroleum Ltd. (TSXV:HRH) (OTC:HLRTF) (the "Company") is pleased to announce that it has expanded its executive team and engaged Ari Berger as Chief Technology Advisor. Mr. Berger is an expert in electric motor control technologies with specific expertise in system engineering. Mr. Berger's latest position was as the Chief Technology Officer at Exro Technologies Inc, a TSX.V listed electromotive technology company. He is the owner of [Read more]
Galileo Exploration announces closing of shares for debt transaction
VANCOUVER, British Columbia - Galileo Exploration Ltd. (the "Company" or "Galileo") (TSXV:GXL) is pleased to announce that it has closed its shares for debt transaction, previously announced on August 13, 2020 (the "Transaction"). Pursuant to the Transaction, an aggregate of $524,665.28 of the Company's outstanding debts were settled through the issuance of 10,493,306 common shares in the capital of the Company ("Shares") at a deemed price of $0.05 per Share. The creditors included certain [Read more]
Hillcrest Shareholder Update
September 10, 2020 - TheNewswire - Vancouver, B.C. - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest") (TSXV:HRH) (OTC:HLRTF), is pleased to provide the following update to our shareholders covering numerous company initiatives and financial results. ALSET Innovation (ALSET) Hillcrest received conditional approval from the TSX.V, for the previously announced ALSET licensing agreement, pursuant to which Hillcrest was granted a license over the ALSET technology by Oropass Ltd., during the [Read more]
Hillcrest to Delist from the TSXV and Apply for Listing on the CSE
September 8, 2020 - Vancouver, B.C. - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest") (TSXV:HRH) (OTC:HLRTF), announces that the Company anticipates applying to the TSX Venture Exchange (the "TSXV") to delist its common shares (the "Shares"), and that the Company intends to apply to list its Shares on the Canadian Securities Exchange (the "CSE"). The Company believes listing the Shares on the CSE will deliver additional value to the shareholders as a result of the Company being subject [Read more]
Hillcrest Acquires 100% Working Interest in West Hazel
August 6, 2020 - TheNewswire - VANCOUVER, B.C. - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest"), (TSXV:HRH), (OTC:HLRTF), is pleased to announce the Company has signed a term sheet with a New York based firm for a CDN $5,000,000 convertible loan. Hillcrest announced July 14th that The Company was evaluating a funding proposal which would allow it to potentially access up to $5 million for West Hazel field development activities and the funding was conditional on Hillcrest purchasing the [Read more]
Hillcrest announces oversubscribed private placement & warrant incentive program results
August 4, 2020 - VANCOUVER, B.C. - Hillcrest Petroleum Ltd. (the "Company" or "Hillcrest"), (TSXV:HRH), (OTC:HLRTF) is pleased to announce the non-brokered private placement of up 20,000,000 units of the Company (the "Units") at a price of $0.05 per Unit for gross proceeds of up to $1,000,000 (the "Offering") has been oversubscribed resulting in 20,442,000 units being purchased for a total of $1,022,100.00. Each Unit consists of one common share (a "Share") and one-half of a share purchase [Read more]
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