Calgary, Alberta - Paleo Resources, Inc. (“Paleo” or the “Corporation”) (TSXV:PRE) is pleased to announce the following updates. Appointment of New Chief Financial Officer & Comptroller Matthew P. Milligan has been appointed by Paleo’s directors to serve as the Chief Financial Officer and Controller of the Corporation. Matt obtained both his Bachelors and Masters in Accounting from Trinity University in San Antonio. He started his career at KPMG as a public auditor focused primarily on the [Read more]
Paleo Resources, Inc. announces board and management changes, and appoints new auditor
Calgary, Alberta - Paleo Resources, Inc. (“Paleo” or the “Corporation”) (TSXV:PRE) announced today changes to its Board of Directors and Officers. Roger S. Braugh, Jr. has resigned as Chief Executive Officer, Thomas M. Crain, Jr. has resigned as Secretary and Jeff Harder has resigned as a Director of the Corporation. Mr. Crain and Mr. Braugh will remain as Directors of the Corporation. Paleo would like to thank Mr. Harder, Mr. Crain and Mr. Braugh for their service and dedication to the [Read more]
US carbon hub developer, Carbonvert Inc., partners with participating Treaty Six First Nations, and Kanata Clean Power to address Alberta’s request for equitable carbon sequestration hub proposal
CALGARY, ALBERTA and DENVER, COLORADO – Carbonvert Inc. (“Carbonvert”) is pleased to announce that it has joined participating Treaty Six First Nations, led by founding partners Frog Lake First Nations #121 & #122 and Kehewin Cree Nation, and Kanata Clean Power & Climate Technologies Corp. (“Kanata”) as partners in the Treaty Six-Kanata Carbon Hub Limited Partnership (“T6-Kanata CarbonHub”) to respond to the Province of Alberta’s December 2, 2021, request for full project proposals [Read more]
Hillcrest announces termination of license agreement with Oropass
VANCOUVER, B.C. – Hillcrest Energy Technologies (CSE:HEAT) (CNSX:HEAT.CN) (OTC:HLRTF) (FRA:7HI.F) (the “Company” or “Hillcrest”), announces the termination of its license agreement with Oropass Ltd. (“Oropass”) dated August 10, 2020 (the “License Agreement”) with respect to the licensing of certain technology related to step change efficiency gains for electric vehicles, wind turbines and other electricity generation (the “Technology”). The intention was for Oropass and Hillcrest to contribute [Read more]
Hillcrest closes over subscribed private placement
VANCOUVER, BC – Hillcrest Energy Technologies (CSE:HEAT) (CNSX:HEAT.CN) (OTC:HLRTF) (FRA:7HIA.F) (“Hillcrest” or the “Company”), a cleantech innovation and e-mobility development company, is pleased to announce the Company has closed a non-brokered private placement previously announced on November 30, 2021. Gross proceeds are CDN $3,632,900.00 resulting from subscriptions of 18,164,500 at a price of CDN $0.20. The original terms of the non-brokered private placement consists of up to [Read more]
Hillcrest announces closing of first tranche of financing
VANCOUVER, BC - Hillcrest Energy Technologies (CNSX:HEAT.CN) (OTC:HLRTF) (FRA:7HIA.F) (“Hillcrest” or the “Company”), a cleantech innovation and e-mobility development company, is pleased to announce the Company has closed the first tranche of a non-brokered private placement previously announced on November 30th, 2021. Gross proceeds of the first tranche are $2,885.000 resulting from subscriptions of 14,425,000 units at a price of CDN $0.20. A second tranche and final closing is estimated to [Read more]
Key investor leads financing and increases position
VANCOUVER, BC – Hillcrest Energy Technologies (CSE:HEAT) (CNSX:HEAT.CN) (OTC:HLRTF) (FRA:7HIA.F) (“Hillcrest” or the “Company”), a clean tech innovation and e-mobility development company, is pleased to announce that Mercer Street Global Opportunity Fund, LLC (the “Investor” or “Mercer Street”) has agreed to invest additional capital into Hillcrest by way of a $1,500,000 lead order in a non-brokered equity private placement. Mercer Street was introduced to the Company by Amvest Capital (acting [Read more]
Petro Viking releases its financials for the nine-month periods ended Sept. 30, 2021 and is pleased to announce the receipt of the conditional approval of the company’s fundamental change
Calgary, Alberta – Petro Viking Energy Inc. (“Petro Viking” or the “Company”) (CSE:VIK) (CNSX:VIK.CN) releases its financials for the nine months period ended September 30, 2021 and has obtained conditional approval from the Canadian Securities Exchange (the “CSE”) for its proposed acquisition of 100% of 611890 Alberta Inc. (dba Avila Energy) (“Avila”) undivided interests in 53,835 Acres, 43,935 Acres (Net), of mineral rights, associated wells, pipelines and facilities. See the Company’s news [Read more]
PetroLMI launches enhanced website Careers in Energy to reflect an evolving industry
Calgary, Alberta - PetroLMI, a Division of Energy Safety Canada, has launched Careers in Energy, an enhanced, interactive website. The site provides research, tools and resources for workers, employers, educators and career advisors to support the development of a resilient, adaptable and skilled workforce across Canada’s evolving energy industry. The website, developed in partnership with the Future Skills Centre, has transformed PetroLMI’s former Careers in Oil and Gas website to include a [Read more]
Hillcrest achieves breakthrough results in high efficiency inverter proof of concept testing
VANCOUVER, BC - Hillcrest Energy Technologies (CNSX:HEAT.CN) (OTC:HLRTF) (FRA:7HIA.F) (“Hillcrest” or the “Company”), a clean tech innovation and e-mobility development company, is pleased to announce that interim proof of concept (PoC) testing results on its High Efficiency Inverter (HEI) confirm the ability to eliminate switching losses and increase switching frequencies without increasing temperatures. As previously announced, Hillcrest’s first PoC is a 10kW/800V silicon carbide (SiC) [Read more]
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