Vancouver, British Columbia / TheNewswire / August 24, 2016 - Simba Energy Inc. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) and Essel Group Middle East ("EGME") are pleased to provide the following operational updates on the development of Block 2A in Wajir, Kenya. 2D Seismic Survey Simba Energy Inc. and EGME advise that work is well underway on the 2D seismic survey of Block 2A in Kenya [...]
Vancouver, British Columbia / TheNewswire / June 15, 2016 - Simba Energy Inc. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) has closed the non-brokered private placement previously announced on April 18 and May 4, 2016 to raise gross proceeds of $2,150,000 (the "Private Placement"). The Company issued 43,000,000 units ("Units") at a price of $0.05 per Unit, each Unit consisting of one common [...]
VANCOUVER BC / TheNewswire / June 1, 2016 - Simba Energy Inc.. (The Company") (SMB:TSX-V) (SMBZF:OTCBB, GDA: Frankfurt) announced today the results of the Company's Annual General Meeting of Shareholders held on May 31, 2016. -Gagan Goel named Chairman and Director; -Punkaj Gupta named CEO and Director; -Appointment of Davidson & Company, LLP as the Company's auditor; -Proposed slate of six directors; -Renewal of Stock [...]
Vancouver, British Columbia / TheNewswire / May 6, 2016 - Simba Energy Inc. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) announced today that it has amended the terms of outstanding share purchase warrants (the "Warrants") exercisable into common shares of the Company issued on June 30, 2014 and July 30, 2014, by decreasing the exercise price during the third year of the four-year term of [...]
Vancouver, British Columbia / TheNewswire / May 4, 2016 - Simba Energy Inc. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (OTCQB: SMBZF) is pleased to announce that further to its news release of April 18, 2016, and subject to regulatory approval, the Company has increased the size of its previously announced private placement (the "Private Placement") to up to 43 million units (the "Units") at a price of [...]
April 18, 2016 / TheNewswire / Vancouver, British Columbia - Simba Energy Inc.. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) is pleased to announce that it has arranged, subject to receipt of regulatory approval, a private placement financing (the "Private Placement") involving the sale to Dubai-based Essel Group Middle East DMCC ("Essel Group Middle East") of 34,000,000 units ("Units") at a [...]
March 21, 2016 / TheNewswire / Vancouver, British Columbia - Simba Energy Inc.. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) announces that through its subsidiary Company Simba Africa Rift Limited, a contract has been executed with Africa Geophysical Services LLC, (AGS) a Company incorporated under the laws of Sultanate of Oman, for the purpose of 2D Seismic Data Acquisition and Processing [...]
Vancouver, British Columbia / TheNewswire / March 16, 2016 - Simba Energy Inc.. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) announces that Mr. Punkaj Gupta, has been appointed to the Board of Directors of the Company to replace Mr. James W. Dick, who has resigned from the Board. Simba thanks Mr. Dick for his efforts and contributions to the Company as a Board member. Mr. Dick will continue [...]
Vancouver, British Columbia / TheNewswire / January 21, 2016 - Simba Energy Inc.. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) has closed its previously announced (November 2, 2015) non-brokered private placement to raise gross proceeds of $2,100,749.00 (the "Private Placement"). The Company issued 42,014,975 units ("Units") at a price of $0.05 per Unit, each Unit consisting of one share [...]
Vancouver, British Columbia / TheNewswire / December 3, 2015 - Simba Energy Inc.. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) is pleased to announce it has executed a definitive farmout agreement ("Definitive Agreement") with Essel Group Middle East DMCC ("Essel Group Middle East") on Block 2A in Kenya wherein Essel Group Middle East will earn a 60%participating interest in Block 2A by [...]
November 2, 2015 / TheNewswire / Vancouver, British Columbia - Simba Energy Inc.. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) is pleased to announce a financing by way of private placement that contemplates issuing up to 42 million units for gross proceeds up to $2,100,000. Each Unit will comprise one (1) common share and one half warrant where each full warrant is exercisable into a common [...]
Vancouver, British Columbia / TheNewswire / August 27, 2015 - Simba Energy Inc.. (the "Company" or "Simba") (TSX Venture: SMB) (Frankfurt: GDA) (OTCQX: SMBZF) is pleased to announce it has received formal approval from the Government of Kenya for its farm-in agreement with Essel Group, as announced June 8, 2015. Under the terms of the farm-in agreement, Essel Group Middle East (Dubai) ("Essel") will earn a 60 [...]