NG Energy International Corp. is pleased to announce that it has closed its previously announced bought deal private placement, including the full exercise of the Underwriter's option. A total of 8,510,000 units were sold at a price of C$1.15 per Unit for aggregate gross proceeds of $9,786,500 . The Offering was underwritten by a syndicate of underwriters led by Beacon Securities Limited and included Canaccord Genuity [...]
NG Energy International Corp. , announces that it has amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering , Beacon Securities Limited , as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters including Canaccord Genuity Corp. and Eventus Capital Corp. , have agreed to purchase, on a "bought deal" private placement basis, 7,400,000 [...]
NG Energy International Corp. , announces that it has entered into an agreement with Beacon Securities Limited , as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters including Canaccord Genuity Corp. and Eventus Capital Corp. , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 6,100,000 units at a price of $1.15 per Unit for aggregate gross [...]
NG Energy International Corp. NGE's technical team and external consultants recently finalized a study to evaluate the formations in the Maria Conchita field as a whole. This study is based on the results obtained from the re-entry of Archura-1. The geophysics and petrophysics reinterpretation of the area was focused to determine the resources associated with the different prospective areas that existed and the new areas [...]
NG Energy International Corp. is pleased to announce that that it has completed a non-brokered private placement of 4,072,823 units , at a price of C$0.85 per Unit, for gross proceeds of C$3,461,900. Each Unit consists of one common share and one half of a share purchase warrant, with each full warrant entitling the holder to purchase one additional share at a price of C$1.50 until December 29, 2023. All securities issued [...]
NG Energy International Corp. is pleased to announce that that it has completed a non-brokered private placement of 4,072,823 units , at a price of C$0.85 per Unit, for gross proceeds of C$3,461,900. Each Unit consists of one common share and one half of a share purchase warrant, with each full warrant entitling the holder to purchase one additional share at a price of C$1.50 until December 29, 2023. All securities issued [...]
NG Energy International Corp. is pleased to announce that it has entered into the previously announced Memorandum of Understanding with GTX International Corp. pursuant to which GTX has agreed to build and operate the compression facilities and pipeline that will extend from the Company's Maria Conchita field in Colombia to existing national infrastructure. GTX has completed a brokered offering of US$10 million of senior [...]
VANCOUVER, BC, Nov. 25, 2020 /CNW/ - NG Energy International Corp. announces that it has granted an aggregate of 3,900,000 stock options under the Company's stock option plan to directors, officers, employees, consultants of the Company and charities with an exercise price of C$1.00 per stock option, exercisable for a period of ten years from the date of grant. All of the above is subject to approval of the TSX Venture [...]
NGX Energy International Corp. announces that effective at the market open on November 16, 2020, the Company will change its name to "NG Energy International Corp." The new CUSIP number for the renamed company's shares is 62931J102 and the new ISIN number is CA62931J1021. The new CUSIP number for its warrants is 62931J110 and the new ISIN number is CA62931J1104. Further to the Company's press release dated October 6 [...]
NGX Energy International Corp. is pleased to announce that it has received a binding commercial offer from CPVEN to develop the wells planned for SN-9's wells, the Company's 311,353 acre project located in the Lower Magdalena Basin of Colombia, which is a prolific hydrocarbon producing region near the Caribbean coast. The Binding Offer has been made under Colombian commercial legal regulations. Under the Binding Offer [...]
NGX Energy International Corp. is pleased to announce that the Company has accepted an offer from Compañia Argentina de Comodoro Rivadavia Explotacion de Petróleo S.A. and Financier S.A. to acquire 100% of NGX's oil and gas interests in Alianza Petrolera Argentina S.A. , the Argentine subsidiary through which NGX operates the Sur de Rio Deseado Este block and holds interest in Estancia La Mariposa block. Under the terms [...]
NGX Energy International Corp. is pleased to announce that 10,553,332 share purchase warrants have been exercised by insiders resulting in the issuance of 10,553,332 common shares generating $1,583,000. Early Warning – Frank Giustra The Company was informed that Mr. Giustra acquired ownership of 6,333,333 common shares of the Company as a result of exercising 6,333,333 share purchase warrants. Prior to the exercise of [...]