CruzSur Energy Corp. announces that the Company is undertaking a non-brokered private placement of 2,000,000 units, at a price of C$0.15 per Unit, for gross proceeds of C$300,000. Each Unit consists of one common share and one share purchase warrant, with each Warrant entitling the holder to purchase one additional share at a price of C$0.18 for a period of twenty four months from the date of issuance. The placement is [...]
CruzSur Energy Corp. announces that the Company intends to re-enter the Aruchara well, located in the Maria Conchita Block located in the region of La Guajira in northern Colombia, in order to develop short tests to prove the existence of natural gas in the well. In connection with the project, the Company has arranged a two-year secured loan bearing interest at 15% per annum in the amount of USD$1.6M with various related [...]
CruzSur Energy Corp. announces that it has received approval from the TSX Venture Exchange to issue 670,608 common shares of the Company at a deemed price of $0.25 per Share in satisfaction of the aggregate accrued interest of $167,651.90 owing on Convertible Debentures of the Company. The Shares will be subject to a four-month hold period expiring on March 20, 2020. Pursuant to the common share issuance described above [...]
CruzSur Energy Corp. announces that pursuant to the convertible debentures issued on May 7, 2019, the Company has elected to issue common shares of the Company in satisfaction of the aggregate accrued interest owing on such Convertible Debentures. Under the terms of the Convertible Debentures, interest has accrued at a rate of 10% per annum resulting in a total amount owing of $167,651.90 as at November 7, 2019. The [...]
CruzSur Energy Corp. announces it has received a natural gas purchase offer for the Maria Conchita field in Colombia from Energy Transitions SAS ESP. This is a binding offer to purchase the natural gas delivered at the well head for 10 years. With this agreement, Energy Transitions SAS ESP will install the treatment facilities at its own risk and infrastructure necessary to transport the gas according to the adopted [...]
PentaNova Energy Corp. announces that effective at the market opening on September 4, 2018, the Company will change its name to "CruzSur Energy Corp." and its common shares and listed share purchase warrants will commence trading on the TSX Venture Exchange on a consolidated basis of one (1) new share for ten (10) existing shares under the symbols "CZR" and "CZR.WT" respectively. Following the consolidation, the Company [...]
PentaNova Energy Corp. announces that it has changed its name from PMI Resources Ltd. to "PentaNova Energy Corp." and has continued its corporate jurisdiction to British Columbia from Alberta, all as approved by the shareholders of the Company at the Annual and Special meeting held on May 29, 2017. The trading symbol for the Company under its new name will change to "PNO" effective June 5, 2017. Trading in the common [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, May 3, 2017 /CNW/ - PMI Resources Ltd. ("PMI" or the "Company") (TSXV: PMI), is pleased to provide an update on the acquisition of 100% of the shares of Patagonia Oil Corp., a company incorporated and existing under the laws of the British Virgin Islands ("Patagonia"). Trading in the common shares of the Company has been [...]
Orinoquia Capital is pleased to announce that on April 4, 2017 it acquired 25,100,000 common shares (each, a Common Share) of PMI Resources. PMI's head office is located at Suite 3123, 595 Burrard Street, Vancouver, British Columbia, V7X 1J1. On April 4, 2017, a wholly-owned subsidiary of PMI amalgamated with PentaNova Energy by way of a merger pursuant to the British Virgin Islands Business Company Act (the Merger [...]
PMI Resources, is pleased to announce that it has closed its acquisition of PentaNova Energy, as previously disclosed by the Company on January 25 and February 10, 2017. In connection with the acquisition the Company issued an aggregate of 161,641,560 common shares to the Shareholders of PentaNova. In addition Messrs. Serafino Iacono, Jaime Perez Branger, Hernan Martinez and Francisco Sole have been appointed to the [...]
VANCOUVER, March 31, 2017 /CNW/ - PMI Resources Ltd. ("PMI" or the "Company") (TSXV: PMI), is pleased to announce that it has received conditional approval from the TSX Venture Exchange for its proposed acquisition of PentaNova Energy Corp. (the "Acquisition"), as previously disclosed on January 25 and February 10, 2017. In addition, the Company's Filing Statement dated March 30, 2017 in respect of the Acquisition has [...]
VANCOUVER, March 2, 2017 /CNW/ - PMI Resources Ltd. ("PMI" or the "Company") (TSXV: PMI), is pleased to announce that it has entered into an option agreement effective February 28, 2017 (the "Option Agreement") with Blue Pacific Assets Corp., ("Blue Pacific") relating to the acquisition of 100% of the shares of Patagonia Oil Corp. ("Patagonia"). PMI continues to prepare the necessary documents to complete the Pentanova [...]
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