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 [...]
VANCOUVER, Feb. 21, 2017 /CNW/ - PMI Resources Ltd. ("PMI" or the "Company") (TSXV: PMI), is pleased to announce that the TSX Venture Exchange has advised that trading in the Company's common shares will resume trading effective at the open of market on Tuesday, February 21, 2017. The Company further advises that its proposed acquisition of PentaNova Energy Corp. (the "Acquisition"), as announced on January 25, 2017 has [...]
VANCOUVER, Feb. 10, 2017 /CNW/ - PMI Resources Ltd. ("PMI" or the "Company") (TSXV: PMI), is pleased to advise that the Company and PentaNova Energy Corp. ("PentaNova") have closed a private placement financing in the aggregate amount of C$45,000,000. The Company is also pleased to provide an update on its proposed acquisition (the "Acquisition") of PentaNova Energy Corp. ("PentaNova"), as announced on January 25, 2017 [...]
PMI Resources is pleased to announce that it has entered into a letter agreement dated January 11, 2017 with PentaNova Energy Corp. relating to a reverse takeover transaction pursuant to which the Company proposes to acquire all of the issued and outstanding shares in the capital of PentaNova in exchange for the issuance of common shares in the capital of the Company (the "Transaction"). The completion of the Transaction [...]
VANCOUVER, Aug. 22, 2016 /CNW/ - PMI Resources Ltd. ("PMI" or the "Company") (TSXV: PMI) PMI Resources Ltd. reports that pursuant to the Company's stock option plan, a total of 975,000 stock options have been granted to directors, officers, charities and consultants of the Company at an exercise price of $0.61 per share, exercisable for a period of ten years, subject to regulatory approval. About PMI Resources Ltd. PMI[...]
Petromanas Energy, announces that it is proceeding with the share consolidation, on the basis of seventy (70) old shares for one (1) new share (the "Consolidation"), as was approved by shareholders at the Annual and Special meeting held on March 14, 2016. As a result of the Consolidation, the 693,861,399 common shares which are currently issued and outstanding will be reduced to approximately 9,912,305 shares. The name [...]
Petromanas Energy is pleased to announce that following post-closing adjustments for the sale of substantially all of the assets of Petromanas Albania GmbH, Petromanas' wholly-owned subsidiary, for US$45 million, the amount of the previously announced cash distribution by way of return of capital (the "Distribution") has been fixed at CAD$0.08 per share for an aggregate amount of CAD $55.5 million. The record date for [...]
CALGARY, May 2, 2016 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced the planned termination of Glenn McNamara as Chief Executive Officer (CEO) and Bill Cummins as Chief Financial Officer (CFO), effective immediately. The departures are timed to coincide with the previously announced sale and wind down of the Company's operated activities in Albania. "I want to sincerely thank [...]
CALGARY, March 31, 2016 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) is pleased to announce closing of the previously announced sale of substantially all of the assets of Petromanas Albania GmbH, Petromanas' wholly-owned subsidiary, to Shell Upstream Albania B.V. ("Shell"), a wholly-owned subsidiary of Royal Dutch Shell plc, for US$45 million (the "Transaction"). As previously announced [...]
CALGARY, March 14, 2016 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) is pleased to announce the results of voting at the Company's annual general and special meeting of shareholders held today, March 14, 2016 (the "Meeting"). At the Meeting, Shareholders approved the previously announced sale of substantially all of the assets of Petromanas Albania GmbH, Petromanas' wholly-owned subsidiary [...]
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