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 [...]
CALGARY, Feb. 17, 2016 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) is pleased to announce that it will hold an annual general and special meeting of its shareholders at 3:00 p.m. MDT on March 14, 2016 (the "Meeting") in Calgary, Alberta at the Calgary Petroleum Club, located at 319 - 5th Avenue S.W. The Meeting The Meeting is being held for the purpose of approving, among other matters, the [...]
CALGARY, Feb. 1, 2016 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today announced that it has entered into a Sale and Purchase Agreement (the "Agreement") with Shell Upstream Albania B.V. ("Shell"), a wholly-owned subsidiary of Royal Dutch Shell plc, pursuant to which Shell has agreed to acquire all of Petromanas' Albanian assets for aggregate gross proceeds of US$45 million (subject to [...]
CALGARY, Nov. 23, 2015 /CNW/ - Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided an update on its Albanian operations. The Company previously announced it had entered into a definitive agreement with a third party to secure a 3,000 horsepower drilling rig for use in its planned appraisal drilling program. The contract had an initial term of two years with an option for extension. Under the [...]
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