Caza Oil & Gas announces that, further to the announcements of April 4, 2016 and May 2, 2016, the Company has completed the consolidation of its common shares on the basis of one post-consolidation common share for 560,000,000 pre-consolidation common shares. As a result of the Consolidation, all Pre-Consolidation Shares, other than those held of [...]
Caza Oil & Gas hereby announces that all resolutions proposed at a special meeting of shareholders held on April 29, 2016, were duly approved by the shareholders of the Company. Accordingly, the Company confirms that the consolidation of the common shares of the Company on a 560,000,000 to one basis has been approved. Shareholders also approved the [...]
Further to its announcement of April 4, 2016 Caza Oil & Gas confirms that it currently anticipates completing the Consolidation (if approved at the Meeting) on or after May 10, 2016 after the Cancellation has been effected. Terms used in this announcement have the same meaning ascribed to them in the announcement of April 4, 2016. About Caza Caza [...]
DELISTING REVIEW Caza Oil & Gas, Inc. - Further to TSX Bulletin 2015-1269 dated December 16, 2015, TSX has decided to extend its review of the eligibility of the common shares (Symbol: CAZ) of the Company until May 16, 2016. About TMX Group (TSX:X) TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple [...]
Caza Oil & Gas announced today that it has called a special meeting of shareholders to consider a proposal by Talara Opportunities V, the majority shareholder of Caza, to take the Company private at a cash price of US$0.00481 per share. The proposed transaction consists of the consolidation of Caza's outstanding common shares on the basis of one [...]
Caza Oil & Gas is pleased to announce the Company's final results for the year ended Dec 31, 2015. 2015 Financial and Reserve highlights include: Annual revenues for the twelve month period ended December 31, 2015 decreased 56% to US$10.1 million Quarterly revenues for the three month period ended December 31, 2015 decreased 63% to US$1.77MM [...]
Caza Oil & Gas has noted the rise in the Company's share price and is not aware of any reason for such movement. The Toronto Stock Exchange has neither approved nor disapproved the information contained herein. This news release is not for dissemination in the United States or to any United States news services. The new Common Shares have not been [...]
Caza Oil & Gas is pleased to announce today that its wholly owned subsidiary, Caza Petroleum, has entered into a credit agreement for a five-year, senior secured, reserve-based, revolving credit facility with JPMorgan Chase Bank, as Lender and Administrative Agent, with J.P. Morgan Securities acting as sole lead arranger and sole bookrunner of the [...]
Caza Oil & Gas announces that it has today closed the equity financing and debt restructuring transactions announced on Dec 15, 2015, including the issue and sale to Talara Opportunities V, of 9,467,419,937 common shares for gross proceeds of US$45.5 million at an effective price of US$0.0048 per share equivalent to approximately 0.32 pence per [...]
Caza Oil & Gas confirms that, as contemplated by the announcement on Dec 15, 2015 of a US$45.5 million equity financing with Talara Opportunities V, and debt restructuring, certain members of management of the Company and of the board of directors of the Company entered into conditional arrangements on Dec 15, 2015 to exchange all of their [...]
DELISTING REVIEW Caza Oil & Gas, Inc. - TSX is reviewing the common shares (Symbol: CAZ) of the Company with respect to meeting the continued listing requirements. The Company has been granted 120 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process. About TMX Group (TSX: X) TMX Group's key [...]
Caza Oil & Gas announced today that it has entered into an agreement with Talara Opportunities V, pursuant to which the Company will issue and sell to Talara common shares in the capital of the Company for gross proceeds of US$45.5 million. Immediately following the Private Placement, Talara will own 97.16% of the outstanding Common Shares [...]