Wellington, New Zealand--(Newsfile Corp. - April 30, 2015) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF), announced today it has filed with Canadian regulatory authorities its 2014 year-end consolidated financial results, management discussion & analysis and Form 51-101F1 reserves report. The 2014 year-end has produced a consolidated statement of loss, before accounting for foreign exchange differences, of [...]
Wellington, New Zealand--(Newsfile Corp. - April 23, 2015) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Corporation"), announced today that CEO, David Robinson has given three months’ notice of resignation. Mr Robinson will retire as a director before the Annual General Meeting of the Company in mid June 2015. "On behalf of NZEC, its Board and the Group as a whole, I would like to thank David [...]
Wellington, New Zealand--(Newsfile Corp. - March 31, 2015) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Corporation"), today announced that it has fully repaid the New Dawn Energy Limited ("New Dawn") Working Capital Facility Agreement (the Facility") put in place in September 2014. The Working Capital Facility allowed for drawings up to NZ$5 million and had a maturity date of 31 March 2015. Total [...]
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2015) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Company") advises the previously announced private placement of common shares has resulted in NZEC raising gross proceeds of $1,770,000. The Company will today issue 44,250,000 common shares at a price of $0.04 per share. The common shares to be issued are subject to a four month and one day [...]
Vancospanver, British Colspanmbia--(Newsfile Corp. - March 4, 2015) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Company") is pleased to annospannce that it intends to raise spanp to $2,100,000 by way of a non-brokered private placement (the "Offering") of common shares ("Common Shares") of the Company at a price of $0.04 per Common Share. The Offering is being made pspanrsspanant to a waiver [...]
Wellington, New Zealand--(Newsfile Corp. - February 5, 2015) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Corporation"), wishes to provide an update with respect to current operations and future corporate plans. Organisational Restructuring Significant changes have been made at the NZ operations level to limit (where practicable) cash burn in this low oil price environment. After a review of the [...]
Wellington, New Zealand--(Newsfile Corp. - January 7, 2015) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Corporation") , announced today that to save cost and simplify administration it has moved the holding company for its New Zealand subsidiary companies from Singapore to New Zealand. The process has been undertaken by sale of the New Zealand subsidiary companies' shares held by NZ Holdings Pty [...]
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2014) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC"or the "Company") , announced today that is has closed the previously announced non-brokered private placement offering of 17,000,000 units at a price of $0.05 per unit, for gross proceeds of $850,000, subject to TSX Venture Exchange final approval. Each unit consists of one common share and one [...]
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2014) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Company") has negotiated an $850,000 equity financing with Geoservices Limited (the "Financing"). The Financing will consist of 17 million units at a price of $0.05 per unit. Each unit will consist of one common share and one non-transferable share purchase warrant of the Company. Each [...]
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2014) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Company") has released the results of its third quarter ended September 30, 2014. Details of the Company's financial results are described in the Unaudited Consolidated Interim Financial Statements and Management's Discussion and Analysis which, together with further details on the [...]
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2014) - New Zealand Energy Corp. (“NZEC” or the “Company”) (TSXV: NZ) (OTCQX: NZERF) today announced the decision to close its Vancouver office while retaining its Canadian company registration and incorporation. “The decision to close our Vancouver office and focus our attention on New Zealand makes sense because that is where all of our assets and activities [...]
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2014) - New Zealand Energy Corp. (TSXV: NZ) (OTCQX: NZERF) ("NZEC" or the "Company") today provided an update on production and development activities on the Company's properties in the Taranaki Basin of New Zealand's North Island. Total corporate production during October 2014 averaged 214 barrels of oil per day ("bbl/d") net to NZEC, slightly ahead of the [...]