New Zealand Energy has received a receipt from the British Columbia Securities Commission for the Company's preliminary short form prospectus, filed in relation to the recently completed non-brokered private placement that raised gross proceeds of $16.1 million. The Company issued 48.9 million subscription receipts at a price of $0.33 per Subscription Receipt. The Subscription Receipts are convertible into units (the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 29, 2013) - New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the "Company") today announced that it has closed the acquisition of strategic upstream and midstream assets (the "Acquisition") from Origin Energy Resources NZ (TAWN) Limited. NZEC now owns a 50% interest in the Tariki, Waihapa and Ngaere Petroleum Mining Licences ("TWN Licences") in the main [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 18, 2013) - New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the "Company") has received New Zealand government approval for the acquisition of strategic upstream and midstream assets (the "Acquisition") from Origin Energy Resources NZ (TAWN) Limited, a wholly-owned subsidiary of Origin Energy Limited (ASX:ORG). The formal closing time for the Acquisition [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 16, 2013) - New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the "Company") will be presenting at the Canaccord Genuity Global Resource Conference in Miami, Florida on Friday, October 18 at 10:30am EST (7:30am PST). Bruce McIntyre, NZEC's Executive Director, will provide an update on the Company's exploration and development plans. NZEC's presentation will [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 7, 2013) - New Zealand Energy Corp. ("NZEC" or the "Company") (TSX-VENTURE:NZ)(OTCQX:NZERF) today announced the appointment of Gerrie van der Westhuizen as Interim Chief Financial Officer. Gerrie joined NZEC in November 2012 as Vice President Finance, assuming responsibility for the Company's financial reporting obligations, tax compliance, global insurance and financial [...]
New Zealand Energy is pleased to announce that it has met the finance condition precedent required to acquire strategic upstream and midstream assets from Origin Energy Resources NZ (TAWN) Limited, a wholly-owned subsidiary of Origin Energy Limited. The purchase price of approximately $33.7 million comprises a $6 million deposit from NZEC, $7.9 million from Subscription Receipts, $1.5 million directly from NZEC, and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 19, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. New Zealand Energy Corp. (TSX VENTURE:NZ) (OTCQX:NZERF) ("NZEC" or the "Company") is pleased to announce the terms of a non-brokered private placement of up to $15 million (the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 29, 2013) - New Zealand Energy Corp. ("NZEC" or the "Company") (TSX VENTURE:NZ)(OTCQX:NZERF) has released the results of its second quarter ended June 30, 2013. Details of the Company's financial results are described in the Unaudited Consolidated Financial Statements and Management's Discussion and Analysis which, together with further details on each of the Company's [...]