Iron Bridge Resources Inc. today announced that it has entered into a support agreement with Velvet Energy Ltd for an amended offer by Velvet to acquire all of the issued and outstanding common shares of IBR . Under the terms of the support agreement , Velvet has agreed to amend its offer to provide for an increase in the consideration payable in [...]
Iron Bridge Resources Inc. today provides a Gold Creek operations update and reports its financial results for the second quarter ended June 30, 2018. Gold Creek Montney Operations Update At Gold Creek, Iron Bridge holds a large, strategically-positioned land base of 49,600 net acres within the oil-rich window of the Gold Creek Montney formation [...]
Iron Bridge Resources Inc. today responded to a desperate campaign of misinformation recently presented by Velvet Energy Ltd , intended to mislead Iron Bridge shareholders about the value of their investment and the substantial upside potential of their Company. Additionally, the Company’s Board of Directors reiterated its prior unanimous [...]
Iron Bridge Resources Inc. today responded to a desperate campaign of misinformation recently presented by Velvet Energy Ltd , intended to mislead Iron Bridge shareholders about the value of their investment and the substantial upside potential of their Company. Additionally, the Company’s Board of Directors reiterated its prior unanimous [...]
Iron Bridge Resources Inc. today responded to a desperate campaign of misinformation recently presented by Velvet Energy Ltd , intended to mislead Iron Bridge shareholders about the value of their investment and the substantial upside potential of their Company. Additionally, the Company’s Board of Directors reiterated its prior unanimous [...]
Iron Bridge Resources Inc. today announced that its Board of Directors , based upon the recommendation of its independent Special Committee, unanimously recommends that IBR shareholders REJECT the unsolicited offer from Velvet Energy Ltd. to acquire all of the issued and outstanding common shares of IBR at a price of $0.75 per Common Share in cash [...]
CALGARY, Alberta, June 05, 2018 -- Iron Bridge Resources Inc. is pleased to announce the voting results from its annual general meeting of shareholders held on June 4, 2018. A total of 52,745,522 common shares, representing approximately 34.07% of Iron Bridge’s issued and outstanding common shares, were represented in-person or by proxy at [...]
Iron Bridge Resources Inc. today confirmed that Velvet Energy Ltd. has commenced an unsolicited tender offer to acquire all the issued and outstanding common shares of IBR at a price of $0.75 per share in cash . The Iron Bridge Board of Directors, in consultation with independent financial and legal advisors, will carefully review and consider the [...]
Iron Bridge Resources Inc. responded today to the announcement by Velvet Energy Ltd. that it intends to make an unsolicited offer to acquire all of the issued and outstanding common shares of Iron Bridge. Iron Bridge believes that Velvet Energy’s proposal is flawed, significantly undervalues the Company and is an attempt to deny Iron Bridge [...]
CALGARY, Alberta, May 17, 2018 -- Iron Bridge Resources Inc. today is pleased to report initial production rates from its recent Gold Creek completions program in addition to providing the Company’s estimated Gold Creek productive capacity from its existing wells . In February 2018, the Company conducted high-intensity completion operations [...]
CALGARY, Alberta, May 14, 2018 -- Iron Bridge Resources Inc. today reports its financial results for the three months ended March 31, 2018. First Quarter 2018 Results Commentary Production In the first quarter, average daily production from the Company’s Gold Creek field was 1,256 boe/d, weighted 31% light crude oil and NGLs. First quarter [...]
CALGARY, Alberta, March 20, 2018 -- Iron Bridge Resources Inc. today is pleased to report its year-end 2017 oil and gas reserves and fourth quarter 2017 financial results and provide an operations update. Year-End Reserves Information The following provides information on IBR’s crude oil, natural gas and NGLs reserves as of December 31, 2017 [...]
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