Arsenal Energy announces upsizing of the previously announced bought deal financing with Acumen Capital Finance Partners Limited, as lead underwriter on behalf of a syndicate of underwriters including National Bank Financial, Industrial Alliances Securities Inc. and PI Financial. Under the terms of the agreement Arsenal will now issue 695,200 [...]
Arsenal Energy announces it has entered into an equity financing agreement, on a bought deal basis, with Acumen Capital Finance Partners Limited, as lead underwriter on behalf of a syndicate of underwriters including National Bank Financial Inc., Industrial Alliances Securities Inc. and PI Financial. Under the terms of the agreement Arsenal will [...]
Arsenal Energy is pleased to release its 2014 Q1 financial and operational results. Cash flow for the first quarter increased 55% from 2013 Q1 to $11.1 million. On a per share basis, cash flow increased to $0.69 per share, a 50% increase from 2013 Q1. The Board of Directors has declared an increase in the quarterly dividend to $.065 per common [...]
CALGARY, ALBERTA--(Marketwired - Mar 27, 2014) - Arsenal Energy Inc. (TSX:AEI) (PINKSHEETS:AEYIF) announces that it has made the necessary filings, and received the necessary approvals, to make a normal course issuer bid through the facilities of the Toronto Stock Exchange and the Alpha Alternative Trading System commencing April 1, 2014 and ending [...]
CALGARY, ALBERTA--(Marketwired - Mar 11, 2014) - Arsenal Energy Inc. (TSX:AEI) (PINKSHEETS:AEYIF) is pleased to release its Q4 and full year 2013 financial and operating results and its 2013 yearend reserves. SUMMARY OF FINANCIAL AND OPERATIONAL RESULTS ...
Arsenal Energy is pleased to announce that the Board of Directors has declared a quarterly dividend of $0.06 per common share. The dividend is payable on February 28, 2014 to shareholders of record at the close of business on February 21, 2014. The ex-dividend date is February 19, 2014. The dividend is an eligible dividend for the purposes of the [...]
Arsenal Energy is pleased to release this operations update and its 2014 capital budget. During the fourth quarter, pricing differentials for Arsenal's mix of production widened substantially. In response, Arsenal postponed drilling three wells in south-east Alberta and various other minor capital expenditures. Capex for 2013 is now estimated at [...]
Arsenal Energy is pleased to release its Q3 2013 results. Cash flow for the third quarter was a record, $11.7 million, a 17% increase from Q2 2013 and a 50% increase compared to Q3 2012. The Board of Directors ("BOD") has declared a quarterly dividend of $0.06 per common share. The dividend is payable on November 29, 2013 to shareholders of record [...]