: Corridor Resources Inc. today announced that the Board of Directors has commenced a formal process to explore and develop strategic alternatives with a view to enhancing shareholder value. Corridor has retained RBC Capital Markets as financial advisor to assist in undertaking the Strategic Review. Corridor is uniquely positioned due to the significant cash on its balance sheet, no debt and its low decline producing [...]
Corridor Resources Inc. announced today its second quarter financial results. The following table provides a summary of Corridor’s financial and operating results for the three and six months ended June 30, 2019, with comparisons to the three and six months ended June 30, 2018. Corridor's unaudited financial statements and management's discussion and analysis for the second quarter have been filed on SEDAR at [...]
Corridor Resources Inc. is pleased to announce that the New Brunswick Government has undertaken an initial step in removing the hydraulic fracturing moratorium. We have been advised that the Government has commenced the process to allow for exemptions to the moratorium on a regional basis. We understand the Government intends to conduct a consultation process with New Brunswick First Nations prior to considering any [...]
Corridor Resources Inc. announces that a new management presentation was made by Steve Moran, President and CEO, at the annual meeting of shareholders held on May 14, 2019. This presentation is now available on Corridor's website. Corridor is also pleased to announce that shareholders approved at the Shareholders' Meeting each of the resolutions set forth in the Notice of 2019 Shareholders' Meeting and the Management [...]
Corridor Resources Inc. announced today its first quarter financial results for 2019. The following table provides a summary of Corridor’s financial and operating results for the three months ended March 31, 2019, with comparisons to the three months ended March 31, 2018. Corridor's unaudited financial statements and management's discussion and analysis for the first quarter have been filed on SEDAR at www.sedar.com [...]
Corridor Resources Inc. announced today its 2018 year-end financial results and reserves evaluations. Corridor's annual financial statements, annual management's discussion and analysis and Annual Information Form for the year ended December 31, 2018 have been filed on SEDAR at www.sedar.com and are available on Corridor's website at www.corridor.ca. All amounts referred to in this press release are in Canadian dollars [...]
: Corridor Resources Inc. is pleased to provide an update on its operations in New Brunswick. Update on Pricing, Additional Financial Hedges, Production and Guidance 2018/2019 In our press release dated November 13, 2018, Corridor announced the following financial hedges for the winter of 2018/2019: 2,500 mmbtupd of natural gas production at a fixed price of $US12.72/mmbtu for January 2019 and 2,500 mmbtupd at a fixed [...]
: Corridor Resources Inc. announced today its third quarter financial results. The following table provides a summary of Corridor’s financial and operating results for the three and nine months ended September 30, 2018, with comparisons to the three and nine months ended September 30, 2017. Corridor's unaudited financial statements and management's discussion and analysis for the third quarter have been filed on [...]
: Corridor Resources Inc. today announced that the Toronto Stock Exchange has accepted its notice of intention to proceed with a normal course issuer bid Pursuant to the Bid, Corridor may purchase up to 6,803,118 common shares of Corridor , representing approximately 10% of its public float as at August 14, 2018. As at August 14, 2018, Corridor had 88,655,299 issued and outstanding Common Shares, including a public float [...]
Corridor Resources Inc. announced today its second quarter financial results. The following table provides a summary of Corridor’s financial and operating results for the three and six months ended June 30, 2018, with comparisons to the three and six months ended June 30, 2017. Corridor's unaudited financial statements and management's discussion and analysis for the second quarter have been filed on SEDAR at [...]
HALIFAX, Nova Scotia, June 11, 2018 -- : Corridor Resources Inc. announced today that it has completed its integrated geotechnical analysis of the Old Harry prospect comprised of data from a controlled source electromagnetic survey and reprocessed two dimensional seismic. Old Harry is a large undrilled structure with four-way closure located in approximately 470 metres of water in the Gulf of St. Lawrence, straddling the [...]
Corridor Resources Inc. announces that a new management presentation was made by Steve Moran, President and CEO, at the annual meeting of shareholders held on May 15, 2018. This presentation is now available on Corridor's website. Corridor is also pleased to announce that shareholders approved at the Shareholders' Meeting each of the resolutions set forth in the Notice of 2017 Shareholders' Meeting and the Management [...]