Bengal Energy Ltd. announces that it has issued an aggregate of 20,900,000 options to purchase common shares of the Company pursuant to its Stock Option Plan. The options were granted on May 8, 2026, to employees, officers and directors of the Company and have an exercise price of $0.04/share, being the closing price of the Company's common shares on the TSX on that date. The options vest over a 3-year period, as to [...]
Bengal Energy Ltd. is pleased to announce the closing of its previously announced non-brokered private placement . Under the Offering, Bengal issued an aggregate of 43,571,428 common shares of the Company at $0.035 per Common Share for aggregate gross proceeds of $1,525,000. With respect to subscriptions for 4,285,714 of the Common Shares issued pursuant to the Offering, the Company paid a cash finder's fee equal to [...]
Bengal Energy Ltd. is pleased to announce that it has increased its previously disclosed non-brokered private placement , from gross proceeds of CAD$1,515,000 to gross proceeds of CAD$1,525,000. Under the increased Offering, the Company will issue an additional 285,714 common shares at $0.035 per Common Share. The Offering is anticipated to close on or about May 4, 2026, subject to receipt of all necessary regulatory [...]
Bengal Energy Ltd. is pleased to announce a non-brokered private placement of 43,285,714 common shares at a price of CAD$0.035 per Common Share for aggregate gross proceeds of CAD$1,515,000. The net proceeds of the Offering will be used to advance development of the Company's 100% owned Ramses property in Queensland's Cooper Basin and to fund repayment of the Company's CAD$1,145,000 demand promissory note with Texada [...]
Bengal Energy Ltd. announces that it has entered into a promissory note with Texada Capital Management Ltd. , a company controlled by W. B. Wheeler, pursuant to which Texada has agreed to advance Cdn$1,145,000 to the Company. Mr. Wheeler is a director of Bengal and owns or controls 398,679,364 common shares of Bengal, being approximately 82.2% of the issued and outstanding Common Shares. As previously disclosed by the [...]
Bengal Energy Ltd. is pleased to announce that it has entered into a non-binding Letter of Intent with an Australian energy services company to fund and execute a production test and potential completion, equipping and tie-in of the Ramses 2 oil well in PL 188, Cooper Basin, Queensland, Australia. Bengal currently has 100% interest in PL 188 including wells Ramses 1 and Ramses 2. The oil zone completion will be carried [...]
Bengal Energy Ltd. today announces its financial and operating results for the year end and third quarter of fiscal 2026 ended December, 2025. THIRD-QUARTER FISCAL 2026 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and nine months ending December 31, 2025. All amounts are in Canadian funds unless otherwise noted: Financial summary: Sales revenue - Crude oil sales [...]
Bengal Energy Ltd. today announces its financial and operating results for the year end and second quarter of fiscal 2026 ended September 30, 2025. SECOND-QUARTER FISCAL 2026 HIGHLIGHTS: The following is an overview of the financial and operational results during the three and six months ending September 30, 2025. All amounts are in Canadian funds unless otherwise noted: Financial summary: Sales revenue - Crude oil sales [...]
Bengal Energy Ltd. is pleased to announce that the nominees listed in Bengal's information circular - proxy statement dated August 28, 2025, were elected as directors of Bengal at its annual and special meeting of shareholders held on September 29, 2025 in Calgary, Alberta. On a vote by ballot, each of the following five nominees proposed by management was elected as a director of Bengal and the detailed results of such [...]
Bengal Energy Ltd. today announces its financial and operating results for the year end and first quarter of fiscal 2026 ended June 30, 2025. FIRST-QUARTER FISCAL 2026 HIGHLIGHTS: The following is an overview of the financial and operational results during the three months ending June 30, 2025. All amounts are in Canadian funds unless otherwise noted: Financial summary: Sales revenue - Crude oil sales revenue was $1.0 [...]
Bengal Energy Ltd. today announces its financial and operating results for the year end and fourth quarter of fiscal 2025 ended March 31, 2025. FOURTH-QUARTER FISCAL 2025 HIGHLIGHTS: The following is an overview of the financial and operational results during the three months ending March 31, 2025. All amounts are in Canadian funds unless otherwise noted: Financial summary: Reserves - Bengal's independently evaluated [...]
Bengal Energy Ltd. announces it has entered into an agreement to refinance its joint venture payables loan having an outstanding principal balance owing, as of February 28, 2025, of Australian $1.8 million, through a new loan agreement with Texada Capital Management Ltd. , a company controlled by W. B. Wheeler. Mr. Wheeler is a director of Bengal and owns or controls 398,679,364 common shares of Bengal, being [...]
+37,78 %
-10,80 %
