EF EnergyFunders Ventures Inc.

Tanager Energy advises that it has closed the first tranche of its previously announced financing of $250,000, subject to final approval from the TSX Venture Exchange. Pursuant to the non-brokered private placement, the Corporation issued 3,300,000 units at a price of $0.05 per share for gross proceeds of $165,000. Each Unit consists of one (1) common share and one (1) common share purchase warrant. Each warrant entitles [...]

Tanager Energy announced today that it settled outstanding indebtedness of $40,000 through the issuance of 444,444 common shares of the Corporation at a deemed price of $0.09 per share. The common shares issued in connection with the debt Settlement are subject to a four month hold period that expires on May 14, 2014. Mr. Hugh Loney, a director of Tanager, subscribed for 333,333 common shares under the debt settlement [...]

Tanager Resources is pleased to announce that it has engaged Noble Investment Corp. to provide investor relations and shareholder communications services. The initial term of the consulting agreement (the "Agreement") entered into by Tanager and Noble is for a three (3) month period which will be automatically renewed for an additional nine (9) month period unless otherwise terminated by Tanager or Noble. Noble will [...]

Tanager Energy is pleased to announce the appointment of Mr. Pat McGaffey as Vice President, Mergers and Acquisitions. Mr. Mcgaffey has over 36 years of experience related to mergers and acquisitions. Mr. Mcgaffey is currently President & CEO of Agrico Realty Consultants - Mergers/Acquisitions, President & CEO of Thunderbird Energies Inc., and VP Business Development of the Canadian Beef Alliance. He is Past Project [...]

Tanager Energy advises that following its acquisition of 100% of the Joffre D-3 Oil Unit No. 1 it is currently contracting the required services to complete, test, equip and place on production the first oil well in this project. The re-entry of the well is expected to be completed and the oil well placed on production by March 31, 2014.

Tanager Energy advises that pursuant to regulations it has amended its private placement announcement of December 23 such that the sale of its Units will be at $0.05 cents per Unit, not $0.04 per Unit. The Company intends to sell up to 5,000,000 units at a price of $0.05 per Unit by way of a non-brokered private placement to raise gross proceeds for the Corporation of up to $250,000. Each Unit consists of one (1) common [...]

Tanager Energy announces that it intends to sell up to 5,000,000 units (the "Units") at a price of $0.04 per Unit by way of a non-brokered private placement to raise gross proceeds for the Corporation of up to $200,000. Each Unit consists of one (1) common share and one (1) common share purchase warrant. Each warrant entitles its holder thereof to purchase one additional common share in the capital of Tanager for a period [...]

Tanager Energy announces the granting of 4,300,000 stock options at an exercise price of $0.05 to directors, officers and consultants pursuant to the Company's stock option plan. These options will vest according to the Company stock option plan and will expire on December 31, 2016. This option grant is subject to TSX Venture Exchange approval.

Tanager Energy advises that it has signed a purchase and sale agreement for a 92.75% interest in the Joffre D-3 Oil Unit No. 1. The terms of the agreement call for the re-entry and recompletion of one well. The re-entry and closing of the sale are to be completed by December 31, 2013. The Corporation has signed a second agreement for the balance of the Unit being a 7.25% interest, which agreement closed on July 5, 2013.

MGold Resources announces that the TSX Venture Exchange has accepted the Company's name change for which it received shareholder's approval at its Annual General and Special Meeting held on June 24, 2013. MGold has accordingly amended its Articles to change the Company's name to Tanager Energy Inc. The Company's common shares will trade on the TSX Venture effective September 23, 2013 under the new symbol "TAN".