Briko Energy Corp. commenced operations today as a new junior oil and gas exploration and development company. Briko was formed as a result of a plan of arrangement involving Ikkuma Resources Corp., Pieridae Energy Ltd., Briko and the shareholders of Ikkuma. Pursuant to the Arrangement, Pieridae acquired all of Ikkuma's outstanding shares. The [...]
Pieridae Energy Ltd. and Ikkuma Resources Corp. announce that they have completed the previously announced arrangement pursuant to which Pieridae acquired all of the issued and outstanding shares of Ikkuma by way of a plan of arrangement under section 193 of the Business Corporations Act . The Arrangement was approved by shareholders of Ikkuma at a [...]
Ikkuma Resources Corp. is pleased to report its financial and operating results for the three and nine months ended September 30, 2018. Financial and operational information is set out below and should be read in conjunction with Ikkuma's September 30, 2018 unaudited interim financial statements and the related management's discussion and [...]
TSX Venture Exchange: IKM-V Ikkuma Resources Corp. is pleased to provide an update on financing and its recent activity. Ikkuma is pleased to announce that it has completed a financing for a $20 million senior secured term loan with Alberta Investment Management Corporation . The Term Loan bears annual interest at 9.5% and matures on the earliest [...]
TSX Venture Exchange: IKM-V Ikkuma Resources Corp. is pleased to provide an update on its recent activity. Ikkuma is pleased to announce that on October 9, 2018 it closed a conveyance and sale agreement for the sale of a non-core dormant midstream facility in the Alberta foothills to an undisclosed purchaser for a total consideration of $2.0 [...]
Ikkuma Resources Corp. is pleased to report its financial and operating results for the three and six months ended June 30, 2018. Financial and operational information is set out below and should be read in conjunction with Ikkuma's June 30, 2018 unaudited interim financial statements and the related management's discussion and analysis [...]
Pieridae Energy Ltd. and Ikkuma Resources Corp. announce they have entered into a definitive agreement dated August 23, 2018 providing for the acquisition by Pieridae of all of the issued and outstanding shares of Ikkuma to be effected by way of a plan of arrangement under section 193 of the Business Corporations Act. The completion of the [...]
TSX Venture Exchange: IKM-V CALGARY, July 5, 2018 /CNW/ - Ikkuma Resources Corp. is pleased to announce that it has entered into a purchase and sale agreement on July 4, 2018 to sell certain midstream assets in the Alberta foothills to an undisclosed purchaser for a total cash consideration of $23.0 million, subject to customary adjustments. The [...]
CALGARY, May 30, 2018 /CNW/ - Ikkuma Resources Corp. is pleased to report its financial and operating results for the three months ended March 31, 2018. Financial and operational information is set out below and should be read in conjunction with Ikkuma's March 31, 2018 unaudited interim financial statements and the related management's [...]
TSX Venture Exchange: IKM-V CALGARY, May 15, 2018 /CNW/ - Ikkuma Resources Corp. is pleased to announce the initial stage of its previously disclosed plan to divest non-core infrastructure assets. Ikkuma has entered into a non-binding letter of intent to sell certain midstream assets for a purchase price of $30 million, subject to customary [...]
CALGARY, April 25, 2018 /CNW/ - Ikkuma Resources Corp. is pleased to report its financial and operating results for the three months and year ended December 31, 2017. Financial and operational information is set out below and should be read in conjunction with Ikkuma's December 31, 2017 audited annual financial statements and the related [...]
TSX Venture Exchange: IKM-V CALGARY, April 3, 2018 /CNW/ - Ikkuma Resources Corp. is pleased to announce its 2017 year-end reserves and other news. 2017 Reserve Highlights Increased Proved Developed Producing reserves by 316% to 56.8 MMBOE at December 31, 2017 from 13.6 MMBOE at December 31, 2016; Increased PDP net present value to $301 million at [...]