ShaMaran Petroleum Corp.

ShaMaran Petroleum Corp. : SNM) today released its financial and operating results and related management's discussion and analysis for the three months ended March 31, 2022¹. View PDF version. Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented "We kicked off 2022 with another very strong set of results, further improving on Q4 2021. During the first quarter of 2022 the Company achieved a new [...]

ShaMaran Petroleum Corp. : SNM) is pleased to announce that further to ShaMaran's news releases of April 5, 2022, April 7, 2022 and April 26, 2022, the Company's rights offering expired at 5:00 p.m. today. Pursuant to the Rights Offering, each ShaMaran shareholder of record on April 13, 2022 who was an Eligible Holder or Approved Holder received one right for every one common share of ShaMaran held. Four Rights permitted [...]

ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the January 2022 Atrush sales and entitlements at $30 million . PDF Version The Company is also in receipt of $3.26 million net to the Company as the next instalment for January 2022 in the Kurdistan Regional Government receivable repayment mechanism calculated based on the KRG's proposed amendment to the mechanism repayment terms as announced on May 13 [...]

April 26, 2022 /CNW/ - ShaMaran Petroleum Corp. : SNM) has prepared a supplement to the prospectus regarding the rights issue of up to approximately USD 30.5 million, which was approved by the Swedish Financial Supervisory Authority on April 7, 2022, and published by the Company on the same date . The Supplement has been prepared in accordance with Article 23 of Regulation 2017/1129 of the European Parliament and of the [...]

ShaMaran Petroleum Corp. released its financial and operating results and related management's discussion and analysis for the three months and year ended December 31, 20211. View PDF version. Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented "2021 has been a transformational year for ShaMaran. The Company generated the highest annual oil sales revenues in its history at $102.3 million [...]

ShaMaran Petroleum Corp. : SNM) is pleased to announce that the Company will be hosting a virtual town hall meeting on April 27, 2022 at 18:00 CET . View PDF President and CEO, Dr. Adel Chaouch will present an update on the Company's operations and future plans. All are welcome to join. Please click here to register. After registering, you will receive a confirmation email with the meeting link and further information [...]

ShaMaran Petroleum Corp. : SNM) is very pleased to announce that ShaMaran has become the exclusive corporate sponsor for Hasar Vision 2025 Program, supporting its marquee initiative the Hasar re-forestation project, a comprehensive multi-year urban re-forestation project. This initiative is being developed by Hasar Organization for Earth Sciences , a climate action non-government organization based in Kurdistan. View PDF [...]

ShaMaran Petroleum Corp. and : SNM) is pleased to announce that the board of directors of the Company has prepared a prospectus in connection with the rights issue of up to approximately USD 30.5 million previously announced in the news release of April 5, 2022. The Prospectus has today been approved and registered by the Swedish Financial Supervisory Authority and is available on the Company's website . View PDF version [...]

ShaMaran Petroleum Corp. : SNM) is pleased to announce an equity rights offering in the amount of approximately USD 30.5 million to its Shareholders, of which USD 30 million is underwritten by its major shareholder, Nemesia Holdings S.à.r.l. , as previously noted in the Company's news release on July 12, 2021. The Company has determined that, due to the improvement in its cashflow since the July 2021 announcement, it now [...]

VANCOUVER, BC, March 31, 2022 /CNW/ - ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the December 2021 Atrush sales and entitlements at $29.38 million . View PDF The Company is also in receipt of $2.19 million net to the Company as the next instalment for December 2021 in the Kurdistan Regional Government receivable repayment mechanism calculated based on the KRG's proposed amendment to the mechanism [...]