ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the March 2022 Atrush sales and entitlements at $ 43.66 million . View PDF version The Company is also in receipt of $ 3.12 million net to the Company as the next instalment for March 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 [...]
ShaMaran Petroleum Corp. : SNM)) is pleased to report that at the Company's Annual General Meeting held today in Vancouver, shareholders received the consolidated audited financial statements of the Company for the year ended December 31, 2021 and approved all of the resolutions put forward at the Meeting, namely: View PDF Appointed PricewaterhouseCoopers SA, as auditor of the Company for the ensuing year and authorized [...]
VANCOUVER, BC, May 31, 2022 /CNW/ - ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the February 2022 Atrush sales and entitlements at $31.69 million . View PDF version. The Company is also in receipt of $3.88 million net to the Company as the next instalment for February 2022 in the Kurdistan Regional Government receivable repayment mechanism calculated based on the KRG's proposed amendment to the [...]
ShaMaran Petroleum Corp. : SNM) is pleased to announce further details following the Company's news release of May 20, 2022 with respect to the Company's rights offering that was oversubscribed by the Company's shareholders and no call on the standby commitment of Nemesia S.à.r.l.1 was required. ShaMaran has issued 558,242,414 common shares of the Company at the price of CAD $0.06825 per Common Share being the maximum [...]
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 [...]