Terra Energy , one of the nation's fastest-growing residential solar subscription providers, today announced that it has closed a series of fundings at $105 million. A $35 million Green Loan financing with Breakwall Capital LP marks the close, following equity investment from ARC PE and Azora Capital and credit facilities from Banesco and First [...]
DELISTING REVIEW - Terra Energy Corp. - Further to TSX Bulletin 2016-0270 dated March 21, 2016, TSX has determined to delist the common shares (Symbol: TT) of the Company at the close of business on April 29, 2016 for failure to meet the continued listing requirements of TSX. The Shares will remain suspended from trading.
DELISTING REVIEW& - Terra Energy Corporation - TSX is reviewing the common shares (Symbol: TT) of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The Shares are suspended from trading immediately. TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses [...]
Terra Energy in furtherance of its announcement of March 18, 2016, that its lender, Canadian Western Bank (CWB), has made a demand on Terra, as debtor, and each of its Guarantors for payment in full of Terra's outstanding indebtedness plus accrued interest, costs and fees and that CWB provided Terra and each of its Guarantors with a Notice of [...]
Terra Energy announces that its lender, Canadian Western Bank, has made demand upon Terra, as debtor, and Terra Energy Partnership, Terra's wholly-owned subsidiaries, Constar Resources Ltd., Noram Energy Worx and 1289710 Alberta Ltd., as guarantors, for payment in full of Terra's outstanding indebtedness in the aggregate amount of approximately [...]
Terra Energy is pleased to announce that the Company has closed the sale of certain of the Company's minor non-core, P&NG assets in the Mica/Parkland area of the Province of BC for approximately $1.0 million. Net proceeds received from the sale transactions were used to reduce the Company's bank indebtedness. The Company's credit facility has [...]
Terra Energy announces its financial and operating results for the three month period ended September 30, 2015. Copies of Terra's Third quarter results may be obtained at sedar.com or terraenergy.ca. Summary of Third Quarter Results Three months ended September 30 ($ in thousands, except per share and boe amounts) 2015 $ 2014 $ 2015 [...]
Terra Energy is pleased to announce that the Company has closed the previously announced sale of certain of the Company's non-core, P&NG assets in the Boundary Lake and Worsley areas of the Province of Alberta for $10.615 million. Net proceeds from the sale transaction will be used to strengthen the Company's balance sheet, reduce total debt and [...]
Terra Energy is pleased to announce that the Company has entered into a Purchase and Sale Agreement with an industry partner for the sale by the Company of certain non-core, P&NG assets in the Boundary Lake and Worsley areas of the Province of Alberta. The purchase price for the assets is $10.615 million and is scheduled to close September 28th [...]
Terra Energy announces its financial and operating results for the three month period ended June 30, 2015. Copies of Terra's first quarter results may be obtained at www.sedar.com or www.terraenergy.ca. Second Quarter 2015 Results Three months ended June 30 ($ in thousands, except per share and boe amounts) 2015 $ 2014 $ 2015 ($/boe) 2014 [...]
CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - Terra Energy Corp. ("Terra" or the "Corporation") (TSX:TT) is pleased to announce the renewal of its credit facility with its senior lender and the selection of a financial advisor. The annual review of the Corporation's credit facility has now been completed by our Chartered Lender and the existing [...]
CALGARY, ALBERTA--(Marketwired - Jun 17, 2015) - Terra Energy Corp. (TSX:TT) ("Terra" or the "Company") is pleased to announce the final director election results from its 2015 annual and special meeting of shareholders (AGM) held on June 16, 2015. A ballot was conducted with respect to the election of the directors to hold office until the next [...]