CALGARY, ALBERTA--(Marketwired - Mar 31, 2017) - Perisson Petroleum Corp. ("Perisson" or the "Company") (TSX VENTURE:POG) wishes to provide an Operational Update for the Company's assets in Colombia, S.A.. Agencia Nacional de Hidrocarburos ("ANH"), the Colombian natural resources regulator, is in the process of reviewing their existing regulations in order to encourage foreign companies to continue to invest in Colombia [...]
CALGARY, ALBERTA--(Marketwired - Mar 20, 2017) - Perisson Petroleum Corp. ("Perisson" or the "Company") (TSX VENTURE:POG) announces that is has served notice of termination to Forent Energy Ltd. ("Forent") with respect to the Amalgamation Agreement between Perisson and Forent dated March 4, 2016, as amended and restated on July 6, 2016. In conjunction with the termination of the Amalgamation Agreement, Perisson has [...]
CALGARY, ALBERTA--(Marketwired - Feb 23, 2017) - Perisson Petroleum Corp. ("Perisson" or the "Company") (TSX VENTURE:POG) is pleased to announce that it has executed a memorandum of understanding for the purchase by Perisson of Flushing Energy Corp., a Calgary-based petroleum exploration company ("Flushing Energy"). The Company plans to achieve the acquisition by the issuance to Flushing Energy of equity in Perisson in an [...]
Perisson Petroleum is pleased to announce that it has closed a debenture financing with a private corporate lender in the aggregate amount of CDN$4 million. The Debenture is amortized over a 7-year period, maturing on February 15, 2017, is secured against the Company's oil and gas assets in Twining, Alberta and bears an interest rate of 1.5% per month. Proceeds of the Debenture financing will be used by the Company to [...]
Perisson Petroleum is pleased to announce the grant of 4,250,000 stock options to certain directors, officers, employees and consultants, issued pursuant to the Company's stock option plan. The options vest over a 3 year period, are exercisable at a price of $0.47 per share and expire in December 2021. The shares issuable upon exercise of the options may not be traded for 4 months and one day from the date of grant.
Perisson Petroleum is pleased to announce that the USD$1 million unsecured convertible debenture issued by the Company in May 2016 has been satisfied in full. USD$500,000 of the debenture was paid out in cash and USD$500,000 was converted by the holder into 1,623,376 shares at the conversion price of $0.40 per share. In addition, CDN$99,000 of the Company's secured convertible debentures have been converted by the holders [...]
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