Eagle Energy announces that it has obtained from the Alberta Securities Commission and the Ontario Securities Commission, on behalf of each of the provinces of Canada, orders granting its voluntary applications to cease to be a reporting issuer and for a full revocation of a failure-to-file cease trade order issued against Eagle on May 6, 2020 [...]
Eagle Energy announces that it has completed certain transactions contemplated by a Bankruptcy and Insolvency Act proposal filed by Eagle, through its Court appointed receiver FTI Consulting Canada. The Proposal provides for, among other things, the compromise and settlement of claims of unsecured creditors of Eagle and a reorganization of its [...]
Eagle Energy was the subject of a receivership order today by the Alberta Court of Queen's Bench upon the application of Eagle's secured lenders. FTI Consulting Canada was appointed as Receiver of Eagle's current and future assets, undertakings and properties. Information regarding the Receivership can be found on the Receiver's website. All of [...]
Eagle Energy announces that its secured lenders have made demand for payment in full of Eagle's outstanding indebtedness and have provided Eagle with a Notice of Intention to Enforce Security pursuant to subsection 244 of the Bankruptcy and Insolvency Act. Eagle's lenders intend to seek a receivership court order on Tuesday, Nov 19, 2019 to place [...]
Eagle Energy reports its financial and operating results for the third quarter ended September 30, 2019. When reflecting on Eagle's third quarter, Wayne Wisniewski, President and CEO, stated, "Eagle has continued to reduce administrative and overhead expenses in the third quarter of 2019 which were 51% less than the same quarter in 2018. Although [...]
