Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, announces its third quarter financial and operating results for the three and nine months ended September 30, 2024. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and related management's discussion and [...]
Southern Energy Corp. announces that pursuant to the Company's Stock Option Plan, an aggregate of 3,102,500 stock options to purchase common shares of the Company were granted as part of Southern's overall compensation and employee retention program. The Options expire in five years from the date of the grant and are exercisable at a price of CAD$0.175 per Common Share, being the closing market price on the TSXV on the [...]
Southern Energy Corp. announces that the Company intends to issue 745,391 common shares of Southern to holders of its 8% convertible unsecured subordinated debentures issued on June 14, 2019 and January 15, 2021 as payment in kind of accrued interest on the Debentures due on June 30, 2024 in the aggregate amount of CAD$171,440.00 . The number of Common Shares to be issued is equal to the amount of the interest, divided by [...]
Southern Energy Corp. announces it has received an extraordinary resolution from the holders of its outstanding convertible unsecured subordinated debentures approving certain amendments to the debenture indenture entered into between the Company and Computershare Trust Company of Canada dated June 14, 2019, as amended by a first supplemental indenture dated June 30, 2021, to: extend the maturity date of the Debentures by [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, announces its first quarter financial and operating results for the three months ended March 31, 2024. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and related management's discussion and analysis for the [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, announces its fourth quarter and year end December 31, 2023 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with the Company's audited consolidated financial statements and related management's discussion and analysis for the three and [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, is pleased to announce the preliminary results from its recent Upper Selma Chalk horizontal well completion in the Gwinville Field. In mid-December 2023, Southern successfully completed the first of its four drilled but uncompleted wells from the Company's Q1 2023 drilling program - the GH 14-06 #3 wellbore. Over the [...]
Southern Energy Corp. announces that the Company has agreed to issue, in aggregate, 779,273 new common shares of Southern to holders of its 8% convertible unsecured subordinated debentures issued on June 14, 2019 and January 15, 2021 as payment in kind of accrued interest on the Debentures due on December 31, 2023 in the aggregate amount of CAD$171,440 . The number of new Common Shares to be issued is equal to the amount [...]
Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi, announces its third quarter financial and operating results for the three and nine months ended September 30, 2023. Selected financial and operational information is outlined below and should be read in conjunction with the Company's unaudited consolidated financial statements and related management's discussion and [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, is pleased to announce that it has closed its previously announced equity financing for aggregate gross proceeds of US$5 million through the issue of 26,630,000 new Common Shares at a price of C$0.26 or 15.5 pence per Common Share. Defined terms used in this announcement have the same meaning given to them as defined in the Company's [...]
VANCOUVER, BC, Nov. 1, 2023 /CNW/ - Trading resumes in: Company: Southern Energy Corp. TSX-Venture Symbol: SOU All Issues: Yes Resumption : 8:00 AM 11/2/2023 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers [...]