Southern Energy Corp. announces that the Company intends to issue 1,009,206 new common shares in 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, 2021 in the aggregate amount of CAD$335,560 , subject to final approval from the TSX Venture Exchange. The number of Common Shares [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, announces that, following the consolidation of its common shares, the Company now has a total of 77,112,652 common shares in issue . The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company. The [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, is pleased to confirm that its proposed share consolidation announced on December 10, 2021 has been approved by the TSX Venture Exchange , with trading in the post-Consolidation Shares to commence at market open on December 22, 2021 on both AIM and the TSX-V. The 616,901,068 existing Common Shares currently issued and outstanding will be reduced [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, is pleased to announce an update with respect to drilling and operations, and that it will be proceeding with the consolidation of the common shares of the Company previously approved by shareholders of the Company on July 7, 2021. Drilling and Operations Update Southern Energy Operating LLC, an operating subsidiary of Southern, has contracted [...]
Southern Energy Corp. today announces the release of its third quarter financial and operating results for the three and nine months ended September 30, 2021. The Company also notes that an updated corporate presentation can now be found on the Company's website at www.southernenergycorp.com. Southern is an established producer with natural gas and light oil assets in Mississippi and Alabama characterized by a stable [...]
Defined terms used in this announcement have the same meaning given to them as defined in the Company's announcement released at 17:47 on 28 October 2021 unless otherwise defined herein. Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, is pleased to announce the closing of its previously announced equity financing for aggregate gross proceeds of c. US$10.1 million through the offering of [...]
MEMORANDUM; RULES; Southern Energy Corp. 2018, Southern Energy Corp. , a U.S.-focused, growth-oriented natural gas producer, is pleased to announce that it ...
Southern Energy Corp. , a U.S.-focused, growth-oriented oil and natural gas producer, announces that the Company has issued 625,000 new common shares in the Company to satisfy an exercise of warrants over Common Shares at an exercise price of CAD0.04 per Common Share. Application has been made to the London Stock Exchange to admit 625,000 new Common Shares to trading on AIM, which is expected to occur on or around 1 [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented oil and natural gas producer, announces that the Company has issued 675,000 ordinary shares in the Company to satisfy the exercise of warrants. The exercise price for the warrants is CAD0.04 per share. Application has been made to the London Stock Exchange to admit 675,000 new Ordinary Shares to trading on AIM. Admission of the New Ordinary Shares is expected to [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented oil and natural gas producer, announces, further to the Company's announcement released earlier today, additional details in respect of the, in aggregate, 11,425,000 options to purchase common shares of the Company to directors, officers and employees of Southern as part of our overall compensation and employee retention program . In aggregate, 8,865,000 of the [...]
Southern Energy Corp. , a U.S.-focused, growth-oriented oil and natural gas producer, announces that pursuant to the Company's Stock Option Plan , an aggregate of 11,425,000 stock options to purchase common shares of the Company were granted to directors, officers and employees of Southern as part of our overall compensation and employee retention program. The Options expire five years from the date of grant and are [...]