Southern Energy Corp. today announces the release of its second quarter financial and operating results for the three and six months ended June 30, 2021. Southern is an established producer with natural gas and light oil assets in Mississippi and Alabama characterized by a stable, low-decline production base, a significant low-risk drilling inventory and strategic access to the best commodity pricing in North America [...]
Southern Energy Corp. , a North American gas-weighted producer focused on growth, is pleased to announce the admission of its entire issued and to be issued share capital to trading on the AIM market of the London Stock Exchange plc . Admission will take place, and dealings in its Common Shares on AIM will commence, at 08:00 a.m. today under the TIDM 'SOUC' and ISIN code CA8428131079. The Company's Common Shares will [...]
The communication of this announcement is not being made, and has not been approved, by an authorised person for the purposes of section 21 of the UK Financial Services and Markets Act 2000 Southern Energy Corp. , a North American gas-weighted producer focused on growth, is delighted to confirm its intention to seek a dual listing of its common shares on the London Stock Exchange's AIM market in addition to its existing [...]
Southern Energy Corp. announces that the Company has issued 3,901,775 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, 2021 in the aggregate amount of $335,560.00 . The number of Common Shares issued is equal to the amount of the interest, divided by the volume [...]
Southern Energy Corp. announces that the Company has received an extraordinary resolution from the holders of its outstanding 8% 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 . The Indenture Amendments will: extend the maturity date of the Debentures by two years to June [...]
June 16, 2021 /CNW/ - Southern Energy Corp. , an established producer with natural gas and light oil assets in Mississippi and Alabama characterized by a stable, low-decline production base, a significant low-risk drilling inventory and strategic access to the best commodity pricing in North America, is pleased to announce its intention to seek a dual listing of its common shares with their admission to trading on the [...]
Southern Energy Corp. today announces the release of its first quarter financial and operating results for the three months ended March 31, 2021. Southern is an established producer with natural gas and light oil assets in Mississippi and Alabama characterized by a stable, low-decline production base, a significant low-risk drilling inventory and strategic access to the best commodity pricing in North America. Selected [...]
Southern Energy Corp. today announces the release of its financial and operating results for the fourth quarter and year ended December 31, 2020. The Company also announces the completion of its previously announced non-brokered private placement for gross proceeds of C$5.5 million and the restructuring of its indebtedness through the payout and discharge of the existing credit facility with a cash payment of US$8.0 [...]
Southern Energy Corp. is pleased to announce a non-brokered private placement for gross proceeds of up to C$6.0 million. Pursuant to the Private Placement, Southern will issue up to 150,000,000 units of the Company at a price of C$0.04 per Unit, each Unit being comprised of one common share of Southern and one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at a price of [...]
Southern Energy Corp. announces that on December 31, 2020, the holders of its outstanding 8% convertible unsecured subordinated debentures agreed to an in-kind payment of accrued interest due on December 31, 2020 in the amount of $322,760.00 through the issuance of additional Debentures. The in-kind interest payment was approved by extraordinary resolution of the Debentureholders pursuant to the Company's debenture [...]
Southern Energy Corp. announces the release of its financial and operating results for the three and nine months ended September 30, 2020. Southern is an established producer with natural gas and light oil assets in Mississippi and Alabama characterized by a stable, low-decline production base, a significant low-risk drilling inventory and strategic access to the best commodity pricing in North America. The Company's [...]
Southern Energy Corp. is issuing this press release in response to a request by the Investment Industry Regulatory Organization of Canada to comment on recent trading activity in its common shares. The Company announces that it is not aware of any material, undisclosed corporate developments and has no material change to report at this time. The Company will keep the market informed as required. About Southern Energy [...]