Topaz Energy Corp.

Topaz Energy Corp. is pleased to announce that on January 31, 2025 it acquired a gross overriding royalty interest across approximately 0.1 million gross acres , and entered into a definitive agreement to acquire a 35% working interest in a 40 MMcf/d natural gas processing facility , in the Alberta Montney, for total cash consideration of $43.0 million . The Alberta Montney Acquisition is expected to provide approximately [...]

Tourmaline Oil Corp. and Topaz Energy Corp. announced today the closing of the previously announced secondary offering of common shares of the Company . Pursuant to the Offering, the Selling Shareholder sold 10,800,000 Common Shares in addition to 1,620,000 Common Shares sold pursuant to the exercise in full of an over-allotment option granted to the underwriters, at a price of $27.80 per Common Share for total gross [...]

SEDAR+ Topaz Energy Corp. announces today that it has filed and been receipted for a short form prospectus in each of the provinces of Canada, other than Quebec. The Prospectus was filed in connection with Topaz's previously announced secondary offering of common shares as described in the November 25, 2024 and November 26, 2024 joint news releases of the Company and Tourmaline Oil Corp. Delivery of the Prospectus and any [...]

Tourmaline Oil Corp. and Topaz Energy Corp. are pleased to announce that they have agreed with the syndicate of underwriters co-led by Peters & Co. Limited and BMO Capital Markets to increase the size of the previously announced bought deal secondary offering of Topaz common shares. The Underwriters will now purchase, on a bought deal basis, from Tourmaline 10,800,000 common shares of the Company at a price of $27.80 per [...]

Nov. 25, 2024 /CNW/ - Tourmaline Oil Corp. and Topaz Energy Corp. announced today that they have entered into an agreement with Peters & Co. Limited and BMO Capital Markets , on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, from Tourmaline 8,700,000 common shares of the Company at a price of $27.80 per Common Share for total gross proceeds to [...]

Topaz Energy Corp. is pleased to provide third quarter 2024 financial results and provide updated 2024e guidance estimates. Select financial information is outlined below and should be read in conjunction with Topaz's interim condensed consolidated financial statements and related management's discussion and analysis as at and for the three and nine months ended September 30, 2024, which are available on SEDAR+ at [...]

Topaz Energy Corp. is pleased to announce that it has completed its previously announced bought-deal equity financing of common shares . Pursuant to the Equity Financing, Topaz issued 7,000,000 Common Shares, in addition to 1,050,000 Common Shares issued pursuant to the exercise in full of an over-allotment option granted to the underwriters. The Common Shares were issued at a price of $25.05 per Common Share for total [...]

SEDAR+ Topaz Energy Corp. announces today that it has filed and been receipted for a short form prospectus in each of the provinces of Canada, other than Quebec. The Prospectus was filed in connection with Topaz's previously announced offering of common shares as described in the Company's October 1, 2024 news release. Delivery of the Prospectus and any amendment thereto will be satisfied in accordance with the "access [...]

50% ROYALTY ACREAGE, 12% ROYALTY PRODUCTION AND 8% ROYALTY REVENUE GROWTH Topaz Energy Corp. is pleased to announce that further to its growth strategy of acquiring low-risk, premium royalty interests, the Company has entered into definitive agreements with Tourmaline Oil Corp. to acquire gross overriding royalty interests on approximately 3.0 million gross acres, over 50% undeveloped, in its NEBC Montney, Alberta Deep [...]

Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 18-19, 2024. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links. Presentation Schedule *All Times EDT Wednesday, September 18, 2024 8:30-9:00 [...]