Topaz Energy Corp. is pleased to announce that its shareholders approved all resolutions at the annual meeting of shareholders of the Company held on June 16, 2022 . A report of voting results will be available on SEDAR at www.sedar.com. The resolution to appoint the eight nominees as directors of the Company was passed on a vote by poll and each of the directors received the following votes for their election: Nominee [...]
CALGARY, AB, May 3, 2022 /CNW/ - Topaz Energy Corp. is pleased to provide first quarter financial results and increased 2022 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 months ended March 31, 2022 and 2021 , which are available on [...]
CALGARY, AB, March 31, 2022 /CNW/ - Topaz Energy Corp. is pleased to announce that it has entered into a definitive agreement with Keystone Royalty Corp. for the purchase of its outstanding common shares, for $85.0 million, payable through the issuance of 4,187,193 Topaz shares . The Keystone Royalty Acquisition is expected to close during the second quarter of 2022, subject to the satisfaction of customary closing [...]
Topaz Energy Corp. is pleased to provide fourth quarter and annual 2021 financial results, announce an 8% increase to its quarterly dividend and affirm the Company's 2022 guidance estimates. Select financial information is outlined below and should be read in conjunction with Topaz's consolidated financial statements and related management's discussion and analysis as at and for the year ended December 31, 2021, which are [...]
Topaz Energy Corp. is pleased to announce that it will be added to the S&P/TSX Composite Index effective Monday, December 20, 2021, prior to the open of trading on the Toronto Stock Exchange . The S&P/TSX Composite Index is the headline index for Canada and is the principal benchmark measure for the Canadian equity markets, represented by the largest companies on the TSX. Inclusion in the S&P/TSX Composite Index can [...]
TORONTO, Dec. 3, 2021 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, December 20, 2021: S&P/TSX COMPOSITE INDEX - December 20, 2021 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Advantage Energy Ltd. Energy Oil & Gas Exploration & Production ADDED Baytex Energy Corp. Energy Oil & Gas Exploration [...]
Topaz Energy Corp. is pleased to provide third quarter 2021 financial results and new guidance estimates. Selected financial and operational information is outlined below and should be read in conjunction with Topaz's unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2021 and related management's discussion and analysis which are available on SEDAR at [...]
Topaz Energy Corp. is pleased to announce it has completed its previously announced bought-deal equity financing of common shares and acquisition of a newly-created 5% gross overriding royalty interest on Whitecap Resources Inc.'s working interest in the Weyburn Unit for $188.0 million in cash . Pursuant to the Equity Financing, Topaz issued 10,120,000 Common Shares, including 1,320,000 Common Shares issued pursuant to [...]
Not for distribution to U.S. news wire services or dissemination in the United States CALGARY, AB, Oct. 6, 2021 /CNW/ - Topaz Energy Corp. is pleased to announce that it has agreed with the syndicate of underwriters co-led by Peters & Co. Limited and National Bank Financial Inc. to increase the size of the previously announced bought-deal equity financing . Topaz will now issue 8,800,000 common shares at a price of $17.10 [...]
Topaz Energy Corp. is pleased to announce that it has entered into a purchase and sale agreement with Whitecap Resources Inc. to acquire a newly-created 5% gross overriding royalty interest on Whitecap's working interest in the Weyburn Unit for $188.0 million in cash . The Weyburn Royalty Acquisition will be funded through a $131.7 million bought deal equity financing and Topaz's existing credit facilities. Complementary [...]
Topaz Energy Corp. is pleased to announce the publication of its inaugural 2020 Sustainability Report which outlines how the Company has integrated environment, social & governance performance considerations within the Company's energy investment strategy. The report is available on the Company's website at www.topazenergy.ca. The Company's 2020 Sustainability Report covers its first full calendar year of operations [...]
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 7,000,000 Common Shares at a price of $15.45 per Common Share for total gross proceeds to the Selling Shareholder of $108.15 million. The Company has not and will not receive any of the proceeds of the Offering. The [...]