New Stratus Energy Inc. announces that it will be deferring the closing of its previously announced subscription receipts financing until at least May 24, 2025. On this date, President Noboa and the new Government of Ecuador will be officially sworn in to govern the Republic of Ecuador for a new four-year term. This also provides equity subscribers with as small of an escrow period on funds as possible. As previously [...]
New Stratus Energy Inc. is pleased to announce the consolidated financial and operating results for the three and nine months ended September 30, 2024 that have been filed on SEDAR+ . Q3 September 30, 2024 Highlights: • Adjusted Working Capital: $7,276,143 • Net Income : per common share) • Income from Investment in Joint Venture: $1,310,727 • Adjusted EBITDA: $5,516,665 Notes: Assumes the exercise of [...]
New Stratus Energy Inc. is pleased to announce the consolidated financial and operating results for the three and six months ended June 30, 2024 that have been filed on SEDAR+ . Q2 June 30, 2024 Highlights: Working Capital : $26,592,550 Adjusted Working Capital: $33,106,553 Net Income : per common share) Income from Investment in Joint Venture: $3,621,733 Adjusted EBITDA: $4,536,266 Notes: Assumes the exercise of [...]
New Stratus Energy Inc. is pleased to announce that the board of directors of the Corporation has approved a normal course issuer bid to be transacted through the facilities of TSX Venture Exchange . The Bid is intended to commence on June 6, 2024 and will end on June 5, 2025, unless earlier completed or terminated by New Stratus. The Bid remains subject to approval from the Exchange. Under the Bid, New Stratus may [...]
New Stratus Energy Inc. is pleased to announce the consolidated financial and operating results for the three months ended March 31, 2024 that have been filed on SEDAR+ . Three months ended March 31, 2024 highlights: Working Capital : $26,573,118 Adjusted Working Capital $35,097,456 Net Income : $ per basic & fully diluted common share) Goldpillar Revenue : $1,407,459 Goldpillar Adjusted EBITDA : $1,327,337 Goldpillar Net [...]
New Stratus Energy Inc. is pleased to announce it has entered into definitive agreements with an arm's-length vendor for the acquisition of an initial 49% equity interest in Operaciones Petroleras Soledad S. de R.L. de C.V. , a private Mexican oil & gas company, with the exclusive right for NSE to negotiate the purchase up to an additional 41% of the equity interest in OPS, as described in further detail below . OPS is [...]
New Stratus Energy Inc. is pleased to announce the consolidated financial and operating results for the year ended December 31, 2023 that have been filed on SEDAR + . Year ended December 31, 2023 Highlights: Working Capital : $44,085,970 Adjusted Working Capital : $52,613,872 Net Income : $ Notes: Assumes the exercise of 12,992,100 warrants and 8,085,000 options. In accordance with Canadian GAAP, Net Income per basic [...]
New Stratus Energy Inc. is pleased to announce an update from GoldPillar International Fund SPC Ltd. , on activities in the Lido-Limón and Oficina fields, assigned to the joint venture Petrolera Vencupet S.A. , of which Goldpillar is a shareholder with a 40% stake . During the first two months of 2024, two reactivations were carried out on the LZ-621 and NG-522 wells, both located in the Lido-Limon field by replacing and [...]
VANCOUVER, BC, Jan. 3, 2024 /CNW/ - Trading resumes in: Company: New Stratus Energy Inc. TSX-Venture Symbol: NSE All Issues: Yes Resumption : 9:30 AM 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 and [...]
New Stratus Energy Inc. is pleased to announce the closing of the acquisition of a 50% indirect interest in GoldPillar International Fund SPC Ltd. , a private entity organized and existing under laws of the British Virgin Islands, which has acquired a 40% equity participation in a joint venture company, Petrolera Vencupet, S.A. , which holds the oil production rights for the fields named "Adas", "Lido", "Limon", "Leona [...]
VANCOUVER, BC, Dec. 29, 2023 /CNW/ - The following issues have been halted by CIRO Company: New Stratus Energy Inc. TSX-Venture Symbol: NSE All Issues: Yes Reason: Pending News Halt Time : 12:43 PM 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 [...]
New Stratus Energy Inc. is pleased to announce that the consolidated financial and operating results for the three and nine months ended September 30, 2023 have been filed on SEDAR+ . Q3 2023 Highlights: Working Capital at the end of Q3 of $44,863,108 Net Income for Q3 of which is slightly higher than the previous quarter primarily due to legal costs associated with pending acquisitions and the continued dispute with the [...]