Receives TSX approval for previously announced shares for debt agreement Record Resources Inc. has issued a combined total of 6,150,000 million stock options to directors, officers and consultants of the company in accordance with a stock option plan approved by shareholders at its Annual General Meeting, May 14, 2025. The options distribution is as follows: 1,600,000 options were granted to Officers of the company [...]
Record Resources Inc. reports that it has entered into a debt settlement agreement with a former consultant to settle an amount of $300,000 in outstanding debt obligations through the issuance of 6,000,000 common shares of Record Resources at a deemed price of $0.05 per common share. The pricing of the shares in this transaction was set in a company news release on July 8, 2025 . The Shares for Debt Transaction is [...]
Record Resources Inc. is pleased to announce that it completed its previously announced brokered private placement offering of units of the Company at a price of $0.06 per Unit for aggregate gross proceeds of approximately $1,900,000, including the full exercise of the agent's option. The Offering was led by Research Capital Corporation as the sole agent and sole bookrunner . Each Unit is comprised of one common share of [...]
Record Resources Inc. is pleased to announce that, due to strong investor demand, it has upsized its previously announced brokered private placement offering from $500,000 to $1,800,000 of units of the Company at a price of $0.06 per Unit. The Offering is led by Research Capital Corporation as the sole agent and sole bookrunner . The Offering shall consist of: a) $1,400,000 in Units to be issued on a prospectus-exempt [...]
Record Resources Inc. is pleased to announce a brokered, best-efforts listed issuer financing exemption private placement offering of units of the Company at a price of $0.06 per Unit for aggregate gross proceeds to the Company of up to $500,000. The Offering is led by Research Capital Corporation as the sole agent and sole bookrunner . It is expected that certain directors of the Company may subscribe into the Offering [...]
Finance Executive, Bill Torr, Appointed Director Record Resources Inc. has appointed to its board of directors ex-Tullow Oil executive, Bill Torr. Further to the recent appointment of Robin Sutherland as a Record Resources director, Bill Torr was also part of the original executive team at Energy Africa, Cape Town. Bill started his career as finance manager with Engen Exploration and its North Sea investments and [...]
Record Resources Inc. has appointed ex-Tullow Oil executive, Robin Sutherland, as director. Sutherland was Exploration Manager for Tullow Oil during the discovery and appraisal of Ghana's Jubilee Oil Field in 2007. The field was co-developed by Kosmos Energy, Anadarko, and Tullow. Jubilee was considered one of the largest oil discoveries of its kind in West Africa. During its peak it was producing over 110,000 barrels of [...]
Record Resources Inc. wishes to clarify details regarding legacy mineral claims transactions. In an October 30, 2024 news release, Record announced that it was acquiring a 100 percent interest in 27 mineral claims at Paradis Bay, Ontario. The correct number of claims was 21. Record owes the Paradis Bay vendor 2 million shares. The transaction also included a cash component of $50,000. This amount has been amended to [...]
Record Resources Inc. reports that it has appointed oil and gas professional, Alain Mizelle, as President and Chief Operating Officer. Mr. Mizelle's appointment follows the company's recently announced acquisition, in partnership with Reconnaissance Africa , Calgary, of the Ngulu Block in Gabon, West Africa. . Mizelle will oversee technical management of the Ngulu block exploration program. Mr Mizelle, as a consultant to [...]
Record Resources is pleased to announce that on Sept 8, 2025, it formed a strategic joint venture with Reconnaissance Energy Africa and that the consortium has entered into a production sharing contract with the Gabonese Republic and Gabon Oil Company, the national oil and gas company. The PSC is for the exploration, appraisal, development and production of oil and gas on Gabon offshore Block C-7, renamed Ngulu. Under the [...]
Record Resources reports that it has rescinded the balance of the company's LIFE Offering. For more information please contact: Michael C. Judson, Chairman & CEO Record Resources T. +1-514-865-5496 Website: recordresourcesinc.com Cautionary Statements This news release contains "forward-looking information" and "forward-looking statements" within the meaning of the applicable Canadian securities legislation. All [...]
Record Resources reports that it has ended the LIFE and Flow-Through Share Offering of its previously announced non-brokered . The company announces that it has a new LIFE offering on the same terms as the one previously announced and consists of 10,500,000 units at a price of $0.05 per unit for gross proceeds of up to $525,000. The offering has been structured to take advantage of the listed issuer financing exemption [...]
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