Coelacanth Energy Inc. announces that its board of directors approved the granting of incentive stock options under its stock option plan to acquire up to an aggregate of 3,898,140 common shares of the Corporation and the granting of restricted share units under its restricted share unit plan to obtain up to an aggregate of 1,949,070 Common Shares to certain of its directors and officers. It has also approved the granting [...]
Coelacanth Energy Inc. is pleased to announce that the Company is extending the expiry date of the unlisted common share purchase warrants originally issued pursuant to a warrant indenture dated May 31, 2022 between the Company and Computershare Trust Company of Canada and in connection with the completion of the plan of arrangement involving the Company, Leucrotta Exploration Inc. , Vermilion Energy Inc. and the [...]
Coelacanth Energy Inc. is pleased to announce that the Company has obtained a listing on the TSX Venture Exchange and will be publicly traded on the TSXV under the symbol "CEI" on June 20, 2022. Note that certain "Coelacanth Arrangement Warrants" as further described below are not listed for trading but the underlying Coelacanth common shares will be listed on the TSXV once exercised. Each Coelacanth Arrangement Warrant [...]
Leucrotta Exploration announces that the Corporation has completed its previously announced plan of arrangement involving the Corporation, Coelacanth Energy Inc., Vermilion Energy Inc. and the holders of Securities. For further details regarding the Arrangement please refer to the Corporation's press releases dated March 28, 2022 and May 24, 2022, copies of which can be found under the Corporation's SEDAR profile at [...]
Leucrotta Exploration announces that the Corporation's Securityholders approved the previously announced plan of arrangement involving the Corporation, Coelacanth Energy, Vermilion Energy and the Securityholders at a special meeting of the Securityholders held on Friday, May 20, 2022. The special resolution approving the Arrangement was approved by approximately: 100% of the votes cast by the holders of common shares of [...]
Leucrotta Exploration is pleased to announce that it has entered into an arrangement agreement pursuant to which Vermilion Energy Inc. will acquire all of the issued and outstanding securities of Leucrotta for an aggregate consideration of approximately $500 million, excluding value assigned to the newly formed Montney company. The transaction will be accomplished by way of a statutory plan of arrangement under the [...]