All amounts in this press release are U.S. dollars unless otherwise specified. Criterium Energy Ltd. is pleased to announce that it has added David Dunlop, C.A., M.B.A., CFA, ICD.D as an Independent Director of the Company, effective immediately. Mr. Dunlop brings to Criterium's board over 30 years of leadership in the upstream and midstream energy industry. He has a proven track record of leading global finance teams [...]
Mr. Stuart McDowall announces that as a result of the completion of Criterium Energy Ltd.'s (reviously announced private placement, Mr. McDowall now owns less than 10% of the issued and outstanding common shares of the Company. The Private Placement, completed on September 26, 2022, resulted in the issuance of approximately 134.5 million units of the Company at a price of $0.04 per Unit for gross aggregate proceeds of [...]
Criterium Energy is pleased to announce the closing of its previously announced non-brokered private placement, the appointment of a new management team, the reconstitution of the board of directors of the Company and the change of the Company's name from Softrock Minerals Ltd. to Criterium Energy Ltd. The Private Placement was oversubscribed and accordingly, the Company issued an aggregate of approximately 134.5 million [...]
Softrock Minerals is pleased to announce that all matters put before the special meeting of shareholders of Softrock held today were overwhelmingly approved by the Softrock shareholders. Approvals included: 1. the change of management to Robin Auld (CEO), Matthew Klukas (COO), Henry Groen (CFO), and Hendra Jaya and the reconstitution of the board of directors of Softrock to Brian Anderson (Chairman), Michele Stanners, and [...]
Softrock Minerals is pleased to announce that it has entered into a definitive reorganization and investment agreement with Robin Auld, Matthew Klukas, Brian Anderson, Hendra Jaya, and Henry Groen which provides for: (i) a non-brokered private placement of units of Softrock at a price equal to $0.04 per Unit for minimum gross proceeds of $3.0 million, with best efforts being used to obtain subscriptions for maximum gross [...]