Vortex Energy Corp. , provides an update on drilling of the second approved core well at its Robinsons River Salt Project, located near Stephenville, Newfoundland & Labrador. The Company commenced drilling on the second core well on January 16, 2024, which was drilled in the western gravity anomaly at the Robinsons River Salt Project. The well reached a depth of 275 metres without significant issues, with the overlying [...]
Vortex Energy Corp. is pleased to announce, further to its news release on January 10, 2024, that it has extended its engagement of Financial Star News Inc. for marketing services during the month of February, commencing February 1, 2024, provided that the term of the marketing services may be extended or shortened at the discretion of management depending on, amongst other things, the efficiency of the marketing [...]
Vortex Energy Corp. is pleased to announce that the core drilling program has now recommenced at its Robinsons River Salt Project located near Stephenville, Newfoundland & Labrador. The drilling program is once again being conducted by Major Drilling Group International Inc. under the support of the Company's consultant partner, RESPEC Consulting Inc. . The Company is currently drilling core well two at the West structure [...]
Vortex Energy Corp. announces the voting results from its Annual General and Special Meeting of shareholders held on January 11, 2024 . A total of 24,260,177 were represented at the Meeting. The three nominees listed in the management information circular with respect to the Meeting were elected as directors of the Company. Shareholders also approved the Company's equity incentive plan and the amendment of the quorum [...]
Vortex Energy Corp. is pleased to announce the commencement of the clearing process for approximately 3.1 km of drill trail road in preparation for the drilling of the second core well at the Robinsons River Salt Project . The work is being completed by On Grade Construction of Stephenville, Newfoundland and Labrador, a subcontractor hired under the supervision and project management of the Company's primary consulting [...]
Vortex Energy Corp. is pleased to announce that drill and crew mobilization has begun at the Company's flagship property, the Robinsons River Salt Project , to commence drilling at the second approved core well. The Company has retained the services of the contractors involved in the drilling of the initial core well at the Project, RESPEC Consulting Inc., Major Drilling Group International Inc., and DGI Geoscience Inc [...]
Vortex Energy Corp. is pleased to announce that it has closed its previously announced non-brokered private placement financing for gross proceeds to the Company of C$1,500,000. Pursuant to the Private Placement, the Company issued 3,750,000 units of the Company at a price of $0.40 per unit . Each Unit is comprised of one common share in the capital of the Company and one Share purchase warrant , with each Warrant [...]
Vortex Energy Corp. announces that it intends to complete a non-brokered private placement financing of up to 3,750,000 units of the Company at a price of $0.40 per Unit for aggregate gross proceeds of up to $1,500,000. Each Unit shall consist of one common share in the capital of the Company and one , with each Warrant entitling the holder thereof to purchase a Share at an exercise price of $0.50 for a period of 24 [...]
Vortex Energy Corp. is pleased to announce that it has closed the "flow-through" portion of its previously announced non-brokered private placement for gross proceeds to the Company of C$999,490.28. The Company expects to close the non-flow-through portion of its previously announced non-brokered private placement on or about December 29, 2023. For further details about the Non-FT Offering, please see the Company's news [...]
Vortex Energy Corp. is pleased to announce that it has successfully upgraded from the OTC Pink Market to the OTCQB Venture Market. The Company's common shares started trading on the OTCQB under the symbol "VTECF" as of the opening of the market on December 19, 2023. The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "VRTX" and the Frankfurt Stock Exchange under the [...]
Vortex Energy Corp. is pleased to announce the Company has intersected salt rock at a depth of 581.5 meters at the Western Salt Structure located within the Robinsons River Salt Project . Prior work conducted by the Company concluded that the Western Salt Structure can potentially hold an estimated amount of 250,000 tonnes of hydrogen in more than 25 caverns, based on conservative estimates. Using conservative estimates [...]
Vortex Energy Corp. is pleased to announce a non-brokered private placement for gross proceeds of up to C$2,000,000 . The Offering is expected to consist of the offering of: units of the Company at a price of $0.35 per unit for aggregate gross proceeds of up to C$1,000,000, with each $0.35 Unit comprised of one non-flow-through common share of the Company and one Share purchase warrant of the Company entitling the holder [...]
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