Avila Energy Corp. , trading symbol trading symbol, , is pleased to announce an expected increase in its 3rd Party Processing Volumes and an Operational Update. On November 14, 2023, Avila Energy reported that the Company, as part of its long-term plans, it would initially be focused until the end of the first Quarter of 2024 on one of three goals, the establishment of a resilient mid-stream business from which it would [...]
Avila Energy Corp. , trading symbol, , is pleased to announce the intention to close further tranches of its non-brokered private placement previously announced on September 20, 2023 . The Company intends to close further tranches of a non-brokered private placement consisting of the issuance of up to 60,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $3,000,000 . Each Unit is comprised of one [...]
Avila Energy Corp. announces that it has appointed Kenway Mack Slusarchuk Stewart LLP Chartered Professional Accountants as the Company's independent auditor to hold office until the next Annual General Meeting of Shareholders. Change in auditor. Effective March 5, 2024, at the request of the Company, Avila's predecessor WDM Chartered Professional Accountants resigned as auditors and KMSS was appointed to fill their [...]
Avila Energy Corp. , trading symbol trading symbol, , and , is pleased to announce the Publishing of its Inaugural Environmental, Social and Governance Report for 2023. The Report can be found on the Company's website: www.avilaenergy.com. Highlights Avila Energy Corp. since the past announcement of its Vertically Integrated Energy Business was made on November 14th of 2022, the Company has remained committed to its [...]
Avila Energy Corp. , trading symbol trading symbol, , and , is pleased to announce the filing of its Financial Report for the Three and Nine months ended September 30, 2023. Highlights Avila confirms its commitment as previously announced on November 14, 2023.; its upstream operations remains focused on the refinement of its goal to meet its first milestone of 650 boe/d where it is capable of consistently generating [...]
Avila Energy Corp. , trading symbol trading symbol, , provides an operational update and is pleased to announce the future addition of third party processing services. The Company upon closing its initial tranche of $1,033,000 as announced on October 31, 2023, of the previously announced $3,000,000 Private Placement on September 20, 2023, remains focused on three priorities, the strengthening of its balance sheet, the [...]
Avila Energy Corp. , trading symbol, , announces the Engagement of Common Cents Media SPC, and files Early Warning Report Consulting Services Agreement The Company has entered into an arm's length Consulting Services Agreement with Common Cents Media SPC. effective November 1, 2023, , complementary to its existing marketing efforts and in combination with the advance of the Company's vertically integrated energy business [...]
Avila Energy Corp. , trading symbol, , is pleased to announce a closing of its first tranche of $1,033,000 of its non-brokered private placement previously announced on September 20, 2023 . The Company issued 20,660,000 units at a price of $0.05 for gross proceeds of $1,033,000. Each Unit is comprised of one common share in the share capital of the Company and one-half common share purchase warrant . Each full Warrant [...]
Avila Energy Corp. , trading symbol, , is pleased to announce a private placement offering of up to $3,000,000 and corporate updates. Private Placement Offering The Company intends to complete a non-brokered private placement consisting of the issuance of up to 60,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $3,000,000 . Each Unit is comprised of one common share in the share capital of the [...]
Avila Energy Corp. , trading symbol "CSE:VIK.CN", is pleased to announce the filing of its Financial Report for the Three and Six months ended June 30, 2023. Highlights Sales Volumes Three months ended June 30 Six months ended June 30 2023 2022 % change 2023 2022 % change Heavy oil & condensate 17 37 19 28 Natural gas 2,238 580 286 2,307 656 252 Natural gas liquids 6 12 6 10 Total 396 145 173 409 147 178 Oil and natural [...]
Avila Energy Corp. , and Insight Acquisition Corp. announced today that on August 10, 2023, they mutually agreed to terminate, effective immediately, their previously announced Business Combination Agreement by and among Insight Acquisition Corp. , Avila Amalco Sub Inc. and Avila Energy Corp. , dated as of April 3, 2023 . As part of the termination of the BC Agreement, Avila has agreed to pay Insight US$300,000 as partial [...]
Avila Energy Corp. files the Amended and Restated Annual Financial Statements for the Year Ended December 31, 2022, 1st Quarter 2023 and provides an update on the status of the BCA with Insight Acquisition Corp. Following ongoing discussions with the Alberta Securities Commission regarding continuous disclosure and the 2022 Audited Financial Statements, Avila has determined that a restatement is required. In addition, the [...]
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