Claren Energy Corp.

Claren Energy Corp. , is pleased to announce that, further to its news release dated April 20, 2021, that it has engaged Canaccord Genuity Corp. to act as a Lead Agent, and if applicable, on behalf of a syndicate of agents to be formed in selling, on a commercially reasonable efforts basis, up to 10,500,000 subscription receipts of a financing entity called 1301376 B.C. Ltd. at a price of C$0.50 per Subscription Receipt [...]

Claren Energy Corp. is pleased to announce that RXLive Limited and 1301376 B.C. LTD. have closed its previously announced non-brokered private placement of unsecured convertible debentures in the aggregate principal amount of $1,435,000 . The Debentures will bear interest at a rate of 10% per annum and mature twelve months after the date of issue. Upon closing of the proposed acquisition of RXLive by Claren as previously [...]

Claren Energy Corp. is pleased to announce that it has entered into a share exchange agreement dated April 19, 2021 with RX Live Limited and the shareholders of RX Live whereby Claren has agreed to acquire all of the issued and outstanding shares of RX Live . The Transaction will be a Reverse Takeover in accordance with TSX Venture Exchange Policy 5.2 - Changes of Business and Reverse Takeovers. Claren is currently listed [...]

At the request of IIROC, Claren Energy Corp. wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. About Claren Energy Corp. Claren Energy Corp. is an oil and gas company that has a participating interest in the Bobocu Production License, onshore Romania. Its common shares trade on the TSX Venture [...]

Claren Energy Corp. is pleased to announce that it has closed its previously announced non-brokered private placement by issuing 22,000,000 common shares of Claren at a price of CAD $0.05 per share for gross proceeds of CAD $1,100,000 . All securities issued under the Private Placement are subject to a four-month and one day hold period expiring on November 25, 2020. Claren intends to use the proceeds from the Private [...]

Claren Energy Corp. is pleased to announce a non-brokered private placement of up to 24,000,000 common shares of the Company at a price of CAD $0.05 per share for gross proceeds of up to CAD $1,200,000 . All securities issued in connection with the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may [...]

Claren Energy Corp. announces that it has entered into an Share Purchase Agreement with Lalea Energy B.V. to acquire its 100% participating interest in the Bobocu Production License, , onshore Romania Under the terms of the Agreement, Lalea will assume the remaining contractual obligations with the Romanian government through the acquisition of 100% of Claren Operations Ltd., a wholly owned subsidiary of Claren. In [...]

Claren Energy Corp. is pleased to announce that its wholly owned subsidiary, Claren Operations Ltd., has entered into an agreement with Zeta Petroleum S.R.L., to acquire the remaining sixty percent participating interest in the Bobocu Production License, onshore Romania, . Upon closing of the acquisition, Claren Operations will hold a one hundred percent interest in the Bobocu Production License. Closing of the agreement [...]

Claren Energy Corp. is pleased to announce that further to the Company’s news release dated November 19, 2018, the consolidation of its issued and outstanding common shares at a ratio of ten pre-consolidated shares to one post-consolidation share held, commenced trading at the opening of business on the TSX Venture Exchange on December 11, 2018. The Company’s new CUSIP number is 180266207 and its new ISIN [...]

Claren Energy Corp. announces that it plans to consolidate its issued and outstanding common shares at a ratio of ten pre-consolidated shares to one post-consolidation share . The purpose of the Consolidation is to facilitate the Company’s ability to attract future financings, generate greater investor interest and improve trading liquidity. The Company currently has 59,442,476 common shares issued and outstanding [...]