Prospera Energy Inc.

Georox Resources has completed its previously announced non-brokered private placement of 18,000,000 common shares on an  oversubscribed basis for   subscriptions of 19,700,000 common shares. The offering was $0.05 per share for aggregate gross proceeds of $985,000. All securities in the Private Placement will be subject to a four month hold period from closing. The Private Placement proceeds will be used for the payment [...]

Kelowna, British Columbia - Georox Resources Inc. is pleased to announce that further to the press release dated March 27, 2018, the Corporation is proceeding with the  purchase to acquire certain high-working interest-producing oil and natural gas interests in southwest Saskatchewan and eastern Alberta, from arm's-length vendors. Georox is lead on the transaction, having initiated and concluded arrangements, but is [...]

Kelowna, British Columbia - Georox Resources Inc. is pleased to announce that it has entered into an asset purchase agreement to acquire certain high working interest producing oil and natural gas interests in Southwest Saskatchewan and Eastern Alberta, from arm's €‘length vendors . Georox is lead on the Transaction, having initiated and concluded arrangements, but is significantly supported by an arm's-length private [...]

Kelowna, British Columbia - Georox Resources Inc. Georox is pleased to announce that the waterflood project at Red Earth, Alberta is near completion. The project was announced in a press release dated September 8, 2017. The waterflood project has the goal to significantly improve the production and netback economics. In addition Georox undertook this project to become fully independent of competing producers and also to [...]

Kelowna, British Columbia - Georox Resources Inc. has amended the terms of its previously announced non-brokered private placement of up to 6 million units at $0.12 cent per unit . Under the amended terms of the Private Placement, and subject to TSXV approval, the Corporation will issue up to seven million units at a price of $0.10 per unit for gross cash proceeds of approximately $700,000 the . Each Unit will consist of [...]

Kelowna, British Columbia - Georox Resources Inc. is seeking to raise up to $744,000 in a non-brokered private placement . Under the proposed terms of the Private Placement, and subject to TSXV approval, the Corporation will issue up to four million units at a price of $0.12 per unit for gross cash proceeds of approximately $504,000 the . Each Unit will consist of one Common Share in the capital of the Corporation and one [...]

Kelowna, British Columbia - Georox Resources Inc. has entered into a Non-Binding Letter of Intent dated December 22, 2017 with an oil and gas exploration and development company to acquire certain oil and gas assets located in a prolific oil producing area in Western Canada. The assets consist of 39,900 acres of mineral rights with 97% oil production with an average working interest of 96.6%. Average daily net production [...]

Kelowna, British Columbia - Georox Resources Inc. announces the issuance  of incentive stock options to   Consultants of the Corporation to acquire up to an aggregate of 350,000 common shares of the corporation at an exercise price of $0.07. All such options are exercisable for a period of two years and the shares are vested on a quarterly basis of not less than eighteen months from the date of grant. Upon granting of the [...]

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ KELOWNA, BC, Sept. 8, 2017 /CNW/ - Lender Arrangements Georox Resources Inc. ("Georox" or the "Corporation") (TSXV:GXR) announces that it has entered into an amended credit facility and forbearance agreement with Tallinn Capital Mezzanine Limited Partnership ("Tallinn" or the "Lender").  Under the terms of the forbearance [...]

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ KELOWNA, BC, July 27, 2017 /CNW/ - Georox Resources Inc. ("Georox" or the "Corporation") (GXR:TSX-V; OF6A:FRA) has completed its previously announced non-brokered private placement (the "Private Placement") of 3,044,570 units of the Corporation ("Units") at a price of $0.07 per Unit for aggregate gross proceeds of $213,120. Each [...]