• Sonntag, 22 Dezember 2024
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Petro One Energy Corp.
Bergbau
März 2016
Übernahme


  • Petro One reported on October 8, 2014 that it had closed a private placement of $3,260,842.75 on October 7, 2014 and that it had received confirmation from Korea Myanmar Development Company that that KMDC intended to wire the balance of the funds owing to fulfill its contractual obligations in respect of the non-brokered private placement announced on July 28, within the next 14 days. The Company had not received [...]
    22.10.2014
  • Petro One is pleased to report that it has closed its non-brokered private placements announced on July 28, and August 5, 2014. On closing, on October 7, 2014, the Company issued a total of 13,043,371 units at the price of $0.25 per Unit to raise gross proceeds of $3,260,842.75. Each Unit was comprised of one common share and one share purchase warrant entitling the holder to purchase one additional common share at [...]
    08.10.2014
  • Petro One is pleased to report that it has confirmed payment of $500,000 in additional subscription funds pursuant to the Company's agreement with Korea Myanmar Development Company, with the result that $4,000,000 of private placement funding is currently in place pending closing. The balance of $2,000,000 is due on or before October 7, 2014 to complete the $6,000,000 private placement funding scheduled to close on [...]
    27.09.2014
  • Petro One is pleased to report that it has received bank confirmation that the $500,000 payment due on September 19, 2014 pursuant to the Company's agreement with Korea Myanmar Development Company has been received and was on deposit prior to the close of business on September 19, 2014. An additional $500,000 remains payable on September 26, 2014 and the balance of $2,000,000 is payable on or before October 7, 2014 [...]
    20.09.2014
  • Petro One Energy reported on September 8, 2014 that Korea Myanmar Development Company had committed to pay $500,000 on September 19, 2014 towards the private placement which was originally announced on July 28, 2014 and is currently scheduled to complete on October 7, 2014. The Company is now pleased to report that it has received a copy of an outgoing cable issued by Korea Exchange Bank yesterday confirming that [...]
    19.09.2014
  • Petro One reported on September 2, 2014 that it had received a request from Korea Myanmar Development Company to extend to October 7, 2014 the time permitted to complete the $4,000,000 private placement announced on July 28, 2014, citing rules and regulations of the financial authorities and a need for additional time to meet the requirements of those authorities. Since then, management has been seeking clarification [...]
    09.09.2014
  • Petro One Energy announced on August 1 and 5, 2014 that it had arranged non-brokered private placements to raise a total of $6,000,000 in conjunction with the initial $14,000,000 drilling fund to be established by Korea Myanmar Development. The agreement with KMDC and the private placements have all been conditionally accepted by the TSX Venture Exchange, and the Company has submitted materials to the Exchange for [...]
    02.09.2014
  • Petro One is pleased to announce that its $4,000,000 private placement announced on July 28, 2014 has been fully subscribed and that, due to high demand, it has placed an additional $2,000,000 on the same terms, principally with institutional investors and fund managers. Based on the overwhelmingly positive response to its agreement with Korea Myanmar Development Company for funding of up to $100,000,000 to drill up [...]
    18.08.2014
  • Petro One has approved the grant of incentive options exercisable to purchase up to an aggregate of 5,000,000 shares of the Company to directors and officers of the Company, and incentive options to purchase up to an additional 1,300,000 shares to Company consultants. All of the options are exercisable at the price of $0.31 per share until July 31, 2024 subject to earlier termination in accordance with their terms [...]
    02.08.2014
  • Petro One announced on July 27, 2014 that it had arranged funding of up to $100,000,000 from Korea Myanmar Development to drill up to 97 oil wells on Petro One properties in Saskatchewan and Manitoba. It is now pleased to report that the first step in that funding has been taken. KMDC was originally established with the support of the Korean Government to secure and develop petroleum leases in Myanmar (formerly [...]
    01.08.2014
  • Petro One Energy has entered into a Program Earning and Joint Venture Agreement with Korea Myanmar Development which provides for a $4,000,000 private placement financing and a $14,000,000 funding to drill up to 11 oil wells on certain of the Company's oil and natural gas leases in Saskatchewan and Manitoba plus a Lodgepole production test of the well previously drilled at South Reston by Petro One and GoldStrike [...]
    28.07.2014
  • Petro One has granted incentive stock options exercisable to purchase up to 200,000 shares of the Company to a geological consulting company controlled by Dennis Price, P. Geo., Special Advisor to the Company's Board. Dennis graduated with a BSc degree in geology from Queen Mary College, London University, in 1976. He worked as a field geologist in South America, Africa, USA and western Canada before joining [...]
    23.06.2014


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