Finance - Investment

  • Raise Production To Extend Warrants

    Raise Production Inc. intends to extend the term of 4,466,072 warrants to purchase common shares of Raise which were originally issued in tranches on Feb. 10, 2017 and Feb. 21, 2017 in conjunction with the company’s non-brokered private placement offering of 8,932,144 units.

    July 20, 2018, 3:32 AM MDT

  • Completed Private Placement Raises $4.04 Million For Saturn

    Saskatoon-based Saturn Oil & Gas Inc. says it has completed the previously announced brokered private placement of flow-through common shares and both brokered and non- brokered non-flow-through units.

    July 18, 2018, 7:46 AM MDT

  • Wavefront Closes Private Placement

    Wavefront Technology Solutions Inc. has completed its previously announced non-brokered private placement of 4.34 million units at 30 cents per unit, raising gross proceeds of $1.3 million.

    July 18, 2018, 8:50 AM MDT

  • Inventys Announces US$11MM Series C Fundraising Round

    Inventys closed an initial tranche of its Series C equity financing led by OGCI Climate Investments, and including existing investors The Roda Group and Chevron Technology Ventures.

    July 17, 2018, 6 AM MDT

  • Saturn Closes Second Tranche Of Financing

    Saturn Oil & Gas Inc. has closed the second tranche of a non-brokered financing which, with the consent of Canaccord Genuity Corp., will form part of the $3.5 million brokered offering announced on May 14, 2018 as amended by its subsequent announcement on June 13, 2018.

    July 13, 2018, 9:56 PM MDT

  • Pine Cliff Renews Credit Facility

    A banking syndicate of Canadian financial institutions has completed the semi-annual borrowing base redetermination for Pine Cliff Energy Ltd.  and has renewed the credit facility for a period of one year.

    July 13, 2018, 10:02 PM MDT

  • CWC Energy Voluntarily Reduces Borrowing Base

    CWC Energy Services Corp. has announced a voluntary reduction of its borrowing base under its syndicated credit facility in order to reduce standby charges.

    July 12, 2018, 8:41 AM MDT

  • New West Energy In Loan Financing

    New West Energy Services Inc. has closed agreements with William Rand, the company's lead director and largest shareholder, and Andrew Johns, an investor and shareholder of NWE, whereby Rand and Johns provided loans to NWE in the amount of $200,000 and $150,000, respectively.

    July 11, 2018, 8:43 AM MDT

  • Strategic Grants Stock Options

    Strategic Oil & Gas Ltd. issued 300,000 stock options.

    July 10, 2018, 3:27 PM MDT

  • ESI Energy Services Shareholders Approve Private Placement

    Shareholders of ESI Energy Services Inc. at a special meeting this week approved the issue by private placement that will raise aggregate gross proceeds of $10 million, says the company.

    July 5, 2018, 3:18 AM MDT

  • Strad Amends Share Buyback Program

    Strad Energy Services Ltd. has received the approval of the Toronto Stock Exchange (TSX) to amend its previously announced normal course issuer bid (NCIB) to increase the number of common shares that it may purchase under the bid from a maximum of 3,000,637 common shares to 4,946,487 common shares effective July 9, 2018.

    July 5, 2018, 3:09 AM MDT

  • Updated Share Capital And Voting Rights For BlackPearl

    As a result of the exercise of stock options, as at June 29, 2018, the number of issued and outstanding shares of BlackPearl Resources Inc. is 336,844,240 common shares with voting rights.

    July 3, 2018, 3:06 AM MDT

  • Waterous Energy Fund Closes First Fund at Hard Cap of $1.4 Billion

    Waterous Energy Fund (WEF) announced the final closing of its first fund, Waterous Energy Fund, L.P. exceeding its original target of $1 billion and hitting the Fund's hard cap of approximately $1.4 billion.

    June 29, 2018, 9:56 AM MDT

  • Essential Energy Services Amends, Extends Credit Facility

    Essential Energy Services Ltd. has entered into an amended and restated credit facility agreement with a syndicate of lenders including National Bank of Canada, ATB Financial and Canadian Western Bank.

    June 27, 2018, 6 AM MDT

  • Horizon North Closes $50 Million Bought Deal Public Offering

    Horizon North Logistics Inc. closed its previously announced bought-deal financing through a syndicate of underwriters.

    June 25, 2018, 7:38 AM MDT

  • Imperial Receives Nod From TSX For Share Buybacks

    Imperial Oil Limited has received final acceptance from the Toronto Stock Exchange (TSX) for a normal course issuer bid (NCIB) to repurchase up to five per cent of its 807.82 million outstanding common shares as of June 13, 2018, or a maximum of 40.39 million shares during the next 12 months.

    June 22, 2018, 7:31 AM MDT

  • Keyera Closes $400 Million Public Note Offering

    Keyera Corp. has closed its offering of $400 million of senior unsecured medium term notes.

    June 21, 2018, 7:08 AM MDT

  • Keyera In $400 Million Public Note Offering

    Keyera Corp. has agreed to issue $400 million of senior unsecured medium term notes.

    June 20, 2018, 6 AM MDT

  • CES Increases Dividend, Plans Share Buyback

    June 15, 2018, 6 AM MDT

  • Saturn Announces Flow-Through Brokered Private Placement

    Saturn Oil & Gas Inc. has amended the terms of its brokered private placement unit offering announced on May 14, 2018, to engage Gravitas Securities Inc. to act as co-lead with Canaccord Genuity Corp.

    June 14, 2018, 6 AM MDT

  • Precision Moves Rig To States, Announces $75 Million In Senior Note Redemptions

    June 12, 2018, 8:18 AM MDT

  • Jupiter Credit Facility Reduced To $425 Million

    June 8, 2018, 11:23 AM MDT

  • Saturn Oil & Gas Closes Initial Financing For $1.34 Million

    June 8, 2018, 6 AM MDT

  • Lender Increases Term Loan To Hemisphere

    Vancouver-based Hemisphere Energy Corporation says it has amended its credit agreement with its third‐party lender in order to increase the commitment amount available on its multi‐draw, non‐revolving term loan facility by US$10 million for an aggregate amount of $30 million.

    June 4, 2018, 8:37 AM MDT

  • Lenders’ Syndicate Extends, Raises Delphi’s Borrowing Base

    Delphi Energy Corp. says it has extended its senior secured credit facility with a syndicate of lenders, led by Alberta Treasury Branches and including the Bank of Nova Scotia and Bank of Montreal, and that the borrowing base of the facility has been increased to $105 million from $95 million.

    May 31, 2018, 8 AM MDT