Rockcliff

Quantum Energy Partners Completes $2.7 Billion Sale of Rockcliff Energy to TG Natural Resources

Retrieved on: 
Friday, December 29, 2023
Rockcliff, Quantum Energy Partners, Sale

HOUSTON, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”) today announced the completion of its previously announced sale of Rockcliff Energy II LLC (“Rockcliff”) to TG Natural Resources LLC (“TGNR”).

Key Points: 
  • HOUSTON, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”) today announced the completion of its previously announced sale of Rockcliff Energy II LLC (“Rockcliff”) to TG Natural Resources LLC (“TGNR”).
  • Rockcliff is a portfolio company of Quantum Energy Partners, Quantum’s private equity division.

Hudbay Completes Rockcliff Acquisition; Further Consolidates Snow Lake Operations and Adds to Prospective Land Package

Retrieved on: 
Thursday, September 14, 2023
HBM, TSX, Acquisition, Snow, NYSE, Transaction, Rockcliff, Hudbay

TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. (“Rockcliff”).

Key Points: 
  • TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has completed its acquisition of Rockcliff Metals Corp. (“Rockcliff”).
  • Hudbay acquired all of the issued and outstanding common shares of Rockcliff that it did not already own pursuant to a court-approved plan of arrangement, effective as of today’s date (the “Transaction”).
  • As a result of closing the Transaction, Rockcliff is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Rockcliff shareholders have been issued 0.006776 of a Hudbay common share for each Rockcliff share previously held.
  • Rockcliff also owns a 100% interest in six additional deposits in the Snow Lake region and is one of the largest landholders in the Snow Lake area, with approximately 1,800 km2 across all its properties.

Hudbay Announces Potential for Mine Life Extension in Snow Lake with the Discovery of New Mineralized Zones Near Lalor and Significant Regional Land Consolidation

Retrieved on: 
Thursday, July 27, 2023
Area studies, Ontario Superior Court of Justice, Talbot, HBM, Zinc, Life, Metal, Silver, Stall, Arrangement, Snow, Gold, Acquisition, Hyperaccumulators table – 3, TSX, Copper, News, NYSE, Oil, Rare-earth element, Mining, Uranium mining, Lalor, Hudbay, Edmonton/Cooking Lake Airport, Chisel, Rockcliff, Morgan Spurlock's New Britannia

The drilling results and the regional land acquisitions provide the potential for mine life extension at Hudbay’s Snow Lake operations beyond 2038.

Key Points: 
  • The drilling results and the regional land acquisitions provide the potential for mine life extension at Hudbay’s Snow Lake operations beyond 2038.
  • Acquisition of the Cook Lake properties in Snow Lake provides additional potential for a new discovery.
  • These positive exploration results and land consolidation initiatives provide the potential to deliver increases in near-term production, mine life extension and substantial long-term value creation from Hudbay’s Snow Lake operations.
  • The company’s 2024 exploration plans include regional geophysical surveys to be conducted on the newly consolidated land package in Snow Lake.

Hudbay to Acquire Rockcliff to Consolidate the Snow Lake Camp

Retrieved on: 
Monday, June 19, 2023
Olive, Ontario Superior Court of Justice, HBM, LLP, Interim, CSE, Bur, Model Business Corporation Act, Committee, Disclosure, OTCQB, Arrangement, Goodmans, National bank, Snow, National Bank of Canada, Greenstone, Acquisition, TSX, Copper, Canadian House of Commons Special Committee on Electoral Reform, NYSE, Security (finance), Management, Financial adviser, Talbot, Hudbay, Rockcliff, Morgan Spurlock's New Britannia

Under the Arrangement Rockcliff shareholders will receive 0.006776 of a Hudbay common share for each Rockcliff common share held, representing an attractive premium to Rockcliff’s recent trading price.

Key Points: 
  • Under the Arrangement Rockcliff shareholders will receive 0.006776 of a Hudbay common share for each Rockcliff common share held, representing an attractive premium to Rockcliff’s recent trading price.
  • Ken Lapierre, Interim President, Chief Executive Officer and Director of Rockcliff, comments, “We are delighted that Hudbay views Rockcliff as an important and strategic acquisition for their operations in the Snow Lake camp.
  • Rockcliff is one of the largest landholders in the Snow Lake area with approximately 1,800 km2 across all its properties.
  • INFOR Financial is acting as financial advisor to Rockcliff and Peterson McVicar LLP is acting as legal counsel to Rockcliff.

Rockcliff Energy Achieves Independently Certified RSG Performance Milestone, Targets Domestic and Export Markets

Retrieved on: 
Tuesday, May 24, 2022
Software, Oil, Gas, Natural Resources, Environment, Energy, Data Management, Technology, Other Natural Resources, Ethylene oxide, Natural gas, Quantum Energy Partners, Formaldehyde, Certification, LNG, Leadership, Multimedia, Professional corporation, Gulf Coast of the United States, Gulf, Water, Energy, Nitrous oxide, Haynesville, Industry, Benzene, Atmosphere, Ethane, Aeris, Technology, Energy level, Rockcliff, Software as a service, RSG, Methane, Classification, CEO, ESG, Oil, EU

Thus far, 143 wells have been assessed and certified by TrustWell , and the current remaining Rockcliff Haynesville Shale wells will be assessed by the end of June 2022.

Key Points: 
  • Thus far, 143 wells have been assessed and certified by TrustWell , and the current remaining Rockcliff Haynesville Shale wells will be assessed by the end of June 2022.
  • Strategically located along the Gulf Coast, Rockcliff will soon deliver approximately 1.3 billion cubic feet (bcf) per day of independently certified RSG to domestic and international gas buyers.
  • Domestic utility buyers and LNG operators are recognizing the value of RSG validated with high-fidelity data.
  • Rockcliff is a top-tier energy company helping to fuel the U.S. and global economy with clean-burning natural gas.

UPDATE: Rockcliff Energy Announces Project Canary Independent Emissions Measurement & Environmental Performance Certification

Retrieved on: 
Thursday, April 28, 2022
Energy level, ESG, Carbon, GLOBE, Leadership, Rockcliff, Compliance, CEO, Project, Natural gas, Technology, Culture, Haynesville Shale, Quantum Energy Partners, Renewable energy

HOUSTON, April 27, 2022 (GLOBE NEWSWIRE) -- Rockcliff Energy II LLC (Rockcliff), an exploration and production company focused on the Haynesville play in East Texas, announced a commitment to utilize Project Canary for independent, real-time continuous emissions monitoring.

Key Points: 
  • HOUSTON, April 27, 2022 (GLOBE NEWSWIRE) -- Rockcliff Energy II LLC (Rockcliff), an exploration and production company focused on the Haynesville play in East Texas, announced a commitment to utilize Project Canary for independent, real-time continuous emissions monitoring.
  • Rockcliff has deployed 171 high-fidelity Canary X continuous emissions monitors on 57 sites to verify existing low methane intensity and immediately measure and detect unwanted leaks.
  • "Relying on Project Canary's independent, real-time, continuous emissions monitoring demonstrates our commitments to sustainability and operational excellence.
  • Independent operational certification and real-time continuous emissions monitoring provide customers with the guarantees they are seeking from U.S.

Rockcliff Energy Announces Project Canary Independent Emissions Measurement & Environmental Performance Certification

Retrieved on: 
Wednesday, April 27, 2022
ESG, CEO, RSG, Natural gas, GLOBE, Leadership, Haynesville Shale, Energy level, Carbon, Compliance, Project, Certification, Culture, Quantum Energy Partners, Renewable energy, Rockcliff

HOUSTON, April 27, 2022 (GLOBE NEWSWIRE) -- Rockcliff Energy, an exploration and production company focused on the Haynesville play in East Texas, announced an ongoing commitment to utilize Project Canary for independent monitoring, emissions measurement, and environmental, social, and governance (ESG) certification of its natural gas production assets.

Key Points: 
  • HOUSTON, April 27, 2022 (GLOBE NEWSWIRE) -- Rockcliff Energy, an exploration and production company focused on the Haynesville play in East Texas, announced an ongoing commitment to utilize Project Canary for independent monitoring, emissions measurement, and environmental, social, and governance (ESG) certification of its natural gas production assets.
  • Rockcliff commits to Project Canary independent certification, and monitoring for all new wells brought online.
  • "Relying on Project Canary's independent, high-bar assessments is about more than demonstrating our commitments to sustainability and operational performance.
  • Continuous monitoring devices have been deployed at the company's pad locations, and Rockcliff expects to announce Project Canary TrustWell certification results in mid-Q2.

Williams Further Advances Its Integrated Clean Energy Value Chain Strategy Through Acquisition of Assets from Trace Midstream

Retrieved on: 
Monday, March 14, 2022
Alternative Energy, Energy, Other Energy, Oil, Gas, Safety, Heat, Quantum Energy Partners, Wardwell, RBC Capital Markets, Partnership, Natural gas, WMB, ESG, Citigroup, Carbon, EBITDA, LNG, Acquisition, NYSE, LEG, Solution, Â, Technology, Transport, Growth, Vinson & Elkins, Transco, Lithium, Oil, Renewable energy, Petroleum, Rockcliff, Midcontinent Independent System Operator, Quantum, Gulf Coast of the United States, Trace, Williams, Quantum, Trace, Rockcliff, WILLIAMS, QUANTUM, TRACE, ROCKCLIFF

As part of the transaction, Trace customer and Quantum affiliate Rockcliff Energy (Rockcliff) has agreed to a long-term capacity commitment in support of Williams Louisiana Energy Gateway (LEG) project.

Key Points: 
  • As part of the transaction, Trace customer and Quantum affiliate Rockcliff Energy (Rockcliff) has agreed to a long-term capacity commitment in support of Williams Louisiana Energy Gateway (LEG) project.
  • The partnership brings together Williams expertise as a leading developer and operator of clean energy infrastructure with Quantums abilities as a leading global provider of private capital to the responsibly sourced energy and energy transition & decarbonization sectors.
  • With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy.
  • Houston-based Trace Midstream provides midstream solutions to producers with a focus on customer service, safety and operational excellence.

Rockcliff Completes $3 Million Sale to Kinross of Non-Core Gold Assets

Retrieved on: 
Tuesday, July 20, 2021
Kinross Gold, S&P/TSX 60, Net smelter return, Rockcliff, Kinross (1860) railway station, Royalty payment, NSR, Companies, Articles

Toronto, Ontario--(Newsfile Corp. - July 20, 2021) - Rockcliff Metals Corporation (CSE: RCLF) (OTCQB: RKCLF) ("Rockcliff" or the "Company") is pleased to announce the closing of the sale of its 100% owned subsidiary, Goldpath Corporation ("Goldpath"), to Kinross Gold Corporation ("Kinross").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 20, 2021) - Rockcliff Metals Corporation (CSE: RCLF) (OTCQB: RKCLF) ("Rockcliff" or the "Company") is pleased to announce the closing of the sale of its 100% owned subsidiary, Goldpath Corporation ("Goldpath"), to Kinross Gold Corporation ("Kinross").
  • The purchase price includes cash proceeds of $3 million and Net Smelter Return royalties ("NSR") on three of the Goldpath properties.
  • The consideration to be paid by Kinross to Rockcliff consists of the following:
    NSRs on the following properties:
    Ber Property - 2.0% NSR.
  • The cash proceeds from the sale of this non-core asset will assist Rockcliff as it continues to advance its project development strategy.

Rockcliff Announces Commencement of a New Preliminary Economic Assessment of Tower and Rail

Retrieved on: 
Wednesday, July 14, 2021
Rockcliff, National Instrument 43-101, Geology

Toronto, Ontario--(Newsfile Corp. - July 14, 2021) - Rockcliff Metals Corporation (CSE: RCLF) (OTCQB: RKCLF) ("Rockcliff" or the "Company") is pleased to announce the commencement of a new NI 43-101 Preliminary Economic Assessment ("PEA") for the sequential development of the Company's 100% owned Tower and Rail projects.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 14, 2021) - Rockcliff Metals Corporation (CSE: RCLF) (OTCQB: RKCLF) ("Rockcliff" or the "Company") is pleased to announce the commencement of a new NI 43-101 Preliminary Economic Assessment ("PEA") for the sequential development of the Company's 100% owned Tower and Rail projects.
  • The purpose of this new PEA is to incorporate the results of an independent desk-top study of the Tower project completed in May of this year.
  • Management believes that being able to materially reduce pre-production capital costs at Tower and Rail is essential for the success of the first mining project to be developed by Rockcliff.
  • We look forward to providing investors with the results of the PEA combining both Tower and Rail by the end of Q3."