Calgary

Early Warning News Release in Connection with the Share Ownership of Bengal Energy Ltd.

Retrieved on: 
Friday, February 26, 2021
Stock market, Security, System for Electronic Document Analysis and Retrieval

Before giving effect to the Private Placement, the Insiders owned and controlled an aggregate of 26,891,489 Common Shares representing approximately 26% of the issued and outstanding Common Shares.

Key Points: 
  • Before giving effect to the Private Placement, the Insiders owned and controlled an aggregate of 26,891,489 Common Shares representing approximately 26% of the issued and outstanding Common Shares.
  • After giving effect to the Private Placement, the Insiders own or control an aggregate of 357,611,489 Common Shares representing approximately 82.6% of the issued and outstanding Common Shares.
  • Texada may, from time to time, as market opportunities exist or develop, increase or decrease its ownership of Common Shares as permitted by applicable securities laws.
  • FOR FURTHER INFORMATION OR TO OBTAIN A COPY OF THE EARLY WARNING REPORT FILED UNDER APPLICABLE SECURITIES LEGISLATION IN CONNECTION WITH THE TRANSACTIONS SET FORTH HEREUNDER PLEASE GO TO THE COMPANY'S PROFILE ON SEDAR AT WWW.SEDAR.COM , OR CONTACT:

Bengal Energy Announces Closing of Private Placement and Debt Settlement

Retrieved on: 
Friday, February 26, 2021
Political geography, South Asia, Regions, Banks of Australia, Westpac, West Bengal, Bengal, Proprietary company

Calgary, Alberta--(Newsfile Corp. - February 26, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement ("Private Placement") of common shares in the capital of the Company ("Common Shares") to Texada Capital Management Ltd. ("Texada").

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - February 26, 2021) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement ("Private Placement") of common shares in the capital of the Company ("Common Shares") to Texada Capital Management Ltd. ("Texada").
  • Bengal is also pleased to announce the closing of the transactions contemplated by the debt settlement agreement (the "Debt Settlement") with its senior secured lender Westpac Banking Corporation ("Westpac") in respect of the settlement of all indebtedness and liabilities owing by Bengal's wholly owned subsidiary Bengal Energy (Australia) Pty Ltd. ("Bengal Pty") to Westpac under its secured credit facility (the "Facility").
  • Under the Private Placement, Bengal issued to Texada an aggregate of 330,720,000 Common Shares at the price of CAD$0.05 per share for aggregate gross proceeds of CAD$16,536,000 (the "Gross Proceeds").
  • The amount of USD$10 million of the Gross Proceeds were applied by Bengal to the settlement of the principal amount owing by Bengal Pty to Westpac under the Debt Settlement.

PetroTal Announces Grant of Performance Share Units

Retrieved on: 
Friday, February 26, 2021
Communication, Forward-looking statement, Auditor's report

FORWARD-LOOKING STATEMENTS: This press release contains certain statements that may be deemed to be forward-looking statements.

Key Points: 
  • FORWARD-LOOKING STATEMENTS: This press release contains certain statements that may be deemed to be forward-looking statements.
  • All statements other than statements of historical fact may be forward-looking statements.
  • Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties.
  • Actual results could differ materially from those currently anticipated due to a number of factors and risks.

Suncor Energy files annual disclosure documents

Retrieved on: 
Friday, February 26, 2021
S&P/TSX 60, Suncor Energy, Sunoco LP, Calgary, Petroleum, Companies, Economy of Canada

CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Suncor has filed its 2020 Annual Report, 2020 Annual Information Form and 2021 Management Proxy Circular.

Key Points: 
  • CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Suncor has filed its 2020 Annual Report, 2020 Annual Information Form and 2021 Management Proxy Circular.
  • To view the companys annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncors website at suncor.com/financialreports .
  • Suncor Energy is Canada's leading integrated energy company.
  • For more information about Suncor, visit our web site at suncor.com , follow us on Twitter @Suncor

Sugarbud Enters Canada’s Largest Recreational Cannabis Market, Signs Supply Agreement with Ontario

Retrieved on: 
Thursday, February 25, 2021
Communication, Forward-looking statement

Address: Suite 620, 634 - 6th Avenue S.W., Calgary, Alberta T2P 0S4

Key Points: 
  • Address: Suite 620, 634 - 6th Avenue S.W., Calgary, Alberta T2P 0S4
    This news release contains forward-looking statements.
  • When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements.
  • The forward-looking statements are founded on the basis of expectations and assumptions made by Sugarbud.
  • Except as required by applicable laws, Sugarbud does not undertake any obligation to publicly update or revise any forward-looking statements.

Faster Speeds and More Bandwidth for Business: Western Canada’s Gig Leader Launches 1.5 Gig Internet Speeds for Business Customers

Retrieved on: 
Thursday, February 25, 2021
Information and communications technology, Digital media, Digital technology, Internet, New media, Telegraphy, Gig, Technology

The download speeds offered by SmartWiFi Gig 1.5 and Business Internet Gig 1.5 are also perfect for companies who frequently store, share, and back-up company information using cloud computing services.

Key Points: 
  • The download speeds offered by SmartWiFi Gig 1.5 and Business Internet Gig 1.5 are also perfect for companies who frequently store, share, and back-up company information using cloud computing services.
  • As Western Canadas leader in Gig speed internet, SmartWiFi Gig 1.5 and Business Internet Gig 1.5 gives customers the connectivity backbone they need to succeed.
  • The introduction of 1.5 Gig speed for businesses comes on the heels of Shaw Communications making Fibre+ Gig 1.5 available to residential customers.
  • For more information on SmartWiFi Gig 1.5 and Business Internet Gig 1.5 plans from Shaw Business, please visit business.shaw.ca .

Kelt Provides Results of Its Oil & Gas Reserves Evaluation Effective December 31, 2020

Retrieved on: 
Thursday, February 25, 2021
Natural gas

Actual results could differ materially from those currently anticipated due to a number of factors and risks.

Key Points: 
  • Actual results could differ materially from those currently anticipated due to a number of factors and risks.
  • In addition, the reader is cautioned that historical results are not necessarily indicative of future performance.
  • There are numerous uncertainties inherent in estimating quantities of oil, natural gas and NGLs reserves and the future net revenue attributed to such reserves, including many factors beyond the control of Kelt.
  • Actual oil, natural gas and NGLs reserves may be greater than or less than the estimates provided herein and variances could be material.

CEMATRIX Recognized as a TSX Venture 50 Company for the Second Year in a Row

Retrieved on: 
Thursday, February 25, 2021
Economy of Alberta, TSX Venture Exchange, Toronto Stock Exchange, Economy of Canada, Provinces and territories of Canada, Companies

CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Cematrix Corporation (TSXV: CVX) ("Cematrix" or the "Company") is pleased to announce it has been named as one of the Venture 50 Companies for 2021 by the TSX Venture Exchange.

Key Points: 
  • CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Cematrix Corporation (TSXV: CVX) ("Cematrix" or the "Company") is pleased to announce it has been named as one of the Venture 50 Companies for 2021 by the TSX Venture Exchange.
  • We are honoured to be recognized by the TSX Venture Exchange for the second year in a row, said Jeff Kendrick, CEO of CEMATRIX.
  • The TSX Venture Exchange has been a great platform for CEMATRIX to continue its growth trajectory and develop its business over the years while providing value to its shareholders.
  • Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Obsidian Energy Announces Extension to our Syndicated Credit Facility and Provides Hedging Update

Retrieved on: 
Wednesday, February 24, 2021
Fictional characters, Communication, Forward-looking statement, Obsidian

Although Obsidian Energy believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Obsidian Energy can give no assurances that they will prove to be correct.

Key Points: 
  • Although Obsidian Energy believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Obsidian Energy can give no assurances that they will prove to be correct.
  • Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties.
  • Unless otherwise specified, the forward-looking statements contained in this document speak only as of the date of this document.
  • Except as expressly required by applicable securities laws, we do not undertake any obligation to publicly update or revise any forward.