Calgary

InPlay Oil Corp. And Prairie Storm Resources Corp. Announce Completion of Strategic Cardium Combination

Retrieved on: 
Tuesday, November 30, 2021

CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") and Prairie Storm Resources Corp. (TSXV: PSEC) ("Prairie Storm") are pleased to announce that they have closed on today's date (the "Effective Date") the previously announced plan of arrangement under section 193 of the Business Corporations Act (Alberta) (the "Acquisition"). Pursuant to the Acquisition, InPlay acquired all of the issued and outstanding common shares of Prairie Storm (the "Prairie Storm Shares") on the basis of $0.2514 in cash and 0.0524 of a common share of InPlay ("InPlay Shares") in exchange for each Prairie Storm Share outstanding and Prairie Storm became a wholly-owned subsidiary of InPlay. As a final step of the Acquisition, InPlay, Prairie Storm and Prairie Storm's wholly-owned subsidiary, Prairie Storm Energy Corp., were subsequently amalgamated under the name "InPlay Oil Corp." (the "Resulting Issuer").

Key Points: 
  • Pursuant to the Acquisition, InPlay acquired all of the issued and outstanding common shares of Prairie Storm (the "Prairie Storm Shares") on the basis of $0.2514 in cash and 0.0524 of a common share of InPlay ("InPlay Shares") in exchange for each Prairie Storm Share outstanding and Prairie Storm became a wholly-owned subsidiary of InPlay.
  • As a final step of the Acquisition, InPlay, Prairie Storm and Prairie Storm's wholly-owned subsidiary, Prairie Storm Energy Corp., were subsequently amalgamated under the name "InPlay Oil Corp." (the "Resulting Issuer").
  • Previous holders of subscription receipts of InPlay are not required to take any action in order to receive the underlying InPlay Shares.
  • InPlay Oil is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production.

Credit Unions of Alberta Support BC Floods and Extreme Weather Appeal

Retrieved on: 
Tuesday, November 30, 2021

CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Albertas credit unions have joined together to support communities impacted by the recent flooding and extreme weather in British Columbia.

Key Points: 
  • CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Albertas credit unions have joined together to support communities impacted by the recent flooding and extreme weather in British Columbia.
  • To demonstrate support, credit unions and Alberta Central have collectively donated to date, more than $40,000 to the Canadian Red Cross British Columbia Foods & Extreme Weather Appeal donation portal.
  • Under the Credit Unions of Alberta banner, Alberta Central also works to increase awareness of the credit union difference among Albertans.
  • To learn more about Alberta Central visit: albertacentral.com
    To learn more about Credit Unions of Alberta visit: albertacreditunions.com

Steel River Group expands Quebec footprint with new corporation Le Groupe Rivières, establishing coast-to-coast presence

Retrieved on: 
Tuesday, November 30, 2021

CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Steel River Group Ltd. (Steel River), an Indigenous-owned diversified management, development and construction consortium, is proud to announce the establishment of a new Quebec-based corporation, Le Groupe Rivires.

Key Points: 
  • CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Steel River Group Ltd. (Steel River), an Indigenous-owned diversified management, development and construction consortium, is proud to announce the establishment of a new Quebec-based corporation, Le Groupe Rivires.
  • Le Groupe Rivires is a general construction and contracting company with a focus on civil, residential development and renovations.
  • With the addition of Le Groupe Rivires to the Steel River Group of Companies, the business is now truly coast-to-coast.
  • This is a proud milestone for Steel River Group, which has continued to see steadfast growth across the country.

Plato Gold Completed Airborne Surveys on the Good Hope Niobium and the Pic River PGE-Cu-Ni Projects and received exploration permits for four Ontario projects

Retrieved on: 
Tuesday, November 30, 2021

Anomalies defined by this survey combined with the expected assay results from Actlabs, will help target future exploration work on the Good Hope Niobium Project.

Key Points: 
  • Anomalies defined by this survey combined with the expected assay results from Actlabs, will help target future exploration work on the Good Hope Niobium Project.
  • The Pic River Platinum Group Elements (PGE) Project was optioned by Plato Gold Corp. from Rudy Wahl in 2020.
  • Plato Golds exploration efforts are currently focused on the Good Hope Niobium Project and the Pic River Platinum Group Elements Project in the Marathon area.
  • Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange and Frankfurt Exchange with projects in Timmins Ontario, Marathon Ontario, and Santa Cruz, Argentina.

Kiwetinohk Energy Corp. Announces Appointment of President, Green Energy Division

Retrieved on: 
Tuesday, November 30, 2021

CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Kiwetinohk Energy Corp. ("Kiwetinohk" or the "Corporation") is pleased to announce that John Maniawski has been appointed President of the Green Energy Division.

Key Points: 
  • CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Kiwetinohk Energy Corp. ("Kiwetinohk" or the "Corporation") is pleased to announce that John Maniawski has been appointed President of the Green Energy Division.
  • John has 32 years of diverse experience with proven performance in the power, utility, pipelines, and customer energy solutions sectors.
  • He has held senior leadership roles at Evolugen (Brookfield Renewable Canada), Enbridge and ENMAX in strategic planning, business development, energy marketing, project execution, asset management, operations, and engineering.
  • Commenting on the appointment of Mr. Maniawski, Pat Carlson, Chief Executive Officer quoted, "We are very pleased to welcome John to Kiwetinohk.

InPlay and Prairie Storm Announce Court and Shareholder Approval of Arrangement, Prairie Storm Q3 2021 Disclosure Filings

Retrieved on: 
Tuesday, November 30, 2021

Additional information regarding the Arrangement is provided in the management information circular of Prairie Storm dated October 26, 2021, which is available on Prairie Storm's SEDAR profile at www.sedar.com .

Key Points: 
  • Additional information regarding the Arrangement is provided in the management information circular of Prairie Storm dated October 26, 2021, which is available on Prairie Storm's SEDAR profile at www.sedar.com .
  • Assuming the satisfaction of the remaining conditions to closing, the Arrangement is expected to close tomorrow, November 30, 2021.
  • In addition, Prairie Storm is also pleased to announce the filing of Prairie Storm's unaudited interim condensed consolidated financial statements (the "Q3 2021 Financial Statements") and related management's discussion and analysis (the "Q3 2021 MD&A"), each as at and for the three and nine months ended September 30, 2021.
  • Copies of the Q3 2021 Financial Statements and Q3 2021 MD&A are available on Prairie Storm's SEDAR profile at www.sedar.com .

Jura Announces Release of Interim Filings and Operational Update

Retrieved on: 
Monday, November 29, 2021

During the three months period ended September 30, 2021, the gas production from the Zarghun South lease was dropped significantly.

Key Points: 
  • During the three months period ended September 30, 2021, the gas production from the Zarghun South lease was dropped significantly.
  • Jura holds a 40% working interest in the Zarghun South lease through its wholly-owned subsidiary Spud Energy Pty Limited, and the lease is operated by Mari Petroleum Company Limited.
  • Jura is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties in Pakistan.
  • This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of Canadian securities laws.

CE Brands Announces Rescheduled Second Quarter 2022 Shareholder Update Call

Retrieved on: 
Monday, November 29, 2021

CE Brands will host a virtual-only shareholder update call on Tuesday, December 7th, at 9-10am PST (12-1pm EST).

Key Points: 
  • CE Brands will host a virtual-only shareholder update call on Tuesday, December 7th, at 9-10am PST (12-1pm EST).
  • The shareholder update call will be facilitated by Craig Smith, CEO and Kalvie Legat, CFO, who will review the company's second quarter financial results and related operational matters.
  • You can join the shareholder update call via this link: https://us02web.zoom.us/j/88569116218
    A recording of the shareholder update call will be posted on the Company website.
  • For more information, please see CE Brands corporate presentation, which is available on CE Brands website at www.cebrands.ca .

Dominion Lending Centres Announces Intention to Commence Substantial Issuer Bid; Announces Plan to Restructure Credit Facilities

Retrieved on: 
Monday, November 29, 2021

See Source of Funds and New Credit Facilities below for details on how the Corporation will fund the Offer.

Key Points: 
  • See Source of Funds and New Credit Facilities below for details on how the Corporation will fund the Offer.
  • The number of Shares subject to the Offer represents approximately 6.5% of the total number of Shares outstanding.
  • The Offer will expire at 5 p.m. Eastern time on January 11, 2022, unless terminated or extended by the Corporation.
  • The Corporation expects to close the New TD Senior Credit Facility and the New TD Junior Credit Facility prior to the end of 2021.

Marksmen Announces Operational Update, Q3 2021 Filings on SEDAR and Early Warning Report

Retrieved on: 
Friday, November 26, 2021

Marksmen is the operator and holds a 75% working interest.

Key Points: 
  • Marksmen is the operator and holds a 75% working interest.
  • The upper interval will be perforated and put on production at a later date, once this interval is thoroughly evaluated.
  • Marty Shumway, VP of Operations of Marksmen in Ohio, states, This well is better than expected and is potentially better than the DH1 well.
  • Marksmen does not undertake to update any forward-looking information except in accordance with applicable securities laws.