St. George's Bay

Vortex Energy Completes Seismic Interpretation

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星期四, 六月 1, 2023
Sodium chloride, CSE, VRTX, 3D, NI, St. George's Bay, News, Vortex

VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") along with its contracted consultant partners, RESPEC Consulting Inc. (“RESPEC”) and Hill Geophysical Consulting (“Hill Geophysical”), completed a 2D seismic interpretation on the Robinsons River Salt Project (the “Project”), Newfoundland, Canada locating at least two salt structures prospective for halite exploration, the mineral form of sodium chloride or road salt.

Key Points: 
  • VANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") along with its contracted consultant partners, RESPEC Consulting Inc. (“RESPEC”) and Hill Geophysical Consulting (“Hill Geophysical”), completed a 2D seismic interpretation on the Robinsons River Salt Project (the “Project”), Newfoundland, Canada locating at least two salt structures prospective for halite exploration, the mineral form of sodium chloride or road salt.
  • The 2D seismic shows potential for salt bodies within the confines of the study area, which must be further analyzed to confirm the existence of potential salt structures.
  • “The preliminary results from the seismic interpretation are positive and show the potential for halite (road salt) potential.
  • With further data compilation and a 3D geological model, Vortex will be able to further clarify potential of sub-surface structures such as salt domes.

Vortex Energy Completes Acquisition of Blue Ocean Salt Corp.

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星期二, 四月 4, 2023
CSE, VRTX, Property, News, St. George's Bay, Acquisition, Atlantic Ocean

VANCOUVER, British Columbia, April 04, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX) ("Vortex” or the "Company") is pleased to announce‎, further to its news release dated March 7, 2023, that it has completed the acquisition of 100% of the issued and outstanding share capital of Blue Ocean Salt Corp. (“BOSC”) in consideration for an aggregate of 20,600,004 common shares in the capital of the Company.

Key Points: 
  • VANCOUVER, British Columbia, April 04, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX) ("Vortex” or the "Company") is pleased to announce‎, further to its news release dated March 7, 2023, that it has completed the acquisition of 100% of the issued and outstanding share capital of Blue Ocean Salt Corp. (“BOSC”) in consideration for an aggregate of 20,600,004 common shares in the capital of the Company.
  • BOSC owns a 100% interest in and to the Robinsons River Salt Property located in the Bay St. George region of southwestern Newfoundland, which consists of four contiguous mineral licenses and is comprised of 687 claims (the “Property”).
  • The Property is near a major Atlantic Ocean port in Newfoundland, covering 17,139 hectares.
  • We look forward to expanding on our future plans in the province at a later date.”

Vortex Energy Corp. Announces Letter Agreement for Acquisition of Blue Ocean Salt Corp.

Retrieved on: 
星期二, 三月 7, 2023
CSE, VRTX, St. George's Bay

VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX) ("Vortex” or "Company") is pleased to announce that it has entered into a binding letter agreement (“Letter Agreement”) to acquire all of the issued and outstanding common shares of Blue Ocean Salt Corp. (“BOSC”), which owns a 100% interest in and to the Robinsons River Salt Property (“Property”) located in the Bay St. George region of southwestern Newfoundland.

Key Points: 
  • VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX) ("Vortex” or "Company") is pleased to announce that it has entered into a binding letter agreement (“Letter Agreement”) to acquire all of the issued and outstanding common shares of Blue Ocean Salt Corp. (“BOSC”), which owns a 100% interest in and to the Robinsons River Salt Property (“Property”) located in the Bay St. George region of southwestern Newfoundland.
  • The Property consists of four contiguous mineral licenses and is comprised of 687 claims.
  • The transaction (“Transaction”) is expected to proceed by way of a series of share purchase transactions between the Company and each of the shareholders of BOSC (“BOSC Shareholders”).
  • The consideration payable by the Company for each BOSC share is two-thirds-of-one (2/3) common share of the Company.

Canada and Newfoundland and Labrador invest in climate action project in the Town of Stephenville

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星期二, 二月 14, 2023
Carbon, NL, Long Range Mountains (electoral district), Organization, Local government in Canada, Climate, Environment, House, Long Range, Government, Climate change, Indigenous peoples, Assembly, Indigenous, Environment and Climate Change Canada, Parliament, Atmosphere, Town, Partnership, Investment, ST, Minister of Rural Economic Development, Government of Newfoundland and Labrador, Newfoundland and Labrador House of Assembly, Long Range Mountains, First Nations, Renewable energy, Gasoline, St. George's Bay

The Government of Newfoundland and Labrador is also contributing up to $226,000, and the Town is contributing just under $181,000 toward the project.

Key Points: 
  • The Government of Newfoundland and Labrador is also contributing up to $226,000, and the Town is contributing just under $181,000 toward the project.
  • This project is a good example of the climate leadership that will be supported under the expanded Low Carbon Economy Fund.
  • This funding is part of an agreement between Canada and Newfoundland and Labrador under the Low Carbon Economy Leadership Fund.
  • The advanced and enhanced Low Carbon Economy Fund will support climate action by Indigenous peoples with a new $180-million Indigenous Leadership Fund.