Latest Argosy Enrgy Cda Ord (AYEYF) Headlines
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Valencia Announces Management Changes
Marketwire - Wed Feb 26, 7:04AM CST
Valencia Ventures Inc. (TSX VENTURE: VVI.H) ("Valencia" or the "Company") welcomes Mr. John Rak as its President and Chief Executive Officer and a member of the Company's Board of Directors, replacing Mr. Josh Van Deurzen. Mr. Rak was recently a Vice President with Stetson Oil & Gas Ltd. Prior to this, he was a partner and Vice President of Investment Banking at a private Toronto based investment bank where he was responsible for the firm's oil and gas activities. Mr. Rak holds Bachelor of Science and Master of Science degrees from the University of Guelph.
Argosy Energy Inc. Announces Receivership and Resignation of Directors
Marketwire - Thu Jun 06, 12:06PM CDT
Argosy Energy Inc., (TSX: GSY) which includes its wholly owned subsidiary, Radius Resources Corp. (the "Company") announces that, pursuant to an order of the Court of Queen's Bench of Alberta (the "Court") dated May 30, 2013, FTI Consulting Canada Inc. has been appointed as the receiver and manager of all of the Company's assets, undertakings and property.
TSX Delisting Review - Argosy Energy Inc. (Symbol: GSY)
CNW Group - Wed Mar 20, 7:45AM CDT
DELISTING REVIEWArgosy Energy Inc. (the "Company") - Further to TSX Bulletin 2013-0216 dated March 11, 2013, TSX has determined to delist the Common Shares (Symbol: GSY) of the Company at the close of market on April 19, 2013 for failure to meet the continued listing requirements of TSX. The Common Shares will remain suspended from trading.
Argosy Energy Inc. Announces Forbearance Agreement With Lender and Filing of A Notice of Intention to Make A Proposal to Its Creditors Pursuant to the Business and Insolvency Act
Marketwire - Mon Mar 11, 11:05AM CDT
Argosy Energy Inc. which includes its wholly owned subsidiary, Radius Resources Corp. ("Argosy" or the "Company") (TSX: GSY) announces that it has entered into a Forbearance Agreement with its secured lender, the National Bank of Canada (the "Bank"), including delivery of a Consent Receivership Order to be held in accordance with the said Forbearance. The Bank has made demand upon Argosy for payment in full of its outstanding indebtedness in the aggregate amount of approximately $21.8 million plus accrued interest, costs and fees by the close of business on March 18, 2013. In addition, the Bank has provided Argosy with a Notice of Intention to Enforce Security pursuant to subsection 244(1) of the Bankruptcy and Insolvency Act ("BIA"). Under the terms of the Forbearance Agreement, the Company has waived the 10 day notice period pursuant to demands issued by the Bank dated March 8, 2013. Under the terms of the Forbearance Agreement the Bank has agreed to forbear from enforcing its remedies subject to the Comp
IIROC Trading Halt - GSY (all issues)
CNW Group - Mon Mar 11, 9:02AM CDT
The following issues have been halted by IIROC:
Argosy Energy Inc. Announces Amendments to Its Credit Facility and Provides Results of Its December 31, 2012 Reserve Evaluation
Marketwire Canada - Tue Feb 26, 4:25PM CST
Argosy Energy Inc. ("Argosy" or the "Company") (TSX:GSY) announces that it has signed an amendment to its existing credit facility ("Credit Facility") whereby the Company's lender has agreed to extend the revolving period of the Credit Facility to April 30, 2013 subject to certain term and conditions including the following:
Argosy Energy Inc. Announces TSX Listing Review and Provides an Operational Update
Marketwire - Mon Jan 21, 9:04AM CST
Argosy Energy Inc. ("Argosy" or the "Company") (TSX: GSY) announced that the Toronto Stock Exchange ("TSX") has informed the Company that it is reviewing the eligibility for continued listing of Argosy's common shares on the TSX. The TSX initiated its delisting review pursuant to its continued listing criteria and as a result of the market value of the Company's TSX listed shares, the Company's financial condition and management deficiencies including not currently having a designated Chief Financial Officer. The market value of Argosy's listed equity has declined to less than the required $3.0 million for a period of 30 consecutive days.
Argosy Energy Inc. Announces Resignation
Marketwire - Thu Dec 27, 4:50PM CST
Argosy Energy Inc. ("Argosy" or the "Company") (TSX: GSY) announces that Mr. John Poetker has tendered his resignation as a director of the Company effective December 24, 2012. The Company wishes to thank Mr. Poetker for his contributions to the Company and wish him success in his future endeavors.