Latest Caspian Energy Inc (CEKFF) Headlines C
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Caspian Energy Inc. Announces Completion of Share Consolidation and Conversion of Debentures
Marketwire - Fri Feb 21, 6:54AM CST
Caspian Energy Inc. ("Caspian") (TSX VENTURE: CEK.H) is pleased to announce the completion of its common share ("Common Share") consolidation ("Consolidation") on the basis of one new common share of Caspian (a "Post-Consolidation Share") for every ten pre-Consolidation Common Shares. The conversion ("Conversion") of Caspian's amended and restated secured convertible debentures each dated July 8, 2011 (the "Debentures") has also been completed. An aggregate of 108,319,091 post-Consolidation Common Shares were issued to the holders of the Debentures (the "Holders"), namely Meridian Capital International Fund, Firebird Avrora Fund, Ltd. and Firebird Global Master Fund, Ltd.
Caspian Energy Inc. Announces Shareholder Meeting Results
Marketwire - Wed Feb 19, 2:20PM CST
Caspian Energy Inc. ("Caspian") (TSX VENTURE: CEK.H) is pleased to announce the results of its special meeting of shareholders (the "Special Meeting") held today.
Nickie Chapman Appointed CCO of Sikich Investment Banking and Wealth Management
Marketwire - Tue Feb 04, 9:28AM CST
When Nickie Chapman started at Sikich in 2007, there were 250 employees and eight service lines, including a struggling investment bank and a small wealth management unit.
February Issue of the International Resource Journal Now Online
Marketwire Canada - Tue Feb 04, 9:27AM CST
George Media Inc. is pleased to announce that the February issue of The International Resource Journal is now available at http://www.internationalresourcejournal.com/E...eb/IRJ.php.
Caspian Energy Inc. Executes Agreements With Debentureholders
Marketwire - Wed Jan 15, 6:02PM CST
Caspian Energy Inc. (the "Corporation" or "Caspian") (TSX VENTURE: CEK.H) is pleased to announce that further to its press release of January 10, 2014, it has today executed formal agreements with the holders ("Holders") of its amended and restated secured convertible debentures each dated July 8, 2011 (the "Debentures").
Caspian Energy Inc. Reaches Agreement with Debentureholders and Announces Shareholder Meeting
CNW Group - Fri Jan 10, 2:46PM CST
Caspian Energy Inc. (the "Corporation" or "Caspian") (NEX: CEK.H) is pleased to announce that it has reached agreement with the holders ("Holders") of its amended and restated secured convertible debentures each dated July 8, 2011 (the "Debentures") to amend the Debentures. The Conversion Price (as defined in the Debentures) will be amended to the price such that, if all outstanding Debentures are converted (the "Conversion"), the common shares (the "Common Shares") of the Corporation issued upon the Conversion would represent approximately eighty-two and one half percent (82.5%) of the issued and outstanding Common Shares. Caspian shareholders holding Common Shares immediately prior to the Conversion will hold the remaining approximately 17.5% of the Common Shares. Following the Conversion all debt owed to the Holders will have been paid. The deemed price of the Common Shares to be issued on the Conversion will be calculated at a discount from the closing price of the Common Shares on the NEX of $0.02 on January 9, 2014.
Caspian Energy Inc. Provides Update
Marketwire - Tue Dec 10, 7:47AM CST
Caspian Energy Inc. (the "Corporation" or "Caspian") (TSX VENTURE: CEK.H) is pleased to announce that it has entered into an extension agreement (the "Extension Agreement") with the holders (the "Investors") of its amended and restated secured convertible debenture dated July 8, 2011 with a principal amount of US$12,460,957 (the "Debentures"), pursuant to which the Corporation has been granted a remedial period providing Caspian with further time to pay all amounts owing under the Debentures as follows:
Caspian Announces Resumption of Trading
Marketwire - Wed Nov 27, 6:57PM CST
Caspian Energy Inc. ("Caspian") (TSX VENTURE: CEK.H) is pleased to announce that trading in its common shares will resume on NEX under the symbol CEK.H commencing at the open on November 28, 2013.
IIROC Trading Resumption - CEK.H
CNW Group - Wed Nov 27, 3:22PM CST
Trading resumes in:
Caspian Announces Revocation of Cease Trade Order
Marketwire - Wed Nov 20, 2:08PM CST
Caspian Energy Inc. ("Caspian") (NEX: CEK.H) is pleased to announce that the Alberta Securities Commission (the "ASC") has granted a full revocation of the cease trade order relating to the trading of Caspian's securities issued by the ASC on April 8, 2013. Caspian's securities were cease traded by each of the ASC, the British Columbia Securities Commission ("BCSC") and the Ontario Securities Commission ("OSC") between April 8 and April 12, 2013 as a result of the Caspian's failure to file its December 31, 2012 audited consolidated financial statements and related management discussion and analysis. The BCSC revoked its cease trade order on April 29, 2013 and the OSC cease trade order expired on April 27, 2013 after these documents were filed. On September 26, 2013, Caspian filed amended management discussion and analysis for the year ended December 31, 2012, an amended Annual Information Form and amended management discussion and analysis for the quarters ended March 31, 2013 and June 30, 2013. On November 20, 2013, the ASC revoked its cease trade order.
Caspian Receives Extension Relating to Convertible Debentures
Marketwire - Mon Oct 28, 11:19AM CDT
Caspian Energy Inc. ("Caspian" or the "Company") (TSX VENTURE: CEK.H) previously announced that it had received notices of failures to make a payment from Meridian Capital International Fund, Firebird Global Master Fund, Ltd. and Firebird Avrora Fund, Ltd. (collectively, the "Convertible Debenture Holders") under Caspian's Amended and Restated Convertible Debentures dated July 8, 2011 (the "Convertible Debentures") for failure to pay the principal amount on the maturity date of June 2, 2013. The terms of the Convertible Debentures provide that a default occurs if there is a failure to pay principal on maturity and such failure to pay is not remedied within 30 days after receipt of written notice from the holder. In the event of a default by the Company under the Convertible Debentures, which default is not cured or waived, the Convertible Debenture Holders may accelerate the terms of payment and enforce the security they hold over the assets of the Company. Caspian announces that each of the Convertible Debenture Holders has agreed to extend the period to remedy such failure to pay until November 26, 2013. The aggregate principal amount of the Convertible Debentures is US$12,460,957.