Latest Gale Force Petroleum (GFPMF) Headlines
Gale Force Issues Short-Term Loan
CNW Group - Fri Mar 07, 9:16PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that, to finance additional investments in core properties, the Company has issued a $275,000 short-term loan to Primatlantis Capital, L.P. (the "Short-term Loan"). The Short-term Loan has a term of three to six months, has an interest rate of 1.50% per month, and is secured by a first-rank security interest on the 50% of the Company's Thunder Property and the Company's interests in the Marcellus Properties.
Gale Force buys additional Texas Reef interests, renews and extends bank facility
CNW Group - Wed Feb 26, 3:00PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company") today announced that it has purchased additional interests in its Texas Reef properties, increasing its working interest in its best producing well in the field from 72% to 97%, and eliminating back-in interests to give the Company a 90% working interest or greater throughout 3,700 net acres.
Gale Force Director Steps Down, New Chairman Named
CNW Group - Wed Feb 12, 7:30AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that, for personal reasons, Harry Knutson has stepped down from the Board of Directors of the Company. Allan Bezanson has been named the Chairman of the Board of the Company, replacing Mr. Knutson.
Gale Force Announces Shareholder Meeting Results
CNW Group - Fri Feb 07, 3:00PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced the results of its Annual and Special Meeting of its shareholders, held earlier today.
Gale Force Provides Operations And Strategy Update
CNW Group - Wed Jan 29, 9:44AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has provided a general and strategic update to its shareholders.
Gale Force issues shares for debts
CNW Group - Fri Jan 24, 3:03PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it will issue a total 708,333 common shares to settle various debts:
Gale Force extends bank facility, enters into additional swap contracts
CNW Group - Tue Dec 03, 7:30AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has signed a Loan Amendment Agreement with its senior lender, Green Bank, and entered into new swap contracts in 2015.
Gale Force Publishes Quarterly Financials
CNW Group - Thu Nov 28, 4:46PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today published its quarterly financial statements for the interim period ended September 30, 2013, which can be downloaded at www.GaleForcePetroleum.com or at www.SEDAR.com. Notably, the Company's production during the quarter increased, as can be seen in the chart below.
Gale Force sells remaining Gregg & Rusk leases and provides production update
CNW Group - Tue Nov 12, 9:10AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has concluded the sale of the four remaining leases it owned in Gregg & Rusk counties for US$237,500, paid in cash. The Company had previously sold its other properties in Gregg & Rusk counties in March, 2013.
Gale Force announces Board of Directors changes and settlement with Iroquois
CNW Group - Fri Nov 01, 8:15AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") announces changes to the composition of its Board of Directors (the "Board"):
Gale Force preferred shareholders convert into common shares
CNW Group - Fri Oct 11, 8:15AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") announces that a total of 8,445,745 preferred shares in the capital of the Company have been converted into common shares leading up to the October 9, 2013 record date for voting at the Company`s Annual Meeting of the Shareholders scheduled to be held on November 21, 2013 (the "Meeting").
Gale Force publishes corporate presentation
CNW Group - Fri Sep 06, 4:34PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has published an updated corporate presentation. It can be downloaded on the Company's website at www.GaleForcePetroleum.com/corporate-presentation or on www.SEDAR.com.
Gale Force schedules annual general meeting of shareholders
CNW Group - Thu Jul 18, 9:17AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") today announced that it has called its annual general meeting of shareholders for November 21, 2013. The board of directors has fixed October 9, 2013 as the record date for shareholders to receive notice of and to vote at the meeting.
Gale Force responds to dissident shareholder
CNW Group - Wed Jul 03, 1:49PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") acknowledges receipt of a request from Iroquois Capital Opportunity Fund LP ("Iroquois") and certain other shareholders for a meeting of the shareholders of Gale Force to be called in order to reconstitute the Board of Directors of Gale Force, as previously publicly announced by Iroquois.
Iroquois Capital Requisitions Special Meeting to Reconstitute Current Board of Gale Force Petroleum Inc.
CNW Group - Fri Jun 28, 8:48AM CDT
Today, Iroquois Capital Opportunity Fund LP and Iroquois Master Fund Ltd., together with certain of their affiliates (collectively "Iroquois"), announced that they have formally requisitioned a special meeting of the shareholders of Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) in order to reconstitute the board of directors. Iroquois currently owns approximately 8.7% of Gale Force's outstanding common shares (together with preferred shares that can currently convert into a 9.9% aggregate ownership position) and has requisitioned the meeting with the goal of significantly enhancing Gale Force's shareholder value. Iroquois has requested that the special meeting be held on or before August 16, 2013, which provides the Gale Force with ample time to call and hold a meeting.
Gale Force Retains Advisor to assist with Review of Strategic Alternatives
PR Newswire - Fri Jun 14, 12:09PM CDT
Company Seeking Buyer or Merger Patner-
Gale Force to buy additional Texas Reef Property interests, issues incentive stock options
CNW Group - Wed May 22, 8:31AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") today announced that it has reached agreements to purchase two sets of minority working interests in its Texas Reef Properties, which will increase its ownership in such properties by approximately 10%, to a total of 90%. The interests are to be purchased from two sellers for total consideration of 885,000 common shares of the Company and $240,000 in cash, paid in six monthly installments of $40,000.
Gale Force responds to Iroquois Letter
CNW Group - Wed May 01, 8:30AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") today responded to the letter dated April 25, 2013 (the "Letter") sent to the Company by Iroquois Capital Opportunity Fund LP, Iroquois Master Fund Ltd., Scot Cohen and Joshua Silverman (collectively, "Iroquois"). The full text of this response letter, which has been authorized and approved by the independent members of the Board of Directors of Gale Force, is reproduced below:
Gale Force to Respond to Iroquois Letter
CNW Group - Fri Apr 26, 8:09AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") has received a letter dated April 25, 2013 from Iroquois Capital Opportunity Fund LP, Iroquois Master Fund Ltd., Scot Cohen and Joshua Silverman (collectively, "Iroquois"), who together hold, according to such letter, approximately 7.6% of the outstanding common shares of the Company. Iroquois has also chosen to make such letter public by virtue of a press release issued by Iroquois that same day.
Gale Force Issues Short-Term Loan
CNW Group - Fri Mar 07, 9:16PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that, to finance additional investments in core properties, the Company has issued a $275,000 short-term loan to Primatlantis Capital, L.P. (the "Short-term Loan"). The Short-term Loan has a term of three to six months, has an interest rate of 1.50% per month, and is secured by a first-rank security interest on the 50% of the Company's Thunder Property and the Company's interests in the Marcellus Properties.
Gale Force buys additional Texas Reef interests, renews and extends bank facility
CNW Group - Wed Feb 26, 3:00PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company") today announced that it has purchased additional interests in its Texas Reef properties, increasing its working interest in its best producing well in the field from 72% to 97%, and eliminating back-in interests to give the Company a 90% working interest or greater throughout 3,700 net acres.
Gale Force Director Steps Down, New Chairman Named
CNW Group - Wed Feb 12, 7:30AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that, for personal reasons, Harry Knutson has stepped down from the Board of Directors of the Company. Allan Bezanson has been named the Chairman of the Board of the Company, replacing Mr. Knutson.
Gale Force Announces Shareholder Meeting Results
CNW Group - Fri Feb 07, 3:00PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced the results of its Annual and Special Meeting of its shareholders, held earlier today.
Gale Force Provides Operations And Strategy Update
CNW Group - Wed Jan 29, 9:44AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has provided a general and strategic update to its shareholders.
Gale Force issues shares for debts
CNW Group - Fri Jan 24, 3:03PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it will issue a total 708,333 common shares to settle various debts:
Gale Force extends bank facility, enters into additional swap contracts
CNW Group - Tue Dec 03, 7:30AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has signed a Loan Amendment Agreement with its senior lender, Green Bank, and entered into new swap contracts in 2015.
Gale Force Publishes Quarterly Financials
CNW Group - Thu Nov 28, 4:46PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today published its quarterly financial statements for the interim period ended September 30, 2013, which can be downloaded at www.GaleForcePetroleum.com or at www.SEDAR.com. Notably, the Company's production during the quarter increased, as can be seen in the chart below.
Gale Force sells remaining Gregg & Rusk leases and provides production update
CNW Group - Tue Nov 12, 9:10AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has concluded the sale of the four remaining leases it owned in Gregg & Rusk counties for US$237,500, paid in cash. The Company had previously sold its other properties in Gregg & Rusk counties in March, 2013.
Gale Force announces Board of Directors changes and settlement with Iroquois
CNW Group - Fri Nov 01, 8:15AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") announces changes to the composition of its Board of Directors (the "Board"):
Gale Force preferred shareholders convert into common shares
CNW Group - Fri Oct 11, 8:15AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") announces that a total of 8,445,745 preferred shares in the capital of the Company have been converted into common shares leading up to the October 9, 2013 record date for voting at the Company`s Annual Meeting of the Shareholders scheduled to be held on November 21, 2013 (the "Meeting").
Gale Force publishes corporate presentation
CNW Group - Fri Sep 06, 4:34PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has published an updated corporate presentation. It can be downloaded on the Company's website at www.GaleForcePetroleum.com/corporate-presentation or on www.SEDAR.com.
Gale Force schedules annual general meeting of shareholders
CNW Group - Thu Jul 18, 9:17AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") today announced that it has called its annual general meeting of shareholders for November 21, 2013. The board of directors has fixed October 9, 2013 as the record date for shareholders to receive notice of and to vote at the meeting.
Gale Force responds to dissident shareholder
CNW Group - Wed Jul 03, 1:49PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") acknowledges receipt of a request from Iroquois Capital Opportunity Fund LP ("Iroquois") and certain other shareholders for a meeting of the shareholders of Gale Force to be called in order to reconstitute the Board of Directors of Gale Force, as previously publicly announced by Iroquois.
Iroquois Capital Requisitions Special Meeting to Reconstitute Current Board of Gale Force Petroleum Inc.
CNW Group - Fri Jun 28, 8:48AM CDT
Today, Iroquois Capital Opportunity Fund LP and Iroquois Master Fund Ltd., together with certain of their affiliates (collectively "Iroquois"), announced that they have formally requisitioned a special meeting of the shareholders of Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) in order to reconstitute the board of directors. Iroquois currently owns approximately 8.7% of Gale Force's outstanding common shares (together with preferred shares that can currently convert into a 9.9% aggregate ownership position) and has requisitioned the meeting with the goal of significantly enhancing Gale Force's shareholder value. Iroquois has requested that the special meeting be held on or before August 16, 2013, which provides the Gale Force with ample time to call and hold a meeting.
Gale Force Retains Advisor to assist with Review of Strategic Alternatives
PR Newswire - Fri Jun 14, 12:09PM CDT
Company Seeking Buyer or Merger Patner-
Gale Force to buy additional Texas Reef Property interests, issues incentive stock options
CNW Group - Wed May 22, 8:31AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") today announced that it has reached agreements to purchase two sets of minority working interests in its Texas Reef Properties, which will increase its ownership in such properties by approximately 10%, to a total of 90%. The interests are to be purchased from two sellers for total consideration of 885,000 common shares of the Company and $240,000 in cash, paid in six monthly installments of $40,000.
Gale Force responds to Iroquois Letter
CNW Group - Wed May 01, 8:30AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") today responded to the letter dated April 25, 2013 (the "Letter") sent to the Company by Iroquois Capital Opportunity Fund LP, Iroquois Master Fund Ltd., Scot Cohen and Joshua Silverman (collectively, "Iroquois"). The full text of this response letter, which has been authorized and approved by the independent members of the Board of Directors of Gale Force, is reproduced below:
Gale Force to Respond to Iroquois Letter
CNW Group - Fri Apr 26, 8:09AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") has received a letter dated April 25, 2013 from Iroquois Capital Opportunity Fund LP, Iroquois Master Fund Ltd., Scot Cohen and Joshua Silverman (collectively, "Iroquois"), who together hold, according to such letter, approximately 7.6% of the outstanding common shares of the Company. Iroquois has also chosen to make such letter public by virtue of a press release issued by Iroquois that same day.
