Latest Underground Energy (UGGYF) Headlines Under
Post# of 3
Underground Energy Corporation Announces Cease Trade Order
Filing Services Canada - Mon Jul 08, 8:30AM CDT
Underground Energy Corporation (UGE - TSX Venture), ("Underground", "UGE" or the "Company") announces that the British Columbia Securities Commission issued a cease trade order on all of the securities of Underground on July 4, 2013.
IIROC: Halt, Underground Energy Corp.
Marketwire Canada - Fri Jul 05, 7:50AM CDT
The following issues have been halted by IIROC / L'OCRCVM a suspendu la negociation des titres suivants :
IIROC Trade Halt - Underground Energy Corp.
Newsfile Corp - Fri Jul 05, 7:16AM CDT
The following issues have been halted by IIROC:
Underground Energy Corporation Provides Bi-Weekly Report Under NP 12-203
Filing Services Canada - Thu Jun 27, 5:10PM CDT
Underground Energy Corporation (UGE - TSX Venture), ("Underground", "UGE" or the "Company") announces an update today as required by Section 4.4 of National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults in furtherance of the requirements of the temporary Management Cease Trade Order ("MCTO") that was issued by the British Columbia Securities Commission ("BCSC") against the Company's Chief Executive Officer and Chief Financial Officer on May 2, 2013. As summarized in the news release of the Company dated April 24, 2013 (the "Default Notice"), the MCTO was sought by the Company and imposed by the BCSC due to the anticipated delay in the filing by the Company of its 2012 annual audited financial statements, management's discussion and analysis and CEO and CFO certificates (collectively, the "2012 Annual Financial Materials").
Underground Energy Corporation Receives Notice Of Intended Halt From TSX Venture Exchange
Filing Services Canada - Mon Jun 17, 8:00PM CDT
Underground Energy Corporation (UGE - TSX Venture), announces that it has received notice from the TSX Venture Exchange Inc. (the "Exchange") that the Exchange intends to halt the Company's shares from trading on the Exchange in the event the Company has not paid its annual sustaining fees by Friday, June 21, 2013. At this time, the Company does not anticipate having the necessary funds with which to pay the annual sustaining fees to the Exchange prior to the deadline imposed by the Exchange. The policies of the Exchange indicate that should the annual sustaining fees not be paid following the halt that the Exchange may also delist the shares of the Company from the Exchange.
Underground Energy Corporation Provides Initial Bi-Weekly Report Under Np 12-203
Filing Services Canada - Thu May 16, 6:25PM CDT
Underground Energy Corporation (UGE - TSX Venture), ("Underground", "UGE" or the "Company") announces an update today as required by Section 4.4 of National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults in furtherance of the requirements of the temporary Management Cease Trade Order ("MCTO") that was issued by the British Columbia Securities Commission ("BCSC") against the Company's Chief Executive Officer and Chief Financial Officer on May 2, 2013. As summarized in the news release of the Company dated April 24, 2013 (the "Default Notice"), the MCTO was sought by the Company and imposed by the BCSC due to the anticipated delay in the filing by the Company of its 2012 annual audited financial statements, management's discussion and analysis and CEO and CFO certificates (collectively, the "2012 Annual Financial Materials").
Underground Energy Announces Year-End 2012
Filing Services Canada - Thu May 02, 8:10PM CDT
Underground Energy Corporation (UGE - TSX Venture), today announces: (i) the results of the year-end reserve evaluation conducted by GLJ Petroleum Consultants Ltd. ("GLJ") of Calgary, the Company's independent reserve engineers; and (ii) that a temporary management cease trade order ("MCTO") has been issued by the British Columbia Securities Commission ("BCSC") against the Corporation's Chief Executive Officer and Chief Financial Officer as opposed to a general cease trade order against the Corporation.
Underground Energy Corporation Unable to File its 2012 Audited Financial Statements by April 30, 2013
Filing Services Canada - Wed Apr 24, 6:50PM CDT
Underground Energy Corporation (UGE - TSX Venture), ("Underground", "UGE", the "Corporation" or the "Company") announced today that the Company will not be able to file its annual audited financial statements, management's discussion and analysis and CEO and CFO certificates (collectively, the "2012 Annual Audited Financial Statements") by the filing deadline of April 30, 2013 as prescribed by National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102"). This is due to a current lack of funds to remunerate the Corporation's auditors. Underground's wholly-owned operating subsidiary, Underground Energy, Inc., voluntarily filed for Chapter 11 creditor protection in the U.S. Federal Court on March 4, 2013.
Underground Energy Corporation Announces the Filing for Chapter 11 Protection by its Operating Subsidiary
Filing Services Canada - Tue Mar 05, 6:00AM CST
Underground Energy Corporation (UGE - TSX Venture), ("Underground", "UGE" or the "Company") announces today that Underground Energy, Inc., the wholly-owned subsidiary of the Company (the "Operating Company"), voluntarily filed for Chapter 11 creditor protection in US Federal Court on March 4, 2013. The case was filed by the Operating Company in the United States Bankruptcy Court for the Central District of California - Northern Division, Santa Barbara. Three creditors of the Operating Company have recorded liens against wells drilled on the Operating Company's Zaca project and in response to such lien filings, the principal lessor (the "Lessor") of the Company's major property at Zaca comprising 7,750 gross acres notified the Company that it considers uncured liens to be a breach of the lease which the Lessor believes may be grounds for termination of the lease. Negotiations and discussions with the Lessor have yet to resolve the issue. As a defensive measure and in order to help protect the Operating C
Underground Energy announces completion of Farm-out Agreement with AmRich Energy
CNW Group - Fri Jan 11, 6:00AM CST
Underground Energy Corporation ("Underground", "UGE" or the "Company") (TSX VENTURE: UGE; OTCQX: UGGYF) is pleased to announce a definitive farm-out agreement ("Farm-out Agreement") with AmRich Energy, Inc. ("AmRich") details of which were previously announced when the letter of intent was executed on November 8, 2012. Under the terms of the Farm-out Agreement, AmRich will farm-in on and have the right to earn up to a 75% working interest in Underground's and its joint operating partners' interest in 1,063 gross acres of the Central Southern section of the Zaca Field Extension Project ("Zaca") in Santa Barbara County, California ("the Farm-out Lands").