MGM Energy Corp. (MGMCF) 0.1889 $MGMCF
Paramount Resources Ltd. Completes Acquisition of MGM Energy Corp.
Marketwire - Wed Jun 11, 5:41PM CDT
Paramount Resources Ltd. (TSX: POU) and MGM Energy Corp. (TSX: MGX) announced today that Paramount has completed the acquisition of all of the outstanding common shares of MGM Energy not owned by it pursuant to an arrangement under the Business Corporations Act (Alberta). Paramount issued 1,127,790 Class A Common Shares in connection with the transaction. The common shares of MGM Energy are expected to be delisted from the Toronto Stock Exchange within two or three trading days.
MGM Energy Corp. Announces Receipt of Shareholder Approval for Arrangement Pursuant to which Paramount Resources Ltd. will Acquire MGM Energy Corp.
Marketwire - Tue Jun 10, 10:50AM CDT
MGM Energy Corp. ("MGM Energy" or the "Company"
(TSX: MGX) announced today that, further to its April 14, 2014 press release, it has received the requisite shareholder approvals for the previously announced arrangement (the "Arrangement" pursuant to which Paramount Resources Ltd. ("Paramount" will acquire all of the MGM Energy shares not already owned by it. The Arrangement was approved at a special meeting of shareholders of MGM Energy held today by approximately 99% of the votes cast by shareholders of MGM Energy present in person or by proxy at the meeting and approximately 97% of the votes cast by shareholders of MGM Energy present in person or by proxy at the meeting after excluding those votes cast by shareholders that may not be included in determining if minority approval for a business combination is obtained pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.
MGM Energy Corp. Announces 2013 Financial Results and Provides Update on Independent Committee
Marketwire - Wed Mar 12, 7:01PM CDT
MGM Energy Corp. ("MGM Energy" or the "Company" (TSX: MGX) announced today its financial results for the year ended December 31, 2013.
MGM Energy Corp. Announces Receipt of Proposal From Paramount Resources Ltd.
Marketwire - Tue Mar 11, 7:05AM CDT
MGM Energy Corp. (TSX: MGX) ("MGM Energy" or the "Company" today announced that the Company has received a proposal (the "Proposal" from Paramount Resources Ltd. ("Paramount" to purchase all of the common shares of the Company not currently owned by Paramount. Under the Proposal, all shareholders of MGM Energy would receive one Class A Common Share of Paramount for every 300 common shares of MGM Energy. Based on the current trading price of Paramount common shares on the Toronto Stock Exchange ("TSX" of approximately $45.00 per share, this represents $0.15 per MGM Energy common share.
MGM Energy Corp. Announces Completion of Partner Search Process, Potential Proposal to Acquire its Shares and Updated Assessment of Canol Shale Oil Play
Marketwire - Thu Feb 27, 4:01PM CST
MGM Energy Corp. (TSX: MGX) ("MGM Energy" or the "Company" announces that it has completed its formal search for a partner for its Canol shale oil lands. To date, the Company has not been successful in obtaining a partner to assist in the funding of further assessment of the Canol shale oil play and, as a result, the Company will not be drilling any additional wells in the Canol shale oil play in the upcoming winter of 2014/15.
MGM Energy Corp. Announces Resignation of Director
Marketwire - Tue Jul 30, 4:09PM CDT
MGM Energy Corp. (TSX: MGX) ("MGM Energy" or the "Company" announces that Robert (Bob) Rooney resigned from the Company's Board of Directors as of July 29, 2013.
MGM Energy Corp.: Financial Results for the Three and Six Months Ended June 30, 2013
Marketwire - Thu Jul 25, 4:01PM CDT
MGM Energy Corp. ("MGM Energy" or the "Company" (TSX: MGX) announced today its financial results for the three month and six month periods ended June 30, 2013.
MGM Energy Corp. Announces Surrender of Mackenzie Delta Exploration Licences
Marketwire - Wed May 29, 4:30PM CDT
MGM Energy Corp. ("MGM Energy" or the "Company" (TSX: MGX) announced today that it has surrendered to the Crown its exploration licences ("EL" in the Mackenzie Delta region. Effective May 29, 2013, MGM Energy has surrendered to the Crown EL456, EL457, EL458 and EL459, currently scheduled to expire in January 2016, and consolidated EL461, which is scheduled to expire in June 2013. With the surrender, MGM Energy is relieved of its obligation to fulfill its commitments relating to these ELs, including $6.3 million which was due to be paid in June 2013.
MGM Energy Corp. Announces Financial Results for the Three Months Ended March 31, 2013, Provides an Operations Update and Reports on the Results for the Election of its Directors
Marketwire - Thu Apr 25, 6:26PM CDT
MGM Energy Corp. (TSX: MGX) ("MGM Energy" or the "Company" announced today its financial results for the three months ended March 31, 2013.
MGM Energy Corp. Announces Completion of Operations on the East MacKay I-78 Well and Early Results
Marketwire - Tue Mar 19, 4:01PM CDT
MGM Energy Corp. ("MGM Energy" or the "Company" (TSX: MGX) is pleased to announce early results from its East MacKay I-78 well drilled this winter to test the Canol shale formation on MGM Energy's EL 466B in the Central Mackenzie Valley.
Paramount Resources Ltd. Completes Acquisition of MGM Energy Corp.
Marketwire - Wed Jun 11, 5:41PM CDT
Paramount Resources Ltd. (TSX: POU) and MGM Energy Corp. (TSX: MGX) announced today that Paramount has completed the acquisition of all of the outstanding common shares of MGM Energy not owned by it pursuant to an arrangement under the Business Corporations Act (Alberta). Paramount issued 1,127,790 Class A Common Shares in connection with the transaction. The common shares of MGM Energy are expected to be delisted from the Toronto Stock Exchange within two or three trading days.
MGM Energy Corp. Announces Receipt of Shareholder Approval for Arrangement Pursuant to which Paramount Resources Ltd. will Acquire MGM Energy Corp.
Marketwire - Tue Jun 10, 10:50AM CDT
MGM Energy Corp. ("MGM Energy" or the "Company"
(TSX: MGX) announced today that, further to its April 14, 2014 press release, it has received the requisite shareholder approvals for the previously announced arrangement (the "Arrangement" pursuant to which Paramount Resources Ltd. ("Paramount" will acquire all of the MGM Energy shares not already owned by it. The Arrangement was approved at a special meeting of shareholders of MGM Energy held today by approximately 99% of the votes cast by shareholders of MGM Energy present in person or by proxy at the meeting and approximately 97% of the votes cast by shareholders of MGM Energy present in person or by proxy at the meeting after excluding those votes cast by shareholders that may not be included in determining if minority approval for a business combination is obtained pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. MGM Energy Corp. Announces 2013 Financial Results and Provides Update on Independent Committee
Marketwire - Wed Mar 12, 7:01PM CDT
MGM Energy Corp. ("MGM Energy" or the "Company"
(TSX: MGX) announced today its financial results for the year ended December 31, 2013. MGM Energy Corp. Announces Receipt of Proposal From Paramount Resources Ltd.
Marketwire - Tue Mar 11, 7:05AM CDT
MGM Energy Corp. (TSX: MGX) ("MGM Energy" or the "Company"
today announced that the Company has received a proposal (the "Proposal" from Paramount Resources Ltd. ("Paramount" to purchase all of the common shares of the Company not currently owned by Paramount. Under the Proposal, all shareholders of MGM Energy would receive one Class A Common Share of Paramount for every 300 common shares of MGM Energy. Based on the current trading price of Paramount common shares on the Toronto Stock Exchange ("TSX" of approximately $45.00 per share, this represents $0.15 per MGM Energy common share. MGM Energy Corp. Announces Completion of Partner Search Process, Potential Proposal to Acquire its Shares and Updated Assessment of Canol Shale Oil Play
Marketwire - Thu Feb 27, 4:01PM CST
MGM Energy Corp. (TSX: MGX) ("MGM Energy" or the "Company"
announces that it has completed its formal search for a partner for its Canol shale oil lands. To date, the Company has not been successful in obtaining a partner to assist in the funding of further assessment of the Canol shale oil play and, as a result, the Company will not be drilling any additional wells in the Canol shale oil play in the upcoming winter of 2014/15. MGM Energy Corp. Announces Resignation of Director
Marketwire - Tue Jul 30, 4:09PM CDT
MGM Energy Corp. (TSX: MGX) ("MGM Energy" or the "Company"
announces that Robert (Bob) Rooney resigned from the Company's Board of Directors as of July 29, 2013. MGM Energy Corp.: Financial Results for the Three and Six Months Ended June 30, 2013
Marketwire - Thu Jul 25, 4:01PM CDT
MGM Energy Corp. ("MGM Energy" or the "Company"
(TSX: MGX) announced today its financial results for the three month and six month periods ended June 30, 2013. MGM Energy Corp. Announces Surrender of Mackenzie Delta Exploration Licences
Marketwire - Wed May 29, 4:30PM CDT
MGM Energy Corp. ("MGM Energy" or the "Company"
(TSX: MGX) announced today that it has surrendered to the Crown its exploration licences ("EL" in the Mackenzie Delta region. Effective May 29, 2013, MGM Energy has surrendered to the Crown EL456, EL457, EL458 and EL459, currently scheduled to expire in January 2016, and consolidated EL461, which is scheduled to expire in June 2013. With the surrender, MGM Energy is relieved of its obligation to fulfill its commitments relating to these ELs, including $6.3 million which was due to be paid in June 2013. MGM Energy Corp. Announces Financial Results for the Three Months Ended March 31, 2013, Provides an Operations Update and Reports on the Results for the Election of its Directors
Marketwire - Thu Apr 25, 6:26PM CDT
MGM Energy Corp. (TSX: MGX) ("MGM Energy" or the "Company"
announced today its financial results for the three months ended March 31, 2013. MGM Energy Corp. Announces Completion of Operations on the East MacKay I-78 Well and Early Results
Marketwire - Tue Mar 19, 4:01PM CDT
MGM Energy Corp. ("MGM Energy" or the "Company"
(TSX: MGX) is pleased to announce early results from its East MacKay I-78 well drilled this winter to test the Canol shale formation on MGM Energy's EL 466B in the Central Mackenzie Valley. 
