Mcw Energy Grp (MCWEF) 0.9900 $MCWEF
MCW Energy Group Grants Incentive Stock Options
Marketwire - Mon Aug 18, 3:31PM CDT
MCW Energy Group Limited ("MCW"
(TSX VENTURE: MCW)(OTCQX: MCWEF), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces today that its board of directors has approved the grant of 400,000 stock options to Bill G. Calsbeck, a recently appointed director of MCW, at an exercise price of $1.10 per common share expiring on August 15, 2019. MCW currently has 46,448,614 issued and outstanding common shares and pursuant to its fixed number option plan can grant up to 8,399,315 stock options. Including the grant announced today, MCW currently has 2,883,426 stock options outstanding. The options and underlying common shares will be subject to a four month hold period from the date of issuance of the option.
MCW Energy Group Issues Bonus Shares and Additional Drawdown of Debenture
Marketwire - Wed Jul 30, 6:01PM CDT
MCW Energy Group Limited ("MCW" (TSX VENTURE: MCW)(OTCQX: MCWEF), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces that it has agreed to issue each of Dalex Investments, Inc. and Dalex Holding, Inc., private California company's wholly owned and controlled by Alex Blyumkin, an officer and director of the Corporation, 234,981 common shares in consideration for providing collateral to secure fuel advances of up to US$2,100,000 made by Phillips 66 Company to MCW Fuels, Inc., a wholly owned subsidiary of MCW. The common shares issued will be subject to a US restrictive legend as well as a four month statutory and TSX Venture Exchange (the "Exchange" hold period from the date of issuance. The issuance is subject to final approval of the Exchange.
Alex Blyumkin Announces Acquisition of Convertible Debentures, Common Shares and Warrants of MCW Energy Group Limited
Marketwire - Thu Jul 03, 12:33PM CDT
Alex Blyumkin, a director and officer of MCW Energy Group Limited (TSX-V: MCW) (the "Corporation" , has filed an early warning report (the "Report" announcing he has acquired a US$824,000 principal amount secured convertible debenture and a US$2,000,000 principal amount secured convertible debenture of the Corporation.
MCW Energy Group Announces Management Change and Not Proceeding With Acquisition of GeoPetro Resources Company
Marketwire - Wed Jul 02, 3:32PM CDT
MCW Energy Group Limited (TSX VENTURE: MCW)(OTCQX: MCWEF) ("MCW" , a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces the appointment of Mark Korb as Chief Financial Officer to replace Karlo Vartan who has resigned to focus on other business opportunities.
MCW Energy Announces Issuance of Convertible Debenture for Up to US$2 Million
Marketwire - Wed Jun 25, 3:14PM CDT
MCW Energy Group Limited (TSX VENTURE: MCW) (MCW.V) ("MCW" , a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces the issuance of a secured convertible debenture (the "Debenture" for up to a maximum aggregate principal amount of US$2,000,000 to Alex Blyumkin, an officer and director of MCW. The Debenture provides that an initial drawdown in the amount of US$1,139,000 will be advanced by Mr. Blyumkin to MCW upon the execution and delivery of the Debenture, with any subsequent drawdowns to be advanced to MCW at the option of Mr. Blyumkin, upon request by MCW. The principal amount of the Debenture outstanding from time to time will bear interest at a rate of 10% per annum, payable on maturity (June 25, 2017). At the option of Mr. Blyumkin, the principal amount of the Debenture then outstanding from time to time may be converted into common shares of MCW at any time until maturity. The conversion price will be equal to either: (i) beginning on the date that the Debenture is issued until August 11, 2014, $1.00 per common share of MCW; or (ii) beginning on August 12, 2014, the rate equal to the minimum price of the common shares of MCW permitted by the TSX Venture Exchange (the "Exchange" ; each adjusted, as necessary, upon a Share Reorganization (as such term is defined in the Debenture) in accordance with the provisions of the Debenture. The Debenture is secured by all of the assets of MCW and its wholly owned subsidiary, MCW Fuels, Inc. The proceeds will be used by MCW to complete the construction of its oil sands plant facility in Asphalt Ridge, Utah as well as for working capital. All securities issued pursuant to the financing will be subject to applicable U.S. securities laws as well as Canadian securities laws and a four-month hold period as required by the Exchange. The financing is subject to final approval of the Exchange.
MCW Energy Group Grants Incentive Stock Options
Marketwire - Mon Aug 18, 3:31PM CDT
MCW Energy Group Limited ("MCW"
(TSX VENTURE: MCW)(OTCQX: MCWEF), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces today that its board of directors has approved the grant of 400,000 stock options to Bill G. Calsbeck, a recently appointed director of MCW, at an exercise price of $1.10 per common share expiring on August 15, 2019. MCW currently has 46,448,614 issued and outstanding common shares and pursuant to its fixed number option plan can grant up to 8,399,315 stock options. Including the grant announced today, MCW currently has 2,883,426 stock options outstanding. The options and underlying common shares will be subject to a four month hold period from the date of issuance of the option. MCW Energy Group Issues Bonus Shares and Additional Drawdown of Debenture
Marketwire - Wed Jul 30, 6:01PM CDT
MCW Energy Group Limited ("MCW"
(TSX VENTURE: MCW)(OTCQX: MCWEF), a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces that it has agreed to issue each of Dalex Investments, Inc. and Dalex Holding, Inc., private California company's wholly owned and controlled by Alex Blyumkin, an officer and director of the Corporation, 234,981 common shares in consideration for providing collateral to secure fuel advances of up to US$2,100,000 made by Phillips 66 Company to MCW Fuels, Inc., a wholly owned subsidiary of MCW. The common shares issued will be subject to a US restrictive legend as well as a four month statutory and TSX Venture Exchange (the "Exchange" hold period from the date of issuance. The issuance is subject to final approval of the Exchange. Alex Blyumkin Announces Acquisition of Convertible Debentures, Common Shares and Warrants of MCW Energy Group Limited
Marketwire - Thu Jul 03, 12:33PM CDT
Alex Blyumkin, a director and officer of MCW Energy Group Limited (TSX-V: MCW) (the "Corporation"
, has filed an early warning report (the "Report" announcing he has acquired a US$824,000 principal amount secured convertible debenture and a US$2,000,000 principal amount secured convertible debenture of the Corporation. MCW Energy Group Announces Management Change and Not Proceeding With Acquisition of GeoPetro Resources Company
Marketwire - Wed Jul 02, 3:32PM CDT
MCW Energy Group Limited (TSX VENTURE: MCW)(OTCQX: MCWEF) ("MCW"
, a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces the appointment of Mark Korb as Chief Financial Officer to replace Karlo Vartan who has resigned to focus on other business opportunities. MCW Energy Announces Issuance of Convertible Debenture for Up to US$2 Million
Marketwire - Wed Jun 25, 3:14PM CDT
MCW Energy Group Limited (TSX VENTURE: MCW) (MCW.V) ("MCW"
, a Canadian holding company involved in fuel distribution and the creation of oil sands extraction technology, announces the issuance of a secured convertible debenture (the "Debenture" for up to a maximum aggregate principal amount of US$2,000,000 to Alex Blyumkin, an officer and director of MCW. The Debenture provides that an initial drawdown in the amount of US$1,139,000 will be advanced by Mr. Blyumkin to MCW upon the execution and delivery of the Debenture, with any subsequent drawdowns to be advanced to MCW at the option of Mr. Blyumkin, upon request by MCW. The principal amount of the Debenture outstanding from time to time will bear interest at a rate of 10% per annum, payable on maturity (June 25, 2017). At the option of Mr. Blyumkin, the principal amount of the Debenture then outstanding from time to time may be converted into common shares of MCW at any time until maturity. The conversion price will be equal to either: (i) beginning on the date that the Debenture is issued until August 11, 2014, $1.00 per common share of MCW; or (ii) beginning on August 12, 2014, the rate equal to the minimum price of the common shares of MCW permitted by the TSX Venture Exchange (the "Exchange" ; each adjusted, as necessary, upon a Share Reorganization (as such term is defined in the Debenture) in accordance with the provisions of the Debenture. The Debenture is secured by all of the assets of MCW and its wholly owned subsidiary, MCW Fuels, Inc. The proceeds will be used by MCW to complete the construction of its oil sands plant facility in Asphalt Ridge, Utah as well as for working capital. All securities issued pursuant to the financing will be subject to applicable U.S. securities laws as well as Canadian securities laws and a four-month hold period as required by the Exchange. The financing is subject to final approval of the Exchange. 
