Petro One Energy Cor (CUDBF) 0.4244 $CUDBF
Petro One Financing Update
Marketwire - Mon Sep 08, 6:51PM CDT
Petro One Energy Corp. (TSX VENTURE: POP)(FRANKFURT: C6K1) reported on September 2, 2014 that it had received a request from Korea Myanmar Development Company Ltd. ("KMDC"
to extend to October 7, 2014 the time permitted to complete the $4,000,000 private placement announced on July 28, 2014, citing rules and regulations of the financial authorities and a need for additional time to meet the requirements of those authorities. Since then, management has been seeking clarification of the situation from KMDC directly and through Dan Stuart and Joon Hong (Market One Financial), who originally introduced the Company to KMDC and who have been liaising between KMDC and the Company throughout.
IIROC Trading Resumption - POP
CNW Group - Wed Sep 03, 7:15AM CDT
Trading resumes in:
IIROC Trade Resumption - Petro One Energy Corp.
Newsfile Corp - Wed Sep 03, 7:01AM CDT
Trading resumes in:
IIROC Trading Halt - POP
CNW Group - Tue Sep 02, 11:02AM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Petro One Energy Corp.
Newsfile Corp - Tue Sep 02, 10:52AM CDT
The following issues have been halted by IIROC:
Petro One Increases Funding by $2,000,000 on Institutional Demand
Marketwire - Mon Aug 18, 6:46AM CDT
(Petro One Energy Corp. (TSX VENTURE: POP)(PINKSHEETS: CUDBF)(FRANKFURT: C6K1) is pleased to announce that its $4,000,000 private placement announced on July 28, 2014 has been fully subscribed and that, due to high demand, it has placed an additional $2,000,000 on the same terms, principally with institutional investors and fund managers.
Petro One Approves Opton Grants and Re-Pricings
Marketwire - Fri Aug 01, 7:12PM CDT
Petro One Energy Corp. (TSX VENTURE: POP)(PINKSHEETS: CUDBF)(FRANKFURT: C6K1) has approved the grant of incentive options exercisable to purchase up to an aggregate of 5,000,000 shares of the Company to directors and officers of the Company, and incentive options to purchase up to an additional 1,300,000 shares to Company consultants. All of the options are exercisable at the price of $0.31 per share until July 31, 2024 subject to earlier termination in accordance with their terms.
Private Placement Set for Joint Venture of Up to $100,000,000 on 97 Net Drill Locations
Marketwire - Fri Aug 01, 6:46AM CDT
Petro One Energy Corp. (TSX VENTURE: POP)(PINKSHEETS: CUDBF)(FRANKFURT: C6K1) announced on July 27, 2014 that it had arranged funding of up to $100,000,000 from Korea Myanmar Development Corporation ("KMDC" to drill up to 97 oil wells on Petro One properties in Saskatchewan and Manitoba. It is now pleased to report that the first step in that funding has been taken.
Petro One Announces Drilling Joint Venture
Marketwire - Mon Jul 28, 1:28PM CDT
Petro One Energy Corp. (TSX VENTURE: POP)(PINKSHEETS: CUDBF)(FRANKFURT: C6K1) has entered into a Program Earning and Joint Venture Agreement (the "Agreement" with Korea Myanmar Development Corporation ("KMDC" which provides for a $4,000,000 private placement financing ("PP#1" and a $14,000,000 funding (the "Phase 1 Funding" to drill up to 11 oil wells on certain of the Company's oil and natural gas leases in Saskatchewan and Manitoba (the "Program Lands" plus a Lodgepole production test of the well previously drilled at South Reston (#SR1) by Petro One and Goldstrike Resources Ltd. ("Phase 1" . In addition, on completion of Phase 1, KMDC will have the option to provide additional funding (the "Phase 2 Funding" in an amount between $42,000,000 and $82,000,000 to finance additional drilling, with the right to substitute equity funding ("PP#2" for a portion of the Phase 2 Funding, as described in more detail below. KMDC will earn a 65% interest before payout and a 50% interest after payout in each oil well funded by it. All costs to payout for any well will be paid out of the drilling funds and revenue from production from that well.
Petro One Financing Update
Marketwire - Mon Sep 08, 6:51PM CDT
Petro One Energy Corp. (TSX VENTURE: POP)(FRANKFURT: C6K1) reported on September 2, 2014 that it had received a request from Korea Myanmar Development Company Ltd. ("KMDC"
to extend to October 7, 2014 the time permitted to complete the $4,000,000 private placement announced on July 28, 2014, citing rules and regulations of the financial authorities and a need for additional time to meet the requirements of those authorities. Since then, management has been seeking clarification of the situation from KMDC directly and through Dan Stuart and Joon Hong (Market One Financial), who originally introduced the Company to KMDC and who have been liaising between KMDC and the Company throughout. IIROC Trading Resumption - POP
CNW Group - Wed Sep 03, 7:15AM CDT
Trading resumes in:
IIROC Trade Resumption - Petro One Energy Corp.
Newsfile Corp - Wed Sep 03, 7:01AM CDT
Trading resumes in:
IIROC Trading Halt - POP
CNW Group - Tue Sep 02, 11:02AM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Petro One Energy Corp.
Newsfile Corp - Tue Sep 02, 10:52AM CDT
The following issues have been halted by IIROC:
Petro One Increases Funding by $2,000,000 on Institutional Demand
Marketwire - Mon Aug 18, 6:46AM CDT
(Petro One Energy Corp. (TSX VENTURE: POP)(PINKSHEETS: CUDBF)(FRANKFURT: C6K1) is pleased to announce that its $4,000,000 private placement announced on July 28, 2014 has been fully subscribed and that, due to high demand, it has placed an additional $2,000,000 on the same terms, principally with institutional investors and fund managers.
Petro One Approves Opton Grants and Re-Pricings
Marketwire - Fri Aug 01, 7:12PM CDT
Petro One Energy Corp. (TSX VENTURE: POP)(PINKSHEETS: CUDBF)(FRANKFURT: C6K1) has approved the grant of incentive options exercisable to purchase up to an aggregate of 5,000,000 shares of the Company to directors and officers of the Company, and incentive options to purchase up to an additional 1,300,000 shares to Company consultants. All of the options are exercisable at the price of $0.31 per share until July 31, 2024 subject to earlier termination in accordance with their terms.
Private Placement Set for Joint Venture of Up to $100,000,000 on 97 Net Drill Locations
Marketwire - Fri Aug 01, 6:46AM CDT
Petro One Energy Corp. (TSX VENTURE: POP)(PINKSHEETS: CUDBF)(FRANKFURT: C6K1) announced on July 27, 2014 that it had arranged funding of up to $100,000,000 from Korea Myanmar Development Corporation ("KMDC"
to drill up to 97 oil wells on Petro One properties in Saskatchewan and Manitoba. It is now pleased to report that the first step in that funding has been taken. Petro One Announces Drilling Joint Venture
Marketwire - Mon Jul 28, 1:28PM CDT
Petro One Energy Corp. (TSX VENTURE: POP)(PINKSHEETS: CUDBF)(FRANKFURT: C6K1) has entered into a Program Earning and Joint Venture Agreement (the "Agreement"
with Korea Myanmar Development Corporation ("KMDC" which provides for a $4,000,000 private placement financing ("PP#1" and a $14,000,000 funding (the "Phase 1 Funding" to drill up to 11 oil wells on certain of the Company's oil and natural gas leases in Saskatchewan and Manitoba (the "Program Lands" plus a Lodgepole production test of the well previously drilled at South Reston (#SR1) by Petro One and Goldstrike Resources Ltd. ("Phase 1" . In addition, on completion of Phase 1, KMDC will have the option to provide additional funding (the "Phase 2 Funding" in an amount between $42,000,000 and $82,000,000 to finance additional drilling, with the right to substitute equity funding ("PP#2" for a portion of the Phase 2 Funding, as described in more detail below. KMDC will earn a 65% interest before payout and a 50% interest after payout in each oil well funded by it. All costs to payout for any well will be paid out of the drilling funds and revenue from production from that well. 
