CANIF News Alert Canoel (CANIF) 0.2800 09/21/2014 02:35:50

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Canoel (CANIF) 0.2800 $CANIF

Canoel Closes Cancellation Of Outstanding Debentures And The Issuance Of Replacement Debentures
ACCESSWIRE - Thu Sep 18, 8:47AM CDT
Calgary, Alberta / ACCESSWIRE / September 18, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to announce, subject to regulatory approval, the completion of the transaction contemplated in the replacement and conversion agreement (the "Replacement and Conversion Agreement" , which was entered into between Canoel and each of the holders of the Company's outstanding 9% unsecured convertible (Swiss Francs) debentures dated January 11, 2012 (the "Notes" .

Canoel Initiates Workover Program In Argentina
ACCESSWIRE - Thu Sep 11, 8:18AM CDT
Calgary, Alberta / ACCESSWIRE / September 11, 2014 / Canoel International Energy Ltd. ("Canoel" or the"Corporation" (TSX VENTURE: CIL) is pleased to provide an update on Petrolera Patagonia S.r.l. ("Petrolera" or the "Company" , the Corporation's wholly owned Argentinean subsidiary. Petrolera is the operator and outright owner of title and mineral rights for two onshore concessions, Don Alberto and Don Ernesto, located within the Chubut province of Argentina.

Canoel Announces Issuance of Replacement Debentures and Issuance of Shares to Reduce Debt
ACCESSWIRE - Wed Sep 03, 8:17AM CDT
Calgary, Alberta / ACCESSWIRE / September 3, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to announce that it entered into agreements ("Replacement and Conversion Agreements" with all of the holders of the Company's outstanding 9% unsecured convertible (Swiss Francs) debentures dated January 11, 2012 ("Notes" to cancel the Notes and issue replacement Notes ("Replacement Notes" convertible into common shares in the capital of the Company.

Canoel Hires Questrade for Market Making Services
ACCESSWIRE - Fri Aug 22, 3:24PM CDT
Calgary, Alberta / ACCESSWIRE / August 22, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to announce that it has retained Questrade Inc. to provide market-making services in accordance with TSX Venture Exchange guidelines.

Canoel Files Year-End Independent Reserves Evaluation
ACCESSWIRE - Thu Jul 10, 8:40AM CDT
Calgary, Alberta / ACCESSWIRE / July 10, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) confirms that it has posted to SEDAR its year-end independent evaluation of reserves for the year ending March 31, 2014, prepared in accordance with National Instrument 51-101.

Canoel Closes $211,000 Private Placement Tranche
ACCESSWIRE - Mon Jun 30, 6:46PM CDT
Calgary, Alberta / ACCESSWIRE / June 30, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to announce, subject to regulatory approval, the completion of a final tranche of a non-brokered private placement of units ("Units" . Canoel issued an aggregate of 1,406,666 Units in this fifth tranche at a price of $0.15 per Unit for gross proceeds of approximately $211,000.

Canoel Earns $0.48 Cdn Per Share During Fiscal 2014
ACCESSWIRE - Wed Jun 25, 8:32AM CDT
Calgary, Alberta / ACCESSWIRE / June 25, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to report that the company earned 48 cents per share during the full year ending March 31st, 2014.

Canoel Provides Update on two Additional Italian Properties
ACCESSWIRE - Tue Mar 18, 8:10AM CDT
Calgary, Alberta / ACCESSWIRE / March 18, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to report that its 100% owned Italian subsidiary, Canoel Italia Srl., has recently completed maintenance operations and improvements of facilities at its San Teodoro Field. As a result, commencement of production is anticipated for late April 2014.

Canoel Receives Approval for New Gasfield Production
ACCESSWIRE - Mon Mar 10, 8:35AM CDT
Calgary, Alberta / ACCESSWIRE / March 10, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to confirm that Canoel Italia Srl, its 100% owned Italian subsidiary, has received the final approval for the Environmental Impact Assessment report which had been prepared for the Torrente Vulgano gasfield. As disclosed previously by the Company, the Ministry of Economic Development had awarded this field to Canoel on the basis of the Company's technical presentation and program to resume production after a competition between several oil and gas companies. Approval of the Environmental Impact Assessment report will now allow Canoel to proceed with the final steps to commence production. Gas production is anticipated to start in the latter part of 2014 at a rate of 10,000 cubic meters/day (approximately 353 mcf/d or 59 boed). Reserves, as presented in the company's most recent NI 51-101 report for the year ended March 31, 2013, have been assessed at 852 million cubic feet of natural gas. Given the current operating parameters, Canoel projects that these assets will create revenue of approximately $1.49 million annually.

Closing of GRIT Share Exchange
ACCESSWIRE - Fri Mar 07, 6:51PM CST
Calgary, AB / ACCESSWIRE / March 7, 2014 / Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to announce that further to its news release of January 24, 2014, it has closed its securities exchange with Global Resources Investment Trust plc ("GRIT" .

Canoel International Energy Ltd. Reports Third Quarter Results
ACCESSWIRE - Thu Feb 27, 4:22PM CST
CALGARY, ALBERTA / February 27, 2014 / ACCESSWIRE / Canoel International Energy Ltd. ("CIL" or the "Company" (TSX VENTURE:CIL) is pleased to announce its third quarter results for the three months and nine months ended December 31, 2013. The Interim Financial Statements and Management's Discussion and Analysis for the third quarter can be viewed on the Company's website at http://www.canoelenergy.com/ or on SEDAR at www.sedar.com under the CIL listing.

Canoel Announces Closing of Private Placement of Common Shares
ACCESSWIRE - Wed Feb 12, 8:01AM CST
February 12, 2014- Calgary, Alberta - Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to announce, subject to regulatory approval, the completion of a non-brokered private placement of 400,000 common shares ("Common Shares" at a price of $0.25 per share to Tonsenhagen Forretningssentrum AS, a related party of Erik Larre who is a director of the Company.

Canoel Advisory Committee Change
ACCESSWIRE - Tue Feb 04, 6:02PM CST
February 4, 2014 - Calgary, Alberta- Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) announces that Hans-Rune Wahlstrom has resigned from Canoel's Advisory Committee. The company wishes Mr. Wahlstrom success in his future endeavors.

Canoel Announces Private Placement
ACCESSWIRE - Tue Jan 28, 8:04AM CST
January 28, 2014 - Calgary, Alberta- Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to announce that it intends to raise proceeds of approximately $100,000 through a non-brokered private placement of common shares at $0.25 per share to an insider of the Company. This private placement is considered to be a related party transaction subject to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. Canoel intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(a) of Multilateral Instrument 61-101 on the basis that the private placement will not exceed 25% of the fair market value of the Company's market capitalization. The transaction remains subject to the approval of the TSX Venture Exchange.

Canoel Provides Update on Swap Agreement
ACCESSWIRE - Fri Jan 24, 8:24AM CST
January 24, 2014 - Calgary, Alberta- Canoel International Energy Ltd. ("Canoel" or the "Company" (TSX VENTURE: CIL) is pleased to announce that the share swap transaction announced on September 25, 2013 with Global Resources Investments Ltd ("GRIL" is scheduled to close on January 24, 2014 pursuant to which it will issue 1,600,000 common shares in the capital of the Company to GRIL at a price of $0.25 per share in exchange for 224,001 ordinary shares of GRIL at a price of ?1.00 per share (the "GRIL Shares" .




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