Opal Energy Corp (OPAFF) 0.0840 $OPAFF
Opal Energy Increases Private Placement to $1.0m and Appoints New Director
Marketwired - Thu Jan 22, 3:43PM CST
Opal Energy Corp. (the "Company" or "Opal"
(NEX: OPA.H) announces that it is increasing its non-brokered private placement previously announced on September 29, 2014 (the "Offering" , to $1.0m subject to the approval of the TSX Venture Exchange (the "Exchange" . The revised Offering will consist of up to 10,000,000 units ("Units" at a revised price of $0.10 per Unit for gross proceeds of up to $1,000,000. Each Unit will consist of one common share (a "Common Share" and one common share purchase warrant (a "Warrant" . Each Warrant may be converted into one Common Share at a revised price of $0.15 per share for a period of 5 years from the date of issuance of the Warrant. Opal may pay finders' fees in connection with the Offering consisting of cash or warrants. All Common Shares and Warrants issued under the Offering will be subject to a four month hold period from the date of issuance. Proceeds of the Offering will be used to finance Opal's exploration and development of its Firebag Property. Opal has received conditional Exchange approval to acquire a 75% interest in the Firebag Property and for reactivation to tier 2 of the Exchange as a resource issuer. Opal's reactivation and acquisition of the Firebag Property are conditional upon completion of the Offering and final Exchange approval.
Opal Energy Announces Results of Annual and Special General Meeting
Marketwired - Thu Dec 04, 4:20PM CST
Opal Energy Corp. (the "Company" or "Opal" (TSX VENTURE: OPA.H) is pleased to announce that at its Annual and Special General Meeting held December 4, 2014, Jamie Newall, David Hughes, Mike Curtis, Gerald Tuskey and Emma Nicholson were re-elected to the Board of Directors. Opal's shareholders approved an alteration of articles to give the Board of Directors the authority to subdivide or consolidate the Company's unissued, or fully paid issued, shares and the Company's advance notice policy for the election of directors. Opal's shareholders also approved a change of name to Frac King Resources Ltd., or such other name as may be acceptable to the Company, applicable regulatory authorities and approval by the TSX Venture Exchange.
Opal Energy Adopts Advance Notice Policy
Marketwired - Tue Oct 28, 6:21PM CDT
Opal Energy Corp. (the "Company" or "Opal" (NEX: OPA.H) announces that its board of directors (the "Board" has adopted an advance notice policy (the "Policy" which includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (British Columbia) (the "Act" ; or (ii) a shareholder proposal made pursuant to the provisions of the Act.
Frac Sand Demand to Increase 300% by 2016
GlobeNewswire - Tue Oct 07, 9:17AM CDT
According to energy analyst Sonny Randhawa, frac sand demand will increase from 28 million tons to 84 million tons by 2016.
LAN.VN: 0.025 (unch), MS: 36.78 (-0.12)
Opal Energy Announces Property Acquisition and $600,000 Private Placement
Marketwire - Mon Sep 29, 7:02AM CDT
Opal Energy Corp. (the "Company" or "Opal" (TSX VENTURE: OPA.H) announces that it has entered into a property option agreement with Declan Resources Inc. ("Declan" (TSX VENTURE: LAN) and 877384 Alberta Ltd. (the "Optionor" to earn up to 75% interest in the Firebag River Property ("Firebag Property" located southwest of the Athabasca Basin in northeast Alberta. The Firebag Property consists of six metallic and industrial minerals permits encompassing approximately 50,000 ha. It is west of Fission Uranium Patterson Lake South (PLS) uranium occurrence, and about 30 km south of the southernmost mapped margin of the basin. It also lies adjacent to the east of the Athabasca Minerals silica sand project.
LAN.VN: 0.025 (unch)
Declan Announces Option Agreement on Firebag Frac Sand Project, Results of Annual and Special General Meeting and Grant of Stock Options
Marketwire - Mon Sep 29, 7:02AM CDT
Declan Resources Inc. ("Declan" or the "Company" (TSX VENTURE: LAN) announces that it has entered into a property option agreement with Opal Energy Corp. ("Opal" (TSX VENTURE: OPA.H) and 877384 Alberta Ltd. (the "Optionor" for Opal to earn up to a 75% interest in Declan's Firebag River Property ("Firebag Property" located southwest of the Athabasca Basin in northeast Alberta. The original option agreement has been amended and now requires Opal to make exploration expenditures of $850,000 prior to November 22, 2016. Opal will reimburse Declan's option payment and exploration expenditures incurred to date and in addition will make cash payments of $250,000 and in addition will issue four million shares over a two year period to Declan, following TSX Venture Exchange ("TSXV" approval of the acquisition. In the event Opal earns a 70% interest in the Firebag Property it will then enter into a joint venture on a 70% (Opal) 30% (Declan) basis. Opal can acquire an additional 5% interest in the joint venture at any time by issuing Declan 500,000 Opal shares. The Firebag Property acquisition is subject to TSXV approval. As a result, Declan has no further cash obligations on the Firebag Property.
LAN.VN: 0.025 (unch)
Opal Energy Closes $396,000 Private Placement
Marketwire - Wed Sep 17, 12:50PM CDT
Opal Energy Corp. ("Opal" or the "Company" (TSX VENTURE: OPA.H) announces that it has closed a private placement of 6,599,998 units for gross proceeds of $396,000 (the "Offering" . Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of Opal at a price of $0.12 for a period of 12 months from closing. Proceeds of the Offering will be used to reduce corporate debt and to finance the Company's ongoing review of prospective projects in the resource sector. The shares and warrants issued under the Offering are subject to a four month hold period which expires January 17, 2015. The Offering has received final NEX approval.
Opal Energy Announces $396,000 Private Placement and Closing of Shares for Debt Settlement
Marketwire - Tue Sep 02, 1:43PM CDT
Opal Energy Corp. (the "Company" (TSX VENTURE: OPA.H) announces that it is completing a private placement (the "Offering" of 6,600,000 units ("Units" at a price of $0.06 per Unit. Each Unit will consist of one common share (a "Share" and one share purchase warrant (a "Warrant" . Each Warrant will be exercisable into one additional Share at a price of $0.12 for a period of 12 months from closing. All Shares and Warrants issued under the Offering will be subject to a four month hold period which will run from the date of issuance. The Offering is subject to NEX and shareholder approval. Proceeds of the Offering will be used to reduce corporate debt and to finance the Company's ongoing review of prospective projects in the resource sector.
Opal Energy Announces $300,000 Shares for Debt Settlement
Marketwire - Mon Aug 11, 7:04AM CDT
Opal Energy Corp. (the "Company" (NEX BOARD: OPA.H) announces that it is completing a $300,000 shares for debt settlement with its primary creditor (the "Debt Settlement" The Debt Settlement will result in the issuance of a maximum of 6,000,000 shares at a minimum price of $0.05 per share. The Debt Settlement has been assigned to multiple arm's length parties and will not result in the creation of new insiders or a new control person. The Debt Settlement is subject to NEX approval.
Charlotte Resources Announces New Director Appointments
Marketwire - Tue Feb 25, 6:31AM CST
February 25, 2014 - Charlotte Resources Ltd. (the "Company" (CSE: CHT) is pleased to announce the appointment of Mr. David R. Hughes and Mr. Jason Bednar to the Board of Directors of the Company.
QCOM: 70.88 (+0.49)
Opal Energy Increases Private Placement to $1.0m and Appoints New Director
Marketwired - Thu Jan 22, 3:43PM CST
Opal Energy Corp. (the "Company" or "Opal"
(NEX: OPA.H) announces that it is increasing its non-brokered private placement previously announced on September 29, 2014 (the "Offering" , to $1.0m subject to the approval of the TSX Venture Exchange (the "Exchange" . The revised Offering will consist of up to 10,000,000 units ("Units" at a revised price of $0.10 per Unit for gross proceeds of up to $1,000,000. Each Unit will consist of one common share (a "Common Share" and one common share purchase warrant (a "Warrant" . Each Warrant may be converted into one Common Share at a revised price of $0.15 per share for a period of 5 years from the date of issuance of the Warrant. Opal may pay finders' fees in connection with the Offering consisting of cash or warrants. All Common Shares and Warrants issued under the Offering will be subject to a four month hold period from the date of issuance. Proceeds of the Offering will be used to finance Opal's exploration and development of its Firebag Property. Opal has received conditional Exchange approval to acquire a 75% interest in the Firebag Property and for reactivation to tier 2 of the Exchange as a resource issuer. Opal's reactivation and acquisition of the Firebag Property are conditional upon completion of the Offering and final Exchange approval. Opal Energy Announces Results of Annual and Special General Meeting
Marketwired - Thu Dec 04, 4:20PM CST
Opal Energy Corp. (the "Company" or "Opal"
(TSX VENTURE: OPA.H) is pleased to announce that at its Annual and Special General Meeting held December 4, 2014, Jamie Newall, David Hughes, Mike Curtis, Gerald Tuskey and Emma Nicholson were re-elected to the Board of Directors. Opal's shareholders approved an alteration of articles to give the Board of Directors the authority to subdivide or consolidate the Company's unissued, or fully paid issued, shares and the Company's advance notice policy for the election of directors. Opal's shareholders also approved a change of name to Frac King Resources Ltd., or such other name as may be acceptable to the Company, applicable regulatory authorities and approval by the TSX Venture Exchange. Opal Energy Adopts Advance Notice Policy
Marketwired - Tue Oct 28, 6:21PM CDT
Opal Energy Corp. (the "Company" or "Opal"
(NEX: OPA.H) announces that its board of directors (the "Board" has adopted an advance notice policy (the "Policy" which includes, among other things, a provision that requires advance notice be given to the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (British Columbia) (the "Act" ; or (ii) a shareholder proposal made pursuant to the provisions of the Act. Frac Sand Demand to Increase 300% by 2016
GlobeNewswire - Tue Oct 07, 9:17AM CDT
According to energy analyst Sonny Randhawa, frac sand demand will increase from 28 million tons to 84 million tons by 2016.
LAN.VN: 0.025 (unch), MS: 36.78 (-0.12)
Opal Energy Announces Property Acquisition and $600,000 Private Placement
Marketwire - Mon Sep 29, 7:02AM CDT
Opal Energy Corp. (the "Company" or "Opal"
(TSX VENTURE: OPA.H) announces that it has entered into a property option agreement with Declan Resources Inc. ("Declan" (TSX VENTURE: LAN) and 877384 Alberta Ltd. (the "Optionor" to earn up to 75% interest in the Firebag River Property ("Firebag Property" located southwest of the Athabasca Basin in northeast Alberta. The Firebag Property consists of six metallic and industrial minerals permits encompassing approximately 50,000 ha. It is west of Fission Uranium Patterson Lake South (PLS) uranium occurrence, and about 30 km south of the southernmost mapped margin of the basin. It also lies adjacent to the east of the Athabasca Minerals silica sand project. LAN.VN: 0.025 (unch)
Declan Announces Option Agreement on Firebag Frac Sand Project, Results of Annual and Special General Meeting and Grant of Stock Options
Marketwire - Mon Sep 29, 7:02AM CDT
Declan Resources Inc. ("Declan" or the "Company"
(TSX VENTURE: LAN) announces that it has entered into a property option agreement with Opal Energy Corp. ("Opal" (TSX VENTURE: OPA.H) and 877384 Alberta Ltd. (the "Optionor" for Opal to earn up to a 75% interest in Declan's Firebag River Property ("Firebag Property" located southwest of the Athabasca Basin in northeast Alberta. The original option agreement has been amended and now requires Opal to make exploration expenditures of $850,000 prior to November 22, 2016. Opal will reimburse Declan's option payment and exploration expenditures incurred to date and in addition will make cash payments of $250,000 and in addition will issue four million shares over a two year period to Declan, following TSX Venture Exchange ("TSXV" approval of the acquisition. In the event Opal earns a 70% interest in the Firebag Property it will then enter into a joint venture on a 70% (Opal) 30% (Declan) basis. Opal can acquire an additional 5% interest in the joint venture at any time by issuing Declan 500,000 Opal shares. The Firebag Property acquisition is subject to TSXV approval. As a result, Declan has no further cash obligations on the Firebag Property. LAN.VN: 0.025 (unch)
Opal Energy Closes $396,000 Private Placement
Marketwire - Wed Sep 17, 12:50PM CDT
Opal Energy Corp. ("Opal" or the "Company"
(TSX VENTURE: OPA.H) announces that it has closed a private placement of 6,599,998 units for gross proceeds of $396,000 (the "Offering" . Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of Opal at a price of $0.12 for a period of 12 months from closing. Proceeds of the Offering will be used to reduce corporate debt and to finance the Company's ongoing review of prospective projects in the resource sector. The shares and warrants issued under the Offering are subject to a four month hold period which expires January 17, 2015. The Offering has received final NEX approval. Opal Energy Announces $396,000 Private Placement and Closing of Shares for Debt Settlement
Marketwire - Tue Sep 02, 1:43PM CDT
Opal Energy Corp. (the "Company"
(TSX VENTURE: OPA.H) announces that it is completing a private placement (the "Offering" of 6,600,000 units ("Units" at a price of $0.06 per Unit. Each Unit will consist of one common share (a "Share" and one share purchase warrant (a "Warrant" . Each Warrant will be exercisable into one additional Share at a price of $0.12 for a period of 12 months from closing. All Shares and Warrants issued under the Offering will be subject to a four month hold period which will run from the date of issuance. The Offering is subject to NEX and shareholder approval. Proceeds of the Offering will be used to reduce corporate debt and to finance the Company's ongoing review of prospective projects in the resource sector. Opal Energy Announces $300,000 Shares for Debt Settlement
Marketwire - Mon Aug 11, 7:04AM CDT
Opal Energy Corp. (the "Company"
(NEX BOARD: OPA.H) announces that it is completing a $300,000 shares for debt settlement with its primary creditor (the "Debt Settlement" The Debt Settlement will result in the issuance of a maximum of 6,000,000 shares at a minimum price of $0.05 per share. The Debt Settlement has been assigned to multiple arm's length parties and will not result in the creation of new insiders or a new control person. The Debt Settlement is subject to NEX approval. Charlotte Resources Announces New Director Appointments
Marketwire - Tue Feb 25, 6:31AM CST
February 25, 2014 - Charlotte Resources Ltd. (the "Company"
(CSE: CHT) is pleased to announce the appointment of Mr. David R. Hughes and Mr. Jason Bednar to the Board of Directors of the Company. QCOM: 70.88 (+0.49)
