Intercept Energy Services Inc. (IESCF) 0.0230 $IESCF
Intercept Energy Announces Acquisition of 640Energy
ACCESSWIRE - Fri Apr 10, 8:38AM CDT
EDMONTON, AB / ACCESSWIRE / April 10, 2015 / INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company"
- (TSX-V: IES / PINKSHEETS: IESCF), announced today that it has acquired all of the issued and outstanding shares of 640energy, Inc., effective April 1, 2015, from arm's length third parties pursuant to a share purchase agreement, subject to TSX Venture Exchange final approval. The purchase price of $650,000 was satisfied by the issuance of 13 million common shares of Intercept at a deemed price of $0.05 per share. The purchase price is also subject to an adjustment, such that the price shall be decreased on a dollar for dollar basis by the amount, if any, by which the shareholders equity of 640energy as of March 31, 2015, is less than zero. In addition, as required by the purchase agreement, the Intercept common shares will be held in escrow pursuant to the terms of a voluntary share escrow agreement. One-quarter of such Intercept common shares shall be released following the calculation of the purchase price adjustment, and the remaining three-quarters of the Intercept common shares shall be released in tranches based on achievement of specified revenue milestones.
Intercept Energy Services Inc. Announces the Closing of a $1 Million Private Placement
ACCESSWIRE - Wed Mar 11, 6:07PM CDT
EDMONTON, AB / ACCESSWIRE / March 11, 2015 / Intercept Energy Services Inc. ("IES" or the "Corporation" (TSX-V: IES / OTCQB: IESCF), is pleased to announce investors have agreed to a private placement of 20,000,000 units of the Company at a price of $0.05 per unit for proceeds to the Company of $1,000,000. Each unit consists of one common share and one share purchase warrant, with each warrant exercisable for a period of 2 years from the closing date at a price of $0.075 for the first 12 months and $0.10 for the remaining 12 months. The private placement is subject to the acceptance of the TSX Venture Exchange.
Intercept Energy Services Hires Public Relations Firm
ACCESSWIRE - Wed Jan 28, 7:34AM CST
Edmonton, Canada / ACCESSWIRE / January 28, 2015 / Intercept Energy Services Inc. ("IES" or the "Corporation" (TSX-V: IES / OTCQB: IESCF), a leading Oilfield Services Firm ("OFS" is pleased to announce it has completed the first steps of its new business strategy as developed by Mr. Keith Morlock, President and Chief Operating Officer of IES.
Intercept Energy Services Reports Third Quarter 2014 Results and Engages Investor Relations Firm
ACCESSWIRE - Mon Dec 01, 11:46AM CST
Edmonton, Alberta / ACCESSWIRE / December 1, 2014 / Intercept Energy Services Inc. ("IES" or the "Corporation" (TSX-V: IES / OTCBB: IESCF), a leading Oilfield Services Firm ("OFS" specializing in frac water heating, unconventional energy extraction, oilfield equipment, oilfield waste disposal and recovery of reusable products from waste, today reported financial results for the third quarter ended September 30, 2014, as well as the engagement of an investor relations firm.
Intercept Announces the Closing of the First Tranche of a Private Placement
ACCESSWIRE - Mon Nov 17, 4:09PM CST
Vancouver, BC / ACCESSWIRE / November 17, 2014 / Intercept Energy Services Inc. (formerly Global Green Matrix Corp.) (the "Company", "IES" - TSX Venture: IES announces that it has completed a tranche of a private placement financing of up to 10,000,000 Units at a price of $0.05 per share for gross proceeds of up to $500,000. Each unit will consist of one common share of the Company and one share purchase warrant that entitles the holder to purchase one additional common share of the Company at a price of $0.075 per share for a two year period following closing of the offering. The warrants are subject to an accelerated expiry stating that if at any time, after the standard 4 month hold period, the closing price of the Company's common shares on the TSX Venture Exchange (the "TSX" exceeds $0.15 for any 10 consecutive trading days, the warrant holder will be given notice that the warrants will expire 31 days following the date of such notice.
Intercept Annual General Meeting Result
ACCESSWIRE - Mon Sep 29, 6:01PM CDT
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / September 29, 2014 / Intercept Energy Services Inc. ("Intercept" (TSX Venture: IES, OTCBB: IESCF) The Company is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM" held September 23, 2014 in Vancouver BC.
Intercept Appoints Keith Morlock as New President and COO
ACCESSWIRE - Tue Aug 05, 5:46PM CDT
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / August 5, 2014 / Intercept Energy Services Inc. ("Intercept" (TSX Venture: IES, OTCBB: IESCF) has appointed Keith Morlock President and Chief Operating Officer effective August 1, 2014. Mr. Morlock replaces Randy Hayward as President. Mr. Hayward will continue to serve the Company as its CEO and as the Chairman of the Board. Mr. Morlock will assist Mr. Hayward in strategic planning for the company's growth, as well as be responsible for the day-to-day management and operations of Intercept in Canada and the USA.
Intercept Energy Services Inc. Announces $2.5 Million Equipment Lease Financing
ACCESSWIRE - Tue Jul 29, 4:53PM CDT
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / July 29, 2014 / INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company" - TSX Venture: IES -OTC:BB - IESCF announces that it has entered into a $2,500,000 million equipment lease finance facility with Weslease Income Growth Fund Limited Partnership by its general partner Weslease Income Growth Fund GP Ltd. The term of the lease financing is for five years and the Company is required to make monthly payments on the facility of approximately $74,000 beginning August 15, 2014. The Company, may at any time after the first year, payout the financing without penalty or additional fees. The equipment lease facility is secured by a charge over all of the assets of the Company and includes other usual and customary terms and conditions.
Intercept Energy Services Inc. Termination of Royalty Agreement
ACCESSWIRE - Thu Jun 26, 2:57PM CDT
VANCOUVER, BC / ACCESSWIRE / June 26, 2014 / INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company" - TSX Venture: IES -OTC:BB - IESCF announces that is has signed a Termination Agreement effective the 24th day of June 2014 with 1645577 Alberta Ltd. ("Numberco" whereby Intercept has agreed that, in consideration of the Royalty Agreement (as originally announced on March 21, 2012) on the terms and as set out in the said Agreement it will issue to Numberco - 2,000,000 Common shares in the capital stock of Intercept Energy Services Inc.(the "Shares" for a deemed value of $80,000. The Shares will be subject to a four (4) month hold period plus one day from the date of issuance under applicable securities laws and rules and policies of the TSX Venture Exchange.
Intercept Energy Services Inc. Appointments New Chief Financial Officer
ACCESSWIRE - Wed Jun 18, 1:24PM CDT
VANCOUVER, BC / ACCESSWIRE / June 18, 2014 / INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company" - TSX Venture: IES -OTC:BB - IESCF has appointed Mr. Swapan Kakumanu as its new Chief Financial Officer ("CFO". Mr. Swapan Kakumanu will be replacing Mr. Marvin Jones, who was appointed interim CFO on June 9, 2014, after the resignation of Mr. William (Bill) Taylor Cromb. (see press release of June 10, 2014).
Intercept Energy Announces Acquisition of 640Energy
ACCESSWIRE - Fri Apr 10, 8:38AM CDT
EDMONTON, AB / ACCESSWIRE / April 10, 2015 / INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company"
- (TSX-V: IES / PINKSHEETS: IESCF), announced today that it has acquired all of the issued and outstanding shares of 640energy, Inc., effective April 1, 2015, from arm's length third parties pursuant to a share purchase agreement, subject to TSX Venture Exchange final approval. The purchase price of $650,000 was satisfied by the issuance of 13 million common shares of Intercept at a deemed price of $0.05 per share. The purchase price is also subject to an adjustment, such that the price shall be decreased on a dollar for dollar basis by the amount, if any, by which the shareholders equity of 640energy as of March 31, 2015, is less than zero. In addition, as required by the purchase agreement, the Intercept common shares will be held in escrow pursuant to the terms of a voluntary share escrow agreement. One-quarter of such Intercept common shares shall be released following the calculation of the purchase price adjustment, and the remaining three-quarters of the Intercept common shares shall be released in tranches based on achievement of specified revenue milestones. Intercept Energy Services Inc. Announces the Closing of a $1 Million Private Placement
ACCESSWIRE - Wed Mar 11, 6:07PM CDT
EDMONTON, AB / ACCESSWIRE / March 11, 2015 / Intercept Energy Services Inc. ("IES" or the "Corporation"
(TSX-V: IES / OTCQB: IESCF), is pleased to announce investors have agreed to a private placement of 20,000,000 units of the Company at a price of $0.05 per unit for proceeds to the Company of $1,000,000. Each unit consists of one common share and one share purchase warrant, with each warrant exercisable for a period of 2 years from the closing date at a price of $0.075 for the first 12 months and $0.10 for the remaining 12 months. The private placement is subject to the acceptance of the TSX Venture Exchange. Intercept Energy Services Hires Public Relations Firm
ACCESSWIRE - Wed Jan 28, 7:34AM CST
Edmonton, Canada / ACCESSWIRE / January 28, 2015 / Intercept Energy Services Inc. ("IES" or the "Corporation"
(TSX-V: IES / OTCQB: IESCF), a leading Oilfield Services Firm ("OFS" is pleased to announce it has completed the first steps of its new business strategy as developed by Mr. Keith Morlock, President and Chief Operating Officer of IES. Intercept Energy Services Reports Third Quarter 2014 Results and Engages Investor Relations Firm
ACCESSWIRE - Mon Dec 01, 11:46AM CST
Edmonton, Alberta / ACCESSWIRE / December 1, 2014 / Intercept Energy Services Inc. ("IES" or the "Corporation"
(TSX-V: IES / OTCBB: IESCF), a leading Oilfield Services Firm ("OFS" specializing in frac water heating, unconventional energy extraction, oilfield equipment, oilfield waste disposal and recovery of reusable products from waste, today reported financial results for the third quarter ended September 30, 2014, as well as the engagement of an investor relations firm. Intercept Announces the Closing of the First Tranche of a Private Placement
ACCESSWIRE - Mon Nov 17, 4:09PM CST
Vancouver, BC / ACCESSWIRE / November 17, 2014 / Intercept Energy Services Inc. (formerly Global Green Matrix Corp.) (the "Company", "IES"
- TSX Venture: IES announces that it has completed a tranche of a private placement financing of up to 10,000,000 Units at a price of $0.05 per share for gross proceeds of up to $500,000. Each unit will consist of one common share of the Company and one share purchase warrant that entitles the holder to purchase one additional common share of the Company at a price of $0.075 per share for a two year period following closing of the offering. The warrants are subject to an accelerated expiry stating that if at any time, after the standard 4 month hold period, the closing price of the Company's common shares on the TSX Venture Exchange (the "TSX" exceeds $0.15 for any 10 consecutive trading days, the warrant holder will be given notice that the warrants will expire 31 days following the date of such notice. Intercept Annual General Meeting Result
ACCESSWIRE - Mon Sep 29, 6:01PM CDT
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / September 29, 2014 / Intercept Energy Services Inc. ("Intercept"
(TSX Venture: IES, OTCBB: IESCF) The Company is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM" held September 23, 2014 in Vancouver BC. Intercept Appoints Keith Morlock as New President and COO
ACCESSWIRE - Tue Aug 05, 5:46PM CDT
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / August 5, 2014 / Intercept Energy Services Inc. ("Intercept"
(TSX Venture: IES, OTCBB: IESCF) has appointed Keith Morlock President and Chief Operating Officer effective August 1, 2014. Mr. Morlock replaces Randy Hayward as President. Mr. Hayward will continue to serve the Company as its CEO and as the Chairman of the Board. Mr. Morlock will assist Mr. Hayward in strategic planning for the company's growth, as well as be responsible for the day-to-day management and operations of Intercept in Canada and the USA. Intercept Energy Services Inc. Announces $2.5 Million Equipment Lease Financing
ACCESSWIRE - Tue Jul 29, 4:53PM CDT
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / July 29, 2014 / INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company"
- TSX Venture: IES -OTC:BB - IESCF announces that it has entered into a $2,500,000 million equipment lease finance facility with Weslease Income Growth Fund Limited Partnership by its general partner Weslease Income Growth Fund GP Ltd. The term of the lease financing is for five years and the Company is required to make monthly payments on the facility of approximately $74,000 beginning August 15, 2014. The Company, may at any time after the first year, payout the financing without penalty or additional fees. The equipment lease facility is secured by a charge over all of the assets of the Company and includes other usual and customary terms and conditions. Intercept Energy Services Inc. Termination of Royalty Agreement
ACCESSWIRE - Thu Jun 26, 2:57PM CDT
VANCOUVER, BC / ACCESSWIRE / June 26, 2014 / INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company"
- TSX Venture: IES -OTC:BB - IESCF announces that is has signed a Termination Agreement effective the 24th day of June 2014 with 1645577 Alberta Ltd. ("Numberco" whereby Intercept has agreed that, in consideration of the Royalty Agreement (as originally announced on March 21, 2012) on the terms and as set out in the said Agreement it will issue to Numberco - 2,000,000 Common shares in the capital stock of Intercept Energy Services Inc.(the "Shares" for a deemed value of $80,000. The Shares will be subject to a four (4) month hold period plus one day from the date of issuance under applicable securities laws and rules and policies of the TSX Venture Exchange. Intercept Energy Services Inc. Appointments New Chief Financial Officer
ACCESSWIRE - Wed Jun 18, 1:24PM CDT
VANCOUVER, BC / ACCESSWIRE / June 18, 2014 / INTERCEPT ENERGY SERVICES INC. ("Intercept" or the "Company"
- TSX Venture: IES -OTC:BB - IESCF has appointed Mr. Swapan Kakumanu as its new Chief Financial Officer ("CFO". Mr. Swapan Kakumanu will be replacing Mr. Marvin Jones, who was appointed interim CFO on June 9, 2014, after the resignation of Mr. William (Bill) Taylor Cromb. (see press release of June 10, 2014). 
