Petromaroc Corp (LNGRF) 0.0029 $LNGRF
PetroMaroc Closes Non-Brokered Private Placement Raising Cdn $3 Million and Enters into Debenture Amending Agreement
PR Newswire - Wed Jan 14, 1:31PM CST
PetroMaroc Corporation plc. (TSXV: PMA) (the "Company" or "PetroMaroc"
has closed the non-brokered Private Placement (the ''Private Placement'', of units (the "Units" of the Company at a price of Cdn $0.15 per Unit, raising gross proceeds of Cdn $3 million. PetroMaroc closed the first tranche of the Private Placement raising Cdn $3 million on November 4, 2014. Due to current market conditions the second tranche of the Private Placement was unsuccessful in raising additional funds. Each Unit consists of one ordinary share (a "Common Share" of the Company and one-half of a Common Share purchase warrant (a "Warrant". Each whole Warrant is exercisable into one Common Share (a "Warrant Share" for a period of 18 months from closing at Cdn $0.30 per Warrant Share, provided that, if, at any time following the date of issuance, the closing price of the Common Shares on the TSX Venture Exchange (the "TSXV" is greater than Cdn $0.45 for 30 consecutive trading days, the Company may give notice to the holders of the Warrants that the expiry time of the Warrants has been accelerated and the Warrants will expire on the 20th business day following the date of such notice. Holders of Warrants are restricted from exercising Warrants without the approval of the TSXV if, as a result of exercise, the holder would hold more than 20 percent of the issued Common Shares of the Company. In connection with the Private Placement, the Company paid Cdn $90,000 in finder's fees.
PMA.VN: 0.015 (-0.005)
PetroMaroc Corporation plc - Q3 2014 Results Published
PR Newswire - Thu Nov 27, 1:00AM CST
In the third quarter of 2014, PetroMaroc Corporation plc (TSXV: PMA) (the Company or PetroMaroc) confirmed the significant natural gas potential of the Kechoula structure in the Sidi Moktar Exploration Licence in Morocco ("Sidi Moktar". The Company raised new capital for ongoing exploration and corporate initiatives, and is seeking a partner to help develop Sidi Moktar.
PMA.VN: 0.015 (-0.005)
PetroMaroc Announces Private Placement
PR Newswire Europe - Wed Nov 26, 8:46PM CST
CALGARY, Alberta, October 30, 2014 /PRNewswire/ --
PMA.VN: 0.015 (-0.005)
PetroMaroc Confirms Significant Natural Gas Potential of the Kechoula Structure Located in the Sidi Moktar Exploration License in Morocco
PR Newswire Europe - Wed Nov 26, 4:44PM CST
CALGARY, Alberta, October 22, 2014 /PRNewswire/ --
PMA.VN: 0.015 (-0.005)
PetroMaroc Completes First Tranche of Non-Brokered Private Placement
PR Newswire - Tue Nov 04, 2:23PM CST
PetroMaroc Corporation plc (TSXV: PMA) (the "Company" or "PetroMaroc" today announced that it has closed the first tranche of the previously announced non-brokered private placement (the "Private Placement" of units (the "Units" of the Company at a price of $0.15 per Unit raising Cdn $3,000,000. The Units consist of one common share (a "Common Share" of the Company and one-half of a Common Share purchase warrant (a "Warrant". Each whole Warrant is exercisable into one Common Share (a "Warrant Share" for a period of 18 months from closing at $0.30 per Warrant Share, provided that, if, at any time following the date of issuance, the closing price of the Common Shares on the TSX Venture Exchange (the "TSXV" is greater than $0.45 for 30 consecutive trading days, the Company may give notice to the holders of the Warrants that the expiry time of the Warrants has been accelerated and the Warrants will expire on the 20th business day following the date of such notice. Holders of Warrants are restricted from exercising Warrants without the approval of the TSXV if, as a result of exercise, the holder would hold more than 20% of the issued Common Shares of the Company.
PMA.VN: 0.015 (-0.005)
PetroMaroc Closes Non-Brokered Private Placement Raising Cdn $3 Million and Enters into Debenture Amending Agreement
PR Newswire - Wed Jan 14, 1:31PM CST
PetroMaroc Corporation plc. (TSXV: PMA) (the "Company" or "PetroMaroc"
has closed the non-brokered Private Placement (the ''Private Placement'', of units (the "Units" of the Company at a price of Cdn $0.15 per Unit, raising gross proceeds of Cdn $3 million. PetroMaroc closed the first tranche of the Private Placement raising Cdn $3 million on November 4, 2014. Due to current market conditions the second tranche of the Private Placement was unsuccessful in raising additional funds. Each Unit consists of one ordinary share (a "Common Share" of the Company and one-half of a Common Share purchase warrant (a "Warrant". Each whole Warrant is exercisable into one Common Share (a "Warrant Share" for a period of 18 months from closing at Cdn $0.30 per Warrant Share, provided that, if, at any time following the date of issuance, the closing price of the Common Shares on the TSX Venture Exchange (the "TSXV" is greater than Cdn $0.45 for 30 consecutive trading days, the Company may give notice to the holders of the Warrants that the expiry time of the Warrants has been accelerated and the Warrants will expire on the 20th business day following the date of such notice. Holders of Warrants are restricted from exercising Warrants without the approval of the TSXV if, as a result of exercise, the holder would hold more than 20 percent of the issued Common Shares of the Company. In connection with the Private Placement, the Company paid Cdn $90,000 in finder's fees. PMA.VN: 0.015 (-0.005)
PetroMaroc Corporation plc - Q3 2014 Results Published
PR Newswire - Thu Nov 27, 1:00AM CST
In the third quarter of 2014, PetroMaroc Corporation plc (TSXV: PMA) (the Company or PetroMaroc) confirmed the significant natural gas potential of the Kechoula structure in the Sidi Moktar Exploration Licence in Morocco ("Sidi Moktar"
. The Company raised new capital for ongoing exploration and corporate initiatives, and is seeking a partner to help develop Sidi Moktar. PMA.VN: 0.015 (-0.005)
PetroMaroc Announces Private Placement
PR Newswire Europe - Wed Nov 26, 8:46PM CST
CALGARY, Alberta, October 30, 2014 /PRNewswire/ --
PMA.VN: 0.015 (-0.005)
PetroMaroc Confirms Significant Natural Gas Potential of the Kechoula Structure Located in the Sidi Moktar Exploration License in Morocco
PR Newswire Europe - Wed Nov 26, 4:44PM CST
CALGARY, Alberta, October 22, 2014 /PRNewswire/ --
PMA.VN: 0.015 (-0.005)
PetroMaroc Completes First Tranche of Non-Brokered Private Placement
PR Newswire - Tue Nov 04, 2:23PM CST
PetroMaroc Corporation plc (TSXV: PMA) (the "Company" or "PetroMaroc"
today announced that it has closed the first tranche of the previously announced non-brokered private placement (the "Private Placement" of units (the "Units" of the Company at a price of $0.15 per Unit raising Cdn $3,000,000. The Units consist of one common share (a "Common Share" of the Company and one-half of a Common Share purchase warrant (a "Warrant". Each whole Warrant is exercisable into one Common Share (a "Warrant Share" for a period of 18 months from closing at $0.30 per Warrant Share, provided that, if, at any time following the date of issuance, the closing price of the Common Shares on the TSX Venture Exchange (the "TSXV" is greater than $0.45 for 30 consecutive trading days, the Company may give notice to the holders of the Warrants that the expiry time of the Warrants has been accelerated and the Warrants will expire on the 20th business day following the date of such notice. Holders of Warrants are restricted from exercising Warrants without the approval of the TSXV if, as a result of exercise, the holder would hold more than 20% of the issued Common Shares of the Company. PMA.VN: 0.015 (-0.005)
