Mcw Energy Grp (MCWEF) 0.1000 $MCWEF
MCW Energy Group Announces Closing of Acquisition of Controlling Stake of E&P Company
Marketwire Canada - Thu Aug 25, 10:49AM CDT
TORONTO, ONTARIO--(Marketwired - Aug 25, 2016) - MCW Energy Group Limited ("MCW"
(TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's oil sands, announces the closing of a previously announced definitive agreement to acquire a controlling interest in a Houston-based, exploration and production (E&P) company, Accord GR Energy, Inc. ("Accord" . Pursuant to the agreement, MCW acquired 57.3% of all issued and outstanding shares of Accord, in consideration for 59,698,300 shares of MCW and warrants to purchase 2,000,000 shares of MCW at US$0.25 per share for three years. The securities issued are subject to a four month hold period from the date of issuance.
MCW.VN: 0.135 (+0.010)
MCW Energy Group Announces Shares for Debt Transactions
Marketwire Canada - Tue Aug 09, 4:32PM CDT
TORONTO, ONTARIO--(Marketwired - Aug 9, 2016) - MCW Energy Group Limited ("MCW" (TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the production of oil from Utah's oil sands and development of environmentally‐friendly oil sands technologies, has entered into three shares for debt agreements, pursuant to which MCW will issue an aggregate of 3,707,248 common shares at a deemed price of $0.15 per share in satisfaction of US$429,444.25 of indebtedness currently owed by its subsidiaries to three lenders. In addition, MCW will issue an aggregate of 967 common shares per day after August 9, 2016 until the date of the closing of these shares for debt transactions in satisfaction of an aggregate of US$112.05 of interest accruing daily.
MCW.VN: 0.135 (+0.010)
MCW Energy Group Announces Amendment of Loan
Marketwired - Fri Jul 29, 2:37PM CDT
TORONTO, ONTARIO--(Marketwired - Jul 29, 2016) - MCW Energy Group Limited ("MCW" (TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's vast oil sands deposits, announces an amendment of the US$3.5 million loan with a private arm's length lender, announced on March 11, 2015, July 29, 2015 and February 24, 2016. Pursuant to the amendment, the loan will be convertible, at the option of the lender, into common shares of MCW at $0.15 at any time prior to the loan repayment date which is February 9, 2017. The amended loan agreement, and any common shares issuable upon conversion of the loan, will be subject to a four month hold period from the date of issuance. The loan amendment is subject to final approval of the TSX Venture Exchange.
MCW.VN: 0.135 (+0.010)
MCW Energy Group Closes Tranche of Financing and Announces Shares for Debt Transactions
Marketwire Canada - Tue Jun 07, 2:43PM CDT
TORONTO, ONTARIO--(Marketwired - Jun 7, 2016) - MCW Energy Group Limited ("MCW" (TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's vast oil sands deposits, announces it has raised gross proceeds of CAD$75,000 through the issuance of 714,285 common shares at a price of $0.105 per share. All shares issued pursuant to the non-brokered private placement are subject to a four month hold period. The proceeds of the financing will used for working capital. Including the shares issued pursuant to the financing there are 130,894,154 common shares issued and outstanding.
MCW.VN: 0.135 (+0.010)
MCW Energy Group's 2,500 BBL/Day Scale-Up Oil Sands Project Validated by Two Independent Feasibility Reports for Cost-Efficiency, Profitability
Marketwired - Tue Jun 07, 6:00AM CDT
TORONTO, ON--(Marketwired - Jun 7, 2016) - MCW Energy Group Limited ("MCW" , (TSX VENTURE: MCW) (http://ir.mcwenergygroup.com/quote-tsx) (OTCQX: MCWEF) (http://irmcwenergygroup.com/quote-otc), a company involved in the development and implementation of oil sands technologies, today announced details of two recently commissioned feasibility reports by independent mining consultants, JT Boyd Company and energy advisory firm, Nexant, Inc., which have confirmed the viability of MCW's plans in order for the Company to move forward with its 2,500 bbl/day scale-up extraction plant project in Utah, now in the funding stage.
MCW.VN: 0.135 (+0.010)
MCW Energy Group to Restart Its Utah Oil Sands Production in June 2016, and Generate Revenue at Sustainable Profit Levels
Marketwire Canada - Thu Jun 02, 4:30AM CDT
TORONTO, ON--(Marketwired - Jun 2, 2016) - MCW Energy Group Limited ("MCW" , (TSX VENTURE: MCW) (OTCQX: MCWEF), a Canadian holding company specializing in the development and commercial implementation of oil sands technologies, through MCW Oil Sands Recovery, LLC, ("MCW Oil Sands" today announced its plans to resume revenue-generating oil production in June of 2016.
MCW.VN: 0.135 (+0.010)
MCW Energy Group in Discussion With Vivakor Inc. to Manage MCW'S Utah Oil Sands Facilities & Ramp up Production
Marketwired - Wed May 18, 9:00AM CDT
TORONTO, ON--(Marketwired - May 18, 2016) - MCW Energy Group Limited ("MCW" , (TSX VENTURE: MCW) (OTCQX: MCWEF), a Canadian holding company involved in the development and implementation of oil sands technologies through MCW Oil Sands Recovery, LLC, ("MCW Oil Sands" , today announced that discussions are currently being held to explore the possibilities of an association with Vivakor Inc., (OTC PINK: VIVK), ("Vivakor" , a Las Vegas-based company involved in environmentally-friendly, high-value natural resources extraction technologies.
MCW.VN: 0.135 (+0.010)
MCW Energy Group Announces Corporate Update & Overview of Several Strategic Partnership Opportunities
Marketwire Canada - Thu May 12, 3:00PM CDT
TORONTO, ON--(Marketwired - May 12, 2016) - MCW Energy Group Limited ("MCW" , (TSX VENTURE: MCW) (OTCQX: MCWEF), a Canadian holding company specializing in the development and commercial application of oil sands technologies ("the Company" through its subsidiary MCW Oil Sands Recovery LLC ("MCW Oil Sands" , today detailed a corporate update by the Company's Chairman, Aleksandr Blyumkin. He commented on MCW's oil sands extraction project in Maeser, Utah, as well as progress achieved on strategic partnership opportunities now being developed by the Company, which may result in the deployment of the Company's environmentally-friendly technologies in a variety of international markets.
MCW.VN: 0.135 (+0.010)
MCW Energy Group Announces Closing of Acquisition of Controlling Stake of E&P Company
Marketwire Canada - Thu Aug 25, 10:49AM CDT
TORONTO, ONTARIO--(Marketwired - Aug 25, 2016) - MCW Energy Group Limited ("MCW"
(TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's oil sands, announces the closing of a previously announced definitive agreement to acquire a controlling interest in a Houston-based, exploration and production (E&P) company, Accord GR Energy, Inc. ("Accord" . Pursuant to the agreement, MCW acquired 57.3% of all issued and outstanding shares of Accord, in consideration for 59,698,300 shares of MCW and warrants to purchase 2,000,000 shares of MCW at US$0.25 per share for three years. The securities issued are subject to a four month hold period from the date of issuance. MCW.VN: 0.135 (+0.010)
MCW Energy Group Announces Shares for Debt Transactions
Marketwire Canada - Tue Aug 09, 4:32PM CDT
TORONTO, ONTARIO--(Marketwired - Aug 9, 2016) - MCW Energy Group Limited ("MCW"
(TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the production of oil from Utah's oil sands and development of environmentally‐friendly oil sands technologies, has entered into three shares for debt agreements, pursuant to which MCW will issue an aggregate of 3,707,248 common shares at a deemed price of $0.15 per share in satisfaction of US$429,444.25 of indebtedness currently owed by its subsidiaries to three lenders. In addition, MCW will issue an aggregate of 967 common shares per day after August 9, 2016 until the date of the closing of these shares for debt transactions in satisfaction of an aggregate of US$112.05 of interest accruing daily. MCW.VN: 0.135 (+0.010)
MCW Energy Group Announces Amendment of Loan
Marketwired - Fri Jul 29, 2:37PM CDT
TORONTO, ONTARIO--(Marketwired - Jul 29, 2016) - MCW Energy Group Limited ("MCW"
(TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's vast oil sands deposits, announces an amendment of the US$3.5 million loan with a private arm's length lender, announced on March 11, 2015, July 29, 2015 and February 24, 2016. Pursuant to the amendment, the loan will be convertible, at the option of the lender, into common shares of MCW at $0.15 at any time prior to the loan repayment date which is February 9, 2017. The amended loan agreement, and any common shares issuable upon conversion of the loan, will be subject to a four month hold period from the date of issuance. The loan amendment is subject to final approval of the TSX Venture Exchange. MCW.VN: 0.135 (+0.010)
MCW Energy Group Closes Tranche of Financing and Announces Shares for Debt Transactions
Marketwire Canada - Tue Jun 07, 2:43PM CDT
TORONTO, ONTARIO--(Marketwired - Jun 7, 2016) - MCW Energy Group Limited ("MCW"
(TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's vast oil sands deposits, announces it has raised gross proceeds of CAD$75,000 through the issuance of 714,285 common shares at a price of $0.105 per share. All shares issued pursuant to the non-brokered private placement are subject to a four month hold period. The proceeds of the financing will used for working capital. Including the shares issued pursuant to the financing there are 130,894,154 common shares issued and outstanding. MCW.VN: 0.135 (+0.010)
MCW Energy Group's 2,500 BBL/Day Scale-Up Oil Sands Project Validated by Two Independent Feasibility Reports for Cost-Efficiency, Profitability
Marketwired - Tue Jun 07, 6:00AM CDT
TORONTO, ON--(Marketwired - Jun 7, 2016) - MCW Energy Group Limited ("MCW"
, (TSX VENTURE: MCW) (http://ir.mcwenergygroup.com/quote-tsx) (OTCQX: MCWEF) (http://irmcwenergygroup.com/quote-otc), a company involved in the development and implementation of oil sands technologies, today announced details of two recently commissioned feasibility reports by independent mining consultants, JT Boyd Company and energy advisory firm, Nexant, Inc., which have confirmed the viability of MCW's plans in order for the Company to move forward with its 2,500 bbl/day scale-up extraction plant project in Utah, now in the funding stage. MCW.VN: 0.135 (+0.010)
MCW Energy Group to Restart Its Utah Oil Sands Production in June 2016, and Generate Revenue at Sustainable Profit Levels
Marketwire Canada - Thu Jun 02, 4:30AM CDT
TORONTO, ON--(Marketwired - Jun 2, 2016) - MCW Energy Group Limited ("MCW"
, (TSX VENTURE: MCW) (OTCQX: MCWEF), a Canadian holding company specializing in the development and commercial implementation of oil sands technologies, through MCW Oil Sands Recovery, LLC, ("MCW Oil Sands" today announced its plans to resume revenue-generating oil production in June of 2016. MCW.VN: 0.135 (+0.010)
MCW Energy Group in Discussion With Vivakor Inc. to Manage MCW'S Utah Oil Sands Facilities & Ramp up Production
Marketwired - Wed May 18, 9:00AM CDT
TORONTO, ON--(Marketwired - May 18, 2016) - MCW Energy Group Limited ("MCW"
, (TSX VENTURE: MCW) (OTCQX: MCWEF), a Canadian holding company involved in the development and implementation of oil sands technologies through MCW Oil Sands Recovery, LLC, ("MCW Oil Sands" , today announced that discussions are currently being held to explore the possibilities of an association with Vivakor Inc., (OTC PINK: VIVK), ("Vivakor" , a Las Vegas-based company involved in environmentally-friendly, high-value natural resources extraction technologies. MCW.VN: 0.135 (+0.010)
MCW Energy Group Announces Corporate Update & Overview of Several Strategic Partnership Opportunities
Marketwire Canada - Thu May 12, 3:00PM CDT
TORONTO, ON--(Marketwired - May 12, 2016) - MCW Energy Group Limited ("MCW"
, (TSX VENTURE: MCW) (OTCQX: MCWEF), a Canadian holding company specializing in the development and commercial application of oil sands technologies ("the Company" through its subsidiary MCW Oil Sands Recovery LLC ("MCW Oil Sands" , today detailed a corporate update by the Company's Chairman, Aleksandr Blyumkin. He commented on MCW's oil sands extraction project in Maeser, Utah, as well as progress achieved on strategic partnership opportunities now being developed by the Company, which may result in the deployment of the Company's environmentally-friendly technologies in a variety of international markets. MCW.VN: 0.135 (+0.010)
