Pine Cliff Energy Ltd. Announces Graduation to Toronto Stock Exchange
Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that it has received final approval to list the Company's common shares (the "Common Shares") on the Toronto Stock Exchange (the "TSX").
Pine Cliff Energy Ltd. Announces More Than 120% Increase in 2015 Year-End Reserves
Pine Cliff is pleased to report significant increases in its reserve base in 2015. The increases are mainly a result of the acquisition of certain liquids rich natural gas assets in the McLeod area of Alberta in June 2015 and certain natural gas assets in Central Alberta in December 2015.
Pine Cliff Energy Ltd. Announces Closing of $185 Million Strategic Acquisition, Credit Facility Increase, TSX Listing Application and 2016 Guidance
Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that its previously announced acquisition of certain natural gas weighted assets (the "Assets") in the Viking area of Central Alberta and Ghost Pine area of Central Alberta for cash consideration of $185 million, prior to any adjustments and rights of first refusal (the "Acquisition"), has now closed.
Pine Cliff Energy Ltd. Completes $3 Million Private Placement
Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that it has closed its previously announced non-brokered private placement of common shares (the "Private Placement") to some of its directors, officers, employees and certain consultants
Pine Cliff Energy Ltd. Completes $69 Million Subscription Receipt Offering
Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that it has closed its previously announced short form prospectus offering (the "Offering"). The Company issued 63.9 million subscription receipts (the "Subscription Receipts"), including 8.3 million Subscription Receipts pursuant to the exercise of the over-allotment option granted to the Underwriters (as defined herein), at a price of $1.08 per Subscription Receipt (the "Offering Price") for gross proceeds of $69 million.
Pine Cliff Energy Ltd. Grants Stock Options
Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) announces that it has granted an aggregate of 5,428,400 stock options to its directors, officers, employees and certain service providers, of which 2,618,000 were granted to its directors and officers.
Pine Cliff Energy Ltd. Announces Its Third Quarter 2015 Results and Provides Management Update
Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce its third quarter financial and operating results. Included in the filings were Pine Cliff's condensed consolidated interim financial statements and related management's discussion and analysis for the period ended September 30, 2015 (the "Q3-Report").
Pine Cliff Energy Ltd. Announces Its Second Quarter 2015 Results
Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce its second quarter financial and operating results. Included in the filings were Pine Cliff's condensed consolidated interim financial statements and related management's discussion and analysis for the period ended June 30, 2015 (the "Q2-Report").
Pine Cliff Announces $70 Million Syndicated Credit Facilities
Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that the Company has entered into a $70.0 million syndicated credit facility (the "Syndicated Facility") with a syndicate of three Canadian Chartered banks, of which $47.6 million is drawn (current net debt is approximately $40.0 million).
Pine Cliff Energy Ltd. Provides Operational and Management Update and Provides 2015 Guidance
Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to provide an operations and management update and announce its 2015 guidance.