Edge Resources is pleased to announce that it has settled a disputed invoice with a third party, in the amount of $536,000, inclusive of GST. Edge paid no cash to settle the dispute and simultaneously removed approximately $10,000 in associated joint-interest invoices from its accounts payable. The dispute related to production and volume [...]
Edge Resources is pleased to announce that it has closed a private placement for gross proceeds of CDN$500,000 with a new, strategic investor group. The private placement subscription was completed by the Investor Group at a price of $0.08 per share, representing a 10.5% premium to the previous 10 day end-of-day volume weighted average price. A [...]
CALGARY, ALBERTA--(Marketwired - Jan 28, 2015) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(AIM:EDG) is pleased to announce that it has completed its 100% owned and operated water and natural gas handling facility and 6,000 meters of natural gas and water pipelines in Eye Hill East (the "Facility"). Additionally, the Company [...]
CALGARY, ALBERTA--(Marketwired - Jul 24, 2014) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is very pleased to announce that it has entered into a new revolving demand loan facility of up to $17 million (the "Facility") with ATB Corporate Financial Services ("ATB"). This Facility more than doubles the Company's [...]
CALGARY, ALBERTA--(Marketwired - May 8, 2014) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(AIM:EDG) is very pleased to have finalized its year-end NI 51-101 reserve report*, which has resulted in a large increase to its year-end reserves. The Company also provides an operational update. Year End Reserves The value of Edge's [...]
CALGARY, ALBERTA--(Marketwired - Apr 9, 2014) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(AIM:EDG) is very pleased to provide a further update following the Company's operational update released on March 3, 2014. Total field production is currently over 750 boepd and has exceeded this rate since the second week of March [...]
CALGARY, ALBERTA--(Marketwired - Jan 15, 2014) - Edge Resources Inc. ("Edge" or the "Company") (AIM:EDG)(TSX VENTURE:EDE) is pleased to announce that Brad Nichol, President and CEO of Edge, will present at the Proactive Investors One2One Forum in London, UK on Thursday January 16, 2014. Ahead of the investor forum, the Company is required to [...]
CALGARY, ALBERTA--(Marketwired - Dec 18, 2013) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is very pleased to announce that it has successfully drilled and cased four additional wells in Eye Hill, Saskatchewan, with all four wells expected to produce commercial levels of oil. Completion activities have already [...]
CALGARY, ALBERTA--(Marketwired - Dec 4, 2013) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(AIM:EDG) is very pleased to announce that, following from the oversubscribed financing (announced November 18, 2013), it has already secured a drilling rig for a multi- well drilling program in Eye Hill, Saskatchewan. The Company is [...]
CALGARY, ALBERTA--(Marketwired - Nov 18, 2013) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is very pleased to announce that it has closed a financing that has raised CDN$3.5 million (the "Placing") through the issuance of 35,000,006 common shares (the "Placing Shares") with new and existing institutional investors at [...]
CALGARY, ALBERTA--(Marketwired - Nov 18, 2013) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is pleased to report it has once again achieved record operating and financial results, with further improvement upon the record results announced for the quarter ended June 30, 2013 ("Q1 2013"). As expected, following the [...]
CALGARY, ALBERTA--(Marketwired - Oct 29, 2013) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company"), is pleased to provide another production update on its vertical Eye Hill East well and, as a result, the intention to commence a further drilling program. In addition, the Company has renewed its credit facilities (the "Credit [...]
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