VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 10, 2013) - Petrichor Energy Inc. (TSX VENTURE:PTP)(FRANKFURT:YQN) (the "Company") announces that the drilling of the Hinson #1 well has reached a depth of 4,452 feet (1,357 meters). The Hinson #1 will be drilled to a vertical depth of approximately 5,200 feet (1,585 meters) to test the Caddo Lime, Marble Falls, Barnett shale and Mississippi Lime formations. As previously [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 3, 2013) - Petrichor Energy Inc. (TSX VENTURE:PTP)(FRANKFURT:YQN) (the "Company") announces that a drilling rig has been moved on site and the Hinson #1 well was spud this morning and will be drilled to a depth of approximately 5,200 feet to test the Caddo Lime, Marble Falls, and Mississippi Lime formations. The Hinson #1 is the first of three wells to be drilled on the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 21, 2013) - Petrichor Energy Inc. (TSX VENTURE:PTP)(FRANKFURT:YQN) (the "Company" or "PTP") is pleased to announce that it has acquired an additional 16.67% interest in the Marble Falls Prospect (refer to Press Release October 1, 2013) in Fort Worth, Texas, and now holds a 66.67% Working Interest. Furthermore, the Company announces that the operator, BlakEnergy Ltd., has [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 14, 2013) - Petrichor Energy Inc. (FSE:YQN)(TSX VENTURE:PTP) (the Company or PTP) announces that on November 11, 2013, it received acceptance from the TSX Venture Exchange to close its non-brokered private placement for gross proceeds of $3,602,040 (see news releases dated September 5, 2013 and October 17, 2013). Accordingly, on November 13, 2013, the Company issued a total [...]
etrichor Energy announces that, subject to acceptance by the TSX Venture Exchange (the "Exchange"), it has increased its previously announced non-brokered private placement (refer to Press Release September 5, 2013) to raise gross proceeds of up to $3,600,000 instead of $3,000,000 (the "Private Placement") by the issuance of up to 14,400,000 Units (the "Units") at a price of $0.25 per Unit, each Unit consisting of one [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 1, 2013) - Petrichor Energy Inc. (FRANKFURT:YQN)(TSX VENTURE:PTP) (the "Company") announces that it closed the first tranche of its convertible debenture private placement (the "Private Placement") (refer to Press Releases April 3, 2013, June 7, 2013 and September 5, 2013). In accordance with the provisions of the subscription agreements received, at the closing of the [...]
Petrichor Energy announces that it has negotiated, subject to acceptance by the TSX Venture Exchange, a non-brokered private placement to raise gross proceeds of up to $3,000,000 through the issuance of up to 12,000,000 Units at a price of $0.25 per Unit, each Unit consisting of one common share and one share purchase warrant (the "Warrants"). Each Warrant will entitle the holder thereof to purchase one common share of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/03/13 -- Petrichor Energy Inc. (the "Company") (TSX VENTURE: PTP)(FRANKFURT: YQN) announces the approval and adoption by its Board of Directors of an advance notice policy (the "Policy"). The purpose of the Policy is to provide shareholders, directors and management of Petrichor with a clear framework for nominating directors of the Company. Petrichor is committed to [...]
Further to its news release dated April 3, the Company anticipates closing its previously announced Convertible Debenture financing in or about late June or early July of 2013, subject to satisfaction of certain conditions, including receipt of final acceptance from the TSX Venture Exchange.
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/06/13 -- Petrichor Energy Inc. ("Petrichor" or the "Company") (TSX VENTURE: PTP)(FRANKFURT: YQN) announces that it has entered into an agreement with Transcend Resource Group ("Transcend") to retain their services to handle the Company's investor relations activities for an initial six month term commencing June 1, 2013 and ending November 1, 2013 (the "Initial Term [...]
Petrichor Energy announces that it is negotiating a private placement to raise up to Cdn$6,000,000 through the issuance of convertible debentures, subject to acceptance by the TSX Venture Exchange. Proceeds will be raised by the Company issuing the Debentures in the total principal amount of up to Cdn$6,000,000. Subscribers will have the right to convert the principal amount and any accrued but unpaid interest thereon [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/14/13 -- Petrichor Energy Inc. (the "Company") (TSX VENTURE: PTP)(FRANKFURT: YQN) announces that it wishes to extend the expiry date of the following previously issued Warrants so that they expire on April 3, 2015:
-- Warrants to purchase a total of 2,000,000 common shares of the Company at $0.35 per share, issued April 4, 2011 (see News Release dated April 4 [...]