CALGARY, ALBERTA--(Marketwired - Feb 1, 2016) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that it has successfully entered into an amending credit facilities agreement with its bank syndicate. This is a significant milestone towards the completion of the plan of arrangement announced on December 21 [...]
CALGARY, ALBERTA--(Marketwired - Jan 25, 2016) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that it has entered into an extension to the interim forbearance and amending agreement to its credit agreement with its lending syndicate (the "Lenders"). The extension of the forbearance relief from January 22, 2016 to [...]
CALGARY, ALBERTA--(Marketwired - Dec. 24, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that it has entered into an interim forbearance and amending agreement to its credit agreement with its lending syndicate. The lending syndicate has acknowledged the previously announced event of default resulting from the [...]
CALGARY, ALBERTA--(Marketwired - Dec. 21, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with a group of investors based in the People's Republic of China (the "Purchaser") pursuant to which the Purchaser has [...]
CALGARY, ALBERTA--(Marketwired - Nov. 30, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces amendments to our bank credit facilities. Long Run has completed the semi-annual review of our credit facilities with our bank syndicate. The Company's total credit facilities have been amended to $650 million, consisting of [...]
CALGARY, ALBERTA--(Marketwired - Nov. 26, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) has been advised by the escrow agent that it has received the $10 million required to be deposited in escrow by November 30, 2015 in connection with the proposed private placement with Maple Marathon Investments Limited ("Maple [...]
CALGARY, ALBERTA--(Marketwired - Nov 16, 2015) - Long Run Exploration Ltd. (TSX:LRE) ("Long Run" or the "Company") announces financial and operational results for the third quarter of 2015. While 2015 continues to be challenging, Long Run remains on target to meet our annual capital, production and funds flow guidance as a result of our disciplined [...]
CALGARY, ALBERTA--(Marketwired - Nov 9, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that due to current market conditions, Long Run has amended the terms of its previously announced private placement with Maple Marathon Investments Limited ("Maple Marathon") and MIE Holdings Corporation ("MIE") and commenced [...]
CALGARY, ALBERTA--(Marketwired - Oct 20, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that the special meeting of Long Run shareholders initially planned for November 12, 2015 ("Proposed Special Meeting") in connection with the proposed private placement to Maple Marathon Investments Limited ("Maple Marathon [...]
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) was notified by Alliance Pipeline ("Alliance") on August 7, 2015 of an operational event on its system which required suppliers to suspend natural gas injections into its pipeline. Alliance advised Long Run that the shutdown was a [...]
CALGARY, ALBERTA--(Marketwired - Aug 4, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that it has entered into an agreement for a private placement to Maple Marathon Investments Limited for gross proceeds of approximately $200 million. The proceeds from the private placement will be used for debt [...]
CALGARY, ALBERTA--(Marketwired - Jul 29, 2015) - Long Run Exploration Ltd. (TSX:LRE) ("Long Run" or the "Company") announces financial and operational results for the second quarter of 2015. Commodity prices have continued to demonstrate weakness through the second quarter of 2015, however Long Run is committed to our disciplined capital spending [...]