Sure Energy and Tamarack Valley are pleased to announce that, further to their joint news release on August 20, 2013, Sure Energy has completed a bought deal private placement offering of 96,200,000 subscription receipts at a price of $0.26 per Subscription Receipt, for aggregate gross proceeds of $25,012,000. The gross proceeds of the Offering will be held in escrow pending satisfaction of certain conditions, including [...]
Tamarack Valley and Sure Energy are pleased to announce that they have entered into an agreement whereby Tamarack will acquire all of the issued and outstanding shares of Sure Energy. Sure Energy is a public company that has built a significant, Viking focused, land base and development well inventory in the Redwater area of Alberta. Pursuant to the Transaction, Sure Energy shareholders shall receive 0.1050 of a Tamarack [...]
Tamarack Valley has filed its unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2013 and management's discussion and analysis on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with the Financial Statements, which were prepared in accordance with International Financial Reporting Standards ("IFRS"), and the [...]
Tamarack Valley is pleased to provide the following operational and drilling update from its 2013 spring drilling program. On March 9, 2013 Tamarack commenced a three well Cardium drilling program. The first two 100% owned wells in Lochend, Alberta were located at 14-32-26-3 W5M and at 3-29-26-3 W5M. The 3-29 well was stimulated using an 18 stage slick water fracture treatment and the 14-32 well was stimulated with a 21 [...]
Tamarack Valley has filed its unaudited condensed consolidated financial statements for the three months ended March 31, 2013 and management's discussion and analysis on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with the Financial Statements, which were prepared in accordance with International Financial Reporting Standards ("IFRS"), and the related MD&A [...]
Tamarack Valley today announced that its board of directors has approved and adopted amendments to the Company's By-Laws, including introducing an advance notice requirement in connection with shareholders intending to nominate directors in certain circumstances. In particular, the By-Law Amendments set forth a procedure requiring advance notice to the Company by any shareholder who intends to nominate any person for [...]
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