CALGARY, ALBERTA--(Marketwired - Apr 11, 2017) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the year ended December 31, 2016. Three Months Ended December 31 (unaudited) Year Ended December 31 Highlights 2016 2015 2016 2015 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue...
CALGARY, ALBERTA--(Marketwired - Mar 20, 2017) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) is pleased to announce that the TSX Venture Exchange (the "TSXV") has accepted the notice filed by the Corporation of its intention to make another normal course issuer bid through the facilities of the TSXV. Pursuant to the notice accepted by the TSXV, the Corporation may, during the period commencing March 24 [...]
CALGARY, ALBERTA--(Marketwired - Mar 15, 2017) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) provides an operations update and presents its 2016 year-end reserves. Traverse's independent reserve report, dated February 21, 2017, was prepared by Sproule Associates Limited ("Sproule") in accordance with National Instrument 51-101 effective December 31, 2016. Operations update In 2016 Traverse reduced [...]
CALGARY, ALBERTA--(Marketwired - Dec 14, 2016) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) announces that it has closed its previously announced private placement (the "Private Placement") of 8 million common shares ("Shares"). The Corporation issued (i) 2.4 million common shares at $0.40 per share ("Common Shares") and (ii) 5.6 million common shares eligible for the renunciation of Canadian exploration [...]
Traverse Energy reports that due to the oversubscription of its previously announced non-brokered private placement, the Corporation is increasing the size of its private placement and will now issue up to 8 million common shares for total gross proceeds of $3,536,000. Of the total number of common shares to be issued by the Corporation (i) up to 2.4 million common shares will be issued at $0.40 per share ("Common [...]
Traverse Energy intends to complete a non-brokered private placement of up to of 5,125,000 common shares of the Corporation for total gross proceeds of $2,245,000. Of the total number of common shares to be issued by the Corporation (i) up to 1,875,000 common shares will be issued at $0.40 per share ("Common Shares"); and (ii) up to 3,250,000 common shares will be issued on a "flow-through" basis eligible for the [...]
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2016) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the nine months ended September 30, 2016. Three months ended Sept. 30, Nine months ended Sept. 30, Highlights (unaudited) 2016 2015 2016 2015 Financial ($ thousands, except per share amounts) ...
CALGARY, ALBERTA--(Marketwired - Aug 15, 2016) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the six months ended June 30, 2016. Three months ended June 30, Six months ended June 30, Highlights (unaudited) 2016 2015 2016 2015 Financial ($ thousands, except ...
CALGARY, ALBERTA--(Marketwired - May 27, 2016) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) announces that it has closed its previously announced brokered private placement (the "Private Placement") of common shares issued as "flow-through shares" (the "Shares") under the Income Tax Act (Canada) (the "Tax Act"). Acumen Capital Finance Partners Limited (the "Agent") acted as the sole and exclusive agent of [...]
CALGARY, ALBERTA--(Marketwired - May 16, 2016) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the three months ended March 31, 2016. Three Months Ended Highlights (unaudited) March 31, 2016 December 31, 2015 March 31, 2015 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue...
CALGARY, ALBERTA--(Marketwired - May 4, 2016) - NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Traverse Energy Ltd. ("Traverse") (TSX VENTURE:TVL) is pleased to announce that it has entered into an agreement with Acumen Capital Finance Partners Limited ("Acumen" or the "Agent"), pursuant to which the Agent has agreed to offer for sale, on a "reasonable commercial efforts", agency basis, a [...]
CALGARY, ALBERTA--(Marketwired - Apr 26, 2016) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) announces that it granted stock options to its directors and officers to purchase 1,250,000 common shares with an exercise price of $0.36 per share and an expiry date 5 years from the date of grant. The options vest immediately upon grant. The total number of options outstanding as of the date hereof is 7,175,000 [...]