CALGARY, ALBERTA--(Marketwired - Apr 15, 2015) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX Venture:TVL) presents financial and operating results for the year ended December 31, 2014. Three Months Ended December 31 (unaudited) Year Ended December 31 Highlights 2014 2013 2014 2013 ...
CALGARY, ALBERTA--(Marketwired - Mar 13, 2015) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents its 2014 year-end reserves. Traverse's independent reserve report was prepared by Sproule Associates Ltd. ("Sproule") in accordance with National Instrument 51-101 with an effective date of December 31, 2014. Highlights The Company share proved reserves increased from the prior year report by 28 [...]
CALGARY, ALBERTA--(Marketwired - Feb 10, 2015) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) announces that the Board of Directors has reviewed and approved a reduction in the 2015 exploration and development program as a result of the current commodity price environment. The exploration and development program for 2015 of $34 million has been reduced to $15 million. The Corporation's drilling program for [...]
CALGARY, ALBERTA--(Marketwired - Dec 1, 2014) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) is pleased to announce that it has successfully closed its previously announced non-brokered private placement (the "Private Placement") to a single investor of 1,300,000 common shares of the Corporation ("Shares") issued on a "flow through" basis eligible for the renunciation of Canadian exploration expenses within [...]
Traverse Energy intends to complete a non-brokered private placement to a single investor of 1,300,000 common shares of the Corporation to be issued on a "flow through" basis eligible for the renunciation of Canadian exploration expenses within the meaning of the Income Tax Act (Canada) at $1.15 per Share for total gross proceeds of $1,495,000. Completion of the Private Placement is subject to certain conditions [...]
CALGARY, ALBERTA--(Marketwired - Nov 13, 2014) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the nine months ended September 30, 2014. Three months ended Sept. 30, ...
CALGARY, ALBERTA--(Marketwired - Aug 14, 2014) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the six months ended June 30, 2014. Three months ended June 30, ...
CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the three months ended March 31, 2014. Three Months Ended Highlights (unaudited) ...
CALGARY, ALBERTA--(Marketwired - Apr 21, 2014) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) announces that it granted stock options to its directors and officers to purchase 975,000 common shares with an exercise price of $0.95 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 6,015,000. The [...]
Traverse presents financial and operating results for the year ended December 31, 2013. Traverse has released the results of an independent reserves evaluation effective December 31, 2013. The report was completed by Sproule Associates Ltd. and was prepared in accordance with National Instrument 51-101. Detailed reserves information is included in Traverse's Annual Information Form for the year ended December 31, 2013 [...]
Traverse today announced that it has closed its previously announced bought deal financing of 14,375,000 common shares of the Corporation, which includes 1,875,000 Common Shares issued pursuant to the exercise in full of the over-allotment option, at a price of $0.80 per Common Share for aggregate gross proceeds of $11,500,000. The Financing was underwritten by Acumen Capital Finance Partners Limited.
Traverse is pleased to announce that it has entered into an agreement with Acumen Capital Finance Partners Limited, pursuant to which Traverse has agreed to issue an aggregate of 12,500,000 common shares at a price of $0.80 per Common Share for total gross proceeds of approximately $10,000,000. In addition, Traverse has granted an over-allotment option to purchase additional Common Shares for additional gross proceeds of [...]
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