CALGARY, ALBERTA--(Marketwired - June 23, 2015) - NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR DISTRIBUTION TO ANY UNITED STATES NEWSWIRE SERVICES Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE:CAC) is pleased to announce the following: Private Placement Financing The terms of the previously announced $15 million Private [...]
Powder Mountain Energy is pleased to announce that it has entered into an arrangement agreement dated June 14, 2015 with Canamax Energy whereby Canamax will acquire all of the issued and outstanding common shares of Powder Mountain for total expected consideration of approximately $27.4 million, payable through the issuance of Canamax common shares [...]
CALGARY, ALBERTA--(Marketwired - June 1, 2015) - NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR DISTRIBUTION TO ANY UNITED STATES NEWSWIRE SERVICES Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE:CAC) is pleased to announce that it has entered into a binding purchase and sale agreement with an intermediate oil and gas [...]
CALGARY, AB--(Marketwired - June 01, 2015) - Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE: CAC) is pleased to announce the Company's financial and operational results for the interim period ended March 31, 2015. Highlights During the three-month period ended March 31, 2015, Canamax continued to execute its operational plan in its [...]
Canamax Energy is pleased to announce the following: Preliminary capital expenditure plan for 2015. Royalty Arrangement for funding of six well drilling program. Operations update
Canamax Energy is pleased to announce results of the Company's recent drilling program as well as an update on the infrastructure build at Flood. Drilling Results During September through early December, Canamax successfully drilled and completed one (net 0.7) horizontal Cardium oil well at Wapiti and six (net 6.0) vertical Montney oil wells at [...]
Canamax is pleased to announce that the Board of Directors of the Company has approved a resolution to grant an aggregate of 500,000 stock options to acquire common shares of the Company pursuant to the Company's Stock Option Plan, of which 225,000 were granted to officers of the Company, 225,000 were granted to certain of the Company's employees [...]
Canamax is pleased to announce the Company's financial and operational results for the second quarter ended August 31, 2014. Canamax exited the second quarter with a net production rate of just under 1,100 boe/d, a 38% increase from the exit rate of approximately 800 boe/d reported at the May 31, 2014 prior quarter end. In addition, the Company's [...]
Canamax Energy is pleased to announce that the Company's board of directors has approved an increased capital expenditure program for the period from June 2014 through to December 31, 2014 to approximately $20.5 million from the previously announced $14.0 million. The increase partially reflects additional drilling at Flood and Retlaw as a result [...]
Canamax is pleased to announce the listing of 7,951,514 common share purchase warrants of the Company on the TSX Venture Exchange. The Warrants will be listed under the symbol CAC.WT and posted for trading starting Tuesday, September 16, 2014. The Warrants were issued pursuant to the previously announced acquisition by the Company of Ki Exploration [...]
Canamax Energy is pleased to announce an update on the public listing of certain of the Company's outstanding common share purchase warrants and the grant of stock options to new employees and one officer.
Canamax Energy is pleased to announce the Company's financial and operational results for the first quarter ended May 31. Canamax exited the first quarter ended May 31 with a net production rate of approximately 820 boe/d and has increased net production to approximately 1,200 boe/d as at late July. As a result of the activities below, the Company [...]