Marksmen Energy Inc.

Marksmen Energy Inc. announces the granting of stock options to purchase 1,030,000 common shares of the Company to directors, officers, employees and consultants subject to regulatory and TSX Venture Exchange approval. The options were issued with an exercise price of $0.10 per share, vest as to one-third immediately and one-third on each of the first and second anniversaries of the grant date and have a five-year term [...]

Marksmen Energy Inc. announces that it has completed the second and final closing of its previously announced non-brokered private placement of units of Marksmen at a price of $0.10 per Unit . The Company issued 865,000 Units under the Second Tranche for gross proceeds of $86,500, bringing the aggregate total under the Offering to 3,880,000 Units, for gross proceeds of $388,000. Each Unit is comprised of one common share [...]

Marksmen Energy Inc. announces that it has completed the first closing of its previously announced non-brokered private placement. The Company issued 3,015,000 units of Marksmen at a price of $0.10 per Unit for aggregate gross proceeds of $301,500 . Each Unit is comprised of one common share and one-half of one share purchase warrant of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share [...]

Marksmen Energy Inc. announces that it plans to complete a non-brokered private placement of up to 4,650,000 units of Marksmen at a price of $0.10 per Unit for aggregate gross proceeds of up to a maximum of $465,000 . There is no minimum Offering. The Units will be comprised of one common share and one-half of one share purchase warrant of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common [...]

Marksmen Energy Inc. announces that it has closed its previously announced non-brokered financing to replace an outstanding debenture by issuing a non-convertible secured debenture in the amount of $1,250,000 and 1,800,000 share purchase warrants of the Company . Each whole Warrant entitles the holder thereof to purchase one common share of the Company for $0.24 per share if the Debenture is paid in full by April 30, 2019 [...]

Marksmen Energy Inc. is a 60% working interest owner in the Leaman #1horizontal well operated by Hocking Hills Energy and Well Services LLC, in Hocking County, Ohio. In a press release dated December 19, 2018, Marksmen announced that a new horizontal/lateral leg paralleling the original well bore was successfully drilled at the Leaman #1 horizontal well. The well has recently been equipped with tanks, a pumping unit [...]

Marksmen Energy Inc. announces that it has reached an agreement in principal to complete a non-brokered private placement of a non-convertible secured debenture for gross proceeds of $1,250,000 and issue 1,800,000 share purchase warrants of the Company . Each whole Warrant entitles the holder thereof to purchase one common share of the Company for $0.24 per share if the Debenture is paid in full by April 30, 2019 and at [...]

Marksmen Energy Inc. is a 60% working interest partner in a Clinton Sandstone Horizontal well drilled in Hocking County, Ohio. The operator of the well is Hocking Hills Energy and Well Services LLC of Ohio. The Leaman #1 CSH well has been drilled and completed with a 12-stage hydraulic fracturing program. The remedial work required due to technical difficulties encountered after the hydraulic fracturing program has now [...]

Marksmen Energy Inc. and its wholly owned subsidiary Marksmen Energy USA, Inc. announces financial results for the three and nine months ended September 30, 2018. The following documents have been filed on SEDAR: Financial Statements Management’s Discussion and Analysis Form 52-109FV2 Certificate of Interim Filings – CEO Form 52-109FV2 Certificate of Interim Filings – CFO These filings may be viewed on [...]

Marksmen Energy Inc. announces the granting of stock options to purchase 1,295,000 common shares of the Company to directors, officers, employees and consultants subject to regulatory and TSX Venture Exchange approval. The options were issued with an exercise price of $0.13 per share, vest as to one-third immediately and one-third on each of the first and second anniversaries of the grant date and have a five year term [...]