Pieridae Energy Ltd. announced the appointment of KfW IPEX-Bank as an adviser in assisting it to finalize a multibillion USD untied loan guarantee from the German federal government under its UFK program . In 2013, Pieridae received written confirmation on behalf of the German government that its proposed Goldboro LNG facility will qualify in principle under the UFK program for a guarantee of up to USD 3 billion of debt [...]
Alberta, June 28, 2018 -- Pieridae Energy Ltd. announces the reelection of Mr. Myron A. Tetreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Matthew Rees as its directors for the forthcoming year and the election of Mr. Kjell Pedersen as a new independent director. Kjell Pedersen A native of Norway, Mr. Pedersen has 40 years of experience in oil and gas exploration and production in Europe and [...]
Alberta, June 07, 2018 -- Pieridae Energy Ltd. is pleased that the proposed regulations, announced by Minister of Natural Resources, Pierre Moreau, will allow for the exploration and exploitation of hydrocarbons in a large portion of the province of Quebec, particularly in the Gaspésie region. After a preliminary analysis of the elements contained in the Minister’s press release and subject to a more detailed [...]
Alberta, May 23, 2018 -- Pieridae Energy Ltd. is pleased to announce that it has filed its first quarter unaudited condensed interim financial statements and related management’s discussion and analysis for the three months ended March 31, 2018. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. Pieridae's [...]
Alberta, May 08, 2018 -- Pieridae Energy Ltd. announces that in accordance with its Registered Retirement Savings Plan matching policy, Pieridae’s Board of Directors granted, on May 8, 2018, 19,766 common shares of Pieridae Energy Ltd. to 14 of its employees and directors at the price value of $4.90 per share. This policy is intended to encourage Pieridae’s employees to save for their future retirement while [...]
Alberta, May 08, 2018 -- Pieridae Energy Ltd. is pleased to announce it has entered into a term sheet to negotiate a binding liquefied natural gas sale and purchase agreement to supply Canadian-sourced liquefied natural gas to Europe from the Second Train of the Goldboro liquefaction facility in Nova Scotia. Under the term sheet with Pieridae, the offtaker will purchase up to 1 million tonnes per annum of LNG. This [...]
Alberta, May 07, 2018 -- Pieridae Energy Ltd. is pleased to announce it has entered into a term sheet to negotiate a binding liquefied natural gas sale and purchase agreement to supply Canadian-sourced liquefied natural gas to Europe from the Second Train of the Goldboro liquefaction facility in Nova Scotia. Under the term sheet with Pieridae, the offtaker will purchase up to 1 million tonnes per annum of LNG. This [...]
Alberta, March 15, 2018 -- Pieridae Energy Limited is pleased to announce that it has filed its audited annual financial statements and related management’s discussion and analysis for the fiscal year ended December 31, 2017 on the System for Electronic Document Analysis and Retrieval . On October 24, 2017, Pieridae Energy Ltd. and Pétrolia Inc. were amalgamated pursuant to a plan of arrangement effected [...]
Alberta, Feb. 27, 2018 -- Pieridae Energy Limited announced today that it has engaged Morgan Stanley & Co. LLC and SG Americas Securities, LLC to serve as financial advisors for Pieridae Energy’s Goldboro LNG project. Pieridae intends to raise up to US $10 billion in equity and project financing to fulfill its mandate to become the first independently operated integrated LNG project in North America. “We are [...]
Pieridae Energy announces that in accordance with its stock option plan, Pieridae's Board of Directors granted on January 29, 2018, 1,007,400 stock options to 23 of its employees and directors. The price has been set at $ 5.67 per share, and the expiry date for these options is January 28, 2023. About Pieridae Pieridae is a Canadian corporation based in Calgary, Alberta focused on the development of fully integrated [...]
Pieridae Energy Limited is pleased to announce the update of a report prepared by Sproule Associates Limited1 for its Bourque property. The partners on the Bourque project are Pieridae , Ressources Québec and Tugliq. Pieridae is the operator of Bourque and majority owner. This update follows the re-entry drilling of Bourque No. 1 and drilling of a second horizontal well on the same site. Upon completion of the [...]
Pieridae Energy Limited is pleased to announce that further to the completion of the business combination of Pieridae Energy Limited and Pétrolia Inc. by way of plan of arrangement on October 24, 2017 and the satisfaction of the TSX Venture Exchange Inc. listing conditions, it has received confirmation from the TSX Venture that the Final Exchange Bulletin pertaining to this Reverse Take-Over has been issued on [...]