Canamax Energy and Powder Mountain Energy are pleased to announce the completion of the acquisition by Canamax of all of the issued and outstanding common shares of Powder by way of a previously announced plan of arrangement under the Business Corporations Act (Alberta). With the completion of both the Arrangement and the previously announced [...]
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 [...]
Powder Mountain Energy is pleased to announce that it has filed its Condensed Consolidated Interim Financial Statements and the related management's discussion and analysis for the three and six months ended March 31, 2015 on the System for Electronic Document Analysis and Retrieval ("SEDAR"). Copies of these documents can be found on the SEDAR [...]
Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain” or the “Corporation”) (TSX-V: PDM) is pleased to provide the following operations update to its’ drilling program in the Hardy and Coteau Lake areas of southeast Saskatchewan. Operations Update During November, 2014 through January, 2015 the Corporation drilled, completed [...]
Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain” or the “Corporation”) (TSX-V: PDM) is pleased to announce that it has filed its Condensed Consolidated Interim Financial Statements and the related management's discussion and analysis for the three months ended December 31, 2014 on the System for Electronic Document [...]
Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain” or the “Corporation”) (TSX-V: PDM) is pleased to announce that it has filed its Audited Consolidated Annual Financial Statements, the related management's discussion and analysis and the NI 51-101 Statement of Reserves Data for the twelve months ended September 30, 2014 on [...]
Powder Mountain Energy is pleased to announce that the board of directors of the Corporation has approved a capital budget of $9.1 million until the end of 2014. The Board has also approved the drilling of two Bakken horizontal wells on Powder Mountain’s property in the Hardy and Coteau areas of SE Saskatchewan and the funding of further 2D and 3D [...]
Powder Mountain Energy announces that it has received notice that Daniel Tiberio, Chief Operating Officer of Powder Mountain, will be selling up to 50,000 Common Shares of Powder Mountain to facilitate settlement of matrimonial matters. Following the sale, Mr. Tiberio will have an interest in 275,085 Common Shares. Mr. Tiberio has advised that the [...]
Powder Mountain Energy is pleased to announce that it has filed its Unaudited Condensed Consolidated Interim Financial Statements and the related management's discussion and analysis for the three and nine months ended June 30, 2014 on the System for Electronic Document Analysis and Retrieval. Copies of these documents can be found on the SEDAR [...]
Powder Mountain Energy Ltd. Announces Grant of Stock Options Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain”) (TSX-V: PDM) is pleased to announce that the board of directors has approved the grant of 4,195,000 stock options, of which 4,165,000 were granted to directors and officers, with the balance granted to [...]
Powder Mountain Energy Ltd. Announces Closing of Sale of Non-Core Wyoming Assets Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain”) (TSX-V: PDM) is pleased to announce that it has closed the previously announced agreement to sell certain of its non-core properties in Wyoming to an arm’s length third party for [...]
Powder Mountain Energy Ltd. Announces Closing of Sale of Non-Core Wyoming Assets Calgary, Alberta (FSCwire) - Powder Mountain Energy Ltd. (“Powder Mountain”) (TSX-V: PDM) is pleased to announce that it has closed the previously announced agreement to sell certain of its non-core properties in Wyoming to an arm’s length third party for [...]