High North is pleased to announce that it has today successfully closed the previously announced private placement of 7,273,000 common shares issued on a "flow-through" basis under the Income Tax Act at a price of $0.55 per Flow-Through Common Share, for aggregate gross proceeds of $4,000,150. The Flow-Through Common Shares are subject to a hold [...]
High North Resources is pleased to provide an update on the following: High North has executed a non-binding, indicative term sheet dated August 26, 2014 with ATB Financial which provides for the grant to the Company of a reserve based revolving production loan facility of up to $10,000,000. The Revolving Facility is initially capped at $6,000,000 [...]
High North Resources is pleased to announce that it has entered into an agreement with GMP Securities, National Bank Financial, and Integral Capital Markets as co-lead agents and Beacon Securities and with GMP and NBF acting as co-bookrunners for a private placement on a commercially reasonable efforts basis of: up to 11,112,000 common shares in [...]
High North is pleased to provide a general corporate and operational update. High North is pleased to announce Montney oil flowing production rates from the five horizontal wells drilled to-date on its 100 percent owned core area 20.25 contiguous sections at the Girouxville-Mclean property. Since bringing on the Company's first well in mid-January [...]
High North is pleased to provide an operational update. The Company is encouraged by the recovery of hydrocarbons upon completing and testing the two new wells drilled at 8-21-76-21W5M and 8-02-76-21W5M and is moving to install production equipment at both locations. The Company previously announced on March 24, 2014 that it had entered into an [...]
High North is pleased to provide an operational update on its drilling program. The Company's fourth well, 08-21-076-21W5M, located on the northern portion of the Company's Girouxville-Mclean property, has been drilled and stimulated and is derisking five sections of land which Management anticipates will provide 20 to 24 horizontal drilling [...]
High North is pleased to report the appointment of Gabriel Ollivier to the board of directors. Mr. Ollivier brings a wealth of expertise to the Company's board of directors in the areas of economics, finance, and strategic planning. He is currently the President and Chief Executive Officer of Equus Energy Advisors Inc., an energy consulting [...]
High North is pleased to announce the start of their 2014 Montney oil development drilling program at the Company's Girouxville-Mclean property. The Company's fourth well 08-21-076-21W5M, located on the northern portion of the Company's property, commenced drilling on May 22, 2014. The drill location is adjacent to a section of land which a [...]
High North is pleased to announce that San Diego Torrey Hills Capital Inc. has been retained to provide market awareness and investor relations services to the Company. Torrey Hills, based in Rancho Santa Fe, California, is a leading investor relations firm focused on introducing management teams and marketing small and microcap companies to [...]
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