Leucrotta Exploration Inc. is pleased to announce it has completed its Annual and Special Meeting with Shareholders approving all resolutions. For more information, a copy of the management information circular dated May 25, 2021 is available on the Corporation's SEDAR profile at www.sedar.com. Leucrotta welcomes newly elected directors Harvey [...]
Leucrotta Exploration Inc. is announcing that it has received notice from the Calgary Petroleum Club, the host venue of its annual and special meeting of holders of voting common shares in the capital of the Company to be held on June 29, 2021 at 10:00 a.m. , that due to ongoing provincial health restrictions resulting from the SARS-CoV-2 novel [...]
Leucrotta Exploration Inc. is pleased to announce that it has closed its non-brokered private placement offering previously announced on June 15, 2021 of 1,870,000 units of the Company at a price of C$0.73 per Unit for gross proceeds of C$1,365,100. Each Unit consisted of one common share issued on a flow-through basis in respect of Canadian [...]
Leucrotta Exploration Inc. is pleased to announce it will commence operations of Phase I of the Mica Pad Development mid-July and should be on production by mid to late October. The first Pad will consist of 4 wells with 3 placed into the Lower Montney and one placed into the Basal Montney. The wells will have horizontal lengths of 2400 metres and [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three months ended March 31, 2021. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Closed a bought-deal public financing issuing 45.2 million units of the Company at a price of $0.73 per Unit for gross proceeds of $33.0 million [...]
Leucrotta Exploration Inc. is pleased to announce its financial and operating results for the three months and year ended December 31, 2020. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended December 31 Year Ended December 31 2020 2019 % Change 2020 2019 % Change Oil and natural gas sales 6,515 [...]
Leucrotta Exploration Inc. is pleased to announce its 2020 year-end reserves as independently evaluated by GLJ Ltd. effective December 31, 2020 , in accordance with National Instrument 51-101 and the Canadian Oil and Gas Evaluation Handbook. All dollar figures are Canadian dollars unless otherwise noted. Introduction During 2020 and early 2021 [...]
Leucrotta Exploration Inc. is pleased to announce that, further to its press release dated March 15, 2021, it has closed the previously announced disposition of 10.25 sections of non-strategic Montney lands , comprising approximately 5% of Leucrotta's Montney land base, for aggregate consideration of $30.0 million. The Company intends to use the [...]
Leucrotta Exploration Inc. is pleased to announce that, further to its press releases dated March 15, 2021 and March 16, 2021, it has closed its previously announced upsized bought-deal financing of 41,096,000 units of the Company at a price of C$0.73 per Unit for gross proceeds to the Company of C$30,000,080. In addition, the syndicate of [...]
Leucrotta Exploration Inc. is pleased to announce that, further to its press release dated March 15, 2021, it has entered into an amended agreement with a syndicate of underwriters amending the terms of its previously announced C$20 million bought deal financing to increase the size of the offering to C$30.0 million . Under the terms of the Upsized [...]
Leucrotta Exploration Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters for a $20.0 million bought deal financing by way of a short form prospectus offering. The Company will be conducting a concurrent non-brokered private placement of $2.0 million flow-through units of the Company. The Company has [...]
Leucrotta Exploration Inc. announces that Josef Vejvoda has made the decision to resign from the Board of Directors to focus on other business commitments. Leucrotta would like to thank Mr. Vejvoda for his contribution over the past year and wish him well in his future endeavours. Leucrotta is pleased to announce that John A. Brussa has been [...]
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