Highwood Asset Management is pleased to announce an operational update, including its inaugural multi-lateral open hole well result, and to reiterate its 2024 guidance. Highwood anticipates allocating its organic free cash flow after sustaining capital on a 50:50 basis to support organic production growth of approximately 25% while also expecting to reduce Net Debt by approximately 25%, achieving Net Debt / 2024E EBITDA [...]
Highwood Asset Management Ltd., is pleased to announce financial and operating results for the three and six months ended June 30, 2023. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis for the period ended June 30, 2023, can be found at www.sedarplus.ca and www.highwoodmgmt.com. Highlights The focus of the second quarter of 2023 for the Company was on [...]
VANCOUVER, BC, Aug. 3, 2023 /CNW/ - Trading resumes in: Company: Highwood Asset Management Ltd. TSX-Venture Symbol: HAM All Issues: No Resumption : 2:30 PM At the open CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all [...]
Highwood Asset Management Ltd. is pleased to announce that, further to the Company's press releases dated July 5, 2023, July 10, 2023, and July 27, 2023 it has completed the acquisitions of each of Castlegate Energy Ltd. , Boulder Energy Ltd. and Shale Petroleum Ltd. . The cash portion of the purchase price was funded through the net proceeds of the Company's previously ?announced $35 million equity financing , which [...]
VANCOUVER, BC, Aug. 3, 2023 /CNW/ - The following issues have been halted by CIRO Company: Highwood Asset Management Ltd. TSX-Venture Symbol: HAM All Issues: Yes Reason: Pending News Halt Time : 9:38 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
VANCOUVER, BC, Aug. 3, 2023 /CNW/ - The following issues have been halted by CIRO Company: Highwood Asset Management Ltd. TSX-Venture Symbol: HAM.R All Issues: No Reason: Pending Delisting Halt Time : 7:03 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Highwood Asset Management Ltd. is pleased to announce that, further to the Company's July 27, 2023 news release, the Subscription Receipts will be listed for trading on the TSX Venture Exchange under the symbol "HAM.R" effective as of the opening of markets on August 1, 2023. On July 27, 2023, the Company closed its previously announced ?"best efforts" marketed offering of subscription receipts . Pursuant to the Offering [...]
Highwood Asset Management Ltd. is pleased to announce that, further to the Company's press releases dated July 5, 2023 and July 10, 2023, it has closed its previously announced ?"best efforts" marketed offering of subscription receipts . Pursuant to the Offering, the Company issued and sold a total of 5,833,333 subscription receipts at a price of $6.00 per Subscription Receipt for gross proceeds of approximately [...]
Highwood Asset Management Ltd. is pleased to announce that in connection with its previously announced "best efforts" marketed offering of subscription receipts , it has entered into an agency agreement with a syndicate of agents led by RBC ?Dominion Securities Inc., Echelon Wealth Partners Inc. and Raymond James Ltd. to sell ?5,833,333 ?Subscription Receipts at a price of $6.00 per Subscription Receipt for gross proceeds [...]
VANCOUVER, BC, July 6, 2023 /CNW/ - Trading resumes in: Company: Highwood Asset Management Ltd. TSX-Venture Symbol: HAM All Issues: Yes Resumption : 10:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers [...]
VANCOUVER, BC, July 5, 2023 /CNW/ - The following issues have been halted by CIRO Company: Highwood Asset Management Ltd. TSX-Venture Symbol: HAM All Issues: Yes Reason: Pending News Halt Time : 9:02 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Highwood Asset Management Ltd. is pleased to announce that it has entered into arm's-length agreements to acquire each of Castlegate Energy Ltd. , Boulder Energy Ltd. and Shale Petroleum Ltd. for a net purchase price of approximately $139 million. The cash portion of the Acquisitions is anticipated to be funded primarily through a "best efforts" marketed offering of subscription receipts ?expected to raise aggregate gross [...]