New Stratus Energy Inc. is pleased to announce that further to its news release dated October 20, 2020 , it has closed the previously disclosed transaction with affiliates of Repsol S.A. for the transfer of the shares of Repsol Ecuador S.A. to New Stratus on terms equivalent to those previously disclosed. The Corporation now holds an indirect 35% operated working interest in service contracts for Blocks 16 and 67 in [...]
Certain clarifications have been made at the request of IIROC and the TSXV. New Stratus Energy Inc. is pleased to announce that, further to its news release dated October 20, 2020 , it has received the approvals by the Ministry of Energy and Non-Renewable Natural Resources of Ecuador and the Ecuadorian Antitrust Authority for the transfer of the shares of Repsol Ecuador S.A. to New Stratus . The Corporation has been [...]
New Stratus Energy Inc. is pleased to announce the approvals by the Ministry of Energy and Non-Renewable Natural Resources of Ecuador and the Ecuadorian Antitrust Authority for the transfer of the shares of Repsol Ecuador S.A. to New Stratus . The Corporation has been formally notified of such approvals. Upon completion of the Transaction, the Corporation will hold an indirect 35% operated working interest in service [...]
New Stratus Energy Inc. is pleased to announce that Greg Bay was elected to the Corporation's board of directors at the annual general meeting held on September 16, 2021. Mr. Bay is Managing Partner and Founder of Cypress Capital Management Ltd., a Canadian boutique money manager affiliated with AGF Management Ltd. The Corporation also announces the grant of incentive stock options to acquire a total of 3,500,000 common [...]
New Stratus Energy Inc. is pleased to announce that it has closed the second and final tranche of the previously announced brokered private placement led by Canaccord Genuity Corp. as lead agent and sole bookrunner on behalf of a syndicate of agents comprised of Echelon Wealth Partners Inc. and Paradigm Capital Inc. . Upon closing of the final tranche, the Corporation issued 2,726,377 units of the Corporation at a price [...]
New Stratus Energy Inc. is pleased to announce that it has closed the first tranche of the previously announced brokered private placement led by Canaccord Genuity, as lead agent and sole bookrunner, on behalf of a syndicate of agents comprised of Echelon Wealth Partners Inc. and Paradigm Capital. Upon closing of the first tranche, the Corporation issued 29,464,374 units of the Corporation at a price of $0.30 per Unit [...]
New Stratus Energy Inc. is pleased to announce the appointment of Mr. Wade Felesky as President of the Corporation and a member of the Board of Directors. Mr. Felesky was most recently Head of Investment Banking at Laurentian Bank Securities Inc. and previously Co-Head of Energy Investment Banking at GMP Securities L.P. He has over 25 years of investment banking experience and has been involved as an agent and advisor to [...]
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