Horizon Petroleum Ltd. is pleased to announce that 9,160,000 warrants with an exercise price of $0.075 that were due to expire on March 1 and March 28, 2025 have all been exercised. The proceeds from the exercise received by the Company totaled $687,000. The Company now has 55,893,364 common shares outstanding. The company also announces that subject to TSX Venture Exchange acceptance, the Company has entered into a [...]
www.horizon-petroleum.com Horizon Petroleum Ltd. to announce the start of preparatory work at the Lachowice natural gas development in Poland and to confirm its strategy and focus on natural gas development and production in Poland and Europe, Dr. David Winter, CEO of Horizon, stated, "Our goal is to establish a profitable intermediate-sized energy company that produces natural gas to meet Europe's rising demand and [...]
Horizon Petroleum Ltd. , , . Horizon Petroleum Ltd. is pleased to announce that has received its listing on the Tradegate Exchange in Germany and has commenced trading. The new listing will enhance the Company's visibility in Europe and provide european investors greater accessibility to Horizon's shares. It presents the Company with an excellent opportunity to further broaden our shareholder base in Europe.&lrm [...]
Horizon Petroleum Ltd. . Horizon Petroleum Ltd. is pleased to announce it has closed a private placement of Units, with a strategic investor. The Company issued 1,538,500 Units at a price of CAD$0.13 for gross proceeds of CAD $200,005. The Units comprised: one common share in the capital of the Company , and one transferable share purchase warrant entitling the holder [...]
Horizon Petroleum Ltd. is pleased to report an updated reserve and resource report for the Lachowice gas field located in the Bielsko-Biala concession in Poland. The reserves were acquired by its 100% owned Polish subsidiary companies through the recently awarded Bielsko-Biala and Cieszyn concessions in Poland . David Winter, CEO of the Company commented: "We are excited to now be able to assign the 2P reserve and [...]
Horizon Petroleum Ltd. . Horizon Petroleum Ltd. is pleased to announce it intends to complete a private placement of Units, with a strategic investor. The Company intends to issue 1,538,500 Units at a price of CAD$0.13 for gross proceeds of CAD $200,005. The Units comprise: one common share in the capital of the Company , and one transferable share purchase warrant [...]
Horizon Petroleum is pleased to announce that, subject to TSX Venture Exchange acceptance, the Company has entered into a consulting agreement with Plutus Invest and Consulting GmbH , pursuant to which Plutus will provide the Company with marketing and communications services for a six-month term. The services provided by Plutus will be in consulting services with the Company's management relating to advertising [...]
Horizon Petroleum Ltd. . Horizon Petroleum Ltd. is pleased to announce that the Company's board of directors has approved the grant of stock options exercisable for a total of 1,340,000 common shares to its directors and officers. All Options were granted pursuant to the Company's stock option plan and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange.&lrm [...]
Horizon Petroleum is pleased to announce that, further to its news release dated November 8 and November 21, 2024, it has met the requirements to be listed on the TSXV as a Tier 2 Oil and Gas Issuer company. Effective as of November 26, 2024, the Company's listing will be transferred from the NEX to the TSXV. The trading symbol for the Company has changed from HPL.H to HPL. Consequently, a total of 8,609,409 subscription [...]
Horizon Petroleum Ltd. . Horizon Petroleum Ltd. is pleased to announce that its wholly owned Polish subsidiaries have received the final, signed concession agreements for a 100% working interest in the Bielsko-Biala and Cieszyn concessions located in southwest Poland. In connection with the signed concession agreements the Company has also entered into an amendment agreement with San Leon Energy Plc to [...]
Horizon Petroleum is pleased to announce that it has received conditional approval from the TSX Venture Exchange of its reinstatement from the NEX board of the Venture Exchange to Tier 2 of the Venture Exchange as a Tier 2 Oil and Gas Issuer. The reinstatement is subject to certain conditions which the Company must meet, including receiving the final signed concession agreements for the Bielsko-Biala and Cieszyn [...]
Horizon Petroleum Ltd. . Further to its press releases of August 8, 2024, September 18, 2024, and September 26, 2024, Horizon Petroleum Ltd. announces that it has received TSX Venture Exchange approval to increase the size of its non-brokered private placement from $1,000,000 to $1,137,000. The Company has agreed to sell subscription receipts and units , in a non-brokered private placement basis at a price of CA$0.11 [...]