Horizon Petroleum Ltd. announces that the Company's board of directors has approved the grant of stock options exercisable for a total of 1,610,000 common shares of 1,090,000 were granted 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. The Options [...]
Horizon Petroleum Ltd. is pleased to announce that, subject to TSX Venture Exchange acceptance, it has closed the second and final tranche of its upsized, secured, convertible debenture units offering of the company at a price of $1,000 per unit, for aggregate gross proceeds of $1,535,000. 18 investors subscribed for the second tranche financing . Together with the first tranche, total aggregate gross proceeds were [...]
Horizon Petroleum Ltd. is pleased to announce that, subject to TSX Venture Exchange acceptance, it has closed the second and final tranche of its upsized, secured, convertible debenture units offering of the company at a price of $1,000 per unit, for aggregate gross proceeds of $1,535,000. 18 investors subscribed for the second tranche financing . Together with the first tranche, total aggregate gross proceeds were [...]
Horizon Petroleum Ltd. announces that, subject to TSX Venture Exchange acceptance, it has closed the first tranche of its secured convertible debenture units of the company at a price of $1,000 per unit, for aggregate gross proceeds of $2,465,000. 25 investors subscribed for the financing . Dr. David Winter, CEO of the Company commented: "We appreciate the interest and support of our shareholders and key advisors at Leede [...]
Horizon Petroleum Ltd. is pleased to announce an update to its press release dated March 27, 2026. Due to increased investor demand, the Company has increased its private placement by $1 million, up to a maximum of $4,000,000 in the aggregate principal amount of secured convertible debentures at a price of $1,000 per Debenture. The closing date is expected to be on or before April 15, 2026. The proceeds will pay for i [...]
Horizon Petroleum Ltd. is pleased to announce the launch of an additional financing of convertible debentures. The convertible debenture financing takes the form of a private placement offering in the aggregate principal amount up to a maximum of $3,000,000 of secured convertible debentures at a price of $1,000 per Debenture. The closing date is anticipated to be on and before April 15, 2026. Dr. David Winter, CEO of the [...]
Horizon Petroleum Ltd. announces that, subject to TSX Venture Exchange acceptance, it has closed its secured convertible debenture units of the company at a price of $1,000 per unit, for aggregate gross proceeds of $1,213,000. Ten investors subscribed for the financing . Dr. David Winter, CEO of the Company commented: "We are pleased to close this financing to complete the acquisition of the key long-lead time equipment [...]
Horizon Petroleum Ltd. announces a change to the terms of its convertible debenture financing announced on March 17, 2026. The convertible debenture financing takes the form of a private placement offering in the aggregate principal amount of up to $1,215,000 of secured convertible debentures at a price of $1,000 per Debenture. This is an increase from the previous aggregate principal amount of $1,200,000. The Convertible [...]
Horizon Petroleum Ltd. is pleased to announce the launch of a financing of convertible debentures. The convertible debenture financing takes the form of a private placement offering in the aggregate principal amount of up to $1,200,000 of secured convertible debentures at a price of $1,000 per Debenture. The Convertible Debenture will be secured and ranking on default in third position behind the currently issued [...]
Horizon Petroleum Ltd. is pleased to report the appointment of Mr. Trevor Williams, to the Board of Directors of the Company. Trevor Williams is a seasoned executive with over two decades of experience as a manager, entrepreneur, and senior executive, focused on safety, growth, and profitability. His extensive career spans various industries, including agriculture, forestry, oil & gas, and wastewater management, giving [...]
Horizon Petroleum Ltd. On January 8, 2026 the Company announced that, at the request of the Company, the Alberta Securities Commission issued a temporary and voluntary management cease trade order against the Company under NP 12-203 in connection with the Company's delayed filing of its: Annual Audited Financial Statements for the year ended August 31, 2025, and other periodic disclosures as required by section 4.2 [...]
Horizon Petroleum Ltd. announces that, subject to TSX Venture Exchange acceptance, it has closed it's secured convertible debenture units of the company at a price of $1,000 per unit, for aggregate gross proceeds of $200,000. One investor subscribed for the financing . The debentures bear interest from the applicable issuance date at 15% per annum until the date that is 24 months following the closing date with interest [...]
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