Not for distribution to U.S. Newswire Services or for dissemination in the United States of America. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws. Horizon Petroleum Ltd. announces a non-brokered private placement for up to 26,666,667 units in the capital of Horizon at a price of $0.15 per Unit for gross proceeds of up to $4,000,000, subject to approval from the TSX [...]
Horizon Petroleum Ltd. is pleased to report the appointment of Mr. John D. Wright, to the Board of Directors of the Company. The Company also reports that Mr. Tan Shern Liang has elected to stand down from the Board for personal reasons with immediate effect. The Board has subsequently appointed Mr. Liang as a Special Advisor to the Board. Mr. Wright has over 40 years of oil and gas and industry experience. He is [...]
Horizon Petroleum Ltd. , is proposing to settle certain outstanding debt to management and fees to directors and third-party invoices for an aggregate amount of CAD$524,000 in exchange for shares of the Company at a price of CAD$0.175 per Common Share. The price was the closing price of Horizon's Common Shares on July 15. The Insider Debt Transaction amounts were a result of deferred salaries of $365,000 since September [...]
Horizon Petroleum Ltd. , is pleased to announce that it has reached an agreement with San Leon Energy on amended terms for the acquisition of its Polish subsidiaries Energia Karpaty Zachodnie Sp. Z.o.o and Energia Karpaty Zachodnie z ograniczona odpowiedzialnoscia Sp.K. that hold the Bielsko-Biala and Cieszyn Concessions. The Company has paid the consideration due, as detailed below, to San Leon Energy who have [...]
Horizon Petroleum Ltd. is pleased to announce the Company has started the civil works to construct the well pad at the Lachowice 7 gas wellsite. The construction of the lease and access road represents the Company's first significant field works to prepare the site for the arrival of the workover rig expected in July. The reactivation of the Lachowice 7 well is a critical first step in our progress toward first production [...]
Horizon Petroleum Ltd. is pleased to provide an operational update on progress toward first production from the early production phase of its cornerstone Lachowice gas development located within the Bielsko-Biala concession in southern Poland. Dr. David Winter, Chief Executive Officer of Horizon, commented: "We are pleased that the contract for construction of the Lachowice 7 well pad has now been finalized, with field [...]
Horizon Petroleum Ltd. , is pleased to announce that further to its press release dated May 11, 2026, it has closed a private placement of Units, . The Company issued 2,728,181 Units at a price of CAD$0.11 for gross proceeds of CAD $300,100. The Units comprised: one common share in the capital of the Company , and one transferable share purchase half warrant entitling the [...]
Horizon Petroleum Ltd. announces that it intends to complete a private placement of Units, . This additional private placement is to accommodate incremental funds that could not be included in the recently closed convertible debenture financing. The Company intends to issue 2,728,181 Units at a price of CAD$0.11 for gross proceeds of CAD $300,100. The Units comprise: one common share in the capital of the [...]
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 [...]
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