Tuktu Resources Ltd.

Tuktu Resources Ltd. announces the expiry of the private placement financings previously announced in its October 18, 2023 press release as the Financings were not completed within the timelines prescribed by Part 5A of National Instrument 45-106 - Prospectus and Registration Exemptions and the policies of the TSX Venture Exchange . The Company continues to diligently pursue alternatives to fund the interim purchase price [...]

Tuktu Resources Ltd. is pleased to announce that on October 17, 2023 it entered into a purchase and sale agreement with an arm's length company to purchase certain oil assets located in southern Alberta from the Vendor . In connection with the Acquisition, the Company entered into an engagement agreement with Research Capital Corporation, as the sole agent and sole bookrunner , on a commercially reasonable efforts basis [...]

Tuktu Resources Ltd. is pleased to announce the closing of the sale of 90% of its interest in the Isintok Property to Cascade Copper Corp., as previously announced on September 28, 2023. About Tuktu Resources Ltd. Tuktu is an Alberta corporation whose common shares are currently listed on the TSXV under the trading symbol "TUK". For additional information about Tuktu please contact: Tuktu Resources Ltd. 501, 888 - 4th [...]

Tuktu Resources Ltd. is pleased to announce that on September 28, 2023, the Company entered into a mining claims purchase and sale agreement to sell 90% of its interest in the Isintok Property to Cascade Copper Corp. . The Transaction is subject to applicable regulatory approvals, including the approval of the Canadian Securities Exchange . The outstanding common shares of Cascade are listed for trading on the CSE. Total [...]

Tuktu Resources Ltd. is pleased to announce the closing of the acquisition of assets owned and operated by an arm's length public company in the southern Alberta Foothills , as previously announced in a press release on March 21, 2023. As consideration for the Assets, Tuktu paid $2.25 million in cash prior to customary purchase price adjustments. The Company is also pleased to announce the appointment of Kathleen Dixon [...]

Tuktu Resources Ltd. is pleased to announce that on March 20, 2023, the Company entered into a purchase and sale agreement with an arm's length publicly traded company to purchase certain natural gas assets in the southern Alberta Foothills . Tuktu has agreed to purchase the Assets for an aggregate purchase price of $2.25 million , subject to customary adjustments, with an effective date of January 1, 2023. The Purchase [...]

Tuktu Resources Ltd. is pleased to announce the closing of the acquisition of assets owned and operated by an arm's length private company in the southern Alberta Foothills as previously announced in a press release on December 8, 2022. As consideration for the Assets, Tuktu issued 10 million units of the Company , which Units are comprised of one common share of the Company and one purchase warrant . The Units were [...]

Tuktu Resources Ltd. is pleased to announce the appointment of Sumir Saini as Vice President Land and Business Development. Mr. Saini has almost two decades of oil and gas experience in various leadership, land and business development-related roles, most recently as the President of Empire Oil Corp. Previously, Mr. Saini was Vice President, Land at Mount Bastion Oil & Gas Corp. and prior thereto, held a variety of roles [...]

Tuktu Resources is pleased to announce that on Dec 8, 2022 it signed a purchase and sale agreement with an arm's length private company to purchase certain oil and gas assets in the southern Alberta Foothills. Tuktu has agreed to purchase the Assets for an aggregate purchase price of $1.3 million with an effective date that will coincide with closing. The Acquisition is expected to close early Q1 2023, pending [...]

Tuktu Resources Ltd. is saddened to announce the passing of its founder, long time board member and significant shareholder, Mr. Gordon Dixon, K.C. Mr. Dixon has been with the Company since 1995 and was instrumental in the Company's recent recapitalization transaction that was completed earlier this year. "On behalf of the Company and our Board of Directors, we extend our deepest condolescences to Mr. Dixon's family and [...]