Silk Energy Limited announces that due to delays caused by the COVID-19 crisis, it continues to rely on the exemption provided in Ontario Instrument 51-502 - Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission to postpone the filing of its interim financial statements for the quarter ended March 31, 2020, as required by section 4.4 of National Instrument 51-102 - Continuous [...]
Silk Energy Limited is pleased to announce it has received approval from the Ministry of Energy of the Republic of Kazakhstan for the transfer of ownership of UnionField Group to the Company's wholly-owned Norwegian subsidiary, Silk Energy AS . The Government Approval was received following delays caused by the global pandemic related to COVID-19 that resulted also in a State of Emergency being declared in Kazakhstan [...]
Silk Energy Limited announces corrections to the Company's news release dated April 27, 2020 . In the April 2020 News Release, the Company announced that it may issue units to brokers and agents who acted as finders of subscribers for the Company's private placement of convertible debentures and private placement of units . On April 29, 2020, the Company granted certain Finders involved in its US dollar convertible [...]
Silk Energy Limited announces that due to delays caused by the COVID-19 crisis, it continues to rely on the exemption provided in Ontario Instrument 51-502 - Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission to postpone the filing of its interim financial statements for the quarter ended March 31, 2020, as required by section 4.4 of National Instrument 51-102 - Continuous [...]
Silk Energy Limited announces the filing of its audited annual financial statements, MD&A and related CEO and CFO certificates for its financial year-ended December 31, 2019. These documents can be found under the Company's SEDAR profile at www.sedar.com. The Company also announces the resignation of director Charles De Chezelles, effective June 11, 2020. The Company wishes to thank Mr. De Chezelles for his contributions [...]
Silk Energy Limited is pleased to provide an update with respect to its CSE listing application, its operations in Kazakhstan and its financing strategies. Conditional Listing Approval On December 9, 2019 the Company was issued a revised conditional approval letter by the Canadian Securities Exchange in respect of the Company's application for listing on the CSE. The revised conditional approval letter replaces the [...]
At the annual and special meeting of shareholders held on April 17, 2019, the shareholders of Silk Energy Limited approved, among other things, the acquisition of all of the issued and outstanding securities in the capital of Silk Energy AS and to change the Company’s name from Inspiration Mining Corp. to Silk Energy Limited. In addition, the Company received shareholder approval for the consolidation of the issued and [...]
Inspiration Mining Corp. is pleased to announce that Silk Energy AS entered into an investment agreement with Global Emerging Markets , an investment group based in Luxembourg. GEM was founded in 1991 and is a USD $3.4 billion investment group having completed 375 transactions in 75 countries. The firm is an alternative investment group that manages a diverse set of investment vehicles across the world. The Agreement is [...]
Inspiration Mining Corp. is pleased to announce that it has rescheduled its annual and special shareholders’ meeting for April 17, 2019 . At the Meeting the shareholders of Inspiration will consider, among other things, the appointment of directors, a special resolution changing the name of the Corporation from its current form to “Silk Energy Limited”, consolidation of the Corporation’s issued and [...]
Inspiration Mining Corp. announces that its previously scheduled shareholder meeting for December 28, 2018 has been rescheduled for February 21, 2019 . At the Meeting the shareholders of Inspiration will consider, among other things, the appointment of directors, a special resolution changing the name of the Corporation from its current form to “Silk Energy Limited ”, consolidation of the Corporation’s [...]
Inspiration Mining Corp. is pleased to announce that, further to its press release of August 7, 2018, it has entered into a share purchase agreement dated October 24, 2018 with the shareholders of Silk Energy AS , an arm’s length party incorporated pursuant to the laws of Norway. Pursuant to the terms of the Agreement, Inspiration will acquire one hundred percent of the issued and outstanding securities of Silk from [...]
Inspiration Mining Corp. is pleased to announce that it has entered into a non-binding letter of intent, dated July 31, 2018, with Silk Energy AS , an arm’s length party incorporated pursuant to the laws of Norway. Pursuant to the terms of the LOI, Inspiration will acquire all of the issued and outstanding securities of Silk for an aggregate purchase price of $25 million . The Purchase Price will be satisfied [...]
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