M Pharmaceutical announces that it has changed its name to M Pharmaceutical Inc. in conjunction with its decision to pursue interests in pharmaceuticals and biomedical devices. The Company has signed an arms-length binding letter of intent with M Diagnostics Inc., a Calgary company that holds the rights to a biomedical device that the Company will [...]
First Sahara announces that it is undertaking a non-brokered private placement of up to $400,000 through the issuance of up to 13,333,333 units at $0.03 per unit. Each unit consists of one common share in the capital of the Company and one Common Share purchase warrant entitling the holder to purchase one additional Common Share for $0.05 for a [...]
First Sahara Energy announces that it intends to file amended and restated financial statements and revised management discussion and analysis of financial condition and results of operations for the year ended December 31, 2013. The Amended Financial Statements and the Revised MD&A include amendment to entries relating to the Company's exploration [...]
First Sahara Energy is pleased to announce that Maxim Resources has successfully acquired the full interest in the Company's rights to a reconnaissance contract on the Beni Znassen Block in the Kingdom of Morocco. According to a press release dated June 23, Maxim reported that it has officially signed a reconnaissance contract for the Hassi Berkane [...]
First Sahara Energy announces that the Company has entered into a Heads of Agreement with Maxim Resources Inc., whereby Maxim will acquire the Company's interest in the Reconnaissance Contract on the Beni Znassen Block in the Kingdom of Morocco. Maxim will acquire a 100% interest in the Beni Znassen property and upon completion of the [...]
First Sahara Energy announces that it is undertaking a non-brokered private placement of up to $1,000,000 by the issue of up to 50,000,000 million units at $0.02 per unit. Each unit consists of one common share and one common share purchase warrant entitling the holder to purchase one additional common share for $0.05 for 2 years. The Company may [...]
First Sahara announces that, subject to regulatory approval, Mr. David Lane, of Vancouver BC, has been appointed President and CEO. Mr. Lane has significant experience with both public and private companies across multiple industries. The Company thanks Mr. David Stadnyk, who is resigning to focus on his other business interests, for his past [...]
First Sahara Energy announces the immediate appointment of Mr. Scott Lower, of Vancouver, BC to its Board of Directors, subject to regulatory approval. Mr. Lower is a CPA with twenty years of business experience in public and private businesses, including management, finance and audit. Mr. Lower holds a Bachelor of Business degree from Simon Fraser [...]
First Sahara Energy is pleased to announce that John Duckett has been appointed to the company's Board of Directors. Dr. Duckett (Ph.D 1976) is a Professional Engineer with 35 years of petroleum engineering and management experience in the oil and gas industry, having worked domestically and internationally on exploration and production operations [...]
First Sahara Energy announced today that it is conducting a non-brokered private placement financing to raise up to $2,000,000. The financing will be raised through a combination of the following offerings: Up to 20 million Units @ $0.05 per unit. Each Unit consists of one common share and one common share purchase warrant. Each warrant is [...]
First Sahara Energy announced today that it has signed a Letter of Intent with Liberty Oil & Gas, a private Calgary-based company, to farm in on Liberty's Ordovician aged Black River oil and gas prospect at Dover East near Chatham in southwestern Ontario. The LOI is subject to a number of conditions, including successful financing, and is expected [...]
First Sahara Energy reports that it intends to spin out its mineral properties to all its shareholders in the form of another publicly traded company in Q1 of 2014. This arrangement will be subject to regulatory and shareholder approval. Details will be forthcoming in January, 2014.