Prospera Energy Inc. At the request of IIROC, Prospera wishes to confirm that the Corporation's management is unaware of any material change in the Corporation’s operations that would account for the recent increase in market activity. About Prospera Prospera is a Canadian natural resource company engaged in the acquisition, exploration, development and exploitation of oil and gas properties in Western Canada. For further [...]
Georox Resources Inc. Pursuant to a resolution passed by shareholders on Jun 28, 2018 Georox has changed the name to Prospera Energy Inc. At the opening of trading on July 19, 2018 the common shares of the Corporation will commence trading on the TSX Venture Exchange under the new name, Cusip No. 74360U 10 2 and trading symbol PEI. There will be no consolidation of capital in connection with the change of name. The change [...]
Kelowna, British Columbia - Georox Resources Inc. is pleased to announce that it has appointed several officers and consultants to join its team to manage and develop the recently acquired oil assets. Sarshar Ahmad – Vice President of Exploration and Development Mr Ahmad is an Explorationist with over 20 years of experience in the upstream oil and gas industry. He was an integral part of the exploration and development [...]
Georox Resources is pleased to announce that it has completed its previously announced agreement to acquire certain high working interest producing oil and natural gas interests in Southwest Saskatchewan and Eastern Alberta , from arm's-length private vendors. Georox was Transaction lead, having initiated and concluded arrangements, but was significantly supported by an arm's-length private company participant responsible [...]
Georox Resources is pleased to announce that further to the press release dated March 27, 2018, the Corporation is proceeding with the purchase to acquire certain high-working interest-producing oil and natural gas interests in southwest Saskatchewan and eastern Alberta, from arm's-length vendors. Georox is lead on the transaction, having initiated and concluded arrangements, but is significantly supported by an [...]
Georox Resources has completed its previously announced non-brokered private placement of 18,000,000 common shares on an oversubscribed basis for subscriptions of 19,700,000 common shares. The offering was $0.05 per share for aggregate gross proceeds of $985,000. All securities in the Private Placement will be subject to a four month hold period from closing. The Private Placement proceeds will be used for the payment [...]
Kelowna, British Columbia - Georox Resources Inc. is pleased to announce that further to the press release dated March 27, 2018, the Corporation is proceeding with the purchase to acquire certain high-working interest-producing oil and natural gas interests in southwest Saskatchewan and eastern Alberta, from arm's-length vendors. Georox is lead on the transaction, having initiated and concluded arrangements, but is [...]
Kelowna, British Columbia - Georox Resources Inc. is pleased to announce that it has entered into an asset purchase agreement to acquire certain high working interest producing oil and natural gas interests in Southwest Saskatchewan and Eastern Alberta, from arm's €‘length vendors . Georox is lead on the Transaction, having initiated and concluded arrangements, but is significantly supported by an arm's-length private [...]
Kelowna, British Columbia - Georox Resources Inc. Georox is pleased to announce that the waterflood project at Red Earth, Alberta is near completion. The project was announced in a press release dated September 8, 2017. The waterflood project has the goal to significantly improve the production and netback economics. In addition Georox undertook this project to become fully independent of competing producers and also to [...]
Kelowna, British Columbia - Georox Resources Inc. has amended the terms of its previously announced non-brokered private placement of up to 6 million units at $0.12 cent per unit . Under the amended terms of the Private Placement, and subject to TSXV approval, the Corporation will issue up to seven million units at a price of $0.10 per unit for gross cash proceeds of approximately $700,000 the . Each Unit will consist of [...]
Kelowna, British Columbia - Georox Resources Inc. is seeking to raise up to $744,000 in a non-brokered private placement . Under the proposed terms of the Private Placement, and subject to TSXV approval, the Corporation will issue up to four million units at a price of $0.12 per unit for gross cash proceeds of approximately $504,000 the . Each Unit will consist of one Common Share in the capital of the Corporation and one [...]
Kelowna, British Columbia - Georox Resources Inc. has entered into a Non-Binding Letter of Intent dated December 22, 2017 with an oil and gas exploration and development company to acquire certain oil and gas assets located in a prolific oil producing area in Western Canada. The assets consist of 39,900 acres of mineral rights with 97% oil production with an average working interest of 96.6%. Average daily net production [...]
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