Saturn Minerals is pleased to announce that the Company's name will be changed to "Saturn Oil & Gas Inc." The common shares of the Company will commence trading on January 17, 2017 under the existing symbol "SMI" on the TSX Venture Exchange. The Company also confirms that from January 17, 2017, the Company's new ISIN will be CA80412L107 and its CUSIP will be 80412L107. Following this change in ISIN, Saturn shareholders [...]
Saturn Minerals is pleased to announce an extension and increase of its previously announced Private Placement. Based on current acquisition, exploration and development opportunities management of the Company has decided to extend and increase the Private Placement from 10,000,000 Units (the "Units") at a price of CAD $0.10 per Unit for gross proceeds of up to CAD $1,000,000 (one million dollars) to 40,000,000 Units for [...]
Saturn Minerals is pleased to announce that it has made application, with regularity approval pending and expected in due course, to change its name to "Saturn Oil + Gas Inc." The name change was approved by the Board of Directors on November 1st, 2016. The change in name reflects a change in direction for Saturn from a mineral-focused exploration company to one with a strong focus on the acquisition and development of [...]
Saturn Minerals is pleased to announce a private placement of up to 10,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $1,000,000. Each Unit consists of one common share and one-half of a share purchase warrant. Each whole Warrant will entitle the holder to purchase one additional common share, exercisable at a price of $0.15 per share for a period of 18 months from the date of issue of the Warrant [...]
Saturn Minerals is pleased to announce the successful acquisition of 158 sections of Oil & Gas Special Exploration Permits. The acquisition of these additional permit areas are the result of a technical evaluation of drilling programs carried out on the Bannock Creek property which have confirmed Saturn's exploration model of Ordovician Red River source rock with large structural traps north of the Potash
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce that is has received TSX Venture Exchange ("TSXV") approval and completed a flow-through financing as follows: 5,500,000 flow- through units at a price of $0.09 per unit (the "FT Unit"). Each FT Unit consists of one flow-through common share (the "FT Shares [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 25, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce a flow-through financing as follows: 5,500,000 flow-through units at a price of $0.09 per unit (the "FT Unit"). Each FT Unit consists of one flow-through common share (the "FT Shares") and 0.3636 non flow-through share purchase warrants (the "FT Warrants [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") announces that the recently completed drilling programs at its Bannock Creek project has provided data to the Company identifying an area which Saturn has designated as a geographical oil triangle in the Northeastern Williston Basin. "Conventional light oil pools in the Northern [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 29, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") announces that the completions program at its Bannock Creek project has been finalized, a well head has been secured, a packer has been set at the top of the tested zones and that the well has been shut in. All zones of interest were tested and the results of the completions program [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 1, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") reports that completions have begun at its Bannock Creek project in northeastern Saskatchewan where the Company intersected three potential reservoirs within the Red River Formations. A work over rig has been mobilized to the well site and operations are expected to begin today. The [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 16, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") has received oil saturation and porosity results from Core Labs in Estevan, Saskatchewan, from drill core taken from the Company's 9B-5 wildcat well at the Bannock Creek property in northeast Saskatchewan, near the town of Hudson Bay. Saturn has identified a 3.5 meter section of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 9, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce that the Company has made a new oil discovery in three separate potential pay zones at its 100% owned 9A-5-44-8W2 well ("9A-5") on its Bannock Creek project located near the town of Hudson Bay in northeast Saskatchewan. The discovery has been made in [...]