NG Energy International Corp. is pleased to announce that it has been recognized in the 2021 TSX Venture 50® as one of the energy sector's top performing company. The Company ranked number two in the energy sector. NG Energy is featured in a TSX Venture 50® video here: https://youtu.be/phYq5UyBtHc About the TSX Venture 50® The Venture 50®, the Exchange's flagship program, showcases the top performing listed companies from [...]
NG Energy International Corp. is pleased to announce that, based on the decision to re-enter the Istanbul-1 well, the Company has signed a contract with CPVEN for the workover of the Istanbul-1 well located in the Maria Conchita block at La Guajira, Colombia. Under this agreement, the companies will perform a work over in the Istanbul-1 well which is expected to begin in the second half of February 2021. This includes the [...]
NG Energy International Corp. is pleased to announce that it has closed its previously announced bought deal private placement, including the full exercise of the Underwriter's option. A total of 8,510,000 units were sold at a price of C$1.15 per Unit for aggregate gross proceeds of $9,786,500 . The Offering was underwritten by a syndicate of underwriters led by Beacon Securities Limited and included Canaccord Genuity [...]
NG Energy International Corp. , announces that it has amended the terms of its previously announced offering of units of the Company. Under the amended terms of the Offering , Beacon Securities Limited , as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters including Canaccord Genuity Corp. and Eventus Capital Corp. , have agreed to purchase, on a "bought deal" private placement basis, 7,400,000 [...]
NG Energy International Corp. , announces that it has entered into an agreement with Beacon Securities Limited , as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters including Canaccord Genuity Corp. and Eventus Capital Corp. , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 6,100,000 units at a price of $1.15 per Unit for aggregate gross [...]
NG Energy International Corp. NGE's technical team and external consultants recently finalized a study to evaluate the formations in the Maria Conchita field as a whole. This study is based on the results obtained from the re-entry of Archura-1. The geophysics and petrophysics reinterpretation of the area was focused to determine the resources associated with the different prospective areas that existed and the new areas [...]
NG Energy International Corp. is pleased to announce that that it has completed a non-brokered private placement of 4,072,823 units , at a price of C$0.85 per Unit, for gross proceeds of C$3,461,900. Each Unit consists of one common share and one half of a share purchase warrant, with each full warrant entitling the holder to purchase one additional share at a price of C$1.50 until December 29, 2023. All securities issued [...]
NG Energy International Corp. is pleased to announce that that it has completed a non-brokered private placement of 4,072,823 units , at a price of C$0.85 per Unit, for gross proceeds of C$3,461,900. Each Unit consists of one common share and one half of a share purchase warrant, with each full warrant entitling the holder to purchase one additional share at a price of C$1.50 until December 29, 2023. All securities issued [...]
NG Energy International Corp. is pleased to announce that it has entered into the previously announced Memorandum of Understanding with GTX International Corp. pursuant to which GTX has agreed to build and operate the compression facilities and pipeline that will extend from the Company's Maria Conchita field in Colombia to existing national infrastructure. GTX has completed a brokered offering of US$10 million of senior [...]
VANCOUVER, BC, Nov. 25, 2020 /CNW/ - NG Energy International Corp. announces that it has granted an aggregate of 3,900,000 stock options under the Company's stock option plan to directors, officers, employees, consultants of the Company and charities with an exercise price of C$1.00 per stock option, exercisable for a period of ten years from the date of grant. All of the above is subject to approval of the TSX Venture [...]
NGX Energy International Corp. announces that effective at the market open on November 16, 2020, the Company will change its name to "NG Energy International Corp." The new CUSIP number for the renamed company's shares is 62931J102 and the new ISIN number is CA62931J1021. The new CUSIP number for its warrants is 62931J110 and the new ISIN number is CA62931J1104. Further to the Company's press release dated October 6 [...]
NGX Energy International Corp. is pleased to announce that it has received a binding commercial offer from CPVEN to develop the wells planned for SN-9's wells, the Company's 311,353 acre project located in the Lower Magdalena Basin of Colombia, which is a prolific hydrocarbon producing region near the Caribbean coast. The Binding Offer has been made under Colombian commercial legal regulations. Under the Binding Offer [...]
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