CALGARY, ALBERTA--(Marketwired - Feb 10, 2015) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") today warned shareholders not to fall for a façade presented by dissident shareholder LAIG Oil Investments ("LAIG") in its attempt to take control of Crown Point's Board and the Company itself. Crown Point also sets the record straight with respect to LAIG's inaccurate criticisms and LAIG's misleading claims. "Crown Point is ready to move forward with two new, highly-respected and influential Argentine Board members and with the capital and expertise we need to advance our development and exploration program in Argentina," said Gordon Kettleson, Chairman of Crown Point's Board. "We are confident that we can significantly... [...]
CALGARY, ALBERTA--(Marketwired - Feb 9, 2015) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) announced today that Institutional Shareholder Services Inc. ("ISS") has recommended that its clients vote the WHITE proxy FOR the second tranche financing (the "Second Tranche") with Crown Point's strategic investors (the "Strategic Investors"). ISS also recommended voting AGAINST LAIG Oil [...]
Shareholders Urged to Vote the White Proxy in Support of Second Tranche Financing and Against Dissident Attempt to Take Control of Company CALGARY, ALBERTA--(Marketwired - Feb 6, 2015) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) today advised shareholders to question claims that dissident shareholder LAIG Oil Investments ("LAIG") has made about a closely held company called Hispania [...]
CALGARY, ALBERTA--(Marketwired - Jan 30, 2015) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) today advised shareholders that a Special Committee of the Board has reviewed the purported "binding proposal" for financing (the "Last-Minute Proposal") received from dissident shareholder LAIG Oil Investments ("LAIG") and after careful consideration has determined that it is not a bona fide offer [...]
Shareholders Urged to Vote White Proxy in Support of Second Tranche Financing and Against Dissident Attempt to Take Control of Company CALGARY, ALBERTA--(Marketwired - Jan 26, 2015) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") today advised shareholders to be wary of dissident shareholder LAIG Oil Investments ("LAIG") and its unverified financial capabilities. In light of LAIG's apparent [...]
Shareholders Urged To Vote White Proxy in Support of Second Tranche Financing and Against Dissident Attempt to Take Control of Company CALGARY, ALBERTA--(Marketwired - Jan 23, 2015) - Editor's Note: There is a graphic associated with this press release. Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") today announced that it is filing on SEDAR and is mailing a Letter to Shareholders and [...]
CALGARY, ALBERTA--(Marketwired - Jan 12, 2015) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") today announced positive preliminary results for the second of two oil and gas exploration wells at its 25.78%-owned Tierra del Fuego ("TDF") concessions in Argentina. Crown Point also provided other updates, including that its initial TDF exploration well is on production and that drilling has [...]
CALGARY, ALBERTA--(Marketwired - Jan 5, 2015) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) announced today that it has called a special meeting of shareholders (the "Meeting") for February 24, 2015. The purpose of the Meeting is two-fold: to obtain shareholder approval of a previously disclosed financing, and to respond to a meeting requisition by dissident investor LAIG Oil Investments [...]
CALGARY, ALBERTA--(Marketwired - Dec 22, 2014) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) today responded to misleading comments made by dissident shareholder LAIG Oil Investments ("LAIG") regarding Crown Point and its transformative equity financing (the "Strategic Financing") with two strategic Argentinian investors. "Our Strategic Financing is a transformative move for Crown Point [...]
CALGARY, ALBERTA--(Marketwired - Dec 22, 2014) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") today announced that due to current market conditions it has amended the terms of its previously announced US$15 million private placement of common shares to two new strategic investors, Liminar Energia S.A. and GORC S.A. (the "Investors"). Crown Point also announced that it has closed the first [...]
CALGARY, ALBERTA--(Marketwired - Dec 9, 2014) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) today announced test results for the first of two exploration wells at its 25.78%-owned Tierra del Fuego ("TDF") concessions in Argentina. Crown Point also provided an update on the second exploration well, for which test results are expected by the end of December. "The test of our first exploration [...]
CALGARY, ALBERTA--(Marketwired - Dec 4, 2014) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") announces that in response to a requisition made by LAIG Oil Investments ("LAIG"), Crown Point has called a special meeting of shareholders (the "Special Meeting") to be held on March 24, 2015. Crown Point's Board selected the date for the Special Meeting based on a recommendation from a special [...]
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