Arrow Exploration Corp. announces a proposed non-brokered private placement of 13,000,000 common shares of the Company at a price of $0.025 per share for gross proceeds of $325,000. The private placement will be subscribed for by certain insiders of the Company in an amount of $100,000 each, and a consultant to the Company in an amount of $25,000. The Company has agreed to provide a loan of $100,000 to each of the [...]
Arrow Exploration is pleased to provide the following corporate update. Appointment of Joe McFarlane as CFO Joe McFarlane has been appointed to the position of Chief Financial Officer of the Company, effective April 24th, 2020. Mr. McFarlane was previously appointed as the Arrow’s VP, Finance, as announced by the Company on April 15th, 2020. Mr. McFarlane is a highly accomplished oil & gas finance executive, having helped [...]
Arrow Exploration Corp. is pleased to report the appointment of a new leadership team, an update on its board of directors, and its 2019 year-end reserves in Colombia and Canada. New Leadership and Board Update The Company is pleased to report the appointment of Marshall Abbott as Chief Executive Officer and Director, Joe McFarlane as Vice President, Finance, and P. Gage Jull as Executive Chairman. The new leadership [...]
Arrow Exploration Corp. is pleased to announce that at the annual general and special meeting held in Calgary, Alberta on March 19, 2020 holders of common shares of Arrow: elected Tim De Freitas, Gustavo Dajer, Ravi Sharma, Juan Carlos Salazar, Brian Hearst, Gage Jull and Anthony Zaidi to the Board of Directors; re-appointed Deloitte LLP, as Arrow's auditors; approved the stock option plan [...]
Arrow Exploration Corp. is pleased to report the proxy tabulation results from Computershare Trust in connection with it its Annual General and Special Meeting to be held on March 19, 2020 . The Cut Off Tabulation is not the final tabulation for the voting results of the Meeting but is the result of the tabulation of all the properly submitted proxies by shareholders in advance of the proxy cut off time. These votes are [...]
Arrow Exploration Corp. received an originating application on Monday March 2, 2020 from John Newman, CFO of Arrow, as the applicant. The Application names Ravi Sharma, Juan Carlos Salazar, Luis Baena, Anthony Zaidi, Tim De Freitas, Gustavo Antonio Dajer Barguil, Brian Hearst , Canacol Energy Ltd. and Arrow as respondents. Mr. Newman seeks the following : Adjourning the March 19, 2020 Arrow AGM to a date fixed by the [...]
Arrow Exploration Corp. announced today that Messrs. Tim de Freitas, Gustavo Antonio Dajer Barguil and Brian Hearst, have been appointed to the Board of Directors of the Company. Mr. de Freitas has over 25 years of experience, including 18 years in Canadian and international Foothills. Mr. de Freitas was a co-founder, and CEO of Ikkuma Energy in 2014 and grew that company from 0 to 20,000 BOE/d prior to the merger with [...]
Arrow Exploration Corp. announces that Mr. James McFarland and Mr. Steven Smith have resigned from its Board of Directors, and that Ms. Adrienne O’Reilly has resigned as Corporate Secretary. Mr. Zaidi, Chairman, said, “The Board is grateful for the valuable contributions that Mr. McFarland, Mr. Smith and Ms. O’Reilly have made to the Board of Directors since September 2018, and wish each of them all the [...]
Arrow Exploration Corp. announces that Mr. Dominic Dacosta has resigned from its Board of Directors given growing business commitments outside of Arrow. The Board recently accepted Mr. Dacosta’s resignation as Chairman as announced on January 16, 2020 and has now also accepted his resignation from the Board of Directors effective immediately. Mr. Zaidi, Chairman, said, “The Board is grateful for the valuable [...]
Arrow Exploration Corp. announces that Mr. Dominic Dacosta has resigned from the role of Chairman of the Company given growing business commitments outside of Arrow, but will continue to serve on the Board of Directors. The Board has accepted Mr. Dacosta’s resignation as Chairman and has approved the appointment of Mr. Anthony Zaidi as Chairman of the Board of Directors effective immediately. Mr. Zaidi is also the [...]
Arrow Exploration Corp. is pleased to announce that it has successfully negotiated an amendment and extension to its US$5 million promissory note with Canacol Energy Ltd. . Under terms of the Amended Note, Arrow has agreed to appoint Mr. Anthony Zaidi, VP of Business Development and General Counsel at Canacol, to the Board of Directors of Arrow to fill an existing vacancy, subject to regulatory approvals including the TSX [...]
Arrow Exploration Corp. announces that the Board of Directors has appointed Mr. Felix Betancourt as Interim Chief Executive Officer, based in Bogota Colombia, effective immediately. The appointment of Mr. Betancourt remains subject to receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange. Mr. Betancourt is a former senior executive of both Canacol Energy Ltd. and Ecopetrol S.A [...]