Vortex Energy has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 8,281,056 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on March 31, 2025 [...]
Vortex Energy announces, further to its news release dated March 20, 2025, that the consolidation of its common shares on the basis of ten pre-consolidation Common Shares for one post-consolidation Common Share will have a record date of April 1, 2025. The Company currently has 82,810,561 Common Shares issued and outstanding, and following the Consolidation, will have approximately 8,281,056 Common Shares issued and [...]
Vortex Energy announces a proposed consolidation of the common shares of the Company on the basis of ten pre-consolidation Common Shares for one post-consolidation Common Share. The Company currently has 82,810,561 Common Shares issued and outstanding, and following the Consolidation, will have approximately 8,281,056 Common Shares issued and outstanding, prior to rounding of fractional Common Shares. No fractional Common [...]
Vortex Energy is pleased to announce that it has closed its previously announced non-brokered private placement of unsecured convertible debentures of the Company for aggregate gross proceeds to the Company of C$400,000. The Convertible Debentures are denominated in principal amounts of C$1,000 and will mature on Jan 24, 2026. The Convertible Debentures will bear interest at a rate of 10% per annum from the issue date [...]
Vortex Energy is pleased to announce that it intends to complete a non-brokered private placement of unsecured convertible debentures of the Company in an aggregate amount of C$400,000. The Convertible Debentures will be sold in principal amounts of C$1,000 and will mature 12 months from the date of issuance. The Convertible Debentures will bear interest at a rate of 10% per annum, calculated quarterly in arrears and [...]
Vortex Energy Corp. is pleased to announce the completion of core logging and preliminary analysis of samples from Well VW231, part of the Robinsons River Salt Project in Newfoundland. This study was conducted in collaboration with Dr. Hassan Dehghanpour and his research team at the University of Alberta under an NSERC Alliance research partnership, the findings highlight the geological suitability of the site for [...]
Vortex Energy Corp. is pleased to announce the successful completion of a high-resolution UAV magnetic survey at the north block of the Company's Robinsons River Salt Project in southwestern Newfoundland. Conducted by EarthEx Geophysical Solutions, the survey marks the next step in advancing exploration. The UAV survey utilized cutting-edge technology to acquire high-resolution magnetic data across three target areas [...]
Vortex Energy Corp. is pleased to announce its collaboration with the University of Alberta on the research project titled "Assessing and optimizing hydrogen storage in Canadian domal and bedded salts" has received additional funding. The research project aims to improve hydrogen storage efficiency, safety and scalability within Canada's geological formations. The research project has received funding from the Natural [...]
Vortex Energy Corp. is pleased to announce the successful completion of the Phase 1 exploration program on its Fire Eye Uranium Property , located in the Athabasca Basin, Saskatchewan, Canada. The Phase 1 program included ground prospecting, geological mapping, sampling activities, and scintillometer radiometric surveys. This initial phase was designed to follow up on targets identified by the 2022 airborne geophysical [...]
Vortex Energy Corp. is pleased to announce the Company has executed a hydrogen storage research and salt core storage agreement with National Research Canada . Approximately 118 meters of salt core from the VTX-West-23-1 core hole and 279 meters of salt core from the VTX-24-3 core hole will be stored at the NRCan Geological Survey of Canada facility, located in Calgary, Alberta, for a period of two years. Vortex has [...]
Vortex Energy Corp. is pleased to announce the Company intersected visible salt rock at a depth of 327 meters at the Robinsons River Salt Project . A total of two hundred and seventy-nine meters of drill core containing salt rock has been retrieved from the third core well which was drilled to an approximate total depth of seven hundred and thirty-five meters. Forage FTE Drilling drilled the first portion of the well [...]
Vortex Energy Corp. is pleased to announce the completion of the first phase of drilling of the third well at the Robinsons River Salt Project , located near Stephenville, Newfoundland & Labrador, and the commencement of the second phase of drilling. The drilling is being conducted by Forage FTE Drilling and Major Drilling International, Inc. under the support and oversight of the Company's consultant partner, RESPEC [...]
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