Big Sky Petroleum Corporation (TSXV:BSP) announced a restructuring of its share capital and management.
Big Sky Petroleum Corporation (TSXV:BSP) amended the terms of certain warrants that were set to expire on September 30, 2013, and now are set to expire on September 30, 2015.
Saturn Minerals Inc. (TSXV:SMI) amneded an existing letter agreement with Vector Exploration Corp. to a Farm-In Agreement for oil and gas permits EP-71 and EP-72 in Saskatchewan. Upon closing of a definitive Farm-In Agreement, Vector will complete a private placement in the Company of 4,00,000 shares at $0.10 per share for gross proceeds of $400,000.
Surge® Global Energy Inc. (OTCQB:SRGG,OTCBB:SRGG) signed a letter of intent agreement with Amazing Energy Inc. to acquire for stock, the controlling interest in Amazing Energy. Amazing Energy controls approximately 70,000 acres of oil and gas leasehold rights in the Permian Basin, Texas.
CBM Asia Development Corp. (TSXV:TCF,FWB:IY2) announced a non-brokered private placement, in place of the Company’s previously announced private placement on May 9, 2013. The private placement is at a price of $0.10 per share, of up to 50,000,000 shares, for gross proceeds of up to $5,000,000.
Commercial Solutions Inc. (TSX:CSA) announced that Sequeira Partners Inc. will be helping the Company review strategic alternatives as a financial advisor of the Board of Directors. The objective of the strategic review is to explore various options that would potentially enhance shareholder value.
Commercial Solutions Inc. (TSX:CSA) announced its second quarter financial results for the three-month and six-month periods ended March 31, 2013, and reported revenues of $27.8 million.
Big Sky Petroleum Corporation (TSXV:BSP) reported a successful Q1 of 2013 following the acquisition of two lease blocks and test results from drilling at Wolfberry. Big Sky also provided investors with an update on its plans moving forward in 2013, with plans for expanding its projects in 2013 and conducting a leasing program with the Schleicher Prospect are that will target the highly selective areas for future development.
Aroway Energy Inc. (TSXV:ARW,OTCQX:ARWJF) announced its independent reserves evaluation NI 51-101 results on its West Hazel property in Saskatchewan. Highlights include 46.7% Increased Proved reserves to 168,600 bbls (100% oil) and 83.8% Increased Proved plus Probable reserves to 258,300 bbls (100% oil).
CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) is reviewing the $15,000,000 non-brokered private placement that was announced on March 6, 2013. Offers for multi-year financing structures from various investors and oil & gas companies in Indonesia have been received, and the Company is currently evaluating the terms and conditions of the offers.