Archive for 2009

Gastem closes private placement

Gastem (TSX VENTURE:GMR) reported that the company has closed a $93,005 flow-through private placement for directors, officers and friends equal to 143,085 Units at a price of $0.65 per Flow-Through Unit.

FairWest Energy update

FairWest Energy Corporation (TSX VENTURE:FEC) reported that the TSX Venture Exchange issued a bulletin today granting approval for the listing of the Company’s Common Shares for trading on the TSXV commencing at the opening of market on December 30, 2009.

Trilogy Energy Trust update

Trilogy Energy Trust (TSX:TET.UN) reported that the company has entered into an arrangement agreement with a private corporation providing for an arrangement under the Business Corporations Act and related transactions pursuant to which Trilogy will convert from an income trust to a corporation to be named Trilogy Energy Corp.

US Midwest oil stocks update

On thursday, it was reported that a cut in Canadian crude shipments to the U.S. Midwest has caused in part by a fire-related outage at a Canadian crude upgrader this week. Experts expect that this may help to ease high regional crude stock levels and boost front-month U.S. crude futures.