Lotus Creek Exploration Inc. Announces First Quarter 2025 Operating Results
Calgary, Alberta--(Newsfile Corp. - May 14, 2025) - Lotus Creek Exploration Inc. ("Lotus Creek" or the "Company") (TSXV: LTC) is pleased to provide the following first quarter operating results to shareholders. Lotus Creek's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2025 are available for review on Lotus Creek's website at www.lotuscreek.ca and on www.sedarplus.ca. QUARTERLY HIGHLIGHTSOn February 5, 2025, Lotus Creek, Gear Energy Ltd. ("Gear") and an unrelated third-party...
2025-05-14 5:08 PM EDT
Lotus Creek Exploration Inc. Announces Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - March 6, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company")announces that as pursuant to the Company's terms and conditions of its stock option plan, the Lotus Creek Board of Directors has approved the grant of 1,667,553 stock options to certain Directors and Officers. The stock options expire 30 business days following the date of vesting of the grant and are exercisable at a price of $1.34 per common share. The...
2025-03-06 8:00 AM EST
Lotus Creek Exploration Inc. Announces Chief Financial Officer Retirement and Appointment of Interim Chief Financial Officer
Calgary, Alberta--(Newsfile Corp. - March 3, 2025) - Lotus Creek Exploration Inc. ("Lotus Creek" or the "Company") (TSXV: LTC) announces that David Hwang has retired from his role as Vice-President, Finance and Chief Financial Officer ("CFO") of the Company effective February 28, 2025. The Company is also pleased to announce that Mitchell Harris, who is currently the Controller of the Company, will assume the role of Interim CFO effective immediately. Mr. Hwang has served as the CFO of the Company...
2025-03-03 8:00 AM EST
Lotus Creek Exploration Inc. Announces Listing on TSX Venture Exchange
Calgary, Alberta--(Newsfile Corp. - February 11, 2025) - Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek" or the "Company") is pleased to announce that it has received final approval from the TSX Venture Exchange (the "TSXV") to list the common shares of Lotus Creek (the "Lotus Creek Shares") on the TSXV as a Tier 1 Oil and Gas Issuer. Trading in respect of the Lotus Creek Shares will commence at market open on February 11, 2025, under the symbol...
2025-02-11 8:01 AM EST
Gear Energy Ltd. Announces Completion of Previously Announced Plan of Arrangement and Transfer of Assets to Newly Formed Lotus Creek Exploration Inc.
Calgary, Alberta--(Newsfile Corp. - February 5, 2025) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") and Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek") are pleased to announce the completion of the acquisition by a large publicly traded company of all of the outstanding common shares of Gear (the "Gear Shares") pursuant to its previously announced plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Arrangement") including all of Gear's heavy oil...
2025-02-05 9:53 AM EST
Gear Energy Ltd. Announces Shareholder Approval for Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - February 3, 2025) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that today at its special meeting (the "Meeting") of the holders (the "Gear Shareholders") of common shares of Gear (the "Gear Shares"), the Gear Shareholders passed a special resolution (the "Arrangement Resolution") approving a plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Arrangement"), pursuant to which a large publicly traded company...
2025-02-03 2:08 PM EST
Gear Energy Ltd. Reiterates Voting Instructions for Shareholder Meeting and Announces Leading Proxy Advisor Recommends Voting for Arrangement
Calgary, Alberta--(Newsfile Corp. - January 27, 2025) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) reiterates instructions to shareholders of Gear (the "Gear Shareholders") on how to vote their Gear common shares (the "Gear Shares") for the previously announced plan of arrangement (the "Arrangement"), pursuant to which a large publicly traded company will acquire Gear, including all of its heavy oil assets (other than its Tucker Lake property) for $110 million in cash (subject to adjustments) and...
2025-01-27 8:00 AM EST
Gear Energy Ltd. Announces New Corporate Presentation to Shareholders
Calgary, Alberta--(Newsfile Corp. - January 23, 2025) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) is pleased to announce that a new Corporate Presentation is available to shareholders and can be accessed via the following link January 2025 Corporate Presentation. In addition, Kevin Johnson, President & CEO, has prepared a recorded video of this presentation that is intended to provide additional value to shareholders. This video can be accessed via the following link Corporate Presentation by Kevin Johnson, President &...
2025-01-23 3:17 AM EST
Gear Energy Ltd. Announces Name of Spin-Out Company, 2025 Budget, Updated Reserves and Shareholder Meeting Details
Calgary, Alberta--(Newsfile Corp. - December 18, 2024) - As previously announced by Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company"), the Company has entered into an arrangement agreement pursuant to which a large publicly traded company will acquire Gear including its heavy oil assets for $110 million in cash (subject to adjustments) and Gear will transfer its Central Alberta assets, Southeast Saskatchewan assets and, Tucker Lake property to a newly formed entity ("Newco"), which will be owned...
2024-12-18 6:29 PM EST
Gear Energy Ltd. Announces New Corporate Presentation to Shareholders
Calgary, Alberta--(Newsfile Corp. - December 10, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) is pleased to announce that a new Corporate Presentation with additional details on the December 2, 2024 arrangement agreement (the "Agreement") is available to shareholders and can be accessed via the following link: Corporate Presentation. Further details on the Agreement, including a 2025 budget and guidance and 2024 reserves, will be provided later in December.FOR FURTHER INFORMATION PLEASE CONTACT:Kevin Johnson President & CEO 403-538-8463Email: info@gearenergy.com...
2024-12-10 8:00 AM EST
Gear Energy Ltd. Announces a Transformative Transaction Providing Shareholders with Liquidity and Retained Ownership in a New Growth Focused Oil Company and Monthly Dividend
Calgary, Alberta--(Newsfile Corp. - December 2, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company"), is pleased to announce that it has entered into an arrangement agreement (the "Agreement") with a large publicly traded company (the "Purchaser") pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of Gear (the "Gear Shares"), excluding its Central Alberta, Southeast Saskatchewan, and Tucker Lake properties (collectively, the "Newco Assets") which will be transferred to a newly...
2024-12-02 7:00 AM EST
Gear Energy Ltd. Announces Third Quarter 2024 Operating Results
Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following third quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2024 are available for review on Gear's website at www.gearenergy.com and on www.sedarplus.ca.
2024-11-07 5:06 PM EST
Gear Energy Ltd. Confirms Monthly Dividend for November of $0.005 per Share
Calgary, Alberta--(Newsfile Corp. - November 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the November 2024 monthly dividend of $0.005 per common share is to be paid on November 29, 2024, to shareholders of record on November 15, 2024.The dividend is designated as an "eligible dividend" for Canadian income tax purposes.FOR FURTHER INFORMATION PLEASE CONTACT:Kevin Johnson President & CEO403-538-8463David HwangVice President Finance & CFO403-538-8437Email: info@gearenergy.com Website: www.gearenergy.com
2024-11-01 8:01 AM EDT
Gear Energy Ltd. Confirms Monthly Dividend for October of $0.005 per Share
Calgary, Alberta--(Newsfile Corp. - October 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the October 2024 monthly dividend of $0.005 per common share is to be paid on October 31, 2024, to shareholders of record on October 15, 2024.The dividend is designated as an "eligible dividend" for Canadian income tax purposes.FOR FURTHER INFORMATION PLEASE CONTACT:Kevin Johnson President & CEO403-538-8463 David HwangVice President Finance & CFO403-538-8437Email: info@gearenergy.com Website: www.gearenergy.com
2024-10-01 8:01 AM EDT
Gear Energy Ltd. Confirms Monthly Dividend for September of $0.005 per Share
Calgary, Alberta--(Newsfile Corp. - August 30, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the September 2024 monthly dividend of $0.005 per common share is to be paid on September 27, 2024, to shareholders of record on September 13, 2024.The dividend is designated as an "eligible dividend" for Canadian income tax purposes.FOR FURTHER INFORMATION PLEASE CONTACT:Kevin Johnson President & CEO403-538-8463David HwangVice President Finance & CFO403-538-8437Email: info@gearenergy.com Website: www.gearenergy.com
2024-08-30 4:01 PM EDT
Gear Energy Ltd. Announces Second Quarter 2024 Operating Results and August Monthly Dividend of $0.005 per Share
Calgary, Alberta--(Newsfile Corp. - July 31, 2024) - Gear Energy Ltd. (“Gear” or the “Company”) (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following second quarter operating results to shareholders. Gear's Interim Consolidated Financial Statements and related Management's Discussion and Analysis ("MD&A") for the period ended June 30, 2024 are available for review on Gear's website at www.gearenergy.com and on www.sedarplus.ca.
2024-07-31 5:34 PM EDT
Gear Energy Ltd. Confirms Monthly Dividend for July of $0.005 per Share
Calgary, Alberta--(Newsfile Corp. - July 2, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the July 2024 monthly dividend of $0.005 per common share is to be paid on July 31, 2024, to shareholders of record on July 15, 2024.The dividend is designated as an "eligible dividend" for Canadian income tax purposes.FOR FURTHER INFORMATION PLEASE CONTACT:Kevin JohnsonPresident & CEO 403-538-8463 David HwangVice President Finance & CFO403-538-8437Email: info@gearenergy.comWebsite: www.gearenergy.com
2024-07-02 8:00 AM EDT
Gear Energy Ltd. Confirms Monthly Dividend for June of $0.005 per Share
Calgary, Alberta--(Newsfile Corp. - June 3, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the June 2024 monthly dividend of $0.005 per common share is to be paid on June 28, 2024, to shareholders of record on June 14, 2024.The dividend is designated as an "eligible dividend" for Canadian income tax purposes.FOR FURTHER INFORMATION PLEASE CONTACT:Kevin Johnson President & CEO403-538-8463David HwangVice President Finance & CFO403-538-8437Email: info@gearenergy.com Website: www.gearenergy.com
2024-06-03 8:00 AM EDT
Gear Energy Ltd. Announces Appointment of Scott Robinson as Chair of Board of Directors
Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that Scott Robinson has been appointed as the Chair of the Board of Directors (the "Board") of the Company. Mr. Robinson has been a director of the Company since 2019. Mr. Robinson is an independent businessman who from 2019 to 2023 served as the Vice-President, Business Development of Peyto Exploration and Development Corp. ("Peyto") and from 2006...
2024-05-09 8:00 AM EDT
Gear Energy Ltd. Announces First Quarter 2024 Operating Results
Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Condensed Consolidated Financial Statements and related Management's Discussion and Analysis for the period ended March 31, 2024 are available for review on Gear's website at www.gearenergy.com and on www.sedarplus.ca.
2024-05-01 4:01 PM EDT