공시 • Feb 13
Southern Energy Corp. announced that it has received CAD 23.11948 million in funding On February 12, 2026, Southern Energy Corp. closed the transaction. The company raised through the issuance of (i) 17,000 7% Senior Secured Convertible Debentures at a price per Debenture of CAD 1,236.44 for gross proceeds of CAD 21,019,480 and (ii) 30,000,000 Common Shares of the company at a price per share of CAD 0.07 for gross proceeds o CAD 2,100,000, and for aggregate gross proceeds of CAD 23,119,480. On closing, the Company obtained the payout and discharge of all related security granted in connection with the prior facility. The Debentures and Shares, including the Shares issuable upon conversion or interest payment of the Debenture, are subject to a four month and one day hold period under applicable securities laws in Canada and the rules and policies of the TSXV. No finder's fees or commissions were paid in connection of the transaction. 공시 • Feb 09
Southern Energy Corp. announced that it expects to receive CAD 17.6881 million in funding Southern Energy Corp. has entered into an agreement of non-brokered private placement of senior secured convertible debentures of 17,000 of US$911.76 per debenture for gross proceeds of US$17.0 million for principal of CAD 15.59 at discount of 8.8235% original issue discount equivalent to US$1.5 million on the Debentures. and common shares of 30,000,000 for CAD 0.07 per share for gross proceeds of CAD 2.1000000 which is the total of 17.6881 on February 9,2026.The Debentures bear interest at 7% per annum on the outstanding principal amount of US$17.0 million, payable quarterly in arrears.The Debentures will be convertible at the Investor's option into Shares at a price of CAD$0.10 per Share, being a ratio of 13,700 Shares per US$1,000 principal amount of the convertible portion of the Debentures. The Debentures will mature on December 31, 2028. The principal amount attributed to the OID, being US$1.5 million, will be repaid in cash. The Investor may not convert the Debentures or receive interest in Shares if doing so would cause the Investors' ownership to exceed 19.99 percent of the outstanding Shares without prior TSX Venture Exchange clearance and shareholder approval. The Debentures will be redeemed for principal and accrued interest, though the Investor may convert prior to the closing of any such transaction. The Company has applied to have the Shares (including the Shares issuable upon conversion or interest payment of the Debenture) listed on the TSXV and admitted to trading on the AIM market of the London Stock Exchange. The Debentures will not be listed on any exchange. The transaction is expected to close on or about February 12, 2026. 공시 • Oct 28
Southern Energy Corp. Announces Board Changes Southern Energy Corp. announced that Former directors Tamara MacDonald and C. Neil Smith did not stand for re-election and have accordingly retired from the Board. The Company's Board and management team would like to sincerely thank Ms. MacDonald and Mr. Smith for their leadership, valuable contributions and dedicated service to Southern over their respective tenures. 공시 • Aug 20
Southern Energy Corp., Annual General Meeting, Oct 27, 2025 Southern Energy Corp., Annual General Meeting, Oct 27, 2025. 공시 • May 16
Southern Energy Corp. Provides Operations Update Southern Energy Corp. continues to progress its plans to complete its first Gwinvilledrilled and uncompleted (‘DUC’) welland has finalized procuring key services. Field operations are scheduled to commence on the 13-13 #2 Lower Selma Chalk horizontal well in the next few weeks, and Southern expects first production from the well during June 2025. This will be the Company's first of three planned DUC completions at Gwinville. Unrelated to Southern's current growth plans at Gwinville, Southern is involved in an ongoing dispute in which it is bringing a claim regarding what it believes are excessive transportation fees being charged by a third party midstream company associated with the Mechanicsburg and Green's Creek fields. On April 29, 2025, Southern receive confirmation that the pipelines subject to the dispute are regulated by the Federal Energy Regulatory Commission (‘FERC’). The third party made its initial response filing to the regulator which includes setting maximum allowable transportation rates, subject to FERC review and approval. Southern will work closely with FERC staff to expedite the rate determination process and, in parallel, will continue to engage with the pipeline operator to pursue an agreement on an equitable fee structure. In the interim, Southern has elected to voluntarily shut-in approximately 400 boepd of production from the Mechanicsburg and Greens Creek Fields to avoid increasing the quantum of disputed fees. This accounts for approximately 20% of Southern's production on a volumetric basis, but only approximately 10% of the Company's operating income from First Quarter 2025. This will not impact the rest of Southern's operations or the proposed DUC completions in Gwinville. 공시 • Apr 08
Southern Energy Corp. has completed a Composite Units Offering in the amount of CAD 7.4375 million. Southern Energy Corp. has completed a Composite Units Offering in the amount of CAD 7.4375 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 102,482,673
Price\Range: CAD 0.07
Discount Per Security: CAD 0.0042 공시 • Apr 12
Southern Energy Corp., Annual General Meeting, Jun 20, 2024 Southern Energy Corp., Annual General Meeting, Jun 20, 2024. 공시 • Jan 16
Southern Energy Corp. Announces Preliminary Results from Its Recent Upper Selma Chalk Horizontal Well Completion in the Gwinville Field Southern Energy Corp. announced the preliminary results from its recent Upper Selma Chalk horizontal well completion in the Gwinville Field. In mid-December 2023, Southern successfully completed the first of its four drilled but uncom completed ("DUC") wells from the Company's First Quarter 2023 drilling program - the GH 14-06 #3 wellbore. Over the first 20 days of production, natural gas rates from the well exceeded 6.5 MMcf/d and averaged 5.3 MMcf/d under restricted flowing conditions as the well cleans up, recovering approximately 33% of load fluid to-date with gas produced flowing directly to Company owned facilities with all volumes sold. Southern implemented a number of stimulation design changes for this latest Upper Selma Chalk horizontal completion that improved the predictability and efficiency of the fracture operation and, more importantly, reduced the overall completion cost down to USD 2.1 million, well below budget estimates. Costs for this completion operation are approximately 40% lower than the two previous 18-10 pad Upper Selma Chalk wells that were completed earlier in 2023. Company management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques. Product Types. Throughout this press release, "crude oil" or "oil" refers to light and medium crude oil product types as defined by National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). References to "NGLs" throughout this press release comprise pentane, butane, propane, and ethane, being all NGLs as defined by NI 51-101. references in this press release to peak rates, IP30 and other short-term production rates are useful in confirming the presence of hydrocarbons, however such rates are not determinative of the rates at which such wells will commence production and decline thereafter and are not indicative of long-term performance or of ultimate recovery. 공시 • Nov 29
Southern Energy Corp. Announces Retirement of Andrew Mccreath from Board of Directors Southern Energy Corp. announced that Mr. Andrew McCreath has retired from the Company's board of directors effective to focus on other commitments. The board and management team wish to express their gratitude to Mr. McCreath for his contributions during his 5 years of service. The Company does not have any immediate plans to appoint a replacement Non-Executive Director following Mr. McCreath's departure, though will keep this position under review. 공시 • Nov 10
Southern Energy Corp. has completed a Follow-on Equity Offering in the amount of CAD 6.9238 million. Southern Energy Corp. has completed a Follow-on Equity Offering in the amount of CAD 6.9238 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 26,630,000
Price\Range: CAD 0.26
Discount Per Security: CAD 0.0156 공시 • Nov 02
Southern Energy Corp. has filed a Follow-on Equity Offering in the amount of CAD 6.9355 million. Southern Energy Corp. has filed a Follow-on Equity Offering in the amount of CAD 6.9355 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 26,675,000
Price\Range: CAD 0.26
Discount Per Security: CAD 0.0156 공시 • Jun 17
Southern Energy Corp. Approves Director Resignations Southern Energy Corp. announced that at the annual general and special meeting (the "Annual Meeting") held on June 15, 2023 Mr. Michael Kohut and Mr. Paul Baay, who both decided not to stand for re-election at the Annual Meeting, have retired from the Company's board of directors. 공시 • Jun 07
Southern Energy Corp. (TSXV:SOU) acquired remaining interest in Gwinville Field from PetroTx Energy LLC. Southern Energy Corp. (TSXV:SOU) has entered into a definitive agreement to acquire remaining interest in Gwinville Field from PetroTx Energy LLC for $3.2 million on May 23, 2023. The cash consideration payable under the Transaction of $3.2 million will be funded through existing capacity from the senior secured term loan. The effective date and proposed closing date of the Transaction is June 1, 2023. The Transaction is highly accretive to Southern from an operating and financial perspective. Hannam & Partners acting as financial advisor to the Southern Energy Corp. in relation to the Transaction.Southern Energy Corp. (TSXV:SOU) acquired remaining interest in Gwinville Field from PetroTx Energy LLC on June 6, 2023. James Spinney and James Bellman of Strand Hanson acted as financial advisors to Southern Energy Corp. in the transaction. 공시 • May 24
Southern Energy Corp. (TSXV:SOU) has entered into a definitive agreement to acquire remaining interest in Gwinville Field from PetroTx Energy LLC for $3.2 million. Southern Energy Corp. (TSXV:SOU) has entered into a definitive agreement to acquire remaining interest in Gwinville Field from PetroTx Energy LLC for $3.2 million on May 23, 2023. The cash consideration payable under the Transaction of $3.2 million will be funded through existing capacity from the senior secured term loan. The effective date and proposed closing date of the Transaction is June 1, 2023. The Transaction is highly accretive to Southern from an operating and financial perspective. Hannam & Partners acting as financial advisor to the Southern Energy Corp. in relation to the Transaction.