Announcement • Apr 30
LNG Energy Group Corp. Announces Resignation of Michael Galego as Director and Officer, Effective April 30, 2025 LNG Energy Group Corp. announced that Michael Galego has communicated his resignation from his positions with the Company, effective April 30, 2025. Announcement • Apr 14
LNG Energy Group Corp. Announces Resignation of Jeff Agosta as Board of Directors, Effective April 11, 2025 LNG Energy Group Corp. announced that Jeff Agosta has resigned from the board of directors of the company, effective April 11, 2025. Announcement • Feb 06
LNG Energy Group Corp. Announces Board Changes LNG Energy Group Corp. announced the appointment of Mr. Chad McGuffin and Mr. Matt Molak to its Board of Directors of the Company, effective immediately. Mr. McGuffin is the President of Lewis Energy Group, L.P. (LEG) and Mr. Molak is the Chief Financial Officer of LEG. Effective immediately, Mr. Lawler and Mr. Jumper have resigned from the Board of Directors of the Company. The appointments are subject to the approval of the TSX Venture Exchange. Board Change • Dec 31
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Chairman & CEO Pablo Navarro is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Dec 19
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Market cap is less than US$10m (CA$10.1m market cap, or US$7.03m). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (4.1% increase in shares outstanding). New Risk • Dec 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$12.4m (US$8.73m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Market cap is less than US$10m (CA$12.4m market cap, or US$8.73m). Minor Risk Less than 3 years of financial data is available. Announcement • Dec 06
LNG Energy Group Corp. announced that it expects to receive $15 million in funding LNG Energy Group Corp. announced a Private Placement on a best efforts agency basis to issue Secured Convertible Debenture in the aggregate principal amount of up to $15,000,000 on December 4, 2024. Upon closing of the Offering, the Company will pay to the Agents a cash commission equal to 6% of the gross proceeds of the Offering. The Company is entitled to a President’s List in the amount of up to $2 million pursuant to which no fees shall be paid to the Agents. The Offering is scheduled to close at a date the Company and the Agents deem appropriate and is subject to certain conditions including, but not limited to, the execution of an agency agreement and the receipt of all necessary regulatory and other approvals including that of the TSX Venture Exchange. All securities (and underlying securities) issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The Company expects that insiders and current stakeholders will participate in the Offering and, to date, has received interest from potential investors in the Offering Announcement • Nov 21
LNG Energy Group Corp. Announces Executive Changes LNG Energy Group Corp. announced resignation of Nicolas Ziperovich as Chief Operating Officer of the Company to pursue new endeavours. Stan Jumper, a director of the Company, has been appointed as Interim Chief Operating Officer. Prior to LNG Energy Group, he was the Vice President of Exploration and Development at Lewis Energy Group, L.P. for more than 30 years. In that role, he presided over geological well location approvals, prospect development and new exploration ventures. Mr. Jumper holds an MBA (Executive Management Studies) from Southern Methodist University, a M.S. (Geology) from the University of Texas at Arlington and a B.S. (Geology) from East Texas State University. New Risk • Nov 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.9m (US$9.95m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (CA$13.9m market cap, or US$9.95m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$8.9m). Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Jun 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$11m). Less than 3 years of financial data is available. Market cap is less than US$100m (CA$46.5m market cap, or US$33.8m). Announcement • Jun 02
Lng Energy Group Corp. Announces Election of David Lawler as Director LNG Energy Group Corp. announced election of David Lawler as director. New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$37.6m market cap, or US$27.5m). Announcement • Apr 03
LNG Energy Group Corp., Annual General Meeting, May 31, 2024 LNG Energy Group Corp., Annual General Meeting, May 31, 2024. Announcement • Mar 05
LNG Energy Group Corp. Provides Production Guidance for the Year 2024 LNG Energy Group Corp. provided production guidance for the year 2024. For the year, the company expects exit rate gross production to be between 40 MMcfe/d to 44 MMcfe/d. Contracted Natural Gas Volumes to be 18.1 MMcf/d. Natural Gas % of total production to be between 93% to 95%.