Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Corporate Secretary & Director Frank Kordy was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 03
First quarter 2022 earnings released: CA$0.003 loss per share (vs CA$0.014 loss in 1Q 2021) First quarter 2022 results: CA$0.003 loss per share (up from CA$0.014 loss in 1Q 2021). Revenue: CA$0 (down 100% from 1Q 2021). Net loss: CA$157.0k (loss narrowed 61% from 1Q 2021). Profit margin: (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Reported Earnings • May 05
Full year 2021 earnings released: CA$0.071 loss per share (vs CA$0.095 loss in FY 2020) Full year 2021 results: CA$0.071 loss per share. Revenue: CA$0 (down 100% from FY 2020). Net loss: CA$3.35m (loss widened 154% from FY 2020). Profit margin: (up from net loss in FY 2020). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Corporate Secretary & Director Frank Kordy was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 01
Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint Third quarter 2021 results: CA$0.013 loss per share (down from CA$0.011 loss in 3Q 2020). Net loss: CA$592.2k (loss widened 255% from 3Q 2020). Revenue missed analyst estimates by 36%. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2021 earnings released: CA$0.025 loss per share (vs CA$0.009 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CA$43.1k (down 34% from 2Q 2020). Net loss: CA$972.4k (loss widened CA$850.4k from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • May 28
First quarter 2021 earnings released: CA$0.014 loss per share (vs CA$0.01 loss in 1Q 2020) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2021 results: Revenue: CA$56.8k (up CA$49.1k from 1Q 2020). Net loss: CA$402.4k (loss widened 215% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Tillkännagivande • May 14
Advantagewon Oil Corporation (CNSX:AOC) entered into a letter of intent to acquire Vivo Cubes brand of Greenfield Investments Ltd. Advantagewon Oil Corporation (CNSX:AOC) entered into a letter of intent to acquire Vivo Cubes brand of Greenfield Investments Ltd. on May 13, 2021. As per terms of transaction, consideration will be paid by the issue of Advantagewon Oil Corporation shares. Transaction is subject to execution of Definitive agreement, Due Diligence, completion of Private Placement, shareholders approval of Advantagewon Oil Corporation, approval from Canadian Securities Exchange, a change of name of the Company, which is currently expected to be Starvolt Innovations Corp. and reconstitution of the Advantagewon Oil Corporation board of directors such that it is comprised of four directors, with each of Greenfield and the Advantagewon Oil Corporation being entitled to appoint two nominees. Tillkännagivande • Feb 20
Advantagewon Oil Corporation (CNSX:AOC) completed the acquisition of 30% stake in Starvolt Inc. Advantagewon Oil Corporation (CNSX:AOC) has entered into an agreement to acquire 30% stake in Starvolt Inc. for CAD 1.8 million on February 5, 2021. Under the terms of the consideration, Advantagewon Oil Corporation will issue 8,390,000 common shares at a price of CAD 0.13 per share to the holders of the Starvolt Shares. The Payment Shares will not be subject to any hold period under applicable securities laws.
Advantagewon Oil Corporation (CNSX:AOC) completed the acquisition of 30% stake in Starvolt Inc. on February 19, 2021. Advantagewon issued 9,166,667 million common shares for consideration at a price of CAD 0.12 per share. Is New 90 Day High Low • Feb 10
New 90-day high: CA$0.53 The company is up 430% from its price of CA$0.10 on 09 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 17% over the same period. Tillkännagivande • Feb 09
Advantagewon Oil Corporation (CNSX:AOC) has entered into an agreement to acquire 30% stake in Starvolt Inc. for CAD 1.7 million. Advantagewon Oil Corporation (CNSX:AOC) has entered into an agreement to acquire 30% stake in Starvolt Inc. for CAD 1.7 million on February 5, 2021. Under the terms of the consideration, Advantagewon Oil Corporation will issue 8,390,000 common shares at a price of CAD 0.13 per share to the holders of the Starvolt Shares. Tillkännagivande • Jan 28
Advantagewon Oil Corporation announced that it has received CAD 0.75 million in funding On January 26, 2021, Advantagewon Oil Corporation (CNSX:AOC) closed the transaction. The company issued 14,285,714 units in the transaction for gross proceeds of CAD 749,999.985. Is New 90 Day High Low • Jan 06
New 90-day high: CA$0.28 The company is up 175% from its price of CA$0.10 on 07 October 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 19% over the same period. Tillkännagivande • Dec 31
Advantagewon Oil Corporation announced that it expects to receive CAD 0.75 million in funding Advantagewon Oil Corporation (CNSX:AOC) announced a non-brokered private placement of units at price of CAD 0.0525 per unit for the gross proceeds of CAD 750,000 on December 30, 2020. Each Unit will be comprised of one common share and one Common Share purchase warrant. Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of CAD 0.10, for a period of three years following the closing of the transaction. All securities issued in connection with the transaction will be subject to a four month and a day hold period under applicable securities laws. The company may pay finders fees in the transaction. Tillkännagivande • Sep 01
Advantagewon Oil Corporation (CNSX:AOC) completed the acquisition of a 42.5% stake in four Saskatchewan wells. Advantagewon Oil Corporation (CNSX:AOC) agreed to acquire a 42.5% stake in Four Saskatchewan Wells for CAD 0.06 million on May 22, 2020. Advantagewon Oil Corp. has agreed to both issue 10 million Common Shares of the Corporation and the Corporation has agreed to issue a onetime cash payment of CAD 5,825. Closing is anticipated to occur on May 29, 2020. As per the filling on June 19, 2020, the transaction is expected to close in June 2020.
Advantagewon Oil Corporation (CNSX:AOC) completed the acquisition of a 42.5% stake in four Saskatchewan wells in the second quarter of 2020. Tillkännagivande • Jun 19
Advantagewon Oil Corporation (CNSX:AOC) signed and entered into a Purchase Agreement to acquire Opulence Resources Inc. for CAD 0.025 million. Advantagewon Oil Corporation (CNSX:AOC) signed and entered into a Purchase Agreement to acquire Opulence Resources Inc. for CAD 0.025 million on June 18, 2020. No finders' fees were paid in connection of the purchase of Opulence and Opulence has no connection to the Management or Directors of the Corporation and therefore the transaction is deemed as an arm's length transaction. 