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Sunset Pacific Petroleum Ltd SSPAF

"Sunset Pacific Petroleum Ltd is a junior resource exploration company based in Canada. It engaged in the acquisition, exploration, and development of oil and gas properties in Tunisia, North Africa. The company properties include Bougie Trutch and Trutch East."


GREY:SSPAF - Post by User

Comment by Balthasauron Mar 28, 2018 6:36pm
55 Views
Post# 27798596

RE:RE:RE:The day the financing gets canceled and the stock goes up

RE:RE:RE:The day the financing gets canceled and the stock goes upHey Fogtrump, what is really going on? Last year Elmer and Dopey said in a "BIG ANNOUNCEMENT" that 5 million was coming along to make it all good.  So far zilch. What gives? 4 centavos ain't doing no one any good.

SUNSET PACIFIC PETROLEUM LTD. #704-938 Howe Street, Vancouver, British Columbia, V6Z 1N9 Phone: 1-604-369-9113 TRADING SYMBOL: SPK.V April 24, 2017 ON BEHALF OF THE BOARD: Sunset Pacific Petroleum Ltd. (‘Sunset’) is pleased to announce that it has signed an agreement to farm out a fifty (50%) percent working interest in its interest in a hydrocarbon Concession in Tunisia. The conditions of the Agreement call for Sunset to receive all governmental approvals in Tunisia necessary to proceed on a work program on the Concession. A SWIFT coded Letter of Credit for the sum of Five Million United States (USD $5,000,000) Dollars will be provided to the Government of Tunisia. Pursuant to the Agreement, the farmee will pay: (a) to Sunset the sum of Two Million United States (USD $2,000,000) Dollars in sunk cost on or before thirty (30) days after the execution of the Agreement. (b) the sum of One Million United States (USD $1,000,000) Dollars toward the administrative and operational costs of the Concession and (c) fifty (50%) percent of any additional cost related to the Concession. This Agreement is subject to regulatory and government approvals where required. “Albert Raponi” _______________________________ Albert Raponi, CEO, of the Company
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