Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Lycos Energy Inc V.LCX

Lycos Energy Inc. is an oil-focused, exploration, development, and production company. The Company is engaged in the exploration and development of petroleum and natural gas production in western Canada. The Company is engaged in operating heavy oil development assets in the Gull Lake area of southwest Saskatchewan and heavy oil assets in the Lloydminster area. The Company also owns approximately 12,335 net acres of Wyatt land, including over 20 net drilling locations, which has a production of about 400 barrels of oil equivalent per day (boe/d). Its acquisition focus is primarily in the Lloydminster area. In addition, the Company retains low-decline, long-life producing assets in the Gull Lake/Swift Current area in Southwest Saskatchewan.


TSXV:LCX - Post by User

Post by Angleson Aug 30, 2023 9:14pm
229 Views
Post# 35613057

It is official

It is official

LYCOS ENERGY INC. ("LCX")
BULLETIN TYPE: Consolidation
BULLETIN DATE: August 30, 2023
TSX Venture Tier 1 Company

Pursuant to a special resolution passed by shareholders of Lycos Energy Inc. (the "Company") on June 14, 2023, and a resolution passed by the directors of the Company on August 24, 2023, the Company has consolidated its capital on a (8) old for (1) new basis. The name of the Company has not been changed.

Effective at the opening on Friday, September 1, 2023, the common shares of the Company will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an "Oil And Gas Exploration, Development And Production" company.

Post - Consolidation

Capitalization: Unlimited shares with no par value of which

39,768,500 shares are issued and outstanding

Escrow: Nil shares are subject to escrow

Transfer Agent: Odyssey Trust Company

Trading Symbol: LCX (UNCHANGED)

CUSIP Number: 55082H206 (NEW)

<< Previous
Bullboard Posts
Next >>