Mcf Energy Ltd V.MCF

Alternate Symbol(s): MCFNF

Energy Oil & Gas E&P

MCF Energy Ltd. is a Canada-based junior resource company. The Company is engaged in the identification, and the exploration and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. The Company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional concession applications pending. It is also evaluating additional opportunities throughout Europe. The Company is involved in the development of a natural gas industry as a transition to renewable energy sources.

TSXV:MCF - Post by User

Mcf Energy Ltd > Interesting drill results but looking at the capital

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Comment by BebeRebozoon Mar 19, 2024 12:20pm

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Post# 35940790

RE:Interesting drill results but looking at the capital

GripnRip wrote: structure makes this un-investable for me

56,000,000 shares @ .01?
Royalties per well to Manager?

WT F is left for shareholders?

when were these 56 million shares issued for @$.01/share? I am looking at the share capital breakdown on their financial statements and I don't see this event happening. Please educate the rest of us.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle