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LNG Energy Group Corp. V.LNGE

Alternate Symbol(s):  LNGNF | V.LNGE.WT

LNG Energy Group Corp is a Canada-based company, which is focused on the acquisition and development of natural gas production and exploration assets in Latin America. The Company’s assets include Sinu-San Jacinto-1(SSJN-1), Valle Inferior del Magdelana-41 (VIM-41), Valle Inferior del Magdalena-42 (VIM-42) and Sinu-San Jacinto 3-1(SSJN 3-1). The Company has a 50% working interest in SSJN-1, VIM -42 and SSJN 3-1. The Company has a 100% working interest in VIM-41. SSJN-1 covers approximately 226,000 acres. SSJN 3-1 covers approximately 83,000 acres. VIM-41 includes 93 billion cubic feet equivalent (BCFE) of net 3P reserves. It covers approximately 172,000 acres. VIM-42 includes 405 billion cubic feet (BCF) of prospective resource and covers approximately 228,000 acres.


TSXV:LNGE - Post by User

Post by Investmentwinon Jan 04, 2024 6:18pm
244 Views
Post# 35811472

Already tapped out of cash

Already tapped out of cash
18:00:11 EST Thu 04 Jan 2024
Enter Symbol
or Name
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 CA

 

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LNG Energy Group Corp
Symbol LNGE
Shares Issued 155,108,066
Close 2024-01-02 C$ 0.23
Recent Sedar Documents

 

LNG Energy 426,360 shares for debt

 

2024-01-02 19:32 ET - Shares for Debt

 

The TSX Venture Exchange has accepted for filing the company's proposal to issue 426,360 common shares at a deemed value of 50 Canadian cents per share to settle outstanding debt for $208,333.33 (U.S.).

 

Number of creditors:  two creditors

Total non-arm's-length-party involvement:  $208,333.33 (U.S.), 426,360 shares at 50 Canadian cents (two parties)

 

For more information, please refer to the company's news releases dated Sept. 28, 2023, and Dec. 29, 2023.

© 2024 Canjex Publishing Ltd. All rights reserved.


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