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Pulse Oil Corp Announces Closing of Rights Offering

Pulse Oil Corp. Announces Closing of Rights Offering May 12, 2021 13:26 ET | Source: Pulse Oil Corp. Pulse Oil Corp. Surrey, British Columbia, CANADA CALGARY, Alberta, May 12, 2021 (GLOBE NEWSWIRE) Pulse Oil Corp. (Pulse or Pulse ) (TSXV: PUL) announced the successful completion of the previously announced rights offering (the Rights Offering ) on March 26, 2021, raising total aggregate gross proceeds of $1,515,923, with no fees or commissions being paid by Pulse. Upon closing, Pulse issued a total of 151,592,357 common shares of Pulse (each a “ Common Share”). An aggregate of 109,354,572 Common Shares were issued under the basic subscription privilege, including insider participation of 34,201,576 Common Shares and 75,152,996 Common Shares of all other shareholders as a group. In addition, a total of 42,237,785 Common Shares were issued under the additional subscription privilege, all from other Pulse shareholder

Pulse Oil Corp Provides Operations Update

Pulse Oil Corp. Provides Operations Update April 28, 2021 14:51 ET | Source: Pulse Oil Corp. Pulse Oil Corp. Surrey, British Columbia, CANADA CALGARY, Alberta, April 28, 2021 (GLOBE NEWSWIRE) Pulse Oil Corp., (“Pulse” or the Company”) (TSXV: PUL and PUL.RT) announced today that Pulse has been busy working on reactivating previously shut-in wells at its Queenstown and Bigoray properties, supported by stronger commodity prices over recent months, and creditor and shareholder arrangements. Bigoray: During the summer of 2020, a third party owned production facility Pulse was sending its Bigoray oil and gas production to, closed its doors. As part of its reactivation program and rights issue, Pulse has approved an operational plan to build its own oil processing and water injection facility, including separators, water injection/disposal, sufficient oil tankage and road work, allowing Pulse to reactivate three oil and gas

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