Crown Point Announces Operating and Financial Results for the Three Months Ended March 31, 2021 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Centaurus Energy Inc: Default Announcement
Centaurus or the
Corporation ) provides this default announcement indicating Centaurus s anticipated failure to file its annual financial statements for the year ended December 31, 2020 and related management discussion and analysis and certifications (collectively, the
Financial Statements ) before the prescribed filing deadlines.
The Corporation s failure to file its Financial Statements on time is due to the following circumstances:
During the last occurring financial year, the Corporation s management underwent a wholesale change with the termination of its Chief Executive Officer, Chief Financial Officer and Vice President, Growth and Capital, and the resignation of all but one of the directors who were directors at the start of the Corporation s fiscal year. The Corporation has appointed an Interim Chief Executive Officer and Interim Chief Financial Officer to manage the operations of the Corporation.
Centaurus Energy Inc: Centaurus Announces Termination of Term Sheet with Crown Point Energy Inc.
Centaurus Energy Inc. (TSXV: CTA) (OTCQB: CTARF) (
Centaurus or the Company ) announces that the non-binding term sheet (the Term Sheet ) with Crown Point Energy Inc. previously announced on January 7, 2021 has been terminated.
Centaurus continues to seek opportunities to partner with other Argentina-focused oil and gas, exploration and production companies.
About Centaurus Energy
Centaurus is an independent upstream oil and gas company with both conventional and unconventional oil and gas operations in Argentina. The Company s shares trade on the TSX Venture Exchange under the symbol CTA and on the OTCQB under the symbol CTARF.
Centaurus Energy Inc.: Crown Point Energy and Centaurus Energy Enter into Term Sheet and Propose to Merge in a Stock-Based Business Combination to Create an Operationally Diversified, Financially Strong, Argentina-Focused Oil and Gas Production Company
Access to funding for upcoming Vaca Muerta oil production development in Coiron Amargo Sur Este
Expert management with international experience and deep local ties
Operational Efficiencies to Generate Cost Synergies
Transaction Closing expected early Q2 2021
CALGARY, AB / ACCESSWIRE / January 7, 2021 / Crown Point Energy Inc. ( Crown Point ) (TSXV:CWV), a Calgary-based oil and gas company with Argentine upstream conventional oil and gas assets, and Centaurus Energy Inc. ( Centaurus ) (TSXV: CTA and OTCQB: CTARF), an independent, Canadian company focused on Argentine upstream oil and gas conventional and unconventional operations, are pleased to announce that they have entered into a non-binding term sheet (the Term Sheet ) in whi