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Bengal Energy Provides Update on Debt Settlement and Equity Financing

Calgary, Alberta (Newsfile Corp. - February 19, 2021) -
Bengal Energy Ltd. (TSX: BNG) (
Bengal or the
Company ) is pleased to provide an update with respect to its previously announced debt settlement transaction (the
Debt Settlement ) and concurrent private placement. Bengal has now received formal written notification from the Australian Foreign Investment Review Board that it will not object to the Private Placement. As previously announced, the Toronto Stock Exchange (the
TSX ) has conditionally approved the Private Placement, subject to Bengal fulfilling all of the requirements of the TSX on or before March 5, 2021.
Subject to the satisfaction of the remaining normal course closing conditions, Bengal expects that closing of the Debt Settlement and concurrent private placement will occur on or prior to February 26, 2021. ....

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Xfuels Inc. Shareholder Update

(MENAFN - Newsfile Corp) Xfuels Inc. Shareholder Update
Calgary, Alberta (Newsfile Corp. - February 17, 2021) - Xfuels Inc. (OTC PINK: XFLS) is pleased to report the following Share holder update.
2020 In Retrospect
Well, I would guess that it is safe to say 2020 did not go as planed however the year is behind us and although slower than anticipated we continued to grow. We anticipate 2021 being a defining year for the company with steady growth and working to meet our objectives.
Acquisitions
On June 8th, 2020 Xfuels announced it has purchased the outstanding shares of Cycle Energy Industries Ltd. for the sum of 5,000,000 USD. As of February 16th, this deal is still pending, COVID-19 delays have hindered our ability to close however we have a firm deal pending 2 conditions on pricing and the company being current. Both are being addressed and we expect this to be fulfilled as quick as possible. ....

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American Creek Resources Completes Spin-out of Shares of Stinger Resources Inc.

Cardston, Alberta (Newsfile Corp. - February 16, 2021) -
American Creek Resources Ltd. (TSXV: AMK) (the
Company or
American Creek ) is pleased to announce that further to its press release dated December 5, 2020, the effective date for the spin-out of certain assets, including property interests, Tudor Gold Corp. shares, $2,500,000 cash, the right to contingent cash payments on exercise of certain outstanding warrants, and certain real property, to its shareholders by way of a plan of arrangement (the
Arrangement ) with Stinger Resources Inc. (
Stinger ) is expected to occur at 12:01 a.m. on February 25, 2021 (the
Effective Date ). Pursuant to the arrangement, holders of common shares of American Creek as of the close of business on February 24, 2021 will receive one new common share of American Creek (each, an ....

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