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CALGARY, AB, Sept. 26, 2024 /CNW/ – Horizon Petroleum Ltd. (NEX: HPL.H)

Further to its press releases of August 8, 2024 and September 18, 2024, (“Horizon” or the “Company”) announces that it has received TSX Venture Exchange approval to extend the closing of its non-brokered private placement (the “Offering”) to October 31, 2024. The Company has agreed to sell up to $1,000,000 in subscription receipts … Continue Reading

CALGARY, AB, May 21, 2024 /CNW/ – Horizon Petroleum Ltd. (“Horizon” or the “Company“) (TSXV: HPL.H) is pleased to announce that its private placement of Units announced on May 1, 2024, (“Private Placement”) closed on May 17, 2024.  ‎

The Company issued 1,400,000 Units at a price of CAD$0.05, for gross ‎proceeds of ‎‎CAD$70,000. The Units comprised: (i) one common share in the capital of the Company ‎‎‎(“Common Share”), and (ii) one transferable share purchase ‎‎warrant entitling the holder ‎‎thereof to ‎‎acquire one Common Share at a price ‎of CAD$0.075 (“Warrant”) per ‎‎share ‎‎(collectively the ‎‎”Warrants”). … Continue Reading

CALGARY, AB, April 11, 2024 /CNW/ – Horizon Petroleum Ltd. (the “Company” or “Horizon”) (TSXV: HPL.H): The Company reports the grant of a total of 1,040,000 stock options to the Board, Management and Advisors at a price of $0.075, which shall vest as to 1/3rd on the date of grant, 1/3rd after 12 months, and the final 1/3rd after 24 months; the stock options expire 5 years from the effective date of grant, April 9, 2024.   These options are being granted under the Company’s stock option plan, and are subject to the acceptance of the TSX Venture … Continue Reading

/Not for distribution to U.S. Newswire Services or for dissemination in the United States of America. Any ‎failure to comply with this restriction may constitute a violation of U.S. Securities laws.‎/

CALGARY, AB, April 2, 2024 /CNW/ – Horizon Petroleum Ltd. (“Horizon” or the “Company“) (TSXV: HPL.H) is pleased to announce that the second tranche of its private placement of Units announced on January 2, 2024, (“Private Placement”) closed on March 29, 2024.  ‎

In the second tranche the Company issued 5,500,000 Units at a price of CAD$0.05, for gross ‎proceeds of ‎‎CAD$275,000. The Units … Continue Reading

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CALGARY, AB, Nov. 27, 2023 /CNW/ – Horizon Petroleum Ltd. (“Horizon” or the “Company“) (TSXV: HPL.H) announces that the Directors have approved a consolidation of its common shares on the basis of one (1) ‎new common share for every existing five (5) common shares (the “Consolidation“), subject ‎to regulatory approval, including approval of the TSX Venture Exchange. Management believes ‎that the Consolidation is necessary to provide the … Continue Reading

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CALGARY, AB, March 16, 2023 /CNW/ – Horizon Petroleum Ltd. (“Horizon” or the “Company“) (TSXV: HPL.H) announces that the proposed transaction for a certain European oil and gas company first announced on ‎January 12, 2023, has been terminated. The Company could not reach final agreeable terms with the vendor.

Trading in the Horizon shares on the NEX Board has been halted at the request of the Company … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. ANY ‎FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.‎/

CALGARY, AB, Jan. 12, 2023 /CNW/ – Horizon Petroleum Ltd. (“Horizon” or the “Company“) (TSXV: HPL.H) is pleased to announce that it has entered into a letter of intent dated December 9, 2022 (the “LOI“) with a private European company (the “Vendor“) under which Horizon will acquire all of the outstanding shares of its European oil and gas subsidiary company (“SUB“) (the “Transaction“) through the issuance of … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./

CALGARY, AB, Dec. 12, 2022 /CNW/ – Horizon Petroleum Ltd. (TSXV: HPL.H) (“Horizon” or the “Company“) is pleased to announce that it has entered into a non-binding letter of intent (“LOI“) dated December 9, 2022, to enter into a business combination (the “Transaction“) with an arm’s length oil and gas company.  It is expected that upon completion of the Transaction, the combined entity (the “Resulting Issuer“) … Continue Reading