CALGARY, ALBERTA–(Marketwired – July 6, 2017) – PetroShale Inc. (“PetroShale” or the “Company“) (TSX VENTURE:PSH)(OTCQX:PSHIF) is pleased to announce the results of its annual and special meeting (the “Meeting“) of its shareholders held on July 6, 2017, as follows:

CALGARY, ALBERTA–(Marketwired – June 26, 2017) –

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PetroShale Inc. (“PetroShale” or the “Company”) (TSX VENTURE:PSH)(OTCQX:PSHIF) is pleased to announce the closing of its previously announced private placement to Mr. Mike Wood, the recently appointed President and Chief Executive Officer of the Company, of 384,615 common voting shares at a price of $1.30 per share for aggregate proceeds of $500,000.

The Company intends to use the proceeds of the private placement for general corporate purposes. The common voting shares issued in connection with the private placement … Continue Reading

CALGARY, ALBERTA–(Marketwired – June 5, 2017) – PetroShale Inc. (“PetroShale” or the “Company”) (TSX VENTURE:PSH)(OTCQX:PSHIF) is pleased to announce the acquisition of additional land in one of our core areas, changes to our executive management and Board, and a private placement for aggregate proceeds of $500,000.

PetroShale is pleased to announce that it has acquired an additional high-quality acreage position in our South Berthold core area for a purchase price of US$9.0 million. The acreage forms part of two separate drilling units, including one in which PetroShale has existing acreage and will now operate with a 92% working interest. The … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 25, 2017) – PetroShale Inc. (“PetroShale” or the “Company”) (TSX VENTURE:PSH)(OTCQX:PSHIF) is pleased to announce its financial and operating results for the three month period ended March 31, 2017. The Company’s unaudited consolidated financial statements and corresponding Management’s Discussion and Analysis (MD&A) for the period are available on SEDAR at www.sedar.com, on the OTCQX website at www.otcqx.com, and on PetroShale’s website at www.petroshaleinc.com. Copies of the materials can also be obtained upon request without charge by contacting the Company directly. Please note, currency figures presented herein are reflected in Canadian dollars, unless otherwise … Continue Reading

CALGARY, ALBERTA–(Marketwired – April 28, 2017) – PetroShale Inc. (“PetroShale” or the “Company”) (TSX VENTURE:PSH)(OTCQX:PSHIF) is pleased to announce its financial and operating results for the three and twelve month periods ended December 31, 2016, along with updated reserves as at December 31, 2016.

PetroShale will file its audited consolidated financial statements and the corresponding Management’s Discussion and Analysis (“MD&A”) as at and for the year ended December 31, 2016, as well as its 2016 Annual Information Form including its year end reserves disclosures, on SEDAR at www.sedar.com, on the OTCQX website at www.otcqx.com, and post the information … Continue Reading

DENVER, COLORADO–(Marketwired – April 11, 2017) – Mr. Todd Slawson announced today that as a result of the recently announced closing of a public offering (the “Offering“) of 122,265,000 voting common shares (“Common Shares“) by PetroShale Inc. (“PetroShale“) (TSX VENTURE:PSH), the holdings of securities of PetroShale owned or controlled by Mr. Slawson, directly or indirectly, decreased to less than 10% of the outstanding securities of the class of securities that was the subject of the most recent report filed by Mr. Slawson in respect of PetroShale under National Instrument 61-103.

Prior to the Offering, Mr. Slawson, directly or indirectly, had … Continue Reading

CALGARY, ALBERTA–(Marketwired – April 11, 2017) – On April 11, 2017 Mr. M. Bruce Chernoff (“Chernoff“) acquired, through Hawthorne Energy Ltd., an entity substantially owned by him, ownership of 44,444,500 voting common shares (the “Acquired Shares“) of PetroShale Inc. (“PetroShale“) (TSX VENTURE:PSH). The Acquired Shares were purchased at a price of $0.90 per share for aggregate consideration of approximately $40 million.

The Acquired Shares were acquired by Chernoff pursuant to a short form prospectus offering of PetroShale (the “Offering“). Including the Acquired Shares, Chernoff owns and controls 56,628,083 Common Shares, representing approximately 37.8% of the currently issued and outstanding Common … Continue Reading