VANCOUVER, BC, June 23, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM)) is pleased to report that at the Company’s Annual General Meeting (the “Meeting”) held today in Vancouver, shareholders received the consolidated audited financial statements of the Company for the year ended December 31, 2021 and approved all of the resolutions put forward at the Meeting, namely: View PDF

VANCOUVER, BC, May 31, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the February 2022 Atrush sales and entitlements at $31.69 million ($11.66 million net to the Company). View PDF version.

The Company is also in receipt of $3.88 million net to the Company as the next instalment for February 2022 in the Kurdistan Regional Government (“KRG”) receivable repayment mechanism calculated based on the KRG’s proposed amendment to the mechanism repayment terms as announced on May 13, 2021.  Today’s … Continue Reading

VANCOUVER, BC, May 25, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce further details following the Company’s news release of May 20, 2022 with respect to the Company’s rights offering (the “Rights Offering”) that was oversubscribed by the Company’s shareholders and no call on the standby commitment of Nemesia S.à.r.l.1 was required. ShaMaran has issued 558,242,414 common shares of the Company (the “Common Shares”) at the price of CAD $0.06825 (SEK 0.52) per Common Share being the maximum number of Common … Continue Reading

VANCOUVER, BC, May 23, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three months ended March 31, 2022¹. View PDF version.

Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented “We kicked off 2022 with another very strong set of results, further improving on Q4 2021. During the first quarter of 2022 the Company achieved a new record in oil sales revenues of $38.8 million… Continue Reading

VANCOUVER, BC, May 20, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that further to ShaMaran’s news releases of April 5, 2022, April 7, 2022 and April 26, 2022, the Company’s rights offering (the “Rights Offering”) expired at 5:00 p.m. (Eastern time) today. Pursuant to the Rights Offering, each ShaMaran shareholder of record on April 13, 2022 who was an Eligible Holder or Approved Holder (as such terms were defined in the Company’s Rights Offering circular dated April 5, 2022… Continue Reading

VANCOUVER, BC, May 4, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the January 2022 Atrush sales and entitlements at $30 million ($11.04 million net to the Company). PDF Version

The Company is also in receipt of $3.26 million net to the Company as the next instalment for January 2022 in the Kurdistan Regional Government (“KRG”) receivable repayment mechanism calculated based on the KRG’s proposed amendment to the mechanism repayment terms as announced on May 13, 2021.  Today’s payment reduces … Continue Reading

/NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE ANY OTHER MEASURES THAN REQUIRED BY SWEDISH OR CANADIAN LAW./

VANCOUVER, BC, April 26, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) has prepared a supplement to the prospectus regarding the rights issue of up … Continue Reading

/NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE ANY OTHER MEASURES THAN REQUIRED BY SWEDISH OR CANADIAN LAW./

VANCOUVER, BC, April 26, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) has prepared a supplement to the prospectus regarding the rights issue of up … Continue Reading

VANCOUVER, BC, April 25, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three months and year ended December 31, 20211. View PDF version.

Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented “2021 has been a transformational year for ShaMaran. The Company generated the highest annual oil sales revenues in its history at $102.3 million. ShaMaran’s 2021 EBITAX was more than triple that of … Continue Reading

VANCOUVER, BC, April 14, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSX: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that the Company will be hosting a virtual town hall meeting on April 27, 2022 at 18:00 CET (12:00 ET). View PDF

President and CEO, Dr. Adel Chaouch will present an update on the Company’s operations and future plans. 

All are welcome to join. Please click here to register.  After registering, you will receive a confirmation email with the meeting link and further information.

This information … Continue Reading

VANCOUVER, BC, April 7, 2022 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) and (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that the board of directors of the Company has prepared a prospectus (the “Prospectus”) in connection with the rights issue of up to approximately USD 30.5 million (290.2 million SEK1) (the “Rights Issue”) previously announced in the news release of April 5, 2022.  The Prospectus has today been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) and is available on the Company’s website … Continue Reading