TORONTO, ONTARIO–(Marketwired – Aug. 15, 2017) – Dundee Energy Limited (TSX:DEN) (“Dundee Energy” or the “Corporation”) today announced that Dundee Oil and Gas Limited (“DOGL”) and Dundee Energy Limited Partnership (“DELP”) (each a wholly owned entity of the Corporation) have commenced reorganization proceedings by filing a notice of intention to make a proposal under the Bankruptcy and Insolvency Act (the “BIA”). The reorganization proceedings have been commenced in response to the notice received on July 21, 2017 from the lenders under the amended and restated credit agreement dated July 31, 2012, as amended (the “Credit Agreement”), demanding repayment in full … Continue Reading

TORONTO, ONTARIO–(Marketwired – Aug. 11, 2017) – Dundee Energy Limited (TSX:DEN) (“Dundee Energy” or the “Corporation”) today announced it has been notified by the Toronto Stock Exchange (“TSX”) that as a result of the delisting review conducted by the TSX, the common shares of the Corporation will be delisted from the TSX at the open of trading on September 11, 2017.

The Corporation is investigating its qualifications to list its common shares on another Canadian stock exchange, however, there can be no assurance that the Corporation will be successful in securing a listing on another Canadian stock exchange.

FORWARD-LOOKING STATEMENTS … Continue Reading

TORONTO, ONTARIO–(Marketwired – Aug. 2, 2017) – Dundee Energy Limited (“Dundee Energy” or the “Corporation”) (TSX:DEN) today announced its financial results for the three and six month periods ended June 30, 2017. The Corporation’s unaudited condensed interim consolidated financial statements, along with its management’s discussion and analysis have been filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and may be viewed under the Corporation’s profile at www.sedar.com or the Corporation’s website at www.dundee-energy.com.

LIQUIDITY

On January 31, 2017, Dundee Energy Limited Partnership (“DELP”), the Corporation’s primary operating subsidiary, entered into a forbearance agreement (the “Forbearance Agreement”) … Continue Reading

TORONTO, ONTARIO–(Marketwired – July 21, 2017) – Dundee Energy Limited (“Dundee Energy” or the “Corporation”) (TSX:DEN) today announced that the Corporation and certain of its wholly owned entities have received notice from the lenders under the amended and restated credit agreement dated July 31, 2012, as amended (the “Credit Agreement”), demanding repayment in full on or before July 31, 2017 the outstanding principal amount under the Credit Agreement of approximately $57 million, together with all accrued and unpaid interest and expenses payable under the Credit Agreement.

The Corporation is currently reviewing its options with its legal and financial advisors with … Continue Reading

TORONTO, ONTARIO–(Marketwired – July 13, 2017) – Dundee Energy Limited (TSX:DEN) (“Dundee Energy” or the “Corporation”) today announced that the Toronto Stock Exchange (“TSX”) has agreed to provide the Corporation with a further 30 day extension of the previously announced continued listing review being undertaken by the TSX in respect of the Corporation’s common shares. The extension has been granted to provide the Corporation with additional time to further advance discussions with its lender. The Corporation is being reviewed under the TSX’s remedial review process and has until August 14, 2017 to comply with all requirements for continued listing, including … Continue Reading

TORONTO, ONTARIO–(Marketwired – July 12, 2017) – Dundee Energy Limited (TSX:DEN) (“Dundee Energy” or the “Company”) announced today that M. Jaffar Khan has resigned as a director of the Company. The board of directors of Dundee Energy would like to thank Mr. Khan for his contributions to the Company.

ABOUT THE COMPANY

Dundee Energy Limited is a Canadian-based oil and natural gas company with a mandate to create long-term value for its shareholders through the exploration, development, production and marketing of oil and natural gas, and through other high impact energy projects. Dundee Energy holds interests, both directly and indirectly, … Continue Reading

TORONTO, ONTARIO–(Marketwired – June 13, 2017) – Dundee Energy Limited (TSX:DEN) (“Dundee Energy” or the “Corporation”) today announced that the Toronto Stock Exchange (“TSX”) has agreed to provide the Corporation with a 30 day extension of the previously announced continued listing review being undertaken by the TSX in respect of the Corporation’s common shares. The extension has been granted to provide the Corporation with additional time to further advance discussions with its lender and to complete its assessment of options available with respect to the arbitration tribunal’s decision related to the Castor Project. The Corporation is being reviewed under the … Continue Reading

TORONTO, ONTARIO–(Marketwired – June 7, 2017) – Dundee Energy Limited (TSX:DEN) (“Dundee Energy” or the “Company”) announced today that Harold (Sonny) Gordon has resigned as a director of the Company effective today. The board of directors of Dundee Energy would like to thank Mr. Gordon for his contributions to the Company. Garth A.C. MacRae will replace Mr. Gordon as Non-Executive Chairman of the Company.

ABOUT THE COMPANY

Dundee Energy Limited is a Canadian-based oil and natural gas company with a mandate to create long-term value for its shareholders through the exploration, development, production and marketing of oil and natural gas, … Continue Reading

TORONTO, ONTARIO–(Marketwired – June 7, 2017) – In accordance with regulatory requirements, Dundee Energy Limited (TSX:DEN) (“Dundee Energy”) announces that at the annual meeting of shareholders (the “Meeting”) held today, all of the nominees for election as directors of Dundee Energy referred to in its management information circular for the Meeting were elected by way of show of hands. If a ballot vote had been taken, based solely on proxies received by Dundee Energy, the voting results for the election of directors would have been as follows:

TORONTO, ONTARIO–(Marketwired – May 11, 2017) – Dundee Energy Limited (“Dundee Energy” or the “Corporation”) (TSX:DEN) today announced that it has been notified by the Toronto Stock Exchange (“TSX”) that it is being placed under delisting review in respect of its common shares. The Corporation is being reviewed under the TSX’s remedial review process and has been granted 30 days to comply with all requirements for continued listing, including with respect to financial condition and operating results and market capitalization. If the Corporation cannot demonstrate that it meets all TSX requirements set out in Part VII of the TSX Company … Continue Reading

TORONTO, ONTARIO–(Marketwired – May 2, 2017) – Dundee Energy Limited (“Dundee Energy” or the “Company”) (TSX:DEN) announced today that Michael Smith has resigned as a director of the Company effective today. The board of directors of Dundee Energy would like to thank Mr. Smith for his contributions to the Company.

ABOUT THE COMPANY

Dundee Energy Limited is a Canadian-based oil and natural gas company with a mandate to create long-term value for its shareholders through the exploration, development, production and marketing of oil and natural gas, and through other high impact energy projects. Dundee Energy holds interests, both directly and … Continue Reading

TORONTO, ONTARIO–(Marketwired – May 2, 2017) – Dundee Energy Limited (“Dundee Energy” or the “Corporation”) (TSX:DEN) today announced its financial results for the three month period ended March 31, 2017. The Corporation’s unaudited condensed interim consolidated financial statements, along with its management’s discussion and analysis have been filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) and may be viewed under the Corporation’s profile at www.sedar.com or the Corporation’s website at www.dundee-energy.com.

FINANCIAL HIGHLIGHTS