reports
Peak Discovery Announces Annual General and Special Meeting Voting Res...
Peak Discovery Announces Annual General and Special Meeting Voting Results VANCOUVER, British Columbia, April 28, 2023 (GLOBE NEWSWIRE) -- Peak Discovery Capital Ltd. (TSXV: HE.H) (the “Company” or “Peak Discovery”) announces that the voting results from the Annual General and Special Meeting of Shareholders of the Company (the “Meeting”) which was held on April 27, 2023. At the Meeting, 13,472,841 common shares, representing 69.38% of the issued and outstanding shares, were voted by proxy. All proposed resolutions were approved, and details of all resolutions that were voted upon are se...
Hanwei to Conduct Name Change
Hanwei to Conduct Name Change VANCOUVER, British Columbia, April 11, 2023 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSXV: HE.H) (the “Company” or “Hanwei”) announces that the Board of Directors of the Company approved on March 22, 2023 the change of the Company’s current name “Hanwei Energy Services Corp.” with “Peak Discovery Capital Ltd.” (the “Name Change”), subject to the acceptance of the TSX Venture Exchange. The effective date for the Name Change is scheduled on April 20, 2023, and the new CUSIP # is 70470A101. The decision was made by the Directors as it is believed that ...
Hanwei to Conduct Consolidation
Hanwei to Conduct Consolidation VANCOUVER, British Columbia, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSXV: HE.H) (the “Company” or “Hanwei”) announces that the Board of Directors of the Company approved a consolidation of the Company’s outstanding share capital on a ratio of ten (10) pre-Consolidation common shares for one (1) post-Consolidation common share (the “Consolidation”), and completion of the Consolidation remains subject to the acceptance of the TSX Venture Exchange. The effective date for the Consolidation is scheduled on Friday, October 21, 2022. The ...
Hanwei to Migrate Its Listing from the Toronto Stock Exchange to NEX
Hanwei to Migrate Its Listing from the Toronto Stock Exchange to NEX VANCOUVER, British Columbia, June 23, 2022 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), announces that it has received approval to list its common shares on the NEX division of the TSX Venture Exchange (“NEX”), having met the customary listing requirements of NEX, including the filing of all required documentation. The Company’s common shares will be voluntarily delisted from the Toronto Stock Exchange (“TSX”) effective at the close of trading on June 27, 2022 and will begin tra...
Hanwei Announces Resignation of Director and Appointment of CEO
Hanwei Announces Resignation of Director and Appointment of CEO VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today announced that Mr. Fulai Lang has resigned as a Director, Chairman of the Board, President and Chief Executive Officer of the Company effective February 15, 2022. The Company wishes to sincerely thank Mr. Lang for his contributions to the Company over the last fifteen years. The Company also announced effective today the Company has appointed Ms. Joanne Yan, the Company’s independent direct...
Hanwei Energy Services Reports Third Quarter Fiscal 2022 Financial and...
Hanwei Energy Services Reports Third Quarter Fiscal 2022 Financial and Operational Results VANCOUVER, British Columbia, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today reported its financial results for the third quarter and nine months ended December 31, 2021 (“Q3 2022” and “YTD”). All amounts are in Canadian Dollars unless otherwise noted. Financial and Operating Update Prior to the sale of its oil & gas business and FRP pipe business, Hanwei's principal business operations are in two segments of the oil and gas industry as a...
Hanwei Completes Sale of Harvest Longwall High Pressure FRP Pipe Co., ...
Hanwei Completes Sale of Harvest Longwall High Pressure FRP Pipe Co., Ltd. VANCOUVER, British Columbia, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”) today announced that it completed the sale of its wholly-owned Chinese subsidiary, Harvest Longwall High Pressure FRP Pipe Co., Ltd. (“Harvest”) to DaQing TUJIAO Trading Co., Ltd. (the “Purchaser”) after this sale transaction had been approved by the shareholders of the Company by special resolution on January 12, 2022. The considerations which the Company obtained for the sale of Harves...
Hanwei Announces Results of Annual General and Special Meeting
Hanwei Announces Results of Annual General and Special Meeting VANCOUVER, British Columbia, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), announces the voting results from the Annual General and Special Meeting of Shareholders of the Company (the “Meeting”) which was held on January 12, 2022. At the Meeting, 112,642,962 commons shares, representing 58% of the issued and outstanding shares, were voted by proxy. All proposed resolutions were approved, and details of all resolutions that were voted upon are set out in the Managemen...
Hanwei Announces Proposed Sale of Harvest Longwall High Pressure FRP P...
Hanwei Announces Proposed Sale of Harvest Longwall High Pressure FRP Pipe Co., Ltd. VANCOUVER, British Columbia, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), announces that it has arranged, as vendor, an arm’s length purchase and sale agreement dated November 24, 2021 (the “Agreement”) with DanQing Tujiao Trading Co., Ltd., as purchaser (the “Purchaser”) for the proposed sale and disposition of Harvest Longwall High Pressure FRP Pipe Co., Ltd. (“Harvest”) to the Purchaser for CND$1,050,000 and the Purchaser’s assumption of all liabi...
Hanwei Energy Services Reports Second Quarter Fiscal 2022 Financial an...
Hanwei Energy Services Reports Second Quarter Fiscal 2022 Financial and Operational Results VANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today reported its financial results for the second quarter and nine months ended September 30, 2021(“Q2 2022” and “YTD”). All amounts are in Canadian Dollars unless otherwise noted. Financial and Operating Update Prior to the sale of its oil and gas business, Hanwei's principal business operations are in two segments of the oil and gas industry as an operator and dev...
Hanwei Announces the Resignation and Appointment of Director
Hanwei Announces the Resignation and Appointment of Director VANCOUVER, British Columbia, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today announced that Mr. William G. Paine has resigned as an Independent Director of the Company effective September 28, 2021. The Company wishes to sincerely thank Mr. Paine for his contributions to the Company over the last fourteen years. The Company also announced that effective today the Company has appointed Ms. Mary Ma (CPA, CGA), the Company’s Chief Financial Officer and Corporate Secretary...
Hanwei Defers Annual Meeting of Shareholders
Hanwei Defers Annual Meeting of Shareholders VANCOUVER, British Columbia, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today announced that after careful consideration, it has elected to defer the timing of its 2021 Annual General Meeting of shareholders, which is normally held in September. Hanwei is currently exploring alternative business strategies, and plans to hold the Annual General Meeting within the next 4 months. This decision was not taken lightly. Ultimately, the Company wishes to ensure that all required pandemic trav...
Hanwei Energy Services Sells Alberta Oil and Gas Limited Partnership
Hanwei Energy Services Sells Alberta Oil and Gas Limited Partnership VANCOUVER, British Columbia, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today announced that it has completed the sale of its wholly-owned Alberta limited partnership, HESC Energy Limited Partnership, and its general partner, HESC Energy Corporation (collectively, “HESC”), including all of their corporate assets in Alberta, to BOCO Energy Inc. (the “Purchaser”) for an undisclosed price, inclusive of the assumption of all liabilities, accruing liabilities and obli...
Hanwei Energy Services Reports First Quarter Fiscal 2022 Financial and...
Hanwei Energy Services Reports First Quarter Fiscal 2022 Financial and Operational Results VANCOUVER, British Columbia, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today reported its financial results for the first quarter ended June 30, 2021(“Q1 2022”). All amounts are in Canadian Dollars unless otherwise noted. Financial and Operating Update Hanwei's principal business operations are in two complementary segments of the oil and gas industry as an operator and developer of its own oil and gas assets in Canada and as a specializ...
Hanwei Energy Services Reports Year End Fiscal 2021 Financial and Oper...
Hanwei Energy Services Reports Year End Fiscal 2021 Financial and Operational Results VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today reported its financial results for the year ended March 31, 2021 (the “2021 Fiscal Year”). All amounts are in Canadian Dollars unless otherwise noted. Update on COVID-19 Impact As COVID-19 vaccination programs continue to be implemented in Canada and around the world oil prices have continued to increase. To the extent that the COVID-19 pandemic ne...
Hanwei Energy Reports Third Quarter Fiscal 2021 Financial and Operatio...
Hanwei Energy Reports Third Quarter Fiscal 2021 Financial and Operational Results VANCOUVER, British Columbia, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”) today reported its financial results for the three and nine months ended December 31, 2020. All amounts are in Canadian Dollars unless otherwise noted. Update on COVID-19 Impact With the recent announcements of various COVID-19 vaccine approvals in Canada and around the world, oil prices have recently increased. Commodity prices and the economic environment remains volatile and ...
Hanwei Energy Services Announces Resignation of CFO and Appointment of...
Hanwei Energy Services Announces Resignation of CFO and Appointment of New CFO VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”) today announced that Ms. Irene Mai has resigned from her position as Chief Financial Officer of the Company effective December 31, 2020 to pursue other business interests. The Company has appointed Ms. Mary Ma, CPA, CGA as its new Chief Financial Officer effective January 1, 2021. Ms. Ma has over 20 years of experience in finance and accounting in Canada and China including previous...
Hanwei Energy Services Announces Sale of Its Hanwei Wind Subsidiary
Hanwei Energy Services Announces Sale of Its Hanwei Wind Subsidiary VANCOUVER, British Columbia, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”) today announced that it has completed the sale of its 100% equity interest in its wholly owned Chinese subsidiary, Hanwei Wind Power Equipment (Daqing) Co., Ltd. (“Hanwei Wind”). As previously disclosed, the Company’s wind power business was classified as discontinued operations since 2011 and Hanwei Wind has been inactive since then. All assets of Hanwei Wind were written down previously and ...
Hanwei Energy Services Provides Update on Acquisition of Additional En...
Hanwei Energy Services Provides Update on Acquisition of Additional Entice Assets VANCOUVER, British Columbia, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today provided an update as to its acquisition of certain additional Entice assets. As previously reported, the Company completed its agreement to acquire out of a receivership proceeding certain oil and gas facilities, wells, and rights adjacent to its Entice Lands on June 30, 2020. The transfer of the assets from the receivership were subject to regulatory approval. T...
Hanwei Energy Services Reports Second Quarter Fiscal 2021 Financial an...
Hanwei Energy Services Reports Second Quarter Fiscal 2021 Financial and Operational Results VANCOUVER, British Columbia, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today reported its financial results for the six months ended September 30, 2020. All amounts are in Canadian Dollars unless otherwise noted. Update on COVID-19 Impact Global commodity prices have declined significantly due to a collapse in demand attributed to COVID-19 in combination with an oversupply of oil due to disputes between major oil producing countries...
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