reports
Loon Energy Announces Options Grant
Calgary, Alberta--(Newsfile Corp. - June 16, 2021) - Loon Energy Corporation (TSXV: LNE.H) ("Loon" or the "Company") announces that its board of directors has approved the issuance of 150,000 incentive stock options to a director of the Company. The options are exercisable at $0.13 per share and expire February 26, 2024. About Loon EnergyLoon was incorporated under the Business Corporations Act (Alberta) in the fourth quarter of 2008 and carried on business as an international oil and gas exploration company until 2017. Loon currently does not carry on any business other than the identificati...
Loon Energy Announces Board and Management Changes
Calgary, Alberta--(Newsfile Corp. - June 7, 2021) - Loon Energy Corporation (NEX: LNE.H) ("Loon" or the "Company") is pleased to announce that Danny Dalla-Longa has been appointed to the board of directors of the Company, Harvey McKenzie a director with the Company has been appointed Interim Chief Financial Officer and Michael Stein, currently Chief Executive Officer of the Company has also been appointed President and Corporate Secretary. Paul Rose resigned as Chief Financial Officer and Norman Holton resigned as President and Corporate Secretary of the Company. The Company thanks Paul and ...
Loon Energy Announces Options Grant
Calgary, Alberta--(Newsfile Corp. - February 26, 2021) - Loon Energy Corporation (NEX: LNE.H) ("Loon" or the "Company") announces that its board of directors has approved the issuance of 750,000 incentive stock options to certain directors and officers of the Company. The options are exercisable at $0.13 per share and expire February 26, 2024. About Loon EnergyLoon was incorporated under the Business Corporations Act (Alberta) in the fourth quarter of 2008 and carried on business as an international oil and gas exploration company until 2017. Loon currently does not carry on any business othe...
Michael Stein Announces Sale of Shares of Loon Energy Corporation
Toronto, Ontario--(Newsfile Corp. - December 31, 2020) - Michael Stein (the "Acquiror"), announced that he has sold an aggregate of 225,500 shares of Loon Energy Corporation ("Loon" or the "Company") through the facilities of the TSX Venture Exchange at prices ranging from $0.13 to $0.17 per share for total aggregate consideration of $32,398.30 on December 29-31, 2020. The Acquiror previously held 4,036,990 shares, directly and indirectly through WFE Investments Corp., a company controlled by him. Following the sale of shares, the Acquiror directly and indirectly has beneficial ownership or e...
Loon Energy Announces Consolidation
Calgary, Alberta--(Newsfile Corp. - December 14, 2020) - Loon Energy Corporation (NEX: LNE.H) ("Loon" or the "Company") announces that effective December 17, 2020, the Company's common shares (the "Common Shares") will be consolidated such that one (1) new Common Share will be issued for every four (4) Common Shares outstanding (the "Consolidation"). The shareholders of the Company approved the Consolidation at its annual and special meeting of shareholders held on December 8, 2020 (the "Shareholders Meeting"). The board is effecting the Consolidation in order to increase its flexibility with...
Timothy Elliott Announces Change of Shareholdings of Loon Energy Corpo...
Toronto, Ontario--(Newsfile Corp. - December 8, 2020) - Timothy Elliott (the "Seller") has today filed an early warning report (the "Early Warning Report") advising of his acquisition of 10,749,840 common shares (the "Debt Shares") of Loon Energy Corporation (the "Company") pursuant to a debt settlement agreement with the Company. The Debt Shares were issued at a price of $0.05 per share in settlement of an aggregate of $537,492 of debt.The Seller also sold an aggregate of 2,700,000 common shares (the "Sale Shares") in two private transactions today. The Sale Shares were sold at a price of $0...
Michael Stein Announces Acquisition of Shares of Loon Energy Corporati...
Toronto, Ontario--(Newsfile Corp. - December 8, 2020) - Michael Stein (the "Acquiror"), announced that he has acquired 3,400,000 shares of Loon Energy Corporation ("Loon" or the "Company") in two private transactions at a price of $0.005 per share for total aggregate consideration of $17,000.The Acquiror previously held 12,747,959 shares and options to purchase up to 3,400,000 shares at a price of $0.005 per share (the "Options") directly and indirectly through WFE Investments Corp., a company controlled by him. Following the share purchase, the Acquiror directly and indirectly has beneficial...
Loon Energy Completes Debt Settlements and Announces Changes to Its Bo...
Calgary, Alberta--(Newsfile Corp. - December 8, 2020) - Loon Energy Corporation (TSXV: LNE.H) ("Loon" or the "Company") is pleased to announce that it is has completed certain debt settlements with its directors and officers (the "Related Parties") in respect of an aggregate of $853,134 (the "Settlement Amount"), which was first announced by Loon on October 13, 2020. The Related Parties have forgiven certain amounts owing by the Company and also received an aggregate of 17,062,680 shares at a price of $0.05 per share (the "Share Issuances") in satisfaction of the Settlement Amount. The Shar...
Michael Stein Announces Acquisition of Shares of Loon Energy Corporati...
Toronto, Ontario--(Newsfile Corp. - December 3, 2020) - Michael Stein (the "Acquiror"), announced that he has acquired 2,203,000 shares of Loon Energy Corporation ("Loon" or the "Company") in a private transaction at a price of $0.005 per share for total aggregate consideration of $11,015. The Acquiror previously held 10,544,959 shares and options to purchase up to 5,603,000 shares at a price of $0.005 per share (the "Options") directly and indirectly through WFE Investments Corp., a company controlled by him. Following the share purchase, the Acquiror directly and indirectly has beneficial o...
Timothy Elliot Announces Sale of Shares of Loon Energy Corporation
Toronto, Ontario--(Newsfile Corp. - October 26, 2020) - Timothy Elliot (the "Seller") has today filed an early warning report (the "Early Warning Report") advising of his sale of an aggregate of 3,789,750 common shares (the "Shares") of Loon Energy Corporation (the "Company") in a private transaction on October 23, 2020. The Shares were sold at a price of $0.005 per Share for total aggregate consideration of $18,948.75. Following the sale of Shares, the Seller does not own any securities of the Company.The Shares were sold for investment purposes. The Seller may acquire additional Shares of ...
Michael Stein Announces Acquisition of Shares of Loon Energy Corporati...
Toronto, Ontario--(Newsfile Corp. - October 23, 2020) - Michael Stein, announced that he has acquired 3,789,750 common shares of Loon Energy Corporation ("Loon" or the "Company") and WFE Investments Corp. (collectively the "Acquiror"), a company controlled by him, purchased 6,755,209 common shares in two private transactions at a price of $0.005 per Common Share for total aggregate consideration of $52,724.80.The Acquiror previously held options to purchase up to 9,892,750 common shares at a price of $0.005 per share (the "Options"). Following the share purchases, the Acquiror has current b...
Michael Stein Announces Acquisition of Options to Purchase Shares of L...
Toronto, Ontario--(Newsfile Corp. - October 13, 2020) - Michael Stein (the "Acquiror") or WFE Investments Corp. ("WFE"), a company controlled by him, announces that he has entered into option agreements (the "Options") to acquire up to 9,892,750 common shares of Loon Energy Corporation ("Loon" or the "Company") in three private transactions at a price of $0.005 per share (the "Transactions"). The Acquiror did not own any securities of the Company prior to the Transactions. Following the Transactions, the Acquiror has current beneficial ownership or exercising control or direction over, dire...
Loon Energy Announces Debt Settlements to Strengthen Balance Sheet
Calgary, Alberta--(Newsfile Corp. - October 13, 2020) - Loon Energy Corporation (TSXV: LNE.H) ("Loon" or the "Company") is pleased to announce that it is has entered into debt settlement agreements with its directors and officers (the "Related Parties") in respect of an aggregate of US$202,216 owing as bonuses awarded and payable since February 21, 2017 (the "Bonuses Payable") and certain notes payable issued in exchange for funds loaned to the Company in the aggregate amount of US$587,941 (the "Notes Payable").The directors and officers have agreed to forgive an aggregate of US$143,841 of th...
Loon Energy Corporation Announces Termination of Amalgamation Agreemen...
Calgary, Alberta--(Newsfile Corp. - October 6, 2020) - Loon Energy Corporation (TSXV: LNE.H) ("Loon") announces that the business combination contemplated in the Amalgamation Agreement (the "Amalgamation Agreement") with Pacific West Canopy Holdings Ltd. ("PacWest"), announced on September 17, 2018, will not occur. Loon and PacWest agreed that the proposed arrangement and all financial obligations to each other arising from the Amalgamation Agreement have been cancelled effective December 31, 2019. This information was originally filed on on April 29, 2020.Loon has made a request for the re...
Loon Energy Corporation Update on Timing of Shareholders Meeting to Ap...
Calgary, Alberta--(Newsfile Corp. - November 1, 2018) - On September 17, 2018, Loon Energy Corporation (TSXV: LNE.H) ("Loon") announced that it had entered into an Amalgamation Agreement (the "Amalgamation Agreement") with Pacific West Canopy Holdings Ltd. ("PacWest"), a privately held corporation existing under the Business Corporations Act (British Columbia), pursuant to which Loon and PacWest agreed to amalgamate (the "Amalgamation") and continue as "Pacific West Canopy Ltd." (the "Resulting Issuer"). PacWest is an emerging cannabis producer as described under "About PacWest" below and it...
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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