reports
Advantagewon Announces Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - December 30, 2020) - Advantagewon Oil Corp. (CSE: AOC) (OTC: ANTGF), (the "Corporation", or "Advantagewon", or "AOC") is pleased to announce that it plans to complete a non-brokered private placement (the "Private Placement") of units ("Units" or each a "Unit") at a price of $0.0525 per Unit for aggregate gross proceeds of up to $750,000. Each Unit will be comprised of one common share in the capital of the Corporation (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant shall entitle the holder thereof to purchase one Common...
Advantagewon Oil Corp. Announces Completion of Share Consolidation
Toronto, Ontario--(Newsfile Corp. - December 18, 2020) - Advantagewon Oil Corp. (CSE: AOC) (OTC Pink: ANTGF), (the "Corporation", or "Advantagewon", or "AOC") is pleased to announce that it has completed its previously announced consolidation of its issued and outstanding common shares (the "Common Shares") on the basis of one (1) post-consolidation Common Share for twenty (20) pre-consolidation Common Shares (the "Consolidation"). Before Consolidation, the Company had 279,969,317 Common Shares issued and outstanding. Following completion of the Consolidation, the Corporation now has approxima...
Advantagewon Oil Corp. Announces Share Consolidation
Toronto, Ontario--(Newsfile Corp. - December 14, 2020) - Advantagewon Oil Corp. (CSE: AOC) (OTC Pink: ANTGF), (the "Corporation", or "Advantagewon", or "AOC") is pleased to announce that it will consolidate its issued and outstanding common shares (the "Common Shares") on the basis of one (1) post-consolidation Common Share for twenty (20) pre-consolidation Common Shares (the "Consolidation"). The Corporation received approval from its shareholders for the Consolidation at the Corporation's last annual general meeting (the "AGM") held on November 6, 2019. A consolidation on an up to 20:1 basis...
Advantagewon Oil Corp., Signs Definitive Agreement To Acquire a Signif...
Toronto, Ontario--(Newsfile Corp. - September 8, 2020) - Advantagewon Oil Corp. (CSE: AOC) (OTC PINK: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that further to its press release dated May 22, 2020, it has signed the Definitive Agreement ("DA") to acquire all the issued and outstanding common shares of Groundstar Resources Limited (TSXV: GSA.H) ("GRL"). The transaction is to be structured as an amalgamation of AOC's wholly-owned subsidiary Opulence Resources Inc. and GRL, which has approximately $32,000,000 in accumulated tax losses and the acquisition of these losses ...
Advantagewon Oil Corp., Acquires Additional Well
Toronto, Ontario--(Newsfile Corp. - July 14, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that it has acquired an additional oil well located in the Province of Alberta.The acquisition of this one well was for the purchase price of $1.00 CDN. The well is currently shut in and the Corporation plans on reactivating this well in the very near term. Prior to being shut in the well was producing approximately 10 BOPD.Stephen Hughes, CEO said, "We are very excited by this acquisition. This acquisition was made possible b...
Advantagewon Oil Corp., Completes Its Q1 Financial Statements
Toronto, Ontario--(Newsfile Corp. - June 22, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that as of the date of this press release, the Corporation had both completed and had filed onto SEDAR its Q1, 2020 Interim Financial Statements ("Interim Documents"). With the completion of the filing of the Interim Documents the Corporation is now current and up-to-date in its required filings and disclosures. As disclosed in the Corporation's April 22nd, 2020 press release, due to delays caused by COVID-19, the Corporation...
Advantagewon Oil Corp., Acquires Opulence Resources Inc.
Toronto, Ontario--(Newsfile Corp. - June 18, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced that effective of the date of this press release, the Corporation had signed and that it had entered into a Purchase Agreement where the Corporation has agreed to acquire Opulence Resources Inc., ("Opulence") an Alberta based Private Company for the amount of Twenty-Five Thousand Dollars ("$25,000.00") CDN.Opulence's assets consist of "General Eligibility" licenses from the Alberta Energy Regulator and another similar license from th...
Advantagewon Oil Corp., Completes 2019 Audited Financial Statements, P...
Toronto, Ontario--(Newsfile Corp. - June 1, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that as of the date of this press release, the Corporation had completed its 2019 Audited Financial Statements and will have the filings associated with the 2019 Audit finalized today. The Corporation is now in the process of commencing and completing its Q1, 2020 Interim Financial Statements ("Interim Documents"). The Corporation anticipates that it will be in a position to file the Interim Documents by June 30th, 2020.As discl...
Advantagewon Oil Corp., Acquires 42.5% Working Interest In Four Saskat...
Toronto, Ontario--(Newsfile Corp. - May 22, 2020) - Advantagewon Oil Corp., (CSE: AOC) (OTC Pink: ANTGF) (the "Corporation", "Advantagewon", "AOC") announced today that it had entered into a Purchase Agreement where the Corporation has agreed to acquire a 42.5% working interest in four wells, and the associated land lease for the wells, from a private Company. Keeping consistent with Corporation's refocused Canadian business strategy, the four wells that the Corporation is acquiring are all located in the Province of Saskatchewan. The land lease the Corporation has acquired in this transacti...
Advantagewon Oil Corp., Enters Into A Letter of Intent To Acquire a Si...
Toronto, Ontario--(Newsfile Corp. - May 13, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that it had entered into a Letter of Intent ("LOI") to acquire Groundstar Resources Limited ("GRL"). The Corporation expects to enter into a Definitive Agreement ("DA") with GRL within the next 90 days.GRL has approximately $30,000,000 CDN in accumulated tax losses and the acquisition of these losses will allow AOC to defer a significant amount of income tax when it enters a taxable position. The purchase price for the tax loss...
Advantagewon Oil Corp., Postponement of Filing of 2019 Audited Financi...
Toronto, Ontario--(Newsfile Corp. - April 22, 2020) - Advantagewon Oil Corp., (CSE: AOC) (OTC Pink: ANTGF) (the "Corporation", "Advantagewon", "AOC") announces that the Corporation will not be in a position to file its audited annual financial statements for the fiscal year ended December 31st , 2019 and the related management's discussion and analysis, as required by Part 4 and Part 5 of National Instrument 51-102: Continuous Disclosure Obligations (collectively, the "Annual Filings") by the filing deadline of April 30th, 2020.The challenges posed by COVID-19 have resulted in a delay in the ...
Advantagewon Oil Corp., Acquires Additional Wells and Production
Toronto, Ontario--(Newsfile Corp. - March 30, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that it successfully continues to add additional production and production opportunities.The asset acquisition consists of multiple licensed well locations with current production and an inventory of reactivation candidates. The acquisition was from a private company. The purchase price is consistent with our goal of low cost acquisitions with the opportunity to increase production through our optimization strategies. As a resu...
Advantagewon Oil Corp., Ties In Second Canadian Well Producing 40 BOE/...
Toronto, Ontario--(Newsfile Corp. - March 12, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that further to its press release issued March 3, 2020 it has completed tying in it's second Canadian well.The second well is now on production and producing 40 Barrels of Oil Equivalent Per Day ("BOE/D"). The Corporation will receive 100% of the net revenue until it has recovered the cost of well currently estimated at $60,000 CDN after which time it will become a 75% working interest owner.The Corporation continues to execute ...
Advantagewon Oil Corp., Completes Work On Second Canadian Well, Discov...
Toronto, Ontario--(Newsfile Corp. - March 3, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that further to its press release previously issued on February 3, 2020 that the Corporation has completed all of the work on its second Canadian well. The Corporation is pleased to announce that the work was successful, and oil has been discovered. The Corporation is in the process of tying in the well and expects to be able to report flow rates in the next 7 to 10 business days. The Corporation will receive 100% of the net re...
Advantagewon Oil Corp., Sells Texas Assets Now Exclusively Focused on ...
Toronto, Ontario--(Newsfile Corp. - February 4, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that the Corporation has sold all of its remaining US assets to Emerald Bay Energy Inc., (TSXV: EBY), ("EBY").In consideration for its holdings, the Corporation will receive from EBY a cash payment of Fifty Thousand Dollars ("$50,000.00") USD and the Corporation also received Thirty-Nine Million and Twenty-Seven Thousand ("39,027,000") Common Shares of EBY, subject to final TSX approval, which amounted to Three Hundred Thousan...
Advantagewon Oil Corp., Further Expands its Canadian Operations
Toronto, Ontario--(Newsfile Corp. - February 3, 2020) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that it has further expanded and advanced its Canadian based operations. The Corporation has entered into an agreement whereby it acquired a working rights interest to a former operating well that has a historic production record of between 20 and 30 Barrels of Oil Per Day ("BOPD"). The Corporation has also committed to funding and implementing a workover program with the purpose of recommissioning the well that it is acquiri...
Advantagewon Oil Corp. Appoints Mr. Howard Blacker as CFO, Announces Q...
Toronto, Ontario--(Newsfile Corp. - December 4, 2019) - Advantagewon Oil Corp., (CSE: AOC), (OTC Pink: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that effective immediately, it has appointed Mr. Howard Blacker as the Corporation's Chief Financial Officer. Mr. Blacker is a Chartered Professional Accountant and a Chartered Accountant. Mr. Blacker articled with Coopers and Lybrand where he practised until 1990, working in the firm's audit and insolvency divisions. Mr. Blacker left public practise in 1990 to join a geological and geophysical consulting firm as Chief Financ...
Advantagewon Oil Corp. Ties In First Canadian Well Producing 85 BOPD
Toronto, Ontario--(Newsfile Corp. - November 12, 2019) - Advantagewon Oil Corp. (CSE: AOC) (OTC Pink: ANTGF) (the "Corporation", "Advantagewon", "AOC") announced today that it has tied in its first Canadian well.The first well is now on production and producing 85 Barrels of Oil Per Day ("BOPD"). The Corporation has a 50% non-working interest in this well, and as such is earning 42.5 BOPD. The Corporation will receive payment for its November oil sales in January. The Corporation is in the process of completing the paperwork to receive oil production in kind which will speed up the payment p...
Advantagewon Oil Corp., Announces Results of its AGM
Toronto, Ontario--(Newsfile Corp. - November 7, 2019) - Advantagewon Oil Corp., (CSE: AOC) (OTC Pink: ANTGF) (the "Corporation", "Advantagewon", "AOC") announced today the results of the Corporation's Annual General Meeting ("AGM") of Shareholders which was held on Wednesday November 6th, 2019 at 2:00 pm EST at the Corporation's head office in Toronto. The Corporation is pleased to report that all items that were set out in the Notice of the Meeting were duly passed at the AGM including the appointment of McGovern, Hurley LLP., as the Corporation's Auditor, the approval of the Corporation's...
Advantagewon Oil Corp., Provides Update on Its Entrance into the Canad...
Toronto, Ontario--(Newsfile Corp. - October 17, 2019) - Advantagewon Oil Corp., (CSE: AOC) (OTCQB: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that it had completed on the first Canadian based well of its three well joint venture reactivation plan what the Corporation announced, via press release, back on September 26th, 2019.The first of the three well initiative is producing, AOC had proposed a reactivation that would produce 30 Barrels of Oil Per Day ("BOPD") as a gross production number. Upon further evaluation of the original core sampling it was determined there wa...
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