|Bid||0.0550 x N/A|
|Ask||0.0650 x N/A|
|Day's Range||0.0600 - 0.0600|
|52 Week Range||0.0450 - 0.1000|
|Beta (3Y Monthly)||1.55|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER, Oct. 9, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") is pleased to provide this update on the sale of the Cheal permits. On June 24th, 2019 Company announced it had entered into a heads of agreement for the sale of its 30% interest in its Cheal concessions, subject to a number of conditions. The disposition of the Company's interests in the Cheal permits was subject to a pre-existing right of first refusal by the Company's joint venture participant in connection with the Cheal property which has been waived allowing the Company to proceed with its sale.
VANCOUVER, Aug. 7, 2019 /CNW/ - East West Petroleum Corp. (TSXV:EW.V - News) ("East West" or the "Company") announces that further to the Company's news release of June 24, 2019, the shareholders have voted overwhelmingly in favour of the Company's disposition of its 30% interest in the Cheal petroleum mining and exploration permits in New Zealand. A total of 26.3 million shares voted, 29.4% of the issued and outstanding shares, and 97.2% of the shares voted in favour. The Company is moving forward to finalize all transaction documentation, obtain regulatory acceptance of filings made with the TSX Venture Exchange and close the transaction. Further news will be issued as available. East West Petroleum Corp. (www.eastwestpetroleum.ca) is a TSX Venture Exchange listed company established in 2010 to invest in international oil & gas opportunities.
VANCOUVER, July 25, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") is pleased to provide this corporate update. The Company continues to work to finalize the sale of its 30% holding in the Cheal permits. A special meeting of shareholders to approve the sale will take place on August 7, 2019. TAG Oil Ltd. ("TAG") is the owner of the 70% interest in the Cheal permits. TAG Oil Ltd. has agreed to sell 100% of its New Zealand assets including the Cheal permits.
VANCOUVER , June 25, 2019 /CNW/ - Trading resumes in: Company: East West Petroleum Corp. TSX-Venture Symbol: EW (all issues) Resumption (ET): 9:30 AM IIROC can make a decision to impose a temporary suspension ...
VANCOUVER, June 25 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") announces that further to the Company's news release of June 24, 2019, the Company's disposition of its interest in its petroleum mining and exploration permits in New Zealand will constitute a reviewable transaction pursuant to the policies of the TSX Venture Exchange, requiring the approval of the Company's shareholders. The Company has called a special meeting for the exclusive purpose of obtaining an ordinary resolution approving the disposition of the mining and exploration permits in New Zealand, which meeting is to be held on August 7, 2019 for shareholders of record of the Company as of July 2, 2019.
VANCOUVER , June 24, 2019 /CNW/ - The following issues have been halted by IIROC: Company: East West Petroleum Corp. TSX-Venture Symbol: EW (all issues) Reason: Pending Company Contact Halt Time (ET): ...
VANCOUVER, June 24, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") announces that it has entered into a heads of agreement dated June 24th, 2019 (the "HOA") with a private arm's length New Zealand company (the "Buyer") pursuant to which the Company has agreed to sell its interest in Petroleum Exploration Permit 54877 and Petroleum Mining Permit 60291 (collectively, the "Permits") which comprise the entirety of the Company's assets in New Zealand (the "Transaction"). The Permits are the subject of a Joint Operating Agreement between a wholly owned subsidiary of East West and Cheal Petroleum Limited ("CPL"). The disposition of East West's interest in the Permits will be conditional upon the waiver of CPL of its rights under the Joint Operating Agreement to acquire East West's interest in the Permits, and the waiver or satisfaction of any other obligations as may exist to CPL.
VANCOUVER, April 24, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") Mr. Nick DeMare, interim CEO, announces the granting of stock options to the independent directors of the Company for the purchase of up to 800,000 common shares, at a price of $0.10 per share, for a period of five years. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains "forward-looking information" within the meaning of applicable securities laws.
VANCOUVER, April 23, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") Mr. Nick DeMare, interim CEO, provides this corporate update in regards to various ongoing matters. As was announced April 2, 2019 the agreement with Juva Life Inc. was terminated pursuant to the mutual understanding of the parties and the terms of the agreement. Each company was responsible for its own transaction costs and no break fee existed in the agreements. The Company has moved on from the Juva transaction and is working with its core assets. With respect to its New Zealand assets, the Company is aware that TAG Oil Ltd. has reached an agreement to sell 100% of its New Zealand assets including the Cheal permits which are owned 70% by TAG and 30% by the Company.
CPA, CA, is the President of Pacific Opportunity Capital Ltd., in Vancouver B.C. Mr. Brown has assisted in the successful establishment of several private and public companies. In the public company sector, Mr. Brown has played key roles in the success of several companies which his team at Pacific Opportunity have listed on the TSXV, the TSX and the NYSE Mkt Exchanges.
VANCOUVER, April 2, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") Mr. Nick DeMare, interim CEO, provides this further update to its prior news releases regarding the Juva transaction. The merger agreement with Juva has been terminated by mutual understanding of the parties and pursuant to the terms of the agreement. The Company will now complete steps to have it removed from the BC Securities Commission Issuers in Default list and will seek to have trading in its common shares on the TSX Venture Exchange reinstated.
While the meeting was cancelled the Company did receive final tally of votes by shareholders for the cancelled meeting and if the meeting had taken place the Juva transaction would not have received approval by shareholders. At this time the Company will not be rescheduling a meeting of shareholders to consider the Juva transaction. The Company is in discussions with Juva management to determine appropriate course of action with the contractual arrangements that exist at this time.
Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal. The company has named board member Callum Grant, an engineer by training, as its interim president and said it would move forward with plans to develop an Argentine lithium deposit. Sidoo also stepped down as president and CEO of Vancouver-based East West Petroleum on Thursday.
VANCOUVER, March 14, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") reports that Mr. David Sidoo is no longer President and CEO. As has been mentioned in the media Mr. Sidoo has been named in legal proceedings from the US government. In light of this legal action Mr. Sidoo has decided it would be in the best interests of the Company to take a leave of absence from his executive role in the Company.
VANCOUVER, March 12, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") announces cancellation of the annual general and special meeting (the "AGM") of the shareholders of the Company (the "Shareholders"), which AGM was scheduled to be held at 10:00 a.m. (local time) on Friday, March 15, 2019 at Suite 1500, 1055 West Georgia Street, Vancouver, British Columbia, Canada. All resolutions proposed for presentation to the Shareholders in the Notice of Annual General and Special Meeting of Shareholders, the accompanying Management Information Circular and the form of Proxy, which were previously mailed to all Shareholders, are anticipated to be amended and mailed to all Shareholders prior to the re-scheduled AGM being held.
VANCOUVER, Feb. 19, 2019 /CNW/ - East West Petroleum Corp. (TSX-V:EW.V - News) ("East West" or the "Company") is pleased to provide this corporate update. The Company is pleased to announce that it has executed a definitive agreement with Juva Life Inc. ("Juva") pursuant to which it will complete, subject to shareholder approval, the acquisition of Juva (the "Transaction') as previously announced and discussed in further detail in the Company's news releases dated January 8, 2018, August 17, 2018 and July 17, 2018 (the "News Releases"). In connection with the Transaction, the Company plans to delist its common shares from the TSX Venture Exchange, change its name to Juva and subsequently list on the Canadian Securities Exchange. On completion of the Transaction, the business of the Company will be the business of Juva.