PEA.V - Pieridae Energy Limited

TSXV - TSXV Delayed Price. Currency in CAD
0.9600
-0.0300 (-3.03%)
At close: 3:53PM EDT
Stock chart is not supported by your current browser
Previous Close0.9900
Open0.9800
Bid0.9500 x 0
Ask0.9800 x 0
Day's Range0.9600 - 0.9800
52 Week Range0.7100 - 4.5500
Volume20,750
Avg. Volume45,379
Market Cap83.245M
Beta (3Y Monthly)1.48
PE Ratio (TTM)N/A
EPS (TTM)-0.9280
Earnings DateAug. 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2017-10-19
1y Target Est4.00
  • Baystreet

    Stocks in play: Pieridae Energy Limited

    Has closed the first tranche of its previously announced brokered private placement of Company subscription ...

  • GlobeNewswire

    Pieridae Energy Closes Tranche One of Subscription Receipts Private Placement

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) is pleased to announce that it has closed the first tranche of its previously announced brokered private placement of Company subscription receipts (the “Offering”).

  • GlobeNewswire

    Pieridae and AIMCo Agree to Extend Term Loan and Convertible Debenture Maturity

    Pieridae Energy Limited (Pieridae or the Company) (PEA.V) announces that Alberta Investment Management Corporation, on behalf of certain of its clients, and Pieridae have agreed to extend the maturity date of both (a) the $50 million senior secured term loan facility (the “Term Loan”), as described in the news release issued by the Company on December 18, 2018, and (b) the $10 million secured convertible debenture, as described in the news release issued by the Company on July 2, 2019, from September 30, 2019 to the earlier to occur of (i) October 16, 2019, or (ii) the day on which an acceleration notice is delivered, or deemed to be delivered under the Term Loan. This revised maturity date will align with Pieridae’s closing of its proposed acquisition of certain midstream and upstream properties from Shell Canada Energy as described in the news release issued by the Company on June 26, 2019 which Pieridae expects to occur on or before October 16, 2019.

  • GlobeNewswire

    Pieridae Energy Issues an Update on the Private Placement of Subscription Receipts

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) is pleased to announce that Haywood Securities Inc., as sole agent, has confirmed that it has received subscriptions for the placement of 38,637,850 subscription receipts of the Company at a price of $0.86 per subscription receipt for gross proceeds of $33,228,551.38 (the “Subscription Receipt Offering” or the “Offering”). This includes a subscription of $20 million from Erikson National Energy Inc., a portfolio company of Third Eye Capital Corporation, a subscription of $8.5 million from Electron Capital and subscriptions of approximately $350,000 from certain directors of the Company.

  • GlobeNewswire

    Pieridae Announces Second Quarter Results

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its second quarter (“Q2”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six month periods ending June 30, 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. On April 1, 2019, the Company announced it had engaged Kellogg Brown & Root Limited ("KBR") to perform a review of an amended version of the previously prepared front-end engineering and design study for its proposed Goldboro LNG Facility.

  • GlobeNewswire

    Pieridae Negotiates Extensions of Key Deadlines in Its Long-Term LNG Agreement With Uniper

    Pieridae Energy Limited (Pieridae or the Company) (PEA.V) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German utility Uniper. The 20-year agreement with Uniper is for half the liquefied natural gas produced at Goldboro or 5 mmtpa (million tonnes per annum). A redacted copy of the agreement and a copy of the recent amendment are available on SEDAR which have been filed as “other material contracts” and “other material contacts (amended)”, respectively.

  • Pieridae Energy Limited Closes the Market
    CNW Group

    Pieridae Energy Limited Closes the Market

    TORONTO , July 9, 2019 /CNW/ - Live from Calgary , Alfred Sorensen , Chief Executive Officer & Director, Pieridae Energy Limited (PEA), joined Brady Fletcher , Managing Director & Head, TSX Venture Exchange, ...

  • GlobeNewswire

    Pieridae Closes the TSX – Injects Some Stampede Spirit!

    Pieridae Energy Limited (Pieridae or the Company) (PEA.V) today had the privilege to close the Toronto Stock Exchange. The TSX has a rich history, created in the fall of 1861 by 24 men who had gathered at Toronto’s Masonic Hall to set up a framework to trade assets. Equally steeped in tradition, the Calgary Stampede’s roots are traced to 1886 when the Calgary and District Agricultural Society held its first fair.

  • GlobeNewswire

    Pieridae Grants Common Shares & Options

    NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, July 03, 2019 --  Pieridae Energy Limited (Pieridae or the.

  • GlobeNewswire

    Pieridae Energy Limited Announces Closing of Non-Brokered Private Placement of Common Shares and Convertible Debentures for a Total of $12.2 Million

    Pieridae Energy Limited (Pieridae or the Company) (PEA.V) is pleased to announce that it has closed its previously announced (i) non-brokered private placement of common shares of the Company at a price of $0.86 per share for gross proceeds of $2.2 million (the “Common Share Offering”) and (ii) a non-brokered private placement of a secured convertible debenture of the Company (the “Convertible Debenture”) for aggregate gross proceeds of $10 million (the “Convertible Debenture Offering” and together with the Common Share Offering, the “Offering”). Gross proceeds from the Offering were $12.2 million.

  • CNW Group

    IIROC Trading Resumption - PEA

    VANCOUVER , July 2, 2019 /CNW/ - Trading resumes in: Company: Pieridae Energy Limited TSX-Venture Symbol: PEA (all issues) Resumption (ET): 9:30 IIROC can make a decision to impose a temporary suspension ...

  • GlobeNewswire

    Pieridae Energy to Purchase Shell Canada Foothills-Area Production & Assets: 28,623 BOE/d and Associated Midstream Assets, Including Three Deep-Cut Gas Plants

    Highlights: Acquisition immediately accretive to the CompanyAnother major step forward, now fully supplying Train 1 at the Goldboro LNG facilityPieridae becomes a major player.

  • CNW Group

    IIROC Trading Halt - PEA

    VANCOUVER , June 25, 2019 /CNW/ - The following issues have been halted by IIROC: Company: Pieridae Energy Limited TSX-Venture Symbol: PEA (All issues) Reason:  At the Request of the Company Pending News ...

  • GlobeNewswire

    Pieridae Announces the Results of Its Annual and Special Shareholder Meeting

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) today announced the re-election of Mr. Myron A. Tétreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Kjell Pedersen and Mr. Tim de Freitas as its directors for the forthcoming year, and the election of Mr. Charle Gamba as a new independent director.

  • GlobeNewswire

    Pieridae Announces First Quarter Results

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) has filed its first quarter (“Q1”) unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the first three months of 2019. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com and are filed on SEDAR at www.sedar.com. On February 4, 2019 Pieridae signed a benefits agreement with the Assembly of Nova Scotia Mi’kmaq Chiefs.

  • GlobeNewswire

    Pieridae Comments on Recent Trading and Maintains Momentum for Goldboro LNG Project

    Pieridae Energy Limited (Pieridae or the Corporation) (PEA.V) In light of the recent share price decline, Pieridae would like to confirm that there have been no material adverse changes in its business. As Pieridae’s management does not believe the current trading price of the Corporation’s shares properly reflects the inherent value of the Corporation’s investments, management reiterates that key project milestones achieved for its flagship Goldboro LNG Project are still firmly in place. Pieridae has signed a 20-year sales agreement with German utility Uniper worth approximately $35 billion.

  • GlobeNewswire

    Pieridae Energy Announces 2018 Year End Results, Progress Made on Goldboro LNG Project and Board Change

    Pieridae Energy Limited (“Pieridae” or the “Corporation”) (PEA - TSXV) released its 2018 financial and operating results today, highlighting the fact it took some key steps forward last year in advancing its Goldboro liquefied natural gas (“LNG”) Project. In 2018, the company was issued a permit to construct the facility, received US$1.5 billion in additional conditional loan support from the German Government, closed its purchase of Ikkuma Resources Corp. (“Ikkuma”) to obtain a portion of the supply of natural gas for Goldboro’s first LNG facility (Train 1), and signed a sale and purchase agreement to supply Europe with additional LNG from Goldboro’s second facility (Train 2). Pieridae has Eastern Canada’s only fully permitted LNG facility with gas supplies, a pipeline route and an anchor customer – it is truly shovel ready,” said Alfred Sorensen, Pieridae’s Chief Executive Officer.

  • GlobeNewswire

    Pieridae Achieves Major Step Forward - Engages EPC Contractor KBR

    Pieridae Energy Limited (Pieridae) (PEA.V) is pleased to announce that the respected global engineering firm of Kellogg Brown & Root Limited (KBR) has been engaged to perform a review of an amended version of the previously prepared front-end engineering and design (FEED) study for the proposed Goldboro LNG facility. Pieridae anticipates signing that contract in the coming months. The company expects to start construction activities in 2019 and ship first gas overseas to meet the expected global LNG shortfall in 2023/2024.

  • GlobeNewswire

    Pieridae Energy Limited Announces Partial Exercise of Over-Allotment Option in Respect of Brokered Private Placement and Closing of Second Tranche of Non-Brokered Private Placement

    Pieridae Energy Limited (“Pieridae”) (PEA.V) is pleased to announce that it has issued 320,000 common shares at a price of $2.00 per share (the “Over-Allotment Offering”), for incremental gross proceeds of $640,000, pursuant to the partial exercise of an over-allotment option (the “Over-Allotment Option”) granted by the Company to a syndicate of investment dealers co-led by KES 7 Capital Inc., National Bank Financial Inc. and Laurentian Bank Securities Inc. (collectively, the “Agents”) in connection with the Company’s previously announced brokered private placement of common shares of the Company (the “Brokered Offering”). The remainder of the Over-Allotment Option is exercisable until March 28, 2019.

  • GlobeNewswire

    Pieridae Energy Limited Announces Closing of Brokered and Non-Brokered Private Placements for a Total of $17.9 Million

    Pieridae Energy Limited (“Pieridae”) (PEA.V) is pleased to announce that it has closed its previously announced brokered private placement of common shares of the Company for gross proceeds of approximately $15.2 million (including the partial exercise of the over-allotment option) (the “Brokered Offering”) and partially closed its non-brokered private placement of common shares for additional gross proceeds of approximately $2.7 million (the “Non-Brokered Offering” and, together with the Brokered Offering, the “Offerings”) for aggregate gross proceeds of approximately $17.9 million. The over-allotment option is exercisable for a period of 30 days from closing.

  • GlobeNewswire

    Pieridae Energy Limited Announces Fully-Subscribed Brokered Private Placement

    Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.V) is pleased to announce that it has been advised by the syndicate of investment dealers co-led by KES 7 Capital Inc. and National Bank Financial Inc. and including Laurentian Bank Securities Inc. (collectively, the “Agents”) that the previously announced brokered private placement of up to 7,500,000 common shares at a price of $2.00 per share (the “Offering Price”) for gross proceeds of up to $15.0 million (the “Offering”) was met with strong investor interest and was fully subscribed. In addition, the Agents have informed the Company that they intend to exercise their over-allotment option at closing for additional common shares at the Offering Price.

  • GlobeNewswire

    Pieridae Energy Limited Announces Private Placement

    Pieridae Energy Limited (“Pieridae”) (PEA.V) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by KES 7 Capital Inc. (“KES 7”), National Bank Financial Inc. (“NBF”), and Laurentian Bank Securities Inc. with KES 7 and NBF acting as joint book runners, in connection with a commercially reasonable efforts agency private placement of up to 7,500,000 common shares at a price of $2.00 per share (the “Offering Price”) for gross proceeds of up to $15.0 million (the “Offering”). In addition, the Company has granted the agents an over-allotment option, exercisable for a period of 30 days from closing, to sell additional Common Shares representing 20% of the base Offering at the Offering Price.

  • GlobeNewswire

    Pieridae Negotiates a Benefits Agreement With the Mi’kmaq of Nova Scotia

    Pieridae Energy Limited (Pieridae) (PEA.V) is pleased to announce that the Nova Scotia Mi’kmaq Benefits Agreement which it negotiated with the Assembly of Nova Scotia Mi’kmaq Chiefs (the Assembly) has now been ratified. “We are looking forward to collaborating with the Mi’kmaq of Nova Scotia, and their leadership, in realizing for them the benefits of this important project,” said Alfred Sorensen, CEO of Pieridae.

  • CNW Group

    Pieridae and Ikkuma complete business combination

    CALGARY, Dec. 20, 2018 /CNW/ - Pieridae Energy Limited (PEA-TSXV) ("Pieridae") and Ikkuma Resources Corp. (IKM-TSXV) ("Ikkuma") announce that they have completed the previously announced arrangement pursuant to which Pieridae acquired all of the issued and outstanding shares of Ikkuma by way of a plan of arrangement (the "Arrangement") under section 193 of the Business Corporations Act (Alberta). The Arrangement was approved by shareholders of Ikkuma ("Ikkuma Shareholder") at a special meeting of Ikkuma Shareholders held on December 17, 2018 (the "Meeting") and by the Court of Queen's Bench of Alberta.