Silk Energy Limited

Recent News

  • Silk Energy Limited Announces Cease Trade Order Issued by the Ontario Securities Commission

    Toronto, Ontario--(Newsfile Corp. - May 10, 2022) - Silk Energy Limited ("Silk" or the "Company") announces today that the Company has been issued a cease trade order ("CTO") by the Ontario Securities Commission ("OSC") for not filing the following periodic disclosure documents (collectively "Annual Filings") by the filing deadline of April 30, 2022: audited annual financial statements for the year ended December 31, 2021;management's discussion and analysis relating to the audited annual financial statements for the year ended December 31,...

    2022-05-10 9:38 PM EDT
  • Silk Energy Limited Announces Closing of $18.725 Million Financing, Completion of Audit to Be Delayed

    Toronto, Ontario--(Newsfile Corp. - May 3, 2022) - Silk Energy Limited ("Silk" or the "Company") is pleased to announce that it has closed a private placement offering (the "Offering") raising $18,725,000 by issuing 53,500,000 common shares at a price of $0.35 per common share. The Offering was a component of the financing arrangements with Bowview B Pte Ltd. ("Bowview") referred to in Silk's news release of April 6, 2022. This Offering was originally proposed to be completed in three...

    2022-05-03 9:55 PM EDT
  • Silk Energy Limited Receives CSE Conditional Listing Approval

    Toronto, Ontario--(Newsfile Corp. - April 6, 2022) - Silk Energy Limited (the "Company") is pleased to announce that it has received conditional approval from the Canadian Securities Exchange (the "CSE") for listing of the common shares of the Company (the "Common Shares"). The listing is subject to satisfaction of the following conditions: Delivery to the CSE of an updated legal opinion from the Company's legal counsel in Kazakhstan confirming that the LLP, in which the Company has an indirect 50%...

    2022-04-06 2:40 PM EDT
  • Silk Energy Announces Filing Annual Financial Statements and Changes to the Board of Directors

    Toronto, Ontario--(Newsfile Corp. - April 30, 2021) - Silk Energy Limited (the "Company") announces the filing of its audited annual financial statements, MD&A and related CEO and CFO certificates for its financial year-ended December 31, 2020. These documents can be found under the Company's SEDAR profile at www.sedar.com. The Company is also pleased to announce that Rashit Makhat has been appointed as a director of the Company effective as of January 21, 2021. Mr. Makhat brings a wealth of experience...

    2021-04-30 8:23 PM EDT
  • Silk Energy Finalizes Acquisition and Restructures Debt

    Toronto, Ontario--(Newsfile Corp. - March 17, 2021) - Silk Energy Limited (the "Company") is pleased to announce it has completed its acquisition of the ownership of UnionField Group ("UnionField") by the Company's wholly-owned Norwegian subsidiary, Silk Energy AS ("Silk AS") and substantially restructured the US $21 million convertible debenture that was issued to Right Way Ltd (the "Vendor") of UnionField.BackgroundSilk Energy Limited is a Canadian resource company focused on the identification and exploration of oil and gas assets in Kazakhstan...

    2021-03-17 9:16 PM EDT
  • Silk Energy Announces Updates on Private Placement and Annual and Special Meeting

    Toronto, Ontario--(Newsfile Corp. - January 22, 2021) - Silk Energy Limited (the "Company") is pleased to announce that it has closed a $264,000 private placement as well as a $390,000 private placement (the "Offerings"). The Offerings closed from the issuance of 1,760,000 units and 2,600,000 units (the "Units") respectively, at the price of $0.15 per Unit. Each Unit consists of one common share and one-half (1/2) of a common share purchase warrant (a "Warrant"). Each whole Warrant is exercisable to...

    2021-01-22 9:52 PM EST
  • Silk Energy Update on Interim Financial Statements for the Period Ended June 30, 2020 And MD&A Filing

    Toronto, Ontario--(Newsfile Corp. - August 31, 2020) - Silk Energy Limited (the "Company") announces that due to delays caused by the COVID-19 crisis, it continues to rely on the exemption provided in Ontario Instrument 51-502 - Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission to postpone the filing of its interim financial statements for the quarter ended March 31, 2020, as required by section 4.4 of National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") and...

    2020-08-31 4:10 PM EDT
  • Silk Energy Obtains Approval from the Ministry of Energy of the Republic of Kazakhstan

    Toronto, Ontario--(Newsfile Corp. - August 31, 2020) - Silk Energy Limited (CSE: SILK) (the "Company") is pleased to announce it has received approval from the Ministry of Energy of the Republic of Kazakhstan (the "Government Approval") for the transfer of ownership of UnionField Group ("UnionField") to the Company's wholly-owned Norwegian subsidiary, Silk Energy AS ("Silk AS").The Government Approval was received following delays caused by the global pandemic related to COVID-19 that resulted also in a State of Emergency being declared...

    2020-08-31 11:10 AM EDT