New Zealand Energy Corp Announces 2024 Quarter 1 Results
Wellington, New Zealand--(Newsfile Corp. - May 29, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today it has filed with Canadian regulatory authorities its Q1 2024 consolidated financial results and an accompanying management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's first quarter 2024 results, Chairman James Willis said: "The...
2024-05-29 6:22 PM EDT
New Zealand Energy Corp. Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that, subject to regulatory approval, it has granted a total of 1,400,000 options to purchase common shares of NZEC to directors, officers and consultants of NZEC, with an exercise price of C$0.84 and an expiry date of May 13, 2027. The Company relied on section 5.5(b) of Multilateral Instrument 61-101 as the exemption from the formal valuation...
2024-05-13 6:03 PM EDT
New Zealand Energy Corp. Closes $5 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 9, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced that, further to its 21 March 2024, 8 April 2024 and 11 April 2024 news releases, it has completed the closing of the previously announced non-brokered private placement offering (the "Private Placement") of common shares of the Company ("Common Shares"). NZEC issued 6,666,667 Common Shares at a price of C$0.75 per Common Share for gross proceeds of...
2024-05-09 4:20 PM EDT
New Zealand Energy Corp. Clarifies Dividend Strategy
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") wishes to clarify its dividend strategy as announced in its 8 April 2024 news release. The Company has not yet adopted a formal written dividend policy. The dividend strategy of the Company, as noted in the 8 April 2024 news release, is to be "dividend oriented", with the aim being to return at least 50% of free cashflow to shareholders. Should the board of directors of...
2024-05-06 4:05 PM EDT
New Zealand Energy Corp Announces 2023 Quarter 4 Results
Wellington, New Zealand--(Newsfile Corp. - April 28, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today it has filed with Canadian regulatory authorities its Q4 2023 consolidated financial results and an accompanying management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's 2023 end of year results, Chairman James Willis said "The...
2024-04-28 10:33 PM EDT
New Zealand Energy Corp. Provides Private Placement Update
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") is pleased to announce that, further to its 22 March 2024 and 8 April 2024 news releases, it has increased the size of its non-brokered private placement offering (the "Private Placement") of common shares of the Company ("Common Shares") from $4,500,000 to $5,000,000, subject to approval of the TSX Venture Exchange (the "TSXV"). Charlestown Energy Partners, LLC...
2024-04-11 9:41 PM EDT
New Zealand Energy Corp. Dividend Policy
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") is pleased to outline its Dividend Policy. NZEC is in the process of completing its Private Placement. During discussions with investors the Company has emphasized that it aims to be "Dividend oriented". Funds for dividend(s), and also for growth, is expected to come from gas production from the Tariki-5 development well which will be drilled in August/September 2024....
2024-04-08 2:33 AM EDT
New Zealand Energy Corp. Announces Proposed Private Placement and Engagement of Auctus Advisors
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that it intends to complete a non-brokered private placement offering (the "Private Placement") of up to 6,000,000 common shares of the Company ("Common Shares") at a price of $0.75 per share for gross proceeds of up to $4.5 million. Since new management and directors were appointed in late November 2023, the Company has identified attractive...
2024-03-21 8:14 PM EDT
New Zealand Energy Corp. Provides Operational Update
Wellington, New Zealand--(Newsfile Corp. - February 15, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") is pleased to provide an operational update. The Company is continuing to prioritize drilling the Tariki-5 Development well in mid-2024. In addition, the Company is focused on restoring production in the existing Copper Moki and Waihapa oil fields, also in the first half of 2024. Details of the planned operations are; Tariki-5 New Development Well Targets development...
2024-02-15 5:48 PM EST
New Zealand Energy Corp. Closes Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced that, further to its 24 October 2023, 23 November 2023 and 12 December 2023 news releases, it has completed the closing of the final tranche of the previously announced non-brokered private placement offering (the "Private Placement") of common shares of the Company ("Common Shares"). Pursuant to the final tranche, NZEC issued 582,163 Common Shares at a...
2023-12-29 4:25 PM EST
New Zealand Energy Corp announces Results of 2023 Annual General Meeting of Shareholders
Wellington, New Zealand--(Newsfile Corp. - December 28, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today the results of its Annual General Meeting of shareholders held in Wellington, New Zealand on Friday 29 December 2023 (NZT). A total of 685,479 common shares representing just over 29.53% of the total issued and outstanding common shares were voted at the meeting. Each of the current directors, James Willis, Franciscus Jacobs and Michael Adams were...
2023-12-28 4:12 PM EST
New Zealand Energy Corp. Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced that, further to its 24 October 2023 and 23 November 2023 news releases, it has completed the closing of the first tranche of the previously announced non-brokered private placement offering (the "Private Placement") of common shares of the Company ("Common Shares"). NZEC issued 5,417,837 Common Shares at a price of C$0.38 per Common Share for gross...
2023-12-12 4:50 PM EST
New Zealand Energy Corp Announces 2023 Third Quarter Results
Wellington, New Zealand--(Newsfile Corp. - November 28, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that it has filed with Canadian regulatory authorities its 2023 third quarter consolidated interim financial statements and corresponding management's discussion and analysis, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR+ at www.sedarplus.ca. Commenting on the Company's 2023 third quarter results,...
2023-11-28 10:00 PM EST
New Zealand Energy Announces Changes to the Board of Directors and Provides Corporate Update
Wellington, New Zealand--(Newsfile Corp. - November 23, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that Mr. Frank Jacobs and Mr. Michael Adams (who served as the CEO of NZEC from 2015 to 2021) have been appointed as directors of the Company. NZEC also announced that Mr. Mark Dunphy and Dr. David Llewellyn have resigned as directors. The Company expresses its thanks for the efforts of Messrs. Dunphy and Llewellyn who have helped guide the Company to...
2023-11-23 7:52 PM EST
New Zealand Energy Announces Share Consolidation Private Placement and Tariki-5 Development
Wellington, New Zealand--(Newsfile Corp. - November 6, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today a management discussion regarding the recent Share Consolidation, the announced Private Placement and to provide information and an update concerning the status of the proposed Tariki-5 drilling. This management discussion includes certain statements which may be deemed "forward-looking statements" (see Forward-looking Information). All amounts are in...
2023-11-06 8:53 PM EST
New Zealand Energy Corp. Announces Proposed Private Placement
Wellington, New Zealand--(Newsfile Corp. - October 24, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today its intention to complete a non-brokered private placement offering up to 6,000,000 common shares of the Company at a price of C$0.38 per share, for gross proceeds of up to C$2,280,000 (the "Private Placement"). A finder's fee of up to 5% of the gross proceeds of the Private Placement may be paid on all or any portion of the Private Placement. The net...
2023-10-24 12:01 AM EDT
New Zealand Energy Announces Extension of Outstanding Convertible Loan
Wellington, New Zealand--(Newsfile Corp. - October 20, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that, further to its July 20, 2021, August 16, 2021, July 18, 2022, October 31, 2022 and April 6, 2023 releases, in connection with the existing CAD$2,000,000 Convertible Loan Agreement with Arizona Finance Limited, the term of such Convertible Loan Agreement has been extended with the agreement of both the Company and Arizona Finance Limited to July 20,...
2023-10-20 12:01 AM EDT
New Zealand Energy Announces Proposed Share Consolidation
Wellington, New Zealand--(Newsfile Corp. - October 17, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that the Directors have approved a consolidation of its share capital on the basis of one (1) new common share for every existing ten (10) common shares (the "Consolidation"), subject to regulatory approval, including approval of the TSX Venture Exchange. Effective on or about 20 October 2023, NZEC will complete the Consolidation. Where the exchange...
2023-10-17 3:01 AM EDT
New Zealand Energy Corp Announces 2023 Quarter 2 Results
Wellington, New Zealand--(Newsfile Corp. - August 29, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today it has filed with Canadian regulatory authorities its Q2 2023 consolidated financial results and management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's second quarter 2023 results, Chairman James Willis said, "The results saw a...
2023-08-29 12:05 AM EDT
New Zealand Energy Corp Announces 2023 Quarter 1 Results
Wellington, New Zealand--(Newsfile Corp. - May 30, 2023) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today it has filed with Canadian regulatory authorities its Q1 2023 consolidated financial results and management discussion and analysis report, which documents are available on the Company's website at www.newzealandenergy.com and on SEDAR at www.sedar.com. Commenting on the Company's first quarter 2023 results, Chairman James Willis said, "The results saw a...
2023-05-30 12:30 AM EDT