Reef Resources Ltd.

Recent News

  • Reef Announces Execution of New Asset Purchase Agreement with Levant Exploration and Production Corp.

    Calgary, Alberta--(Newsfile Corp. - November 22, 2021) - Reef Resources Ltd. ("Reef") is pleased to announce that it has entered into a new Asset Purchase Agreement (the "Agreement") with Levant Exploration and Production Corp. acting in trust for a corporation to be incorporated ("Levant") pursuant to which Levant would purchase all of Reef's non-producing oil and gas assets located in Huron County, Ontario (the "Assets"). Levant and Reef had previously entered into an agreement for the sale of...

    2021-11-22 8:30 AM EST
  • Reef Announces Acquisition of Entire Interest in Huron County Assets

    Calgary, Alberta--(Newsfile Corp. - March 16, 2021) - Reef Resources Ltd. ("Reef") announces that Scirocco Energy PLC (formerly Solo Oil PLC) has quitclaimed its interest in and to Reef's non-producing oil and gas assets located in Huron County, Ontario effective February 6, 2021. As a result of the quitclaim, Reef now holds a 100% working interest in and to the property. Pursuant to the quitclaim, Reef has agreed to indemnify Scirocco for liabilities that may arise from the...

    2021-03-16 12:27 PM EDT
  • Reef Announces Termination of Asset Purchase Agreement with Levant Exploration and Production Corp.

    Calgary, Alberta--(Newsfile Corp. - March 1, 2021) - Reef Resources Ltd. ("Reef") announces that the Asset Purchase Agreement effective July 8, 2020 (the "Agreement") with Levant Exploration and Production Corp. ("Levant") and Scirocco Energy PLC (formerly Solo Oil PLC) ("Sirocco") for the sale by Reef and Sirocco of their respective interests in non-producing oil and gas assets located in Huron County, Ontario (the "Proposed Transaction") has been terminated.The Agreement provided that it could be terminated in the event that...

    2021-03-01 7:09 PM EST
  • Reef Announces Execution of Asset Purchase Agreement with Levant Exploration and Production Corp.

    Calgary, Alberta--(Newsfile Corp. - July 21, 2020) -  Reef Resources Ltd. ("Reef") is pleased to announce that it has entered into an Asset Purchase Agreement effective July 8, 2020 (the "Agreement") with Levant Exploration and Production Corp. ("Levant"), acting in trust for an Ontario corporation to be incorporated (the "Purchaser") and Solo Oil PLC ("Solo") for the sale by Reef and Solo (the "Proposed Transaction") of their respective interests in non-producing oil and gas assets located in Huron County,...

    2020-07-21 1:53 PM EDT
  • Reef Announces Proposed Transaction with Levant Exploration and Production Corp.

    Calgary, Alberta--(Newsfile Corp. - April 26, 2019) - Reef Resources Ltd. ("Reef") is pleased to announce that it has signed a letter agreement (the "Letter Agreement") with Levant Exploration and Production Corp. ("Levant") and Solo Oil PLC ("Solo"). The Letter Agreement is non-binding and outlines the general terms and conditions pursuant to which Reef and Solo would sell and Levant would acquire (the "Proposed Transaction") Reef's and Solo's respective interests in non-producing oil and gas assets located in...

    2019-04-26 7:12 PM EDT
  • Reef Announces Proposed Transaction with CBD Acres Manufacturer Inc.

    Calgary, Alberta--(Newsfile Corp. - February 6, 2019) - Reef Resources Ltd. ("Reef") is pleased to announce that it has signed a binding letter of intent (the "LOI") with CBD Acres Manufacturer Inc., a corporation incorporated under the laws of the Canada Business Corporations Act ("CBD"). The LOI outlines the general terms and conditions pursuant to which Reef and CBD would be willing to complete a transaction that will result in a reverse take-over of Reef by the securityholders...

    2019-02-06 7:51 PM EST
  • IIROC Trade Halt - Reef Resources Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - December 5, 2013) - The following issues have been halted by IIROC:Company:  Reef Resources Ltd.

    2013-12-05 7:56 AM EST