DXI Capital Corp.

Recent News

  • DXI Reports Q4 and Fiscal 2019 Results

    Vancouver, British Columbia--(Newsfile Corp. - April 29, 2020) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced its financial results for the three and twelve months ended December 31, 2019. 2019 Key Financial and Operating Highlights are: Raised...

    2020-04-29 5:30 PM ET
  • DXI Energy to Exit the Hydrocarbon Energy Business

    Vancouver, British Columbia--(Newsfile Corp. - April 7, 2020) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announced that its Board of Directors has decided the Company needs to exit the energy space immediately, given current affairs beyond the Company's control. The 99% owned Woodrush multi well production facility, owned...

    2020-04-07 3:32 PM ET
  • DXI Energy Completes Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - January 23, 2020) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announced that it has issued 2,215,068 shares to each of Hodgkinson Equities Corporation ("HEC") and Hodgkinson Ventures Inc. ("HVI"), for a total of 4,430,136 shares following receipt of all final private placement approvals from the...

    2020-01-23 6:15 PM ET
  • DXI Closes Gross Proceeds of C$959,832 in Brokered Equity Financing at C$0.03 per Unit

    Vancouver, British Columbia--(Newsfile Corp. - December 3, 2019) - DXI Energy Inc. (TSX: DXI.TO) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and natural gas exploration and production company operating projects in Colorado's Piceance Basin and the Peace River Arch region in British Columbia today announced that it closed a brokered private placement with gross proceeds of C$959,832 (net proceeds of C$944,184) by way of the issuance of 31,994,400 Units at C$0.03 per Unit. Each Unit consists of...

    2019-12-03 6:15 PM ET
  • DXI Energy Inc. Receives Consent of Shareholders to Complete Unit Offering

    Vancouver, British Columbia--(Newsfile Corp. - November 6, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), is pleased to announce that in connection with a Unit Offering (the "Offering") in progress and in accordance with the Toronto Stock Exchange ("TSX") rules, the Company obtained the approval, by way of written consent, from its shareholders, which currently holds 114,765,669 shares representing 53% of the issued and outstanding shares of the Company, on a non-diluted basis, to issue...

    2019-11-06 6:15 PM ET
  • DXI Reports Q3 2019 Results

    Vancouver, British Columbia--(Newsfile Corp. - October 31, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced its financial results for the three and nine month periods ended September 30, 2019.Q3 2019 Key Financial and Operating Highlights are:Reduced G&A expenses by 27% to $211,000 from $290,000 for the comparative period ended...

    2019-10-31 5:15 PM ET
  • DXI Energy Provides Strategic Update - Plans Transition to Midstream Market with Natural Gas-to-Methanol Conversion Plant at Woodrush in NE B.C.

    Vancouver, British Columbia--(Newsfile Corp. - September 5, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration company operating in the Peace River Arch region in British Columbia, today announced plans to convert its oil and natural gas processing facility at Woodrush, approximately 120 kilometres north of Ft. St. John, to facilitate scalable production of methanol, initially targeting a potential of 16,000 gallons of methanol per day commencing in August...

    2019-09-05 5:30 PM ET
  • DXI Reports Q2 2019 Results

    Vancouver, British Columbia--(Newsfile Corp. - August 8, 2019) - DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced its financial results for the three and six month periods ended June 30, 2019.Q2 2019 Key Financial and Operating Highlights are: Raised gross proceeds of $350,000 in equity under challenging market conditions, allowing the...

    2019-08-08 5:30 PM ET