Loon Energy Corporation

Recent News

  • Loon Energy Announces Debt Settlements to Strengthen Balance Sheet

    Calgary, Alberta--(Newsfile Corp. - October 13, 2020) -  Loon Energy Corporation (TSXV: LNE.H) ("Loon" or the "Company") is pleased to announce that it is has entered into debt settlement agreements with its directors and officers (the "Related Parties") in respect of an aggregate of US$202,216 owing as bonuses awarded and payable since February 21, 2017 (the "Bonuses Payable") and certain notes payable issued in exchange for funds loaned to the Company in the aggregate amount of US$587,941 (the "Notes Payable").The...

    2020-10-13 5:37 PM ET
  • Loon Energy Corporation Announces Termination of Amalgamation Agreement and Timing for Resumption of Trading

    Calgary, Alberta--(Newsfile Corp. - October 6, 2020) - Loon Energy Corporation (TSXV: LNE.H) ("Loon") announces that the business combination contemplated in the Amalgamation Agreement (the "Amalgamation Agreement") with Pacific West Canopy Holdings Ltd. ("PacWest"), announced on September 17, 2018, will not occur. Loon and PacWest agreed that the proposed arrangement and all financial obligations to each other arising from the Amalgamation Agreement have been cancelled effective December 31, 2019. This information was originally filed on www.sedar.com on April...

    2020-10-06 11:33 AM ET
  • Loon Energy Corporation Update on Timing of Shareholders Meeting to Approve Amalgamation with Pacific West Canopy Holdings Ltd.

    Calgary, Alberta--(Newsfile Corp. - November 1, 2018) - On September 17, 2018, Loon Energy Corporation (TSXV: LNE.H) ("Loon") announced that it had entered into an Amalgamation Agreement (the "Amalgamation Agreement") with Pacific West Canopy Holdings Ltd. ("PacWest"), a privately held corporation existing under the Business Corporations Act (British Columbia), pursuant to which Loon and PacWest agreed to amalgamate (the "Amalgamation") and continue as "Pacific West Canopy Ltd." (the "Resulting Issuer"). PacWest is an emerging cannabis producer as described...

    2018-11-01 7:00 AM ET
  • Loon Energy Corporation Agrees to Amalgamation with Emerging Cannabis Company

    Calgary, Alberta--(Newsfile Corp. - September 17, 2018) - Loon Energy Corporation (TSXV: LNE.H) ("Loon") announces that it has entered into an Amalgamation Agreement (the "Amalgamation Agreement") with Pacific West Canopy Holdings Ltd. ("PacWest"), a privately held corporation existing under the Business Corporations Act (British Columbia), pursuant to which Loon and PacWest have agreed to amalgamate (the "Amalgamation") and continue as "Pacific West Canopy Ltd." (the "Resulting Issuer"). The Resulting Issuer will carry on the current business of PacWest. The Amalgamation...

    2018-09-17 5:38 PM ET