Raise Production Inc.

Recent News

  • Raise Production Inc. Announces First Quarter Results and Provides Operations Update

    Calgary, Alberta--(Newsfile Corp. - May 27, 2021) -  Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the quarter ended March 31, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Raise's financial statements and management's discussion and analysis for the quarter ended March 31, 2021, which are available on SEDAR at www.sedar.com.HIGHLIGHTS FOR THE QUARTER The Company negotiated an exclusive license agreement with Q2 Artificial Lift...

    2021-05-27 5:30 PM EDT
  • Raise Production Inc. Announces Annual Results and Provides Operations Update

    Calgary, Alberta--(Newsfile Corp. - April 28, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the year ended December 31, 2020. Selected financial and operational information is outlined below and should be read in conjunction with Raise's audited financial statements and management's discussion and analysis for the year ended December 31, 2020, which are available on SEDAR at www.sedar.com and the Company's website at www.raiseproduction.com. PRESIDENT'S UPDATEThe Company is providing an...

    2021-04-28 7:08 PM EDT
  • Raise Production Inc. Announces Closing of Shares for Debt Transactions

    Calgary, Alberta--(Newsfile Corp. - April 20, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces the completion of its previously announced shares for debt transactions pursuant to which an aggregate of $2,334,027 in indebtedness, representing all of the principal amount and interest payable in respect of the secured convertible debentures of the Company (the "Debentures"), was settled through the issuance of 58,350,688 common shares in the capital of the Company ("Shares") to the holders of the...

    2021-04-20 5:48 PM EDT
  • Raise Production Inc. Announces Shares for Debt Transactions

    Calgary, Alberta--(Newsfile Corp. - April 5, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces that it has entered into shares for debt agreements (the "Shares for Debt Agreements") with certain creditors of the Company (the "Creditors"), the holders of its secured convertible debentures (the "Debentures") in respect of certain amounts owing, including all of the principal amount and interest due on the Debentures (collectively, the "Debt Settlements"). The Debt Settlements will result in Raise issuing common...

    2021-04-05 9:00 AM EDT
  • Raise Production Inc. Provides Operations Update

    Calgary, Alberta--(Newsfile Corp. - March 22, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") provides an update on recent activities related to its operations. The Company's revenue for the year ended December 31, 2020 is down 45% from the prior year and full HARPTM pump sales are down 70% year over year. Over the past year, it was necessary for the Company to complete significant cost reductions, as stated in its previous press releases, and obtain government...

    2021-03-22 9:00 AM EDT
  • Raise Production Inc. Announces Postponement of Annual General Meeting

    Calgary, Alberta--(Newsfile Corp. - February 12, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company"), in consultation with its Board of Directors, has decided to postpone the Annual General Meeting of Shareholders ("AGM"), currently scheduled on February 18, 2021. The new meeting date will be announced at a later date. The Company will also file the updated AGM information on SEDAR (www.sedar.com) under its profile, including the Management Information Circular, at that time.About Raise Production Inc.The...

    2021-02-12 5:30 PM EST
  • Raise Production Inc. Announces Closing of Shares for Debt Transactions

    Calgary, Alberta--(Newsfile Corp. - January 15, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces that following its news release of December 31, 2020, it has received approval of the TSX Venture Exchange for shares for debt transactions to settle an aggregate of $62,108 in indebtedness to certain creditors of the Company, through the issuance of 1,774,502 common shares in the capital of the Company ("Shares") at a deemed price of $0.035 per Share (the "Debt Settlements")....

    2021-01-15 9:00 AM EST
  • Raise Production Inc. Announces New Director

    Calgary, Alberta--(Newsfile Corp. - January 13, 2021) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce the addition of Mr. Sarosh Nanavati to its Board of Directors, subject to regulatory approval. Mr. Nanavati is an experienced capital markets professional with over 30 years in the financial sector, at a variety of firms including UBS Global Asset Management, Sun Life of Canada, HSBC, Scheer Rowlett & Associates, Wellington West Capital Markets and UBS Securities. He has...

    2021-01-13 5:53 PM EST