Raise Production Inc.

Recent News

  • Raise Production Inc. Provides Corporate Update

    Calgary, Alberta--(Newsfile Corp. - April 6, 2020) - April 6, 2020 - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is providing the following corporate update to its shareholders in regards to the Covid-19 pandemic and decline in oil prices. As the Company's customer base has begun reducing capital and operating expenditures and to keep its employees as safe as possible during the global Covid-19 pandemic, the Company has taken decisive action over the last two weeks to...

    2020-04-06 4:54 PM ET
  • Raise Production Inc. Announces Initiation of Strategic Process

    Calgary, Alberta--(Newsfile Corp. - January 23, 2020) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") announces that it has initiated a formal strategic process to identify, review and evaluate a broad range of potential strategic alternatives available to it with a view to enhancing shareholder value.Raise's board of directors has determined it is timely, prudent and in the best interests of the Company and its stakeholders to commence a formal process to explore strategic alternatives. The Company...

    2020-01-23 5:45 PM ET
  • Raise Production Inc. Announces Election of Directors

    Calgary, Alberta--(Newsfile Corp. - November 22, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce the results from its 2019 Annual General Meeting ("AGM"). At the meeting, the following resolutions were approved by the shareholders:the number of directors was fixed at seven; the following individuals were elected to serve as board members until the next annual election of directors: Messrs. Dell Chapman, Thomas Kehoe, Eric Laing (President & CEO), Rick McHardy (Chairman), Dan...

    2019-11-22 6:27 PM ET
  • Raise Production Inc. Announces Third Quarter Results and Provides Operations Update

    Calgary, Alberta--(Newsfile Corp. - November 21, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three and nine months ended September 30, 2019.HIGHLIGHTS FOR THE QUARTER The Company closed a $900,000 private placement of secured convertible debentures and acquired the shares of a private consulting company which held $300,000 in cash, for $1,400,000 in secured convertible debentures, resulting in a total of $1,200,000 in cash being injected into the Company on...

    2019-11-21 9:52 PM ET
  • Raise Production Inc. Announces Closing of Private Placement and Acquisition of Consulting Business

    Calgary, Alberta--(Newsfile Corp. - September 30, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce that it has closed its previously announced private placement (the "Private Placement") of secured convertible debentures of the Company (the "Debentures"). The Private Placement consisted of approximately $900,000 principal amount of Debentures. The Debentures have a coupon of 6.00% per annum, and are convertible into units of the Company (each, a "Unit") at a conversion price of $0.11...

    2019-09-30 6:39 PM ET
  • Raise Production Inc. Announces Upsize of Private Placement

    Calgary, Alberta--(Newsfile Corp. - September 17, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") is pleased to announce that it is increasing the size of the private placement (the "Private Placement") of debentures of the Company ("Debentures") announced on September 4, 2019 from $700,000 to $900,000. The increase in the Private Placement is to accommodate participation by existing shareholders and non-insiders of the Company in the offering. The Debentures will have a coupon of 6.00% per annum,...

    2019-09-17 5:20 PM ET
  • Raise Production Inc. Announces Acquisition of Consulting Business

    Calgary, Alberta--(Newsfile Corp. - September 4, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company"), is pleased to announce that it has agreed to acquire 1955554 Alberta Ltd. (the "Business"), an arm's length private consulting company (the "Acquisition") on the terms and conditions set forth in the agreement between the Company and the Business dated September 4, 2019. The Business provides strategic advisory services to the energy industry. The total consideration for the shares of the Business...

    2019-09-04 7:00 AM ET
  • Raise Production Inc. Announces Second Quarter Results and Provides Operations Update

    Calgary, Alberta--(Newsfile Corp. - August 21, 2019) - Raise Production Inc. (TSXV: RPC) ("Raise" or the "Company") has released its financial results for the three and six months ended June 30, 2019.HIGHLIGHTS FOR THE QUARTER The Company continues to steadily grow its foot print with the HARPTM technology in Canada and has seen an increase to its customer base.The Generation 2 HARPTM installs in the USA continue to perform well and have driven incremental sales with new customers.The REALTM system...

    2019-08-21 5:11 PM ET