Pieridae Energy is a publicly traded Canadian corporation with a fully integrated Liquefied Natural Gas (LNG) infrastructure based in Calgary, Alberta with offices in Quebec City and Halifax.
31/10/2018 - PIERIDAE RECEIVES PERMIT TO CONSTRUCT THE GOLDBORO LNG FACILITY
CALGARY, ALBERTA — October 31, 2018 — Pieridae Energy Limited (PEA-TSXV) welcomes the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility.
29/10/2018 - PIERIDAE ELIGIBLE TO BENEFIT FROM ADDITIONAL CONDITIONAL LOAN SUPPORT FROM THE GERMAN GOVERNMENT
CALGARY, ALBERTA — October 29, 2018 — Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to US $1.5 billion of untied loan guarantee by the German federal government under its UFK program (Bundesgarantien für ungebundene Finanzkredite). This confirmation not only satisfies a critical condition leading to the completion of Pieridae’s acquisition of Ikkuma as contemplated by the arrangement agreement entered into between the Company and Ikkuma on August 23, 2018, but also marks an important milestone in advancing the integrated Goldboro LNG project towards a final investment decision.
Founded in 2011, Pieridae Energy is developing a fully integrated LNG infrastructure business covering the entire LNG value chain, from exploration and production of crude oil and natural gas to the development and operation of a complete LNG terminal.
The Goldboro LNG terminal project consists of an LNG processing facility, storage tanks and marine works located in Nova Scotia (Canada).
With its acquisition of resources in New Brunswick to its merger with Pétrolia, Pieridae is building a long-term portfolio of natural gas to supply the Goldboro LNG Project.
The target markets for the LNG produced at the Goldboro LNG project are Europe, South America and Asia.
Pieridae conducts its every operation in a socially, environmentally and fiscally responsible manner.
The company and its employees are committed to giving back to the communities in which it lives and work.
It also committed to adopting and implementing environmental stewardship strategies that minimize its ecological footprint, thus ensuring the best possible future for all Canadians.
Pieridae’s every action are guided by a fair and strict code of business ethics focusing on honesty, ethics and accountability in all our dealing with our business partners, investors, government entities and the general public.
CALGARY, ALBERTA — October 31, 2018 — Pieridae Energy Limited (PEA-TSXV) welcomes the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility.
CALGARY, ALBERTA — October 29, 2018 — Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to US $1.5 billion of untied loan guarantee by the German federal government under its UFK program (Bundesgarantien für ungebundene Finanzkredite). This confirmation not only satisfies a critical condition leading to the completion of Pieridae’s acquisition of Ikkuma as contemplated by the arrangement agreement entered into between the Company and Ikkuma on August 23, 2018, but also marks an important milestone in advancing the integrated Goldboro LNG project towards a final investment decision.
CALGARY, ALBERTA — October 22, 2018—Pieridae Energy Limited (PEA-TSXV) announces that in accordance with its Directors’ Compensation Policy, 21,960 common shares of Pieridae Energy Limited were granted to its Directors on October 19, 2018, at the price value of $4.18 per share.
