MediaPress Releases

  • 2018/10/22 – PIERIDAE GRANTS COMMON SHARES

    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.  

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  • 2018/09/14 – PIERIDAE APPOINTS CHIEF FINANCIAL OFFICER AND GRANTS OPTIONS

    CALGARY, ALBERTASeptember 14, 2018Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce the appointment of Ms. Melanie Litoski as Chief Financial Officer (“CFO”) of the Company. Ms. Litoski is expected to begin her role as CFO on October 1, 2018. 

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  • 2018/08/28 – Pieridae Energy second quarter reports

    CALGARY, ALBERTA — August 28, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its second quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six months periods ended June 30, 2018. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com, and are filed on SEDAR at www.sedar.com.

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  • 2018/08/24 – Pieridae and Ikkuma to Complete a Business Combination

    CALGARY, ALBERTA — August 24, 2018 — Pieridae Energy Limited (PEA-TSXV) (“Pieridae”) and Ikkuma Resources Corp. (IKM-TSXV) (“Ikkuma”) announce they have entered into a definitive agreement dated August 23, 2018 (the “Arrangement Agreement”) providing for the acquisition by Pieridae of all of the issued and outstanding shares of Ikkuma to be effected by way of a plan of arrangement (the “Arrangement”) under section 193 of the Business Corporations Act (Alberta). 

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  • 2018/08/15 – Pieridae Engages KfW IPEX-Bank as Adviser in Germany

    CALGARY, ALBERTA — August 15, 2018—Pieridae Energy Limited (PEA-TSXV) announced the appointment of KfW IPEX-Bank as an adviser in assisting it to finalize a multibillion USD untied loan guarantee from the German federal government under its UFK program (Garantien für ungebundene Finanzkredite). 

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  • 2018/06/28 – PIERIDAE ANNOUNCES THE RESULTS OF ITS ANNUAL AND SPECIAL SHAREHOLDER MEETING

    CALGARY, ALBERTA — June 28, 2018—Pieridae Energy Limited (PEA-TSXV) announces the reelection of Mr. Myron A. Tetreault, Mr. Alfred Sorensen, Mr. Charles Boulanger, Mr. Andrew Judson, Mr. Matthew Rees as its directors for the forthcoming year and the election of Mr. Kjell Pedersen as a new independent director. 

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  • 2018/06/07 – PIERIDAE WELCOME QUEBEC’S PROPOSED REGULATIONS

    CALGARY, ALBERTA — June 7th, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased that the proposed regulations, announced by Minister of Natural Resources, Pierre Moreau, will allow for the exploration and exploitation of hydrocarbons in a large portion of the province of Quebec, particularly in the Gaspésie region. 

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  • 2018/05/23 – Pieridae Energy first quarter reports

    CALGARY, ALBERTA — May 23, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its first quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2018. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. Pieridae's unaudited condensed interim financial statements and MD&A are available on our website at www.pieridaeenergy.com, and are filed on SEDAR at www.sedar.com.

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  • 2018/05/08 – Pieridae grants common shares (05-2018)

    CALGARY, ALBERTA — May 8, 2018—Pieridae Energy Limited (PEA-TSXV) announces that in accordance with its Registered Retirement Savings Plan (RRSP) matching policy, Pieridae’s Board of Directors granted, on May 8, 2018, 19,766 common shares of Pieridae Energy Limited to 14 of its employees and directors at the price value of $4.90 per share. 

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  • 2018/05/07 – Pieridae Energy announces term sheet for LNG Sale and Purchase Agreement with European Utility

    CALGARY, ALBERTA — May 7th, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce it has entered into a term sheet to negotiate a binding liquefied natural gas (LNG) sale and purchase agreement (“SPA”) to supply Canadian-sourced liquefied natural gas to Europe from the Second Train of the Goldboro liquefaction facility in Nova Scotia.

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  • 2018/03/15 – Pieridae Energy year end reports

    CALGARY, ALBERTAMarch 15, 2018 Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its audited annual financial statements and related management’s discussion and analysis for the fiscal year ended December 31, 2017 on the System for Electronic Document Analysis and Retrieval (“SEDAR”). On October 24, 2017, Pieridae Energy Limited and Pétrolia Inc. were amalgamated pursuant to a plan of arrangement effected pursuant to section 192 of the Canada Business Corporations Act. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA.

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  • 2018/02/27 – Pieridae Engages Morgan Stanley and Société Générale as Financial Advisors to Goldboro LNG

    CALGARY, ALBERTA — February 27, 2018—Pieridae Energy Limited (PEA-TSXV) announced today that it has engaged Morgan Stanley & Co, LLC (Morgan Stanley) and SG Americas Securities, LLC (Société Générale) to serve as financial advisors for Pieridae Energy’s Goldboro LNG project. Pieridae intends to raise up to US $10 billion in equity and project financing to fulfill its mandate to become the first independently operated integrated LNG project in North America.

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  • 2018/02/01 – PIERIDAE GRANTS OPTIONS

    CALGARY, ALBERTA – February 01, 2018 – Pieridae Energy Limited (PEA-TSXV) announces that in accordance with its stock option plan, Pieridae's Board of Directors granted on January 29, 2018, 1,007,400 stock options to 23 of its employees and directors. The price has been set at $ 5.67 per share, and the expiry date for these options is January 28, 2023.

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  • 2017/11/23 – SPROULE UPDATE ON BOURQUE - A BEST ESTIMATE OF 827 MILLION BARRELS OF TOTAL PETROLEUM INITIALLY-IN-PLACE

    CALGARY, ALBERTA — November 23, 2017 — Pieridae Energy Limited (PEA-TSXV) (“Pieridae” or the “Company”) is pleased to announce the update of a report prepared by Sproule Associates Limited for its Bourque property. The partners on the Bourque project are Pieridae (previously Pétrolia Inc.), Ressources Québec and Tugliq. Pieridae is the operator of Bourque and majority owner. 

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  • 2017/11/01 – PIERIDAE ENERGY LIMITED ANNOUNCES TSX VENTURE EXCHANGE FINAL APPROVAL AND TRADING OF ITS COMMON SHARES ON NOVEMBER 2, 2017

    CALGARY, ALBERTA – November 1, 2017 – Pieridae Energy Limited ("Pieridae") is pleased to announce that further to the completion of the business combination of Pieridae Energy Limited and Pétrolia Inc. ("Pétrolia") by way of plan of arrangement (the "Arrangement") on October 24, 2017 and the satisfaction of the TSX Venture Exchange Inc. (the “TSX Venture”) listing conditions, it has received confirmation from the TSX Venture that the Final Exchange Bulletin pertaining to this Reverse Take-Over has been issued on November 1, 2017.

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  • 2017/10/25 – PÉTROLIA INC. AND PIERIDAE ENERGY LIMITED COMPLETE PLAN OF ARRANGEMENT

    CALGARY, ALBERTA – October 25, 2017 – Pieridae Energy Limited ("Pieridae") is pleased to announce the completion of the business combination of Pieridae Energy Limited ("Former Pieridae") and Pétrolia Inc. ("Pétrolia") by way of plan of arrangement (the "Arrangement") to form the amalgamated company called "Pieridae Energy Limited". The Arrangement constitutes a Reverse Take-Over under the policies of the TSX Venture Exchange Inc. ("TSX Venture").

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  • 2017/10/04 – DATES CERTIFICATE

    PIERIDAE DATES CERTIFICATE IN SUPPORT OF THE MOTION FOR INTERIM AND FINAL ORDERS REGARDING

    THE APPROVAL OF AN ARRANGEMENT

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  • 2017/05/15 – Pétrolia to Complete a Business Combination with Pieridae Energy Limited that will Create Canada’s First Publicly Traded, Integrated LNG Company

    Québec, May 15, 2017: Pétrolia Inc. PEA-TSVX (“Pétrolia” or the “Company”) announces that it has entered into a definitive agreement dated May 15, 2017 (the “Arrangement Agreement“) with Pieridae Energy Limited (“Pieridae“), a private Canadian corporation, providing for a business combination by way of plan of arrangement (the “Arrangement”) in accordance with Section 192 of the Canada Business Corporations Act (the “CBCA“), pursuant to which Pétrolia and Pieridae will amalgamate to form a new entity to be named “Pieridae Energy Limited” (“Amalco“). The completion of the Arrangement will result in a reverse takeover of the Company as defined in the policies of the TSX Venture Exchange (the “Exchange”). Completion of the Arrangement is subject to, among other things, the approval of the Exchange and shareholder approval from Pétrolia and Pieridae shareholders.

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  • 2017/05/05 – PIERIDAE ENERGY LIMITED ANNOUNCES SPECIAL NEEDS COLLECTIVE AGREEMENT WITH NOVA SCOTIA CONSTRUCTION LABOUR RELATIONS ASSOCIATION TO ASSIST WITH THE CONSTRUCTION OF THE GOLDBORO LNG FACILITY IN GOLDBORO, NOVA SCOTIA

    Nova Scotia, 05/05/2017: Pieridae Energy Limited (“Pieridae” or the “Company”) announced today the Goldboro LNG Project Special Needs Collective Agreement. Per the requirements of the Construction Projects Labour Relations Act, the agreement was reached on October 10, 2016, and was ratified and signed as of May 3, 2017, by the Nova Scotia Construction Labour Relations Association (CLRA) and by 85% of the building trades expected to be involved in the project’s construction. The agreement must go to the Labour Board for final approval. In the near future, Pieridae and the CLRA will request that the Labour Board declare the agreement to be a project agreement and declare the project agreement in effect for the Goldboro LNG facility project.

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  • 2016/10/14 – PIERIDAE ENERGY REACHES TENTATIVE PROJECT LABOUR AGREEMENTS

    HALIFAX, NS, October 14, 2016 – Pieridae Energy (Canada) Ltd. (Pieridae) continues to meet major milestones with the proposed Goldboro LNG processing facility. Read more

  • 2016/02/08 – PIERIDAE ENERGY RECEIVES NON-FTA EXPORT AUTHORIZATION

    HALIFAX, NS, February 8, 2016 – Pieridae Energy (Canada) Ltd. and its operating subsidiary corporations (Pieridae) continue to meet major milestones with their proposed Goldboro LNG processing facility. On February 5, 2016, Pieridae received its Non-Free Trade Export authorization from the US Department of Energy. This authorization allows US sourced natural gas to be exported as LNG to countries which do not have a free trade agreement with the United States. This authorization supplements the Free Trade Export authorization which Pieridae received from the US Department of Energy in 2015 allowing the export of US sourced natural gas to Canada and other countries with which the United States has entered into a free trade agreement.

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  • 2015/12/17 – PIERIDAE ENERGY LIMITED REACHES PROJECT MILESTONES

    HALIFAX, NS, December 17, 2015 – Pieridae Energy (Canada) Ltd. (Pieridae) continues to meet major milestones with their proposed Goldboro LNG processing facility, including the purchase of the project site and a new partnership and appointee to the board. Read more

  • 2015/08/17 – NATIONAL ENERGY BOARD ISSUES IMPORT AND EXPORT LICENCES TO PIERIDAE ENERGY (CANADA) LTD.

    HALIFAX, NS, August 17, 2015 – Pieridae Energy (Canada) Ltd. (Pieridae) is pleased to announce that it has been issued long-term licenses by the National Energy Board of Canada to import natural gas from the USA and to export liquefied natural gas (LNG) from Canada.

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  • 2015/01/27 – HARVARD PAPER DISCUSSES LNG EXPORTS FUTURE AND GOLDBORO LNG

    The Harvard Kennedy School’s Belfer Center for Science and International Affairs Associate Leonardo Maugeri published a discussion paper in December 2014 as part of the Geopolitics of Energy Project, titled Falling Short: A Reality Check for Global LNG Exports.

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