The Company’s management and other insiders are subject to an insider trading black-out policy that reflects the principles in section 9 of National Policy 11-207 Failure-to-File Cease
Since the filing of the interim financial reports on
- on
December 9, 2019 ,Texaskew Energy, LLC (“Texaskew”) assigned the rights and obligations under a project agreement with GulfSlope Energy, Inc. (“GulfSlope”) datedNovember 15, 2019 (“Project Agreement”) to the Company for a period of 6 months, subject to the Company’s option to renew for an additional 6 months (“Assignment”). In order to finance its commitments and provide general working capital, the Company proposed to complete a private placement of units at a price of$0.05 per unit for minimum gross proceeds of$1,000,000 and maximum gross proceeds of$1,200,000 . - on
March 19, 2020 , the resignation of Dr.Art Halleran as a director and the appointment ofMikael Lundgren andMiles Nagamatsu , Chief Financial Officer of the Company, as directors. - on
April 9, 2020 , the Company announced the mutual termination of the Assignment withTexaskew Energy LLC .
About the Issuer
For additional information, please contact:
CEO
(713) 858-3329
info@unitedhunteroil.com
Reader Advisory
Neither
Certain statements contained in this press release may constitute “forward-looking statements” as such term is used in applicable Canadian and US securities laws. These statements relate to analyses and other information that are based upon forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and the Corporation undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.
Source:
2020 GlobeNewswire, Inc., source