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GRD Grounded Lithium Corp

0.04
0.00 (0.00%)
10 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Grounded Lithium Corp TSXV:GRD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.04 0.04 0.045 0 00:00:00

Gordon Creek Energy Inc. (Formerly Thunderbird Energy Corp): Implementation of Name Change and Share Consolidation

24/10/2013 6:22pm

Marketwired Canada


Gordon Creek Energy Inc. (TSX VENTURE:GDN) (formerly Thunderbird Energy Corp.
TSX-V: TBD) (the "Company") today announced that effective October 24 2013, the
Company's name has been changed to Gordon Creek Energy Inc. and the common
shares of the Company commenced trading on a consolidated basis on the TSX
Venture Exchange under the symbol "GDN". The Company's series of natural gas
linked debentures will continue to trade on the TSX Venture Exchange under the
new symbol "GDN.DB". The name change and 15 for 1 share consolidation were
approved by the shareholders at the Company's annual general meeting held June
12th, 2013. 


The Company is in the advanced stages of negotiating proposed amendments of the
terms of its outstanding debentures, which amended terms will include an
extension of the term of the debentures beyond the October 31, 2013 due date.
The Company will be making the regular quarterly dividend payment in the normal
course following the October 31, 2013 quarter end. These discussions are being
held in conjunction with discussions with Sandstorm Metals & Energy Ltd (TSX-V:
SND) with respect to the modification of the terms of the Company's current
natural gas streaming agreement with Sandstorm. The objective of the amendments
will be to strengthen the Company's balance sheet and facilitate raising
additional third party capital to advance the development of the Gordon Creek
natural gas project. The Company anticipates being in a position to provide a
further update at the end of October. 


Gordon Creek Energy is an oil and gas exploration and production Company with
interests in the US Rockies.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


Caution Regarding Forward- looking information

Information in this news release respecting anticipated trading status of the
Company's shares and Debentures, as well as any potential amendment or
re-structuring of certain current debt and/ or contractual arrangements
constitute forward-looking information. Statements containing forward-looking
information express, as at the date of this news release, the Company's plans,
expectations, or beliefs as to future events or results are believed to be
reasonable based on the information currently available to the Company. The
Company does not undertake to update any such forward-looking statements unless
required by applicable securities legislation. 


Statements including forward-looking information involve known and unknown
risks, uncertainties and other factors which may cause the actual results of the
Company and its operations to be materially different from estimated costs or
results expressed or implied by such forward-looking statements. 


There can be no assurance that forward-looking statements will prove to be
accurate. Actual results and future events could differ materially from those
anticipated in such statements. Readers should not place undue reliance on
forward-looking information. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gordon Creek Energy Inc.
Rick J. Ironside, P. Eng MBA
President and COO
403-453-1608
rironside@thunderbirdenergy.com


Gordon Creek Energy Inc.
800 - 555 4th Ave SW
Calgary, AB T2P 3E7


Gordon Creek Energy Inc.
Cam White
Chief Executive Officer
604-707-0373
cwhite@thunderbirdenergy.com


Gordon Creek Energy Inc.
401 - 533 Smithe Street
Vancouver, BC V6B 6H1
www.thunderbirdenergy.com

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