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MPLE Maple Energy

1.625
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Maple Energy MPLE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.625 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.625 1.625
more quote information »

Maple Energy MPLE Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 05/1/2015 11:54 by cantrememberthis2
Think I cracked it, think I know why all previous DEALS have failed...

This is a guess - ACC Capitals and their fund were the issue
MPLE owed them $20m as of Dec 13

So whatever deal was to take place meant there was an outstanding requirement to address the investment made by maples with the B shares.

In the end defaulting allowed MPLE to get rid of this debt obligation by the Senior Lendor buying up their total convertible shares for $750K rather than getting Maple to pay $20million plus+ read

hxxp://www.maple-energy.com/downloads/Preferred_Stock_update_18Mar2014.pdf

Tells you a great deal.

Now this has been squared away and agreed this is no longer an issue when it comes to selling the business to third parties?

This seems to be a carefully orchestrated event that was necessary to remove some of the debt burden...

Could get interesting now with previous offers who could return...?!!!!
Posted at 22/12/2014 21:45 by cantrememberthis2
Id interpret the latest RNS as semi-good news.

The Senior Lendors havent forced this into administration.

The SL will pay over £650K for the few months ahead...

MPLE forced to sell gas subsidary perhaps...

No Admin though

...........

If they can get some offer soon share price could revert to a gap up 5p :)
Posted at 22/12/2014 14:45 by maytrees
I only hold a tiny few MPLE shares but was still interested in today's RNS. If nothing is going to be left for shareholders would not liquidation proceedings now be under way?

Not much would still be better than nothing!
Posted at 27/11/2014 11:32 by p@
I alerted you a couple of weeks ago.

Submit
p@ 14 Nov'14 - 09:20 - 3262 of 3347 0 0 edit

Remind you of Qpp?

MAPLE ENERGY PLC

("Maple" or the "Company")

Notification of Transactions By Directors and Persons Discharging Managerial Responsibility Shareholding

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified on 04 April 2014, that Mr. Tony Hines, the Company's Senior Vice President and Executive Director, was forced to execute several trades involving the Company's shares (the "Shares") in order to satisfy certain unexpected obligations under his outstanding sale and repurchase agreements (the "Repo Agreements"), details of which were disclosed on 11 February 2014.
Posted at 17/11/2014 15:50 by p@
maybe i hit the nail on the head?

p@-14 Nov'14 - 09:20 - 3262 of 3311 0 0 edit

Remind you of Qpp?

MAPLE ENERGY PLC

("Maple" or the "Company")

Notification of Transactions By Directors and Persons Discharging Managerial Responsibility Shareholding

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified on 04 April 2014, that Mr. Tony Hines, the Company's Senior Vice President and Executive Director, was forced to execute several trades involving the Company's shares (the "Shares") in order to satisfy certain unexpected obligations under his outstanding sale and repurchase agreements (the "Repo Agreements"), details of which were disclosed on 11 February 2014.

Specifically, as a result of the decline in the value of the collateral supporting the Repo Agreements due to the recent steep decline in the Company's share price, Mr. Hines was forced to fulfill a substantial portion of the payment obligations under the Repo Agreements on 04 April 2014. In order to satisfy these obligations, Mr. Hines used the proceeds from the sale of 2,558,067 Shares, sold at an average price per share of approximately US$0.16 (0.10p*), along with additional personal cash, to satisfy these obligations and repurchase 1,634,850 Shares at a price per share of US$0.35 (0.21p*).

Following the completion of the transactions described above, Mr. Tony Hines beneficially owns 5,534,260 ordinary shares or 3.37% of the outstanding share capital of Company on a non-diluted basis; and has a remaining outstanding balance under his remaining Repo Agreement equivalent to approximately US$205,000.
Posted at 14/11/2014 09:20 by p@
Remind you of Qpp?

MAPLE ENERGY PLC

("Maple" or the "Company")

Notification of Transactions By Directors and Persons Discharging Managerial Responsibility Shareholding

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified on 04 April 2014, that Mr. Tony Hines, the Company's Senior Vice President and Executive Director, was forced to execute several trades involving the Company's shares (the "Shares") in order to satisfy certain unexpected obligations under his outstanding sale and repurchase agreements (the "Repo Agreements"), details of which were disclosed on 11 February 2014.

Specifically, as a result of the decline in the value of the collateral supporting the Repo Agreements due to the recent steep decline in the Company's share price, Mr. Hines was forced to fulfill a substantial portion of the payment obligations under the Repo Agreements on 04 April 2014. In order to satisfy these obligations, Mr. Hines used the proceeds from the sale of 2,558,067 Shares, sold at an average price per share of approximately US$0.16 (0.10p*), along with additional personal cash, to satisfy these obligations and repurchase 1,634,850 Shares at a price per share of US$0.35 (0.21p*).

Following the completion of the transactions described above, Mr. Tony Hines beneficially owns 5,534,260 ordinary shares or 3.37% of the outstanding share capital of Company on a non-diluted basis; and has a remaining outstanding balance under his remaining Repo Agreement equivalent to approximately US$205,000.
Posted at 27/10/2014 21:36 by blackmarketunit
Maple Energy says will soon sell Peru units to Grana y Montero - MPLE News
- Today, 9:33 PM

expected to seal the sale of a controlling stake in its Peruvian units to Grana y Montero and Alcogroup soon, rebutting media reports the agreement had col - MPLE
Posted at 23/10/2014 07:26 by kennyruss
From LSE

Hi, the way I see it is the founding company from Dallas, Maple Resources Corporation is paying MPLE for the oil & gas fields which is a subsidiary of MPLE..they will pay US$47.4m for the oil & gas & have no interest in the ethanol plant..the proposed transaction means a dilution by increasing the share capital from 164m shares to 700m shares & by enlarging the issued share capital they retain 30.4% and 43.5% whilst MPLE only holds 24.1%.

The deal from the Maple Corp Dallas means we get the cash to move the ethanol business forwards $47.4m plus 2500 extra hectares of land on lease..Maple Resources Corp, get the oil & gas fields plus the refinery.

Another way of looking at it is the Dallas deal is four times better, so when we were all hoping for 12 - 15p a share after the 1st deal, now we can look forwards to potentially 40 - 60p a share as there will still only be 164m shares in issue & we will have $47.4m cash in the bank..potential 6 or 7 bagger from 6p levels of today
Posted at 17/10/2014 08:05 by kennyruss
My understanding is that MPLE receive no cash from this deal, plenty on LSE seem to think that, MPLE are receiving $17m.

All cash to MCL ($48m) in return for a 24% holding?
Posted at 28/7/2014 11:04 by jumbone
Is this why there is an all Cash based takeover offer to MPLE now?

----------------

CAF Loans Maple $65 Million for Peru Ethanol Complex

LIMA – The Andean Development Corporation, or CAF, said Friday that it has approved a $65 million loan to Maple Etanol for an ethanol complex in northern Peru.

The company, the Peruvian unit of Canada's Maple Energy, plans to build an agro-industrial complex in the Piura region capable of producing 35 million gallons (some 132 million liters) per year of sugarcane-based ethanol for export, mainly to Europe.

CAF President and CEO Enrique Garcia said in a statement that the loan will partially fund the project's agricultural and industrial infrastructure, as well as other associated expenses.

"It is part of CAF's strategy to promote alternative, clean energy and energy efficiency, and that's the reason for our determined interest in helping get this project off the ground," Garcia said.

The project involves the development of 10,700 hectares (26,420 acres) of land suitable for sugarcane cultivation and the industrial facilities needed to produce ethanol.

Other works will include a 37.5 MW co-generation plant fueled by bagasse, a by-product of sugar milling, and a 60 KW transmission line that will carry excess electricity for sale to the national grid.

Thanks to the installation of a water transport and storage system, the project will use the Chira River to convert arid land into one of the world's most productive sugarcane plantations, CAF said.

In addition to financing from CAF, Maple Etanol also will receive a total of $75 million in loans from the Inter-American Development Bank, Dutch development bank FMO and Peru's Interbank.

Maple Energy has been involved in numerous aspects of Peru's energy industry since 1994, including exploration and production of crude oil and natural gas; refining, marketing and distribution of hydrocarbon products; and the development of an ethanol project. EFE


hxxp://www.laht.com/article.asp?ArticleId=350113&CategoryId=14095

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