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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Southern Energy Corp. | LSE:SOUC | London | Ordinary Share | CA8428133059 | SHS NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.75 | 9.50 | 10.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 35.45M | 9.3M | 0.0561 | 3.03 | 28.17M |
TIDMSOUC
RNS Number : 6725Y
Southern Energy Corp.
09 May 2023
SOUTHERN ENERGY CORP.
BLOCK ADMISSION SIX MONTHLY RETURN
Calgary, Alberta - May 9, 2023 - Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU) (AIM:SOUC) (OTCQX:SOUTF) announces the following update on its block admission of shares to be issued to holders of the outstanding warrants issued in 2021 (the "2021 Warrants") and the outstanding 8% convertible unsecured subordinated debentures issued on June 14, 2019 and January 15, 2021 (the "Convertible Debentures").
Name of company: Southern Energy Corp. Name of schemes: The Southern Energy Corp - warrants issued in 2021 and the 8% convertible unsecured subordinated debentures issued on 1 4 June 2019 and 15 January 2021 Period of return: From: 1 February 2023 To: 5 May 2023 Balance of unallotted securities 16,840,625 Common Shares under scheme(s) from previous return: The amount by which the block scheme(s) Nil Common Shares has been increased since the date of the last return (if any increase has been applied for): Number of securities issued/allotted 984,375 Common Shares under the scheme during the period: Number of securities lapsed under Nil Common Shares the schemes during the period: Balance under the schemes of securities 15,856,250 Common Shares not yet issued at the end of the period subject to the block admission: Name of contact: Calvin Yau, CFO Telephone number of contact: +1 587 287 5402
Total Voting Rights
At May 5, 2023, the total number of voting rights in the Company was 139,041,285 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules. There are no Common Shares held in treasury and each Common Share entitles the holder to a single vote at general meetings of the Company.
For further information, please contact :
Southern Energy Corp. Ian Atkinson (President and CEO) +1 587 287 5401 Calvin Yau (CFO) +1 587 287 5402 Strand Hanson Limited - Nominated & Financial Adviser James Spinney / James Bellman +44 (0) 20 7409 3494 Canaccord Genuity - Joint Broker Henry Fitzgerald-O'Connor / James Asensio +44 (0) 20 7523 8000 Stifel Nicolaus Europe Limited - Joint Broker Callum Stewart / Ashton Clanfield +44 (0) 20 7710 7600 Tennyson Securities - Joint Broker Peter Krens / Pav Sanghera +44 (0) 20 7186 9033 Camarco Owen Roberts / Billy Clegg / Hugo Liddy +44 (0) 20 3757 4980
About Southern Energy Corp.
Southern Energy Corp. is a natural gas exploration and production company. Southern has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. Our management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques.
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May 09, 2023 02:00 ET (06:00 GMT)
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