Southern Energy Corp. BLOCK ADMISSION SIX MONTHLY RETURN (6725Y)
09 Mayo 2023 - 01:00AM
UK Regulatory
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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END
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