Southern Energy Corp. EXERCISE OF WARRANTS (3455Q)
27 Octubre 2021 - 01:00AM
UK Regulatory
TIDMSOUC
RNS Number : 3455Q
Southern Energy Corp.
27 October 2021
SOUTHERN ENERGY CORP. ANNOUNCES EXERCISE OF WARRANTS
Calgary, Alberta - October 27, 2021 - Southern Energy Corp.
("Southern" or the "Company") (SOU: TSXV) (AIM:SOUC), a
U.S.-focused, growth-oriented oil and natural gas producer,
announces that the Company has issued 625,000 new common shares in
the Company ("Common Shares") to satisfy an exercise of warrants
over Common Shares at an exercise price of CAD0.04 per Common
Share.
Application has been made to the London Stock Exchange to admit
625,000 new Common Shares to trading on AIM, which is expected to
occur on or around 1 November 2021 ("Admission"). The new Common
Shares will rank pari passu with the existing Common Shares.
Following Admission, the issued share capital of the Company
will be 362,597,054 Common Shares and this figure may be used by
shareholders as a denominator for the calculations by which they
will determine if they are required to notify their interest in or
change to their interest in the Company. 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. Accordingly, on
Admission, the total number of voting rights in the Company will be
362,597,054.
Southern Energy Corp.
Ian Atkinson (President and CEO) +1 587 287 5401
Calvin Yau (VP Finance and CFO) +1 587 287 5402
+44 (0) 20 7409
Strand Hanson Limited - Nominated & Financial 3494
Adviser
James Spinney / James Bellman
+44 (0) 20 7907
Hannam & Partners - Joint Broker 8500
Sam Merlin / Ernest Bell
Canaccord Genuity - Joint Broker +44 (0) 20 7523
Henry Fitzgerald-O'Connor / James Asensio 8000
Camarco +44 (0) 20 3757
James Crothers, Billy Clegg, Daniel Sherwen 4980
For further information, please contact :
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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