KERM'S KORNER Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : KERM'S KORNER

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Arnie who wrote (8799)	2/3/1998 11:50:00 AM
From: Herb Duncan	of 15196

FINANCING / Progress Energy Announces Completion of Public Offering and Listing of Shares ASE SYMBOL: PGX.A PGX.B FEBRUARY 3, 1998 CALGARY, ALBERTA--Progress Energy Ltd. (Progress) is pleased to announce that our Class A and Class B shares commenced trading on The Alberta Stock Exchange. Progress also announces that on December 30, 1997 we completed our initial public offering of units of Class A and B shares. Each unit consisted of 200 Class A shares and 90 Class B shares. 13,010 units were sold for gross proceeds to Progress of $13,010,000. Jennings Capital Inc. acted as agent for the offering. Progress Energy is an oil and gas company that was recently formed to participate in oil and gas exploration and development in Canada. Progress currently produces 360 barrels of light sweet oil per day from our core properties in southeast Saskatchewan and southwest Manitoba.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next