share_log

Avila Energy Corporation Is Pleased to Announce the Company's Acceptance of an Initial Financing Commitment of U.S. $10 Million in Convertible Debentures and Provides Update

Avila Energy Corporation Is Pleased to Announce the Company's Acceptance of an Initial Financing Commitment of U.S. $10 Million in Convertible Debentures and Provides Update

Avila Energy Corporation很高兴地宣布,公司接受了1000万美元可转换债券的初始融资承诺,并提供了最新情况
Accesswire ·  2023/06/09 19:25

CALGARY, AB / ACCESSWIRE / June 9, 2023 / Avila Energy Corporation ("Avila" or the "Company" or "Avila Energy"), trading symbol "CSE:VIK.CN", is pleased to announce the Company's acceptance of an initial financing commitment of U.S. $10 Million in Convertible Debentures and provides update.

卡尔加里,AB/ACCESSWIRE/2023年6月9日Avila Energy Corporation(“Avila”或“Company”或“Avila Energy”)(交易代码为“CSE:VIK.CN”)高兴地宣布,该公司接受了1000万美元可转换债券的初步融资承诺,并提供了最新情况。

The Company over the course of the past 2 months after completing a series of meetings with qualified parties for the financing of up to U.S. $35,000,000 in Convertible Debentures as part of its refocused plan on the balanced development of its assets in Alberta in 2023 in parallel to the development of its Vertically Integrated Energy Business has come to a decision.

在过去两个月里,该公司完成了与合格各方的一系列会议,为高达35,000,000美元的可转换债券融资,这是其2023年在艾伯塔省的资产平衡发展计划的一部分,同时也是其垂直整合能源业务发展的一部分。

Furthermore, taking into consideration the recent announcements from GM and Tesla; "GM CEO Mary Barra announced on Thursday that the company will also adopt the use of Tesla's charging network, giving drivers more options. Barra said during a Twitter Spaces audio conversation with Tesla CEO Elon Musk that electric vehicle drivers will be able to use its adapters that will be available in the spring 2024 and charge from Tesla's network. (1)" This news confirms one of Avila Energy's target markets, EV charging.

此外,考虑到通用汽车和特斯拉最近宣布的消息,通用汽车首席执行官玛丽·巴拉周四宣布,公司也将采用特斯拉的充电网络,为司机提供更多选择。巴拉在Twitter Spaces与特斯拉首席执行官埃隆·马斯克的音频对话中表示,电动汽车司机将能够使用其适配器,这些适配器将于2024年春季上市,并通过特斯拉的网络充电。(1)这一消息证实了Avila Energy的目标市场之一--电动汽车充电

"Today was an interesting day, first Ford(1) and now GM", said Leonard B. Van Betuw President & CEO, "It is now becoming evident that major auto manufacturers are now coming to realize, what was being taken into consider Avila Energy Corporation for more than 5 years; prior to the majority of consumers being able to participate in the transition to Electric Vehicles "EVs" their must be both affordable and accessible electricity that is not dependant on third (3rd) party infrastructure will be in high demand".

“今天是有趣的一天,首先是福特(1)现在,通用汽车“,伦纳德·B·范·贝图总裁首席执行官说,”现在变得很明显,主要的汽车制造商现在开始意识到,正在考虑的是阿维拉能源公司5年多来;在大多数消费者能够参与到电动汽车的过渡之前,他们的电动汽车必须是负担得起的和可获得的电力,而不是依赖第三(3)研发)党的基础设施将需求旺盛。

Avila Energy wishes to continue to emphasize that after numerous presentations, due diligence sessions and budget meetings over the past 2 months the Company successfully negotiated and agreed to terms and accepted an offer of U.S.$10 million in Convertible Debentures to be priced as follows.

Avila Energy希望继续强调,在过去两个月的多次陈述、尽职调查会议和预算会议之后,公司成功地谈判并同意了条款,并接受了价值1000万美元的可转换债券的报价,定价如下。

The Units (the "Units") shall consist of consisting of (i) one 24-month convertible Unit with a stated face value of US$1,150 per Unit, convertible in the one common share at a conversion price of US$0.50 per share and (ii) a two-year warrant (the "Warrant") representing the right to purchase one (1) share of the Company's common stock ("Common Stock") for every dollar of the purchase price of the Unit at an exercise price of US$0.50/share.

单位(“单位”单位“)应包括(I)一个24个月的可转换单位,声明面值为每单位1,150美元,可按每股0.50美元的转换价格转换为一股普通股;及(Ii)一份为期两年的认股权证(”搜查令“)代表购买一(1)股本公司普通股的权利(”普通股“)以每股0.50美元的行使价,按单位收购价的每一元计算。

In additional the News today Avila Energy Corporation in light of this news confirms that it has informed additional parties that the Company is prepared to accept additional offers to increase the financing within the context of the terms currently agreed upon for working capital to be able to fund unbudgeted increases in demand that may occur as a result of the telling decisions being made by auto manufacturers.

此外,《今日新闻》报道,阿维拉能源公司根据这一消息证实,它已经通知其他各方,公司准备接受更多的报价,在目前商定的营运资金条款范围内增加融资,以便能够为由于汽车制造商做出的具有说服力的决策而可能出现的预算外需求增加提供资金。

The financing is to be completed by way of private placement offering (i) pursuant to Section 4(a)(2) and/or Rule 506(b) of Regulation D under the US Securities Act of 1933 (the "US Securities Act"), as amended, or (ii) pursuant to Canada's applicable securities laws, including Multi-National Instrument 45-106 (the "CDN Act") and any and all applicable state/provincial securities laws (the "Offering").

融资将以私募方式完成:(I)根据修订后的美国1933年证券法(“美国证券法”)第4(A)(2)节和/或法规D第506(B)条,或(Ii)根据加拿大适用的证券法,包括多国文书45-106(“CDN法案”)和任何及所有适用的州/省证券法(“发售”)。

(1) GM joins Ford in gaining access to Tesla's charging network (detroitnews.com)

(1)通用汽车加入福特,进入特斯拉充电网络(DetroitNews.com)

The financing announced on Monday is progressing and is anticipated to close in the next ten business days after the completion of the pre-financing customary due diligence and the preparation of the required legal documentation which are customary with a similar type of investment.

周一宣布的融资正在进行中,预计将在完成融资前惯例尽职调查和准备所需法律文件后的未来10个工作日内完成,这是类似类型投资的惯例。

Currently the operation is completing facilities turn-arounds and budgeting prior to starting the capital programs that will bring the Company's production up to 1,000 boe/d of which 15% is anticipated to be (150 bbls per day) oil and condensate, with the balance being natural gas and liquids.

目前,该业务正在完成设施周转和预算,然后开始资本计划,使公司的日产量达到1,000桶,其中15%预计为(每天150桶)石油和凝析油,其余为天然气和液体。

Use of Proceeds - 2023
US $
Vertically Integrated Energy Business(2)
$ 2,300,000
Capital Program(3) and Working Capital - West Central Alberta
$ 1,700,000
Capital Program(3) - East and West Central Alberta (~1,750 boe/d)
$ 4,000,000
Business Combination, Legal, and Associated Accounting Services
$ 1,000,000
Vertically Integrated Energy Business - Initial Sales and Installations
$ 1,000,000
Total
$ 10,000,000
收益的使用--2023年
美元
垂直整合的能源业务(2)
$ 2300,000
资本计划(3)和营运资金-艾伯塔省中西部
$ 1700,000
资本计划(3)-艾伯塔省中东部和西部(约1750 boe/d)
$ 400万
企业合并、法律和相关会计服务
$ 1,000,000
垂直整合的能源业务-初始销售和安装
$ 1,000,000
总计
$ 1,000万

(2) The Company in the 1st half of 2023 has been continually having to adapt to change by addressing to the abrupt unanticipated transition from high Natural Gas prices of over CDN$5.00 per mcf in 2022 to the recent prices of under CDN$2.50 per mcf in 2023. As part of this transition, there has been the delay in the ramp-up of the Vertically Integrated Energy Business. Therefore, despite best efforts from time-to-time, part of this transition has been on-going negotiations with Micro Turbine Technology ("MTT"). The Company recently attended meetings in Eindhoven in the Netherlands and acknowledged that there have been some delays and despite our differences can confirm, that upon delivery of the outstanding payments to MTT that are within the budget noted above, it will have fulfilled its obligations and will be back on track. ' Despite our legal differences on the interpretation of both parties' contractual engagements, once Avila's financial commitments have been honoured with MTT, it will have cured MTT's Default Notice and be current on all its financial obligations towards MTT. Accordingly, Avila looks forward to ramping up its previously announced Vertically Integrated Energy Business in the course of 2023.

(2)公司在1ST2023年的一半一直在不断适应变化,应对2022年天然气价格从每mcf超过5.00加元的突然意外过渡到2023年每mcf低于2.50加元的最近价格。作为这一过渡的一部分,垂直整合能源业务的扩张一直存在延迟。因此,尽管时不时地尽最大努力,但这一过渡的一部分一直是与Micro Turbine Technology(四甲基偶氮唑盐公司最近参加了在荷兰埃因霍温举行的会议,并承认出现了一些延误,尽管我们可以确认,在向MTT支付上述预算内的未偿还款项后,它将履行其义务,并将重回正轨。‘尽管我们在解释双方合同约定方面存在法律分歧,但一旦阿维拉的财务承诺与MTT一起兑现,它将解决MTT的违约通知,并及时履行其对MTT的所有财务义务。因此,Avila期待着在2023年期间加强其先前宣布的垂直整合能源业务。

(3) Details for the Company's Capital Program is outlined within its Corporate Presentation that can be found on its website

(3)公司资本计划的详情可在公司网站上的公司演示文稿中找到

About Avila Energy Corporation

关于阿维拉能源公司

The Company is an emerging CSE listed corporation trading under the symbol ('VIK'), and in combination with an expanding portfolio of 100% Owned and Operated oil and natural gas production, pipelines and facilities is a licensed producer, explorer, and developer of Energy in Canada. The Company's long-term vision is to achieve through the implementation of a closed system of carbon capture and sequestration, an established path towards the material reduction of Tier 1, Tier 2 and Tier 3 emissions and continues to work towards becoming a vertically Integrated Carbon Neutral Energy Producer. The Company's goals are to be achieved by focusing on the application of proven geological, geophysical, engineering, and production techniques in combination and the direct sale of energy to both residential and commercial consumers.

该公司是一家新兴的CSE上市公司,交易代码为(‘VIK’),与100%拥有和运营的石油和天然气生产、管道和设施的不断扩大的投资组合相结合,是加拿大能源的特许生产商、勘探者和开发商。该公司的长期愿景是通过实施封闭式碳捕获和封存系统来实现以下目标:第1级、第2级第3级排放,并继续努力成为垂直的集成碳中性能源生产商。这个该公司的目标是通过将经过验证的地质、地球物理、工程和生产技术结合起来并直接向住宅和商业用户销售能源来实现的。

For further information, please contact:

如需更多信息,请联系:

Emails:

电子邮件:

Ronnie Shporer, Investor Relations, North America or
Peter Nesveda, Investor Relations, International or
Leonard B. Van Betuw, President & CEO

Ronnie Shporer,北美投资者关系部或
Peter Nesveda,投资者关系部,国际或
伦纳德·范·贝托,总裁&首席执行官

Ronnie Shporer: ron.s@avilaenergy.com
Peter Nesveda: peter@intuitiveaustralia.com.au
Leonard B. Van Betuw: leonard.v@avilaenergy.com

电子邮件:ron.s@avilaenergy.com
彼得·内斯韦达:peter@tuitiveaustralia.com.au
Leonard B.Van Betuw:leonard.v@avilaenergy.com

ON BEHALF OF THE BOARD

我代表董事会

Leonard B. Van Betuw
President & CEO

伦纳德·范·贝图
总裁兼首席执行官

Abbreviations

缩写

bbls/d - barrels per day
BOE/d - barrels oil equivalent per day
NGLs - Natural Gas Liquids
Mboe - Thousands of barrels of oil equivalent
MMboe - Millions of barrels of oil equivalent
PDP - Proved Developed Producing
TP - Total Proved Reserves
TPP - Total Proved and Probable Reserves
IFRS - International Financial Reporting Standards as issued by the International Accounting Standards Board
WTI - West Texas Intermediate, the reference price paid in U.S. dollars at Cushing, Oklahoma for the crude oil standard grade

Bbls/d-每天的桶
英国央行/日-桶油当量/日
NGLS--天然气液体
MBoe-数千桶油当量
Mmboe-百万桶油当量
PDP-探明开发生产
TP-已探明总储量
TPP-已探明和可能的总储量
IFRS-国际会计准则理事会发布的国际财务报告准则
WTI-西德克萨斯中质原油,以美元在俄克拉荷马州库欣为原油标准等级支付的参考价格

Forward-Looking Information & Forward-Looking Statements Cautionary Statement

前瞻性信息和前瞻性陈述告诫声明

Certain information in this news release, including the operations at the Company's properties, constitute forward-looking statements under applicable securities laws. Although Avila Energy Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Avila Energy Corporation can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. This release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation, and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. It should not be assumed that the estimates of net present value of future net revenue attributable to the Company's reserves presented above represent the fair market value of the reserves. The recovery and reserve estimates of the Company's oil, NGL, and natural gas reserves provided herein are estimates only and there is no guarantee that the estimated reserves will be recovered. Further, there is no assurance that the forecast prices and costs assumptions will be attained, and variances could be material. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. Barrel ("bbl") of oil equivalent ("boe") amounts may be misleading particularly if used in isolation. All boe conversions in this report are calculated using a conversion of six thousand cubic feet of natural gas to one equivalent barrel of oil (6 mcf=1 bbl) and is based on an energy conversion method primarily applicable at the burner tip and does not represent a value equivalency at the well head. This news release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. Trading in the securities of Avila Energy Corporation should be considered highly speculative. Neither the Canadian Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. For more information on the Company, Investors should review the Company's registered filings which are available at .

根据适用的证券法,本新闻稿中的某些信息,包括公司物业的运营,构成前瞻性陈述。尽管阿维拉能源公司认为这些前瞻性陈述中反映的预期是合理的,但不应过度依赖它们,因为阿维拉能源公司不能保证它们将被证明是正确的。由于前瞻性陈述涉及未来的事件和情况,它们本身就具有内在的风险和不确定性。本新闻稿中包含的前瞻性陈述是在本新闻稿发布之日作出的,公司不承担任何公开更新或修改任何包含的前瞻性陈述的义务,除非适用的证券法要求,否则,无论是由于新信息、未来事件还是其他原因。本新闻稿包括可能被视为“前瞻性陈述”的某些陈述。本新闻稿中除有关历史事实的陈述外,涉及公司预期的未来产量、储量潜力、勘探钻探、开采活动和事件或发展的所有陈述均为前瞻性陈述。尽管公司认为这些前瞻性陈述中表达的预期是基于合理的假设,但这些陈述并不是对未来业绩的保证,实际结果或发展可能与前瞻性陈述中的大不相同。可能导致实际结果与前瞻性陈述中的结果大相径庭的因素包括市场价格、开采和勘探成功、资本和融资的持续可获得性以及总体经济、市场或商业状况。不应假设上述可归因于本公司储备的未来净收入净现值的估计代表储备的公平市场价值。本公司提供的石油、天然气和天然气储量的采收率和储量估计仅为估计,不能保证估计的储量将被回收。此外,不能保证预测的价格和成本假设将会实现,差异可能是实质性的。请投资者注意,任何此类陈述都不是对未来业绩的保证,这些实际结果或发展可能与前瞻性陈述中预测的大不相同。桶(Bbl)油当量(Boe)数量可能会产生误导,特别是在单独使用时。本报告中的所有boe转换率都是使用六千立方英尺天然气换算成一桶当量石油(6mcf=1 bbl)来计算的,并基于主要适用于燃烧器尖端的能量转换方法,而不代表井口的等值。本新闻稿不应构成出售要约或征求任何购买要约,也不应在任何司法管辖区出售这些证券,而在任何司法管辖区,此类要约、征求或出售都是非法的。所发售的证券尚未、也不会根据修订后的《1933年美国证券法》进行登记,除非登记或适用豁免《美国证券法》和适用的州证券法的登记要求,否则不得在美国发售或出售。交易阿维拉能源公司的证券应被视为高度投机性。加拿大证券交易所及其监管服务提供商(该术语在加拿大证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。欲了解更多有关该公司的信息,投资者应查阅该公司的注册备案文件,这些文件可在以下网址查阅。

SOURCE: Avila Energy Corporation

资料来源:阿维拉能源公司


View source version on accesswire.com:
在accesswire.com上查看源代码版本:

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    抢沙发