Calgary, Alberta--(Newsfile Corp. - November 8, 2023) - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") announces that, further to its news release of August 25, 2023, a Cease Trade Order (the "CTO") has been issued by the Alberta Securities Commission. The CTO was issued as a result of a delay in the filing of the Corporation's audited annual financial statements, accompanying management discussion and analysis, and certifications for the financial year ended April 30, 2023, and the corresponding interim financial statements, management discussion and analysis, and certifications for the period ended July 31, 2023 (collectively, the "Filings").
Revocation of the CTO is expected to occur within a few days after the Filings are made.
Blacksteel is pleased to announce that Arthur Madden, CPA, CMA, ICD,D has been appointed as the new Chief Financial Officer of Blacksteel Energy Inc.
Mr. Madden brings over 40 years of experience as a Director, Advisor and Chief Financial Officer with international capital markets experience for both private and public entities in Canada, Argentina, Russia, USA and the Middle East. Mr. Madden has proven abilities in strategic planning, capital markets, environmental and social governance, capital procurement, value creation, and corporate governance for public and private companies, including start-ups and initial public offerings. He is a previous director of Painted Pony Energy (PONY.TSX) from inception to its status as a rapidly growing producer in Canada's Montney hydrocarbon play. Mr. Madden plans to leverage this valuable experience in growing complex organizations from start up, to initial public offerings and final strategic divestiture. His involvement includes growing companies for $1MM in value to in excess of $400 MM.
Mr. Madden replaces Jeff Callaway as Chief Financial Officer, who has departed from the Corporation. Blacksteel acknowledges Mr. Callaway's time with Blacksteel and wishes him well in his future endeavours.
Blacksteel Energy Inc.
Blacksteel is a junior oil and gas company involved in the exploration, development and production of petroleum and natural gas resources.
Duncan Nightingale
President and CEO
(587) 433-4159
duncan@blacksteelenergy.ca
Forward-Looking Information Cautionary Statement: This document contains forward-looking statements regarding the business and operations of Blacksteel. All statements other than statements of historical fact contained herein are forward-looking statements under applicable securities laws. In particular, statements as to the Corporation's anticipated transactions are forward-looking statements. These forward-looking statements are based upon various assumptions. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "seek", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding: the completion of the Corporation's audited financial statements and associated management discussion and analysis for the year ended April 30, 2023 and for the interim financial statements for the period ended July 31, 2023. The Corporation's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward- looking statements and, accordingly, no assurances can be given that any of the plans, intentions or expectations anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefit the Corporation will derive there from. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with oil and gas exploration; risks related to the listing and maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drilling results; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; the possibility that future exploration and development results will not be consistent with the Corporation's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Corporation's prospects, properties and business detailed elsewhere in the Corporation's disclosure record. All subsequent forward-looking statements, whether written or oral, attributable to the Corporation or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Corporation 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.
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艾伯塔省卡尔加里--(Newsfile Corp.,2023 年 11 月 8 日)-黑钢能源公司(”黑钢“或者”公司“)宣布,继其2023年8月25日发布的新闻稿之后,还发布了停止贸易令(”CTO“)已由艾伯塔省证券委员会发行。首席技术官之所以发布,是因为公司延迟提交截至2023年4月30日的财政年度的经审计的年度财务报表、随附的管理层讨论和分析以及认证,以及截至2023年7月31日的相应中期财务报表、管理层讨论和分析以及认证(统称为”申报“)。
预计将在提交申报后的几天内撤销首席技术官。
黑钢很高兴地宣布,注册会计师、CMA、ICD、D Arthur Madden被任命为黑钢能源公司的新任首席财务官。
Madden先生拥有40多年的董事、顾问和首席财务官经验,在加拿大、阿根廷、俄罗斯、美国和中东的私营和公共实体拥有国际资本市场经验。Madden先生在战略规划、资本市场、环境和社会治理、资本采购、价值创造以及上市和私营公司(包括初创企业和首次公开募股)的公司治理方面久经考验的能力。从Painted Pony Energy(PONY.TSX)成立到成为加拿大蒙特尼碳氢化合物剧中快速增长的制片人,他都曾是该公司的董事。从创业到首次公开募股,再到最终的战略资产剥离,Madden先生计划利用这种宝贵的经验来发展复杂的组织。他的参与包括价值为100万美元至超过4亿美元的成长型公司。
麦登先生接替已离开公司的杰夫·卡拉威担任首席财务官。Blacksteel感谢卡拉威先生在黑钢公司度过的时光,并祝愿他在未来的工作中一切顺利。
黑钢能源公司
Blacksteel是一家初级石油和天然气公司,参与石油和天然气资源的勘探、开发和生产。
邓肯·南丁格尔
总裁兼首席执行官
(587) 433-4159
duncan@blacksteelenergy.ca
前瞻性信息警示声明:本文件包含有关Blacksteel业务和运营的前瞻性陈述。根据适用的证券法,此处包含的历史事实陈述以外的所有陈述均为前瞻性陈述。特别是,关于公司预期交易的陈述是前瞻性陈述。这些前瞻性陈述基于各种假设。前瞻性陈述通常以 “计划”、“期望”、“项目”、“寻求”、“打算”、“相信”、“预期”、“估计”、“建议”、“表明” 等词语以及其他类似的词语或陈述来表述 “可能” 或 “将” 发生的某些事件或条件,包括但不限于有关以下方面的陈述:公司经审计的财务报表的完成以及该年度的相关管理层讨论和分析截至2023年4月30日的中期财务报表以及截至2023年7月31日的中期财务报表。公司的实际业绩、业绩或成就可能与这些前瞻性陈述中所表达或暗示的业绩、业绩或成就存在重大差异,因此,无法保证前瞻性陈述所预期的任何计划、意图或预期会实现或发生,也无法保证公司将从中获得什么好处。前瞻性陈述受各种风险和不确定性的影响,可能导致实际事件或结果与前瞻性陈述中反映的有所不同,包括但不限于:与未能及时以可接受的条件获得充足融资相关的风险;与法律诉讼结果相关的风险;与石油和天然气勘探相关的政治和监管风险;与证券交易所上市和维护相关的风险;与环境监管和责任相关的风险;勘探或开发活动延迟或可行性研究完成的可能性;盈利能力的不确定性;与钻探结果解释相关的风险和不确定性;与产量和成本估算的固有不确定性以及可能出现意想不到的成本和支出相关的风险;未来勘探和开发结果与公司预期不一致的可能性;与大宗商品价格波动相关的风险;以及与之相关的其他风险和不确定性公司的前景、财产和业务详见公司披露记录的其他地方。随后归因于公司或代表公司行事的人的所有前瞻性陈述,无论是书面还是口头陈述,均由这些警示性陈述作了明确的完整限定。此外,本新闻稿中包含的前瞻性陈述是截至本新闻稿发布之日作出的,除非适用的证券法另有要求,否则公司没有义务公开更新或修改所包含的任何前瞻性陈述,无论是由于新信息、未来事件还是其他原因。
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