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
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.
卡爾加裡,AB/ACCESSWIRE/2023年6月9日Avila Energy Corporation(“Avila”或“Company”或“Avila Energy”)(交易代碼為“CSE:VIK.CN”)高興地宣佈,該公司接受了1000萬美元可轉換債券的初步融資承諾,並提供了最新情況。
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.
在過去兩個月裡,該公司完成了與合格各方的一系列會議,為高達35,000,000美元的可轉換債券融資,這是其2023年在艾伯塔省的資產平衡發展計劃的一部分,同時也是其垂直整合能源業務發展的一部分。
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,考慮到通用汽車和特斯拉最近宣佈的消息,通用汽車首席執行官瑪麗·巴拉週四宣佈,公司也將採用特斯拉的充電網路,為司機提供更多選擇。巴拉在Twitter Spaces與特斯拉首席執行官埃隆·馬斯克的音頻對話中表示,電動汽車司機將能夠使用其適配器,這些適配器將於2024年春季上市,並通過特斯拉的網路充電。(1)這一消息證實了Avila Energy的目標市場之一--電動汽車充電。
"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)現在,通用汽車“,倫納德·B·範·貝圖總裁首席執行官說,”現在變得很明顯,主要的汽車製造商現在開始意識到,正在考慮的是阿維拉能源公司5年多來;在大多數消費者能夠參與到電動汽車的過渡之前,他們的電動汽車必須是負擔得起的和可獲得的電力,而不是依賴第三(3)研發)黨的基礎設施將需求旺盛。
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希望繼續強調,在過去兩個月的多次陳述、盡職調查會議和預算會議之後,公司成功地談判並同意了條款,並接受了價值1000萬美元的可轉換債券的報價,定價如下。
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.
單位(“單位”單位“)應包括(I)一個24個月的可轉換單位,聲明面值為每單位1,150美元,可按每股0.50美元的轉換價格轉換為一股普通股;及(Ii)一份為期兩年的認股權證(”搜查令“)代表購買一(1)股本公司普通股的權利(”普通股“)以每股0.50美元的行使價,按單位收購價的每一元計算。
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,《今日新聞》報道,阿維拉能源公司根據這一消息證實,它已經通知其他各方,公司準備接受更多的報價,在目前商定的營運資金條款範圍內增加融資,以便能夠為由於汽車製造商做出的具有說服力的決策而可能出現的預算外需求增加提供資金。
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").
融資將以私募方式完成:(I)根據修訂後的美國1933年證券法(“美國證券法”)第4(A)(2)節和/或法規D第506(B)條,或(Ii)根據加拿大適用的證券法,包括多國文書45-106(“CDN法案”)和任何及所有適用的州/省證券法(“發售”)。
(1) GM joins Ford in gaining access to Tesla's charging network (detroitnews.com)
(1)通用汽車加入福特,進入特斯拉充電網路(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.
週一宣佈的融資正在進行中,預計將在完成融資前慣例盡職調查和準備所需法律檔案後的未來10個工作日內完成,這是類似類型投資的慣例。
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,該業務正在完成設施周轉和預算,然後開始資本計劃,使公司的日產量達到1,000桶,其中15%預計為(每天150桶)石油和凝析油,其餘為天然氣和液體。
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 | |||
垂直整合的能源業務(2) |
$ | 2300,000 | ||
資本計劃(3)和營運資金-艾伯塔省中西部 |
$ | 1700,000 | ||
資本計劃(3)-艾伯塔省中東部和西部(約1750 boe/d) |
$ | 400萬 | ||
企業合併、法律和相關會計服務 |
$ | 1,000,000 | ||
垂直整合的能源業務-初始銷售和安裝 |
$ | 1,000,000 | ||
總計 |
$ | 1,000萬 |
(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年的一半一直在不斷適應變化,應對2022年天然氣價格從每mcf超過5.00加元的突然意外過渡到2023年每mcf低於2.50加元的最近價格。作為這一過渡的一部分,垂直整合能源業務的擴張一直存在延遲。因此,儘管時不時地盡最大努力,但這一過渡的一部分一直是與Micro Turbine Technology(四甲基偶氮唑鹽公司最近參加了在荷蘭埃因霍溫舉行的會議,並承認出現了一些延誤,儘管我們可以確認,在向MTT支付上述預算內的未償還款項後,它將履行其義務,並將重回正軌。‘儘管我們在解釋雙方合同約定方面存在法律分歧,但一旦阿維拉的財務承諾與MTT一起兌現,它將解決MTT的違約通知,並及時履行其對MTT的所有財務義務。因此,Avila期待著在2023年期間加強其先前宣佈的垂直整合能源業務。
(3) Details for the Company's Capital Program is outlined within its Corporate Presentation that can be found on its website
(3)公司資本計劃的詳情可在公司網站上的公司演示文稿中找到
About Avila Energy Corporation
關於阿維拉能源公司
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.
該公司是一家新興的CSE上市公司,交易代碼為(‘VIK’),與100%擁有和運營的石油和天然氣生產、管道和設施的不斷擴大的投資組合相結合,是加拿大能源的特許生產商、勘探者和開發商。該公司的長期願景是通過實施封閉式碳捕獲和封存系統來實現以下目標:第1級、第2級和第3級排放,並繼續努力成為垂直的集成碳中性能源生產商。這個該公司的目標是通過將經過驗證的地質、地球物理、工程和生產技術結合起來並直接向住宅和商業用戶銷售能源來實現的。
For further information, please contact:
如需更多資訊,請聯繫:
Emails:
電子郵件:
Ronnie Shporer, Investor Relations, North America or
Peter Nesveda, Investor Relations, International or
Leonard B. Van Betuw, President & CEO
Ronnie Shporer,北美投資者關系部或
Peter Nesveda,投資者關系部,國際或
倫納德·範·貝託,總裁&首席執行官
Ronnie Shporer: ron.s@avilaenergy.com
Peter Nesveda: peter@intuitiveaustralia.com.au
Leonard B. Van Betuw: leonard.v@avilaenergy.com
電子郵件:ron.s@avilaenergy.com
彼得·內斯韋達:peter@tuitiveaustralia.com.au
Leonard B.Van Betuw:leonard.v@avilaenergy.com
ON BEHALF OF THE BOARD
我代表董事會
Leonard B. Van Betuw
President & CEO
倫納德·範·貝圖
總裁兼首席執行官
Abbreviations
縮寫
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
英國央行/日-桶油當量/日
NGLS--天然氣液體
MBoe-數千桶油當量
Mmboe-百萬桶油當量
PDP-探明開發生產
TP-已探明總儲量
TPP-已探明和可能的總儲量
IFRS-國際會計準則理事會發布的國際財務報告準則
WTI-西德克薩斯中質原油,以美元在俄克拉荷馬州庫欣為原油標準等級支付的參考價格
Forward-Looking Information & Forward-Looking Statements Cautionary Statement
前瞻性資訊和前瞻性陳述告誡聲明
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 .
根據適用的證券法,本新聞稿中的某些資訊,包括公司物業的運營,構成前瞻性陳述。儘管阿維拉能源公司認為這些前瞻性陳述中反映的預期是合理的,但不應過度依賴它們,因為阿維拉能源公司不能保證它們將被證明是正確的。由於前瞻性陳述涉及未來的事件和情況,它們本身就具有內在的風險和不確定性。本新聞稿中包含的前瞻性陳述是在本新聞稿發佈之日作出的,公司不承擔任何公開更新或修改任何包含的前瞻性陳述的義務,除非適用的證券法要求,否則,無論是由於新資訊、未來事件還是其他原因。本新聞稿包括可能被視為“前瞻性陳述”的某些陳述。本新聞稿中除有關歷史事實的陳述外,涉及公司預期的未來產量、儲量潛力、勘探鑽探、開採活動和事件或發展的所有陳述均為前瞻性陳述。儘管公司認為這些前瞻性陳述中表達的預期是基於合理的假設,但這些陳述並不是對未來業績的保證,實際結果或發展可能與前瞻性陳述中的大不相同。可能導致實際結果與前瞻性陳述中的結果大相徑庭的因素包括市場價格、開採和勘探成功、資本和融資的持續可獲得性以及總體經濟、市場或商業狀況。不應假設上述可歸因於本公司儲備的未來淨收入淨現值的估計代表儲備的公平市場價值。本公司提供的石油、天然氣和天然氣儲量的採收率和儲量估計僅為估計,不能保證估計的儲量將被回收。此外,不能保證預測的價格和成本假設將會實現,差異可能是實質性的。請投資者注意,任何此類陳述都不是對未來業績的保證,這些實際結果或發展可能與前瞻性陳述中預測的大不相同。桶(Bbl)油當量(Boe)數量可能會產生誤導,特別是在單獨使用時。本報告中的所有boe轉換率都是使用六千立方米英尺天然氣換算成一桶當量石油(6mcf=1 bbl)來計算的,並基於主要適用於燃燒器尖端的換能方法,而不代表井口的等值。本新聞稿不應構成出售要約或徵求任何購買要約,也不應在任何司法管轄區出售這些證券,而在任何司法管轄區,此類要約、徵求或出售都是非法的。所發售的證券尚未、也不會根據修訂後的《1933年美國證券法》進行登記,除非登記或適用豁免《美國證券法》和適用的州證券法的登記要求,否則不得在美國發售或出售。交易阿維拉能源公司的證券應被視為高度投機性。加拿大證券交易所及其監管服務提供商(該術語在加拿大證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。欲瞭解更多有關該公司的資訊,投資者應查閱該公司的註冊備案檔案,這些檔案可在以下網址查閱。
SOURCE: Avila Energy Corporation
資料來源:阿維拉能源公司