MNP Petroleum Corp. (MNAP)

[AMOTE1]

MNP Petroleum Corp. Completes Production Acquisition
Accesswire
14 minutes ago

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BAAR, SWITZERLAND / ACCESSWIRE / January 15, 2015 / MNP Petroleum Corp. ("MNP") (TSX-V:MNP) (MNAP), announces that it has completed the EPA.at transaction. Pursuant to the Supplement Agreement dated September 11, 2014 and the Notary Act dated November 21, 2014, DWM Petroleum AG, a 100% subsidiary of MNP, through its 100% subsidiary TF Petroleum AG has completed the acquisition of a 65% interest in EPA.at, an Austria registered company, for total consideration of US$12 million to the Seller, Kavsar General Trading FZE. EPA.at holds 57.42% of the equity interest in the Tajik company Petroleum Sugd; the remaining 42.58% equity interest in Petroleum Sugd is held by the Tajik state oil company Sugdneftugas. Petroleum Sugd owns eight producing oil fields.

MNP has completed an extensive data management campaign in 2013. This data management effort was followed by a Geological and Geophysical evaluation and a corresponding reservoir/production engineering study in 2014. MNP’s future work program is based on work-overs of existing wells and drilling of new wells.

Heinz Scholz, Executive Chairman of MNP, stated, "We are delighted to have finalized this transaction. This transaction also represents a critical step for MNP changing the company from a pure exploration play to an exploration and production company."

About MNP

MNP is an international oil and gas company with primary focus on exploration and development in Central Asia and Mongolia. In Tajikistan MNP owns 90% working interest in a Production Sharing Agreement covering the license areas Zapadnyi and Severo-Zapadnyi in the Soughd region through its wholly-owned subsidiary DWM Petroleum AG, and it owns a working interest in eight producing oilfields (as described in the above press release). In Mongolia, MNP owns 74% of the working interest in two Production Sharing Contracts covering Blocks XIII and XIV through its wholly-owned subsidiary DWM Petroleum AG.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. Forward-looking statements in this press release include those concerning the planned work program. While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect current judgment regarding the direction of MNP's business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this press release. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risk of unexpected delays arising from field conditions, MNP's ability to raise the necessary capital and other risks identified in MNP's periodic filings with the Securities and Exchange Commission on EDGAR. Any of these risks could cause MNP's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Except as required by applicable law, including the securities laws of the United States and Canada, MNP does not intend t

[AMOTE1]

http://finance.yahoo.com/news/mnp-petroleum-corp-stichting-vb-110000683.html

[AMOTE1]

MNP Petroleum-A Unique Small Cap Special Situation
08 Dec , 2014 Leave a comment Uncategorized

MNP Petroleum trading at 11 cents (US) is a very unique small cap oil company and it trades in Canada under the symbol MNP and in the US under MNAP. I am in the US and have been buying MNAP so I will address prices in US Dollars, increase approximately 10% for the Canadian equivalent if that’s your preferred market. This company was brought to my attention when I mentioned Petromanas Energy in the summer in my other newsletter. The M in MNP is “Manas” and Petromanas’ large project with Shell Oil in Albania was purchased from MNP. MNP has some quite large European/Asian oil/gas assets, still owns shares and has upside in Petromanas, has a very impressive management team/board of directors, and were just financed to the tune of $67 Million on EXTREMELY favorable terms by an institutional investor. The company has a recent corporate presentation you can scroll through to learn about their assets/company here.

Then, the big catalyst/lynchpin here just occurred via a binding agreement regarding the financing: http://finance.yahoo.com/news/mnp-petroleum-corp-enters-binding-111500894.html Stichting is investing $67 Million into MNP, $17MM of which is in equity at 15 and 20 cents (the stock is trading at 11-12 cents). Then, incredibly, they will be investing $50 Million in a convertible debenture at only 3% interest that will not be paid back in cash but by converting the $50 million into equity at 70 cents per share! Why have they done this? 3 reasons in my opinion: 1. MNP management cut a very shareholder friendly deal so I respect their negotiation abilities. 2. It speaks volumes to the value of MNP’s assets that the market simply has not reflected (this stock is undiscovered and not widely followed). 3. Last but not least is this statement below that was made upon the LOI of the agreement a couple of months ago:

- MNP and Vagobel are discussing the integration of Vagobel’s sister company, VBV International Pte. Ltd., into MNP. VBV holds in excess of $2-billion (U.S.) of assets

Stichting may be looking at this like a reverse takeover of sorts….a way to go public and put huge assets into the venture to boost the value. The bottom line is that this deal really got my attention and it will get much bigger investor’s attention as they start drilling and end up merging more large assets into the company. We very rarely see a $20MM market cap company get funded for 3.5 times their entire market cap, at a huge premium nonetheless!

So, MNP has significant oil/gas assets, a multi-billion dollar conglomerate as a close partner, and is very cashed up to grow this company. I think the relatively muted response to this blockbuster news is because of the recent action in oil/oil stocks has kept people on the sidelines. But, I can tell you what will happen here. Sometime by early-mid next year a large institutional investor will catch on and take the stock way up to take a position…..although, it should move higher in the meantime. But, this stock is also very undervalued/under followed and I think this will be a great short term and long term investment for BGL subscribers.

This is definitely still a speculative opportunity as we do not have very much information about the intentions of Vagobel/MNP. I am simply reading between the lines here and making a call as to what I sense is at least very ambitious plans. I have never spoken to MNP management nor anyone closely associated with the company. Sometimes I really like this objective view with small cap plays because I’m going strictly on what I’m seeing/reading. This is what happened with Zenyatta Ventures a couple of year ago. I made a recommendation based on my own way of conducting due diligence when I was intrigued by the graphite sector, then 6 months or so into that recommendation, I finally started to engage with management. In that case, it worked out exceptionally well when the stock moved from 18 cents in August 2012 to $5 per share in July 2013, a net 25 bagger.

MNP definitely has big upside potential. But, much will need to be revealed in terms of their business plan, execution thereof, and market affinity towards energy/oil and gas securities. Despite the recent bearish sentiment in oil, I feel that this has presented discounted investment opportunities and MNP is the type of story that could buck the sector trend if it proves to remain bearish for an extended period. If you have a longer term mindset, I think this stock can be a core small cap position that can be bought up to 14-15 cents US….aggressively. Even for trading you can buy up to 13 cents and likely sell in the .20’s early next year (shares are clearly trading above the 50 day moving average, which is bullish). My gut tells me this is going to be a 10-20 bagger in the next couple of years but I think it’s a layup that will double or triple from current prices. I strongly suggest consider taking a position and accumulation on any dips these next few weeks. This is a juicy one…Black Gold Letter is initiating a buy recommendation and 35 cent 12 month price target, which is a triple from current prices.

Importantly, be sure to su

[AMOTE1]

Black Gold Letter New Blog Report: MNP Petroleum -- A Unique Small Cap Special Situation
Marketwired
Black Gold Letter 4 minutes ago

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Related Quotes

MNP.V0.125+4.17%
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MNP Petroleum Corporation Watchlist
0.125+0.005(+4.17%)
CDNXFri, Dec 5, 2014 12:14 PM EST

10-Q for MNP Petroleum Corp.
Company Spotlight 16 days ago

More

CHICAGO, IL--(Marketwired - Dec 8, 2014) - The Black Gold Letter helps investors discover small cap energy growth stocks before the masses. In today's blog update we have focused on MNP Petroleum (TSX VENTURE: MNP) (OTCQB: MNAP).

The post can be read on our blog page: http://www.blackgoldletter.com/blog/

About Black Gold Letter
Black Gold Letter is an investment newsletter that focuses on oil stocks, small cap stocks, energy stocks, and investing in undiscovered companies. We isolate the most undervalued stocks to position ourselves and our subscribers. In today's blog update we have focused on MNP Petroleum (TSX VENTURE: MNP) (OTCQB: MNAP).

The editor of Black Gold Letter, Eric Muschinski, is President and CEO of Phenom Ventures, President of Investor Media Inc, and a Director with Equities.com.

[starkd748]

I expect 52 week highs over spring buyin more eoy

[AMOTE1]

your right maybe today .

[findit]

$MNAP surprised this one did not hit .15 min yesterday. That is the pps financing first phase. With up to .70 with the final phase. Folks will wake up. Just not yesterday.

[futrcash]

$67,000,000 Ain't no chump change!!

futr

[Zardiw]

DDAmanda® Chart on: $MNAP: Click on chart twice to see it better.



z

[findit]

$MNAP vol now 10 x avg. News out. .15 per share financing. http://www.mnppetroleum.com/website/index/news?id=105

[AMOTE1]

MNP Petroleum Corp. Enters into Binding Private Placement Agreement with Stichting VB Vagobel
Accesswire
18 minutes ago

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BAAR, SWITZERLAND / ACCESSWIRE / December 1, 2014 / MNP Petroleum Corp. ("MNP") (MNP.V) (MNAP), announces that it has entered into a definitive private placement agreement (the "Agreement") with Stichting VB Vagobel ("Vagobel"), a financial holding company from the Netherlands. The Agreement, which is dated November 29, 2014, provides for a staged private placement of equity and convertible debt for gross proceeds of up to US$ 67,000,000. This private placement was previously announced by MNP in a news release dated September 8, 2014.

Details:

Pursuant to the private placement agreement, Vagobel has agreed to purchase and MNP has agreed to sell to Vagobel:

(a) on December 19, 2014:

(i) 43,000,000 shares of common stock of MNP (the "Initial Shares") at a purchase price of US$0.15 per Initial Share for an aggregate purchase price of US$6,450,000, and

(ii) for no additional consideration, two non-transferable common share purchase warrants (the "Initial Warrants"). One of the Initial Warrants provides that Vagobel will purchase, on the fifth business day (the "Warrant Exercise Date") following the date upon which MNP’s shareholders approve the transactions contemplated in the private placement agreement ("Shareholder Approval"), an additional 23,717,633 MNP common shares at an exercise price of US$0.20 per share for aggregate proceeds of US$4,743,527. The other Initial Warrant provides that Vagobel will purchase, on the Warrant Exercise Date, an additional 5,771,130 MNP common shares at an exercise price of US$0.15 per share for aggregate proceeds of US$865,669. The Initial Warrants must be exercised on the fifth business day following Shareholder Approval;

(b) on the fifth business day following Shareholder Approval, Vagobel must exercise the Initial Warrants and purchase one non-transferable convertible debenture (the "First Debenture") in the amount of US$25,000,000 and one non-transferable common share purchase warrant (the "Interest Warrant") providing for the issuance of up to 7,142,857 MNP common shares at an exercise price of US$0.70 per share; and

(c) four months following Shareholder Approval, Vagobel must purchase a second non-transferable convertible debenture (the "Second Debenture") in the principal amount of US$25,000,000.

The purchase price for the First Debenture and the Interest Warrant will be US$25,000,000 and the purchase price for the Second Debenture will be US$25,000,000.

Each of the First Debenture and the Second Debenture (the "Debentures") will have a maturity date of five years from the date of issuance and the principal amount outstanding under each will earn simple interest at a rate of three percent (3%) per annum, payable annually. Principal can be repaid only by conversion into MNP common shares at a conversion price of US$0.70 per share. Two-thirds of interest due is to be paid in MNP common shares through exercise of the Interest Warrant and the balance of interest due is to be paid in cash.

The Initial Shares and all of the MNP common shares issued upon exercise of the Initial Warrants and the Interest Warrant and conversion of the Debentures are and will be subject to the resale restrictions imposed by applicable securities laws (including those of the United States and Canada). The Initial Warrants, the Interest Warrant and the Debentures are not transferable.

The Agreement gives Vagobel the right to nominate two members to the MNP Board of Directors on sale of the Initial Shares and the right to nominate a third member once it exercises the Initial Warrants and purchases the First Debenture. Vagobel has nominated Andre Swanepoel and Dr. Victor Bletterman to serve as its initial two nominees to the MNP Board of Directors and MNP will appoint these gentlemen to its Board on December 19, 2014. In addition, once it exercises the Initial Warrants and purchases the First Debenture, Vagobel will have the right to nominate three qualified persons to assist MNP's management team in roles to be agreed upon.

TSX Venture Exchange Conditional Acceptance and Stockholder Approval:

MNP has received conditional acceptance of this transaction from the TSX Venture Exchange (the "Exchange"). The Exchange has agreed to permit the sale of the Initial Shares and the Initial Warrants on December 19, 2014. However, because the exercise of the Initial Warrant and the Second Warrant would create a new "control person" (as defined in the policies of the Exchange), MNP must obtain stockholder approval of the transaction before Vagobel will be permitted to exercise the Initial Warrants or issue any of the Debentures and the Interest Warrant. Manas intends to seek shareholder approval of the transaction at a shareholder meeting to be called after December 19, 2014.

Finder's Fee

Pursuant to an agreement dated September 26, 2014 with Sidewinder Investment AG ("Sidewinder"), MNP has agreed to pay to Sidewinder a fee in cash in an amount equal to 2.5% of the gross proceeds received by MNP from Vagobel for support from Sidewinder in introducing, progressing and closing the private placement with Vagobel. Sidewinder will only earn and be entitled to receive the fee as and when those proceeds are received by MNP.

About MNP

MNP is an international oil and gas company with primary focus on exploration and development in Central Asia and Mongolia. In Tajikistan MNP owns 90% working interest in a Production Sharing Agreement covering the license areas Zapadnyi and Severo-Zapadnyi in the Soughd region through its wholly-owned subsidiary DWM Petroleum AG, and it has agreed to purchase a working interest in eight producing oilfields. In Mongolia, MNP owns 74% working interest in two Production Sharing Contracts covering Blocks XIII and XIV through its wholly-owned subsidiary DWM Petroleum AG.

About Vagobel

Stichting VB Vagobel is a company exploring international opportunities. It was founded in 1992 in The Netherlands as a financial holding company for real estate and other assets.

Vagobel is currently investing in companies in the upstream oil industry and is currently involved in opportunities in the Middle East and Africa. Through MNP Petroleum Vagobel intends to enhance its visibility in Central Asia. Through its sister company registered in Singapore, Vagobel holds equity in a maritime shipping consortium and intends to explore opportunities in the maritime bunkering industry. In the near future, Vagobel also intends to investigate opportunities in the alternative and bio energy industries.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. Forward-looking statements in this press release include those concerning the dates for completion of the various sales to be made pursuant to the Agreement, MNP Petroleum’s inte

[findit]

Nothing. .10 for 100 shares is meaningless. Still like this one but may be a while before the financing deal is appreciated.

[rifreede]

What's going on here this morning?

[findit]

News was not related to MNAP.

[AMOTE1]

[findit]

Need details of news today. Only have the headline - Mississauga-based accounting firm to merge with MNP-MNAP.pk. Anyone with access to this news please post. tia.

[AMOTE1]

MNP Petroleum Corp. and Stichting VB Vagobel Agree to Extend Closing of Private Placement Transaction
Accesswire
3 minutes ago

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BAAR, SWITZERLAND/ ACCESSWIRE / October 20, 2014 / MNP Petroleum Corp. ("MNP") (MNP.V) (MNAP), announces that it continues to work with Stichting VB Vagobel ("Vagobel") towards completion of the private placement described in the letter agreement dated September 1, 2014. Subject to completion of due diligence, the parties currently expect to complete the first tranche of the private placement by the end of November 2014.

About MNP

MNP is an international oil and gas company with primary focus on exploration and development in Central Asia and Mongolia. Through its 1.2% equity interest in Petromanas Energy Inc., a Canadian public company, MNP participates in exploration projects in Albania, France and Australia. In Tajikistan MNP owns 90% working interest in a Production Sharing Agreement covering the license areas Zapadnyi and Severo-Zapadnyi in the Soughd region through its wholly-owned subsidiary DWM Petroleum AG, and it has agreed to purchase a working interest eight producing oilfields. In Mongolia, MNP owns 74% working interest in two Production Sharing Contracts covering Blocks XIII and XIV through its wholly-owned subsidiary DWM Petroleum AG.

About Vagobel

Stichting VB Vagobel is a company exploring international opportunities. It was founded in 1992 in The Netherlands as a financial holding company for real estate and other assets.

Vagobel is currently investing in companies in the upstream oil industry and is currently involved in opportunities in the Middle East and Africa. Through MNP Petroleum Vagobel intends to enhance its visibility in Central Asia. Through its sister company registered in Singapore, Vagobel holds equity in a maritime shipping consortium and intends to explore opportunities in the maritime bunkering industry. In the near future, Vagobel also intends to investigate opportunities in the alternative and bio energy industries.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. Forward-looking statements in this press release include those concerning the timing of the anticipated completion of the private placement as well as those concerning Vagobel's intent to enhance its visibility in Central Asia through MNP Petroleum and its intent to explore opportunities in the maritime bunkering industry and the alternative and bio energy industries in the near future. While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect current judgment regarding the direction of MNP's business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this press release. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risk of unexpected delays arising from field conditions, MNP's ability to raise the necessary capital and other risks identified in MNP's periodic filings with the Securities and Exchange Commission on EDGAR. Any of these risks could cause MNP's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Except as required by applicable law, including the securities laws of the United States and Canada, MNP does not intend to update any of the forward-looking statements to conform these statements to actual results.

CONTACT:

[starkd748]

Nope lmao

[AMOTE1]

maybe news tomorrow

[findit]

$MNAP +18% to .142. Ask at .158. Bout time this one resumed the nice move from a few weeks ago.

[seriousonly]

I saw 6.50 price target I think much more

[diva63]

????

hot number - but who said that?

where did you hear that?

TIA - diva

[redwing992006]

YES

[seriousonly]

what do ya guys think is it going to happen

[seriousonly]

I heard it will be around 6.50 a share down the road I heard I think much higher well I hope

[futrcash]

Many Investors Watching closely...imo-

Definitive Agreement due no later than 15 October 2014

futr

[seriousonly]

PRAYING today is the big day after I buy more

[TrendVestor]

She's a sneaker.

[AMOTE1]

I think they are waiting on money . If that is true then any time between now
Vagobel has entered into a letter agreement with MNP for a total funding of up to US$ 67,000,000

- Definitive Agreement due no later than 15 October 2014

[seriousonly]

Anybody guess when they will start digging

[AMOTE1]

Agreement could be done less than two week.I think that will help the price .
This money will get the rehab started.

These fields are presently run-down due to the break-up of the Soviet Union when the disappearance of ongoing investment coupled with the lack of access to newer technology resulted in these fields not being maintained. In addition to the assets' rehabilitation potential for these fields, they have upside potential for additional development, exploration and appraisal.

Effective September 27, 2013, and subject to obtaining any regulatory approvals or consents DWM has opted to acquire 65% of the company that presently owns a majority interest in the Tajik operating company which holds the oilfield assets for an amount equivalent to USD 10.1 million dollars. This transaction is scheduled to be closed prior to year-end 2013. In addition, DWM is in actively in discussions with an investment group to provide the funding to acquire the remaining shares in the Tajik operating company as well as provide the necessary funding for the rehabilitation program.

In parallel, DWM's technical field studies are continuing with more than 300 wells being analyzed and an initial work program in development. Presently there are approximately 100 wells are ready for work-over operations

[futrcash]

MNP and Vagobel will immediately commence the effort to enter into a Definitive Agreement in respect of the transaction on or before September 30, 2014, but in no event later than October 15, 2014.

futr

[AMOTE1]

MNP Petroleum Corp. Agrees to US$ 67,000,000 Equity and Debt Investment with Stichting VB Vagobel
Accesswire
September 8, 2014 7:15 AM
BAAR, SWITZERLAND / ACCESSWIRE / September 8, 2014 / MNP Petroleum Corp. ("MNP") (TSX-V: MNP; OTCQB: MNAP) announces that it has entered into a letter agreement with Stichting VB Vagobel ("Vagobel"), a financial holding company under the laws of the Netherlands, providing for a staged private placement of equity and convertible debt for gross proceeds of up to US$ 67,000,000.

Highlights:

- Vagobel has entered into a letter agreement with MNP for a total funding of up to US$ 67,000,000

- Definitive Agreement due no later than 15 October 2014

- US$ 12,059,197 equity funding in two tranches:

- US$ 7,315,670 for 48,771,130 MNP shares at US$ 0.15

- Non-transferable warrant to purchase additional 23,717,633 MNP shares at an exercise price of US$ 0.20 for total of US$ 4,743,527

- Five year convertible loan of US$ 50,000,000 funded in two tranches:

- All principal debt converts at US$ 0.70 per share

- Debt carries simple interest of 3%, with 2% of that to be paid in 7,142,857 interest warrant with exercise price of US$ 0.70 for a total of US$ 5,000,000, and remaining 1% to be paid in cash

- Vagobel to appoint 3 new members to the MNP Board of Directors as well as 3 additional management members

Heinz Scholz, Executive Chairman of MNP, stated "we are delighted to welcome Vagobel to our team and we look forward to working with such a strong financial and strategic partner in our efforts to unlock the potential of our projects in Central Asia. The completion of this transaction will enable us to advance the development of our assets in Tajikistan. We anticipate being able to provide guidance on the specifics of our plans in this regard as soon as practicable after the closing of the transaction."

In addition to the private placement, MNP and Vagobel are discussing the integration of Vagobel's sister company, VBV International Pte Ltd (“VBV”) into MNP. VBV holds in excess of USD $2 billion of assets and will open the downstream market, through its investments and abilities for MNP.

Details of the Agreement:

In the first stage, Vagobel has agreed to purchase 48,771,130 MNP common shares (the "First Stage Shares") at a purchase price of US$ 0.15 per share (for an aggregate total of US$ 7,315,670) and one non-transferable share purchase warrant (the "Warrant"). The Warrant will provide that Vagobel will acquire an additional 23,717,633 MNP common shares at an exercise price of US$ 0.20 per share within five (5) business days after exercise of the Warrant is approved by the TSX Venture Exchange (the "Exchange"). Gross proceeds upon exercise of the Warrant will be approximately US$ 4,743,527.

The second stage, Vagobel consists of a five year non-transferable convertible loan to MNP in the amount of US$ 50,000,000, to be funded in two tranches of US$ 25,000,000. The letter agreement provides that the first tranche will be funded thirty calendar days after MNP receives shareholder approval and that the second tranche shall be funded six months after shareholder approval. Outstanding principal will bear simple interest at the rate of three (3%) percent per annum, with interest payable annually within 30 days after each funding anniversary. Two percent of the interest is to be paid through exercise of a share purchase warrant (the "Interest Warrant") providing for the purchase of up to an aggregate of up to 7,142,857 MNP common shares ("Interest Shares") at an exercise price of US$ 0.70 per Interest Share for a period coterminous with the Loan and the residual of one percent (1%) is to be paid by MNP in cash. The principal amounts outstanding under the loan will be convertible into MNP common shares at a conversion price of US$ 0.70. The right to purchase Interest Shares pursuant to the Interest Warrant will vest only as and when interest becomes payable under the Loan, with such number vesting on each vesting date as will be sufficient to pay two thirds of the interest due and payable on that vesting date.

MNP and Vagobel will immediately commence the effort to enter into a Definitive Agreement in respect of the transaction on or before September 30, 2014, but in no event later than October 15, 2014. The Definitive Agreement will provide for, among other things, customary and mutual indemnities, representations and warranties, covenants and conditions and shall be in form and substance satisfactory to both Vagobel and MNP, acting reasonably.

The obligations of both parties to complete each stage of the transaction is subject to, among other things, satisfactory due diligence investigations by both parties, the receipt of all required third party approvals including court, regulatory, Exchange and shareholder approvals (to the extent required by the Exchange) and the execution of a mutually satisfactory definitive agreement. The parties expect to close the sale of the First Stage Shares and the Warrant (the "First Stage Closing") by October 15, 2014, but they anticipate that the Exchange will require MNP shareholder approval prior to permitting exercise of the Warrant or the Interest Warrant or the conversion of any amounts outstanding under the loan.

Finally, the letter agreement provides that Vagobel will be permitted to nominate directors to MNP’s Board. At the First Stage Closing, MNP’s Board has agreed to create two new vacancies, increasing the number of directors from five to seven, and to appoint two Vagobel nominees to fill those vacancies. Once the transaction has been approved by the MNP shareholders and the Warrant has been exercised, MNP’s Board has agreed to increase the number of directors to create a third new vacancy, increasing the number of directors from seven to eight, and to appoint a third Vagobel nominee to the Board. Vagobel will also be given the right to nominate three qualified persons to assist MNP’s management team in roles to be agreed upon.

About MNP

MNP is an international oil and gas company with primary focus on exploration and development in Central Asia and Mongolia. Through its 1.2% equity interest in Petromanas Energy Inc., a Canadian public company, MNP participates in exploration projects in Albania, France and Australia. In Tajikistan MNP owns 90% working interest in a Production Sharing Agreement covering the license areas Zapadnyi and Severo-Zapadnyi in the Soughd region through its wholly-owned subsidiary DWM Petroleum AG, and it has agreed to purchase a working interest eight producing oilfields. In Mongolia, MNP owns 74% working interest in two Production Sharing Contracts covering Blocks XIII and XIV through its wholly-owned subsidiary DWM Petroleum AG.

About Vagobel

Stichting VB Vagobel is a company exploring international opportunities. It was founded in 1992 in The Netherlands as a financial holding company for real estate and other assets.

Vagobel is currently investing in companies in the upstream industry and are currently involved in opportunities in the Middle East and Africa. Through MNP Petroleum Vagobel will enlarge its visibility in Central Asia. Through its sister company registered in Singapore, the group holds equity in a maritime shipping consortium and will start exploring the maritime bunkering industry.

Vagobel will also in the near future investigate the opportunity to engage in the alternative and bio energy industry.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. Forward-looking statements in this press release include statements about the private placement of equity and convertible debt for gross proceeds of up to US$ 67 million by Vagobel, the operations update by MNP as well as on going discussions integrating Vagobel’s sister company VBV into MNP. While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect current judgment regarding the direction of MNP’s business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this press release. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risk of unexpected delays arising from field conditions, MNP’s ability to raise the necessary capital and other risks identified in MNP’s periodic filings with the Securities and Exchange Commission on EDGAR. Any of these risks could cause MNP’s or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Except as required by applicable law, including the securities laws of the United States and Canada, MNP does not intend to update any of the forward-looking statements to conform these statements to actual

[MakinBank]

whats the news? why is this going up?

[findit]

$MNAP vol with the nice move. So far $116,000.00 traded. Think this will be in play for a while as future higher pps financing allotments take place.

[findit]

$MNAP finally the follow through from last weeks news of good financing pkg. 1st allotment will get lenders shares at .15. Now .155 +15%. last allotment will cost them .70. More play in this one.

[redwing992006]

not a lot of interest on this message board. this is the type of stock that could go to ten dollars / share rapidly ... glsd I am here

[seriousonly]

I think this will be long and HUGE

[Sam'd'Mil]

#Smart~ $MNAP .13z Awesome News + 8-K... I'll be adding here rest of week!!!
This one could be $1+ by EoY!!!

[Roy London]

grabbed some of this on the weekly charge for the 200 day target

[redwing992006]

Perhaps much longer as plans to drill are announced

[findit]

$MNAP vol now at 3 million. Record Vol. 15 x avg. Now at .1298 +76%. More to go. This will be in play for around a month.

[stocktrademan]

$MNAP DD Notes ~ http://www.ddnotesmaker.com/MNAP

bullish

$MNAP recent news/filings

## source: finance.yahoo.com

Mon, 08 Sep 2014 11:15:00 GMT ~ MNP Petroleum Corp. Agrees to US$ 67,000,000 Equity and Debt Investment with Stichting VB Vagobel

[Accesswire] - BAAR, SWITZERLAND / ACCESSWIRE / September 8, 2014 / MNP Petroleum Corp. (" MNP" ) (TSX-V: MNP; OTCQB: MNAP) announces that it has entered into a letter agreement with Stichting VB Vagobel (" ...

read full: http://finance.yahoo.com/news/mnp-petroleum-corp-agrees-us-111500023.html
*********************************************************

Wed, 20 Aug 2014 17:04:14 GMT ~ MNP PETROLEUM CORP Financials


read full: http://finance.yahoo.com/q/is?s=mnap
*********************************************************

Wed, 20 Aug 2014 10:15:00 GMT ~ MNP Petroleum Corp. Retains Investor Relations Consultant

[Accesswire] - BAAR, SWITZERLAND / ACCESSWIRE / August 20, 2014 / MNP Petroleum Corp. ("MNP") (TSX-V: MNP) (OTCQB: MNAP) announces that it has retained J. Streicher Capital LLC (“Streicher”), a New York based ...

read full: http://finance.yahoo.com/news/mnp-petroleum-corp-retains-investor-101500619.html
*********************************************************

Wed, 20 Aug 2014 10:04:24 GMT ~ MNP PETROLEUM CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securi


read full: http://biz.yahoo.com/e/140820/mnap8-k.html
*********************************************************

Thu, 14 Aug 2014 11:07:06 GMT ~ Q2 2014 MNP Petroleum Corp Earnings Release - Time Not Supplied


read full: http://biz.yahoo.com/research/earncal/20140814.html?t=mnap
*********************************************************


$MNAP charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$MNAP company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/MNAP/company-info
Ticker: $MNAP
OTC Market Place: OTCQB
CIK code: 0001074447
Company name: MNP Petroleum Corporation
Company website: http://www.mnppetroleum.com/
Incorporated In: NV, USA

Business Description: MNP Petroleum Corp. is a petroleum exploration company, that has begun the process of transforming itself into a petroleum exploration and production company.


$MNAP share structure

## source: otcmarkets.com

Market Value: $12,754,570 a/o Sep 05, 2014
Shares Outstanding: 172,592,292 a/o May 23, 2014
Float: Not Available
Authorized Shares: 600,000,000 a/o Nov 01, 2012
Par Value: 0.001
$MNAP extra dd links

Company name: MNP Petroleum Corporation
Company website: http://www.mnppetroleum.com/

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=MNAP+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=MNAP+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=MNAP+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/MNAP/news - http://finance.yahoo.com/q/h?s=MNAP+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/MNAP/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/MNAP/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=MNAP+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/MNAP
DTCC (dtcc.com): http://search2.dtcc.com/?q=MNP+Petroleum+Corporation&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=MNP+Petroleum+Corporation
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=MNP+Petroleum+Corporation&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.mnppetroleum.com/
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.mnppetroleum.com/#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.mnppetroleum.com/

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/MNAP
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001074447&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/MNAP/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/MNAP/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=MNAP&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=MNAP
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/MNAP/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=MNAP+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=MNAP+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=MNAP
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=MNAP
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=MNAP+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/MNAP/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=MNAP+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/MNAP.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=MNAP
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/MNAP/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/MNAP/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/MNAP
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/MNAP
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/MNAP:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=MNAP
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=MNAP



$MNAP DD Notes ~ http://www.ddnotesmaker.com/MNAP

[redwing992006]

Great !!! Glad I waited for a couple years - seems like it will be worth the wait

[AMOTE1]

Thanks

. Sounds like a good deal. Sister company to become part of manas and has $2 Billion in assets.

[findit]

Here is another source - http://www.news10.com/story/26472925/mnp-petroleum-corp-agrees-to-us-67000000-equity-and-debt-investment-with-stichting-vb-vagobel

[AMOTE1]

The market like it. But the only place i found with the news is yahoo. Mike

[findit]

Looks promising - Details of the Agreement:

In the first stage, Vagobel has agreed to purchase 48,771,130 MNP common shares (the “First Stage Shares“) at a purchase price of US$ 0.15 per share (for an aggregate total of US$ 7,315,670) and one non-transferable share purchase warrant (the “Warrant“). The Warrant will provide that Vagobel will acquire an additional 23,717,633 MNP common shares at an exercise price of US$ 0.20 per share within five (5) business days after exercise of the Warrant is approved by the TSX Venture Exchange (the “Exchange“). Gross proceeds upon exercise of the Warrant will be approximately US$ 4,743,527.

The second stage, Vagobel consists of a five year non-transferable convertible loan to MNP in the amount of US$ 50,000,000, to be funded in two tranches of US$ 25,000,000. The letter agreement provides that the first tranche will be funded thirty calendar days after MNP receives shareholder approval and that the second tranche shall be funded six months after shareholder approval. Outstanding principal will bear simple interest at the rate of three (3%) percent per annum, with interest payable annually within 30 days after each funding anniversary. Two percent of the interest is to be paid through exercise of a share purchase warrant (the “Interest Warrant“) providing for the purchase of up to an aggregate of up to 7,142,857 MNP common shares (“Interest Shares“) at an exercise price of US$ 0.70 per Interest Share for a period coterminous with the Loan and the residual of one percent (1%) is to be paid by MNP in cash. The principal amounts outstanding under the loan will be convertible into MNP common shares at a conversion price of US$ 0.70. The right to purchase Interest Shares pursuant to the Interest Warrant will vest only as and when interest becomes payable under the Loan, with such number vesting on each vesting date as will be sufficient to pay two thirds of the interest due and payable on that vesting date.

MNP and Vagobel will immediately commence the effort to enter into a Definitive Agreement in respect of the transaction on or before September 30, 2014, but in no event later than October 15, 2014. The Definitive Agreement will provide for, among other things, customary and mutual indemnities, representations and warranties, covenants and conditions and shall be in form and substance satisfactory to both Vagobel and MNP, acting reasonably.

[AMOTE1]

MNAP
MNP Petroleum Corp. Agrees to US$ 67,000,000 Equity and Debt Investment with Stichting VB Vagobel at Accesswire Mon 7:15am

[gap5473]

:)