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Thanks Truenorth2016...good to know.
UF; You pretty much nailed it bud. I've been in this since May 2011...added quite a bit in 2015...eventually this will be bought out...IMO
Halted...Pending news
Ditto to literally everything in your post.
Hopefully we benefit from that exchange rate in the future...
GL
Madalena shareholder Maglan holds 14.81% of shares
2015-07-31 06:40 MT - News Release
An anonymous representative of Maglan Capital reports
MAGLAN CAPITAL DISCLOSES ITS POSITION IN MADALENA ENERGY INC.
During the period of Feb. 11, 2015, to March 4, 2015, Maglan Capital LP, on behalf of Maglan Distressed Master Fund LP and certain managed accounts for which it has discretionary trading authority, acquired beneficial ownership of 10,866,900 common shares of Madalena Energy Inc., representing approximately 2.01 per cent of the then issued and outstanding common shares, on a partially diluted basis, of Madalena. After giving effect to the acquisition of the acquired shares, Maglan Capital controlled and directed 68,766,900 common shares of Madalena, representing approximately 12.74 per cent of the issued and outstanding common shares, on a partially diluted basis, of Madalena.
During the period of March 7, 2015, to July 30, 2015, Maglan Capital on behalf of Maglan fund and certain managed accounts for which it has discretionary trading authority acquired beneficial ownership of an additional 11,162,600 common shares of Madalena, representing approximately 2.07 per cent of the issued and outstanding common shares, on a partially diluted basis, of Madalena. After giving effect to the acquisition of the additional acquired shares, Maglan Capital controls and directs 79,929,500 common shares of Madalena, representing approximately 14.81 per cent of the issued and outstanding common shares, on a partially diluted basis, of Madalena.
The acquisition of the additional acquired shares occurred through the facilities of the TSX Venture Exchange at a price per additional acquired share of between 31 cents and 41 cents. The additional acquired shares were acquired for investment purposes. Maglan may dispose of its holdings or acquire ownership of, or control or direction over, additional securities of Madalena, depending on market conditions and in compliance with applicable law.
The issuance of this news release is not an admission that an entity named in this news release owns or controls any described securities or is a joint actor with another named entity.
Maglan Capital is located at 25 West 39th St., New York, N.Y., 10018, United States.
© 2015 Canjex Publishing Ltd. All rights reserved.
Heard the same thing. Loma Montosa/Puesto Morales...100% owned and bought from Gran Tierra last summer...All is good...
Great News...GLTA
Madalena announces 860 boe/d Loma Montosa horizontal well test at Puesto Morales and 590 boe/d Sierras Blancas well at Coiron Amargo
http://finance.yahoo.com/news/madalena-announces-860-boe-d-113000301.html
LJ..Atlanta still to come..
Baltimore is never mentioned in the usual blurb...so maybe it has a different status??? No contractual agreement??? I don't know
About Southern Home Medical, Inc.:
Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals and medical equipment to support hospitals, rehab centers, nursing homes and other medical facilities providing RN's, LPN's, CNA's, RT's, Billing Specialist, Customer Service Specialist. With contractual agreements in Columbia, Greenville, Charleston, Florence, Myrtle Beach, South Carolina; Nashville and Murfreesboro, Tennessee; Atlanta, Georgia. SHOM continues to leverage the success of these business areas to expand sales opportunities in other areas with health, medical and equipment needs.
Last three PR's...
LYMAN, SC, United States, via ETELIGIS INC., 08/20/2014 - - Southern Home Medical, Inc. (OTC Pink: SHOM) (PINKSHEETS: SHOM), is pleased to announce the Company has completed the purchase of Encore Medical Staffing franchisee markets of Florence, Columbia, and Charleston, South Carolina; Nashville and Murfreesboro, Tennessee. The buyback of these offices is a critical stage in expansion of our product mix and corporate revenues. These acquisitions will boost operations, marketing, HR compliance, revenues, cash management and budgeting.
...
LYMAN, SC, United States, via ETELIGIS INC., 09/23/2014 - - Southern Home Medical, Inc. (OTC Pink: SHOM)(PINKSHEETS: SHOM), is pleased to announce the Companies persistence to buyback Encore Medical Staffing franchisee markets. The Dallas, Texas; Lake Hartwell and Myrtle Beach, South Carolina markets have been completed.
...
GREER, SC--(Marketwired - Mar 18, 2015) - Southern Home Medical, Inc. (OTC PINK: SHOM), a holding company providing healthcare services, staffing and medical equipment to medical institutions and facilities announced today that it completed the acquisition purchase of the Greenville/Spartanburg, SC franchisee market.
Axel...I'd have to agree with your comments...was thinking the same yesterday. Looks like anyone interested is guaranteed 0.0012
So, am I right when I say just Atlanta is left to be acquired?
Southern Home Medical Closes Acquisition Purchase
Southern Home Medical, Inc. Closes Acquisition of Franchisee Market
GREER, SC--(Marketwired - Mar 18, 2015) - Southern Home Medical, Inc. (OTC PINK: SHOM), a holding company providing healthcare services, staffing and medical equipment to medical institutions and facilities announced today that it completed the acquisition purchase of the Greenville/Spartanburg, SC franchisee market.
"We are very excited to have closed on this particular transaction," says Jeffrey L Sarvis, President& CEO of Southern Home Medical, Inc. "This has created increased market penetration and expanded our revenue base."
This acquisition alone should increase Encore division revenues 500K and make a substantial increase in 1st quarter 2015 profits vs. 1st quarter 2014.
We expect profits to be up close to 40K in first quarter of 2015 vs. LY.
About Southern Home Medical, Inc.:
Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals and medical equipment to support hospitals, rehab centers, nursing homes and other medical facilities providing RN's, LPN's, CNA's, RT's, Billing Specialist, Customer Service Specialist. With contractual agreements in Columbia, Greenville, Charleston, Florence, Myrtle Beach, South Carolina; Nashville and Murfreesboro, Tennessee; Atlanta, Georgia. SHOM continues to leverage the success of these business areas to expand sales opportunities in other areas with health, medical and equipment needs.
Websites:
www.southernhomemedical.com
http://twitter.com/#!/southernhomemed
http://www.facebook.com/southernhomemedical
www.encoremedicalstaffing.com
www.apnearx.net
www.backgroundconsent.com
Forward Looking Statement:
The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in the document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may" "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
Email Contact:
Southern Home Medical, Inc
corporate@southernhomemedical.com
864-655-5902
Source: Marketwired (Mar 18, 2015 09:00:52 EDT)
News by QuoteMedia
www.quotemedia.com
Thanks...
Good post....Do you have a link to this?... Thanks
Madalena holder Maglan now controls 12.74% of shares
2015-03-05 10:21 MT - News Release
An anonymous director of Maglan reports
MAGLAN CAPITAL DISCLOSES ITS POSITION IN MADALENA ENERGY INC.
On Jan. 30, 2015, Maglan Capital LP, on behalf of Maglan Distressed Master Fund LP and certain managed accounts for which it has discretionary trading authority, acquired beneficial ownership of 4,092,500 common shares of Madalena Energy Inc., representing approximately 0.8 per cent of the then issued and outstanding common shares, on a partially diluted basis, of Madalena. After giving effect to the acquisition of the acquired shares, Maglan Capital controlled and directed 57.9 million common shares of Madalena, representing approximately 10.73 per cent of the then issued and outstanding common shares, on a partially diluted basis, of Madalena.
During the period of February 11, 2015 to March 4, 2015, Maglan Capital on behalf of Maglan Fund and certain managed accounts for which it has discretionary trading authority acquired beneficial ownership of an additional 10,866,900 common shares ("Additional Acquired Shares") of Madalena, representing approximately 2.01% of the issued and outstanding common shares, on a partially diluted basis, of Madalena. After giving effect to the acquisition of the Additional Acquired Shares, Maglan Capital controls and directs 68,766,900 common shares of Madalena, representing approximately 12.74% of the issued and outstanding common shares, on a partially diluted basis, of Madalena.
The acquisition of the Additional Acquired Shares occurred through the facilities of the TSX-V at a price per Additional Acquired Share of between Cdn$0.275 and Cdn$0.41. The Additional Acquired Shares were acquired for investment purposes. Maglan may dispose of its holdings or acquire ownership of, or control or direction over, additional securities of Madalena, depending on market conditions and in compliance with applicable law.
The issuance of this news release is not an admission that an entity named in this news release owns or controls any described securities or is a joint actor with another named entity.
Maglan Capital is located at 25 West 39th Street, New York, NY 10018, USA.
© 2015 Canjex Publishing Ltd. All rights reserved.
Thanks RW
I`ve got them at 12.34% Not written in stone... 66,613,400 of 539,782,268 OS from Sedi.ca
Looks like we're in Breakout mode at the moment :)
You're welcome...they added yesterday also
Does anyone think Jeff is buying back franchises to sell SHOM? Apologies if that's been asked...
Southern Home Medical, Inc. Has Profitable Quarter and New Look
Southern Home Medical Equipment Engages Waterford Holdings GREER, SC, United States, via ETELIGIS INC., 12/10/2014 - - Southern Home Medical, Inc. (OTC Pink: SHOM) (PINKSHEETS: SHOM), is pleased to announce a profitable 3rd quarter. Profits up $34,322 over LQ.
Jeffrey L Sarvis, President & CEO of Southern Home Medical states, We are very pleased with the results in the 3rd quarter. This past year, we implemented an infrastructure that rivals the changes in the health care marketplace. This will favor a much more consistent and productive operation pushing forward. We have worked hard to focus a significant portion of our time and effort on the further growth that lies ahead.
The corporate office is now headquartered with a central Downtown Greer, South Carolina location. This NEW LOOK and visibility will keep the name of ALL our concepts in the public eye each day.
About Southern Home Medical, Inc.:
Southern Home Medical, Inc. is a Holding Company with a focus on servicing the needs of the Healthcare Industry. The Company has quality health care professionals and medical equipment to support hospitals, rehab centers, nursing homes and other medical facilities providing RNs, LPNs, CNAs, RTs, Billing Specialist, Customer Service Specialist. With contractual agreements in Columbia, Greenville, Florence Myrtle Beach, South Carolina; Nashville and Murfreesboro, Tennessee; Atlanta, Georgia. Southern Home Medical will leverage the success of these business areas to expand sales opportunities in other areas with health, medical and equipment needs.
Websites:
www.southernhomemedical.com
http://twitter.com/#!/southernhomemed
http://www.facebook.com/southernhomemedical
www.encoremedicalstaffing.com
www.apnearx.net
www.backgroundconsent.com
Forward Looking Statement:
The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may" "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
CONTACT:
Brittany Toole
Director
Southern Home Medical
864-661-1059
corporate@southernhomemedical.com
SOURCE: Southern Home Medical, Inc.
Source: eTeligis (Dec 10, 2014 09:20:00 EST)
News by QuoteMedia
www.quotemedia.com
Hey..Happy Thanksgiving guys...
Took your Thanksgiving day off 1973 to watch "The Juice" break 2000 yards...haha
Beacon Securities link...thanks to BB_1 on the SH board
https://app.box.com/s/s4icz69x3zgdjms8vvtm
Thanks for this RW...
Not sure of any Hedge funds, but....here's a link...
http://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=mvn-V&country=CA
BG...Here's yesterday's top 100 trades sorted by volume...don't see that either unless you go through and add them by time...
Trades for C:MVN on 20140805 - 100 trades displayed
Time ET Ex Price Change Volume Buyer Seller Markers
09:43:08 V 0.43 -0.02 128,000 79 CIBC 124 Questrade K
09:36:12 V 0.43 -0.02 60,000 9 BMO Nesbitt 124 Questrade K
15:22:44 V 0.40 -0.05 60,000 1 Anonymous 143 Pershing K
15:05:15 V 0.41 -0.04 50,000 79 CIBC 143 Pershing K
15:05:15 V 0.40 -0.05 50,000 62 Haywood 143 Pershing K
15:48:33 V 0.405 -0.045 48,500 1 Anonymous 1 Anonymous K
12:37:51 V 0.42 -0.03 47,500 62 Haywood 1 Anonymous K
15:18:32 V 0.40 -0.05 40,000 9 BMO Nesbitt 143 Pershing K
09:36:43 V 0.425 -0.025 30,000 87 Beacon 1 Anonymous K
09:33:25 V 0.435 -0.015 25,000 1 Anonymous 1 Anonymous K
14:18:00 V 0.415 -0.035 25,000 1 Anonymous 33 Canaccord K
15:05:15 V 0.41 -0.04 25,000 7 TD Sec 143 Pershing K
15:05:15 V 0.40 -0.05 25,000 79 CIBC 143 Pershing K
15:30:33 V 0.40 -0.05 24,000 9 BMO Nesbitt 1 Anonymous K
15:27:36 V 0.40 -0.05 21,500 87 Beacon 79 CIBC K
15:32:49 V 0.40 -0.05 21,000 1 Anonymous 85 Scotia K
15:45:17 V 0.41 -0.04 21,000 1 Anonymous 7 TD Sec K
09:36:12 V 0.43 -0.02 20,000 33 Canaccord 124 Questrade K
10:11:05 V 0.425 -0.025 20,000 7 TD Sec 62 Haywood K
11:35:31 V 0.43 -0.02 20,000 87 Beacon 1 Anonymous K
15:05:19 V 0.38 -0.07 20,000 2 RBC 68 Leede K
15:05:27 V 0.38 -0.07 20,000 99 Jitney 7 TD Sec K
09:43:14 V 0.43 -0.02 18,500 13 Instinet 124 Questrade K
15:18:32 V 0.40 -0.05 18,000 79 CIBC 143 Pershing K
14:03:13 V 0.42 -0.03 17,500 79 CIBC 1 Anonymous K
15:05:15 V 0.41 -0.04 17,500 2 RBC 143 Pershing K
09:43:08 V 0.43 -0.02 17,000 79 CIBC 79 CIBC K
09:43:14 V 0.425 -0.025 17,000 79 CIBC 1 Anonymous K
09:43:14 V 0.43 -0.02 17,000 13 Instinet 79 CIBC K
09:54:36 V 0.425 -0.025 17,000 79 CIBC 53 Morgan Stanley K
15:05:15 V 0.405 -0.045 17,000 7 TD Sec 143 Pershing K
15:05:15 V 0.40 -0.05 17,000 74 GMP 143 Pershing K
15:18:32 V 0.405 -0.045 17,000 2 RBC 143 Pershing K
15:27:36 V 0.40 -0.05 17,000 79 CIBC 79 CIBC K
15:38:29 V 0.40 -0.05 16,500 79 CIBC 85 Scotia K
09:36:12 V 0.43 -0.02 15,500 79 CIBC 124 Questrade K
11:35:31 V 0.43 -0.02 15,500 79 CIBC 1 Anonymous K
13:46:35 V 0.425 -0.025 15,500 2 RBC 79 CIBC K
15:19:26 V 0.395 -0.055 15,000 124 Questrade 1 Anonymous K
15:46:37 V 0.415 -0.035 15,000 1 Anonymous 79 CIBC K
15:46:39 V 0.415 -0.035 15,000 85 Scotia 79 CIBC K
15:56:47 V 0.415 -0.035 15,000 33 Canaccord 79 CIBC K
12:00:42 V 0.43 -0.02 14,000 79 CIBC 79 CIBC K
15:28:08 V 0.405 -0.045 13,500 85 Scotia 2 RBC K
15:36:52 V 0.405 -0.045 13,500 1 Anonymous 79 CIBC K
13:46:35 V 0.425 -0.025 13,000 2 RBC 2 RBC K
14:18:00 V 0.415 -0.035 12,500 79 CIBC 33 Canaccord K
09:36:12 V 0.43 -0.02 11,500 79 CIBC 124 Questrade K
11:51:10 V 0.425 -0.025 11,000 79 CIBC 7 TD Sec K
09:36:43 V 0.42 -0.03 10,000 44 Jones Gable 1 Anonymous K
10:25:19 V 0.43 -0.02 10,000 1 Anonymous 79 CIBC K
10:25:28 V 0.43 -0.02 10,000 1 Anonymous 73 Cormark K
11:51:10 V 0.425 -0.025 10,000 2 RBC 7 TD Sec K
13:54:09 V 0.425 -0.025 10,000 2 RBC 1 Anonymous K
15:00:36 V 0.415 -0.035 10,000 2 RBC 1 Anonymous K
15:05:15 V 0.405 -0.045 10,000 7 TD Sec 143 Pershing K
15:05:18 V 0.39 -0.06 10,000 7 TD Sec 68 Leede K
15:05:28 V 0.38 -0.07 10,000 1 Anonymous 7 TD Sec K
15:16:19 V 0.40 -0.05 10,000 9 BMO Nesbitt 99 Jitney K
15:30:33 V 0.40 -0.05 10,000 44 Jones Gable 1 Anonymous K
15:30:39 V 0.40 -0.05 10,000 1 Anonymous 1 Anonymous K
15:32:35 V 0.40 -0.05 10,000 1 Anonymous 7 TD Sec K
15:32:43 V 0.40 -0.05 10,000 1 Anonymous 7 TD Sec K
15:42:41 V 0.41 -0.04 10,000 1 Anonymous 79 CIBC K
15:44:14 V 0.41 -0.04 10,000 1 Anonymous 33 Canaccord K
15:45:17 V 0.41 -0.04 10,000 1 Anonymous 7 TD Sec K
15:56:47 V 0.415 -0.035 10,000 33 Canaccord 2 RBC K
09:54:35 V 0.43 -0.02 9,500 2 RBC 53 Morgan Stanley K
10:51:06 A 0.435 -0.015 9,000 1 Anonymous 1 Anonymous WK
15:32:29 V 0.40 -0.05 9,000 7 TD Sec 33 Canaccord K
15:46:39 V 0.42 -0.03 9,000 85 Scotia 2 RBC K
15:41:48 V 0.41 -0.04 8,500 1 Anonymous 87 Beacon K
09:43:14 V 0.425 -0.025 8,000 79 CIBC 1 Anonymous K
15:05:15 V 0.41 -0.04 8,000 7 TD Sec 143 Pershing K
15:05:29 V 0.38 -0.07 8,000 1 Anonymous 7 TD Sec K
09:43:14 V 0.425 -0.025 7,500 79 CIBC 1 Anonymous K
15:05:19 V 0.38 -0.07 7,500 7 TD Sec 68 Leede K
15:10:31 V 0.395 -0.055 7,500 1 Anonymous 1 Anonymous K
09:47:49 X 0.43 -0.02 7,000 13 Instinet 58 Qtrade K
14:03:13 V 0.42 -0.03 7,000 33 Canaccord 1 Anonymous K
14:18:00 V 0.415 -0.035 7,000 2 RBC 33 Canaccord K
15:41:05 V 0.405 -0.045 7,000 2 RBC 1 Anonymous K
09:54:36 V 0.425 -0.025 6,500 87 Beacon 53 Morgan Stanley K
10:25:13 V 0.43 -0.02 6,500 1 Anonymous 1 Anonymous K
11:35:31 E 0.43 -0.02 6,000 1 Anonymous 1 Anonymous K
14:00:45 V 0.42 -0.03 6,000 124 Questrade 90 Barclays K
15:05:23 V 0.38 -0.07 6,000 1 Anonymous 7 TD Sec K
15:05:29 V 0.38 -0.07 6,000 1 Anonymous 7 TD Sec K
15:30:39 V 0.40 -0.05 6,000 1 Anonymous 1 Anonymous K
09:36:43 V 0.425 -0.025 5,000 7 TD Sec 1 Anonymous K
09:43:14 V 0.425 -0.025 5,000 1 Anonymous 1 Anonymous K
09:54:36 V 0.425 -0.025 5,000 1 Anonymous 53 Morgan Stanley K
11:51:10 V 0.425 -0.025 5,000 79 CIBC 7 TD Sec K
14:54:45 V 0.42 -0.03 5,000 2 RBC 1 Anonymous K
15:05:15 V 0.405 -0.045 5,000 9 BMO Nesbitt 143 Pershing K
15:05:27 V 0.38 -0.07 5,000 1 Anonymous 7 TD Sec K
15:05:28 V 0.38 -0.07 5,000 1 Anonymous 7 TD Sec K
15:05:28 V 0.38 -0.07 5,000 1 Anonymous 7 TD Sec K
15:05:33 V 0.39 -0.06 5,000 1 Anonymous 1 Anonymous K
15:05:47 V 0.39 -0.06 5,000 85 Scotia 1 Anonymous K
He's different alright...:)
Nice catch RW...looks like Putin starts on July 11th...Cuba-Argentina-Brazil
Thanks for this RW
Thanks BG...I see that now...
Hi guys...I haven't spent much time on Edgar so what does this $34.6mil represent? I'm guessing it has something to do with the recent financing.
OR is it something else??
Thanks in Advance...
https://www.sec.gov/Archives/edgar/data/1382498/000114036114027853/xslFormDX01/primary_doc.xml
From...
https://www.sec.gov/Archives/edgar/data/1382498/000114036114027853/xslFormDX01/primary_doc.xml
Madalena Announces Closing in Full of Over-Allotment Option
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
TSXV Trading Symbol: MVN
OTC Trading Symbol: MDLNF
CALGARY, July 7, 2014 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce that it has closed the over-allotment option (the "Over-Allotment Option") in full for its previously announced bought deal, short form prospectus offering (the "Offering"). Pursuant to the Over-Allotment Option, Madalena issued 14,715,000 common shares of the Company ("Common Shares") at a price of $0.51 per Common Share for gross proceeds of $7,504,650. The total gross proceeds under the Offering were $57,535,650.
The syndicate of underwriters for the Offering was led by Dundee Securities Ltd. and included RBC Capital Markets, Haywood Securities Inc., Beacon Securities Limited, National Bank Financial Inc., FirstEnergy Capital Corp., Mackie Research Capital Corporation, TD Securities Inc., Canaccord Genuity Corp., Jennings Capital Inc. and Raymond James Ltd.
As previously announced, the Company used the net proceeds from the Offering to fund the remaining cash component for the acquisition of the Argentinean business unit of Gran Tierra Energy Inc. and for general corporate and working capital purposes.
About Madalena - International and Domestic Assets (Pre-Acquisition)
Madalena is an independent, Canadian-based, international and domestic upstream oil and gas company whose main business activities include exploration, development and production of crude oil, natural gas liquids and natural gas.
Internationally, Madalena holds three large blocks within the Neuquén basin in Argentina where it is focused on the delineation of large petroleum in-place shale and unconventional resources in the Vaca Muerta and Lower Agrio shales, in addition to multiple tight sand plays. The Company is also implementing horizontal drilling and completions technology to high impact international plays and is currently focused on a conventional oil play in the Sierras Blancas formation. Madalena holds approximately 132,200 net acres on the Coiron Amargo (34,950 net acres), Curamhuele (50,600 net acres) and Cortadera (46,650 net acres) blocks.
Domestically, Madalena's core area of operations is located in the Greater Paddle River area of west-central Alberta where the Company holds approximately 195 gross (153 net) sections of land (approximately 78% average W.I.) encompassing light oil and liquids-rich gas resource plays. Madalena's primary domestic focus is to exploit its large inventory of horizontal drilling locations on its Ostracod oil and emerging oil & liquids-rich gas resource plays.
Madalena trades on the TSX Venture Exchange under the symbol MVN. Basic corporate information, recent news releases and regularly updated corporate presentations are available on the Company's website at www.madalenaenergy.com
Reader Advisories
Forward Looking Information
The information in this news release contains certain forward-looking statements. These statements relate to future events or our future performance, in particular, but not limited to the Company's use of proceeds from the Offering. Statements relating to "reserves" are also deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves described exist in the quantities predicted or estimated and that the reserves can be profitably produced in the future. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions. In particular, this news release contains forward-looking statements pertaining to operational activities to be conducted by the Company. These statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control, including: the impact of general economic conditions; industry conditions; changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced; fluctuations in commodity prices and foreign exchange and interest rates; stock market volatility and market valuations; volatility in market prices for oil and natural gas; liabilities inherent in oil and natural gas operations; uncertainties associated with estimating oil and natural gas reserves; competition for, among other things, capital, acquisitions, of reserves, undeveloped lands and skilled personnel; incorrect assessments of the value of acquisitions; changes in income tax laws or changes in tax laws and incentive programs relating to the oil and gas industry; geological, technical, drilling and processing problems and other difficulties in producing petroleum reserves; and obtaining required approvals of regulatory authorities. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, such forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do, what benefits the Company will derive from them. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The forward-looking statements in this news release are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements. Investors are encouraged to review and consider the additional risk factors set forth in the Company's Annual Information Form, which is available on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
THE SECURITIES OFFERED HAVE NOT BEEN 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 AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL.
SOURCE Madalena Energy Inc.
Kevin Shaw, P.Eng, MBA
President and Chief Executive Officer
Madalena Energy Inc.
Phone: (403) 262-1901 (Ext. 230)
kdshaw@madalenaenergy.com
Thomas Love, CA
VP, Finance and Chief Financial Officer,
Madalena Energy Inc.
Phone: (403) 262-1901 (Ext. 227)
tlove@madalenaenergy.com
Copyright CNW Group 2014
Source: Canada Newswire (Jul 7, 2014 08:39:00 EDT)
News by QuoteMedia
www.quotemedia.com
New Presentation...apologies is already posted...
http://www.madalena-ventures.com/download/MVN-GTE%20Presentation%20-June%202014.pdf
Here's some links
Not sure if the "subscription receipts" will show up anywhere...but a NR will probably inform us that they were picked up...
In Canada a lot of things don't become public unless the holder is an insider...10% of OS or more
Quick link to recent insider filings...
http://www.canadianinsider.com/node/7?ticker=mvn
If you want to see another Canadian Company...just change the last three letters (Ticker)...
For a reasonably accurate idea of who holds what go to...
https://www.sedi.ca/sedi/SVTIIBIselectIssuer
Change issuer name to issuer number and key in 00017647
Change date to whatever...I used Jan 01 2006
Hit search...a new page comes up...pick "view" in blue letters...
Here's a link for Halts...
http://micro.newswire.ca/70886-0.html
As I'm typing I noticed Blushing Green posted...
BG might be right...that info may show up on the IIROC site...haven't used it myself
Good Morning all...rattlewatch...your numbers look pretty reasonable, so I think you're going to come in close
A lot of jockying going on up here in the north (MVN) between 0.48-0.49 CDN$ after a pretty good NR (IMO)...was hoping for more of a hop...maybe after 1:00EST she'll move up...wait and see
I've noticed over the last few days that someone likes buying MDLNF 100,000 shares at a time
Thanks BG...You guys do a pretty nice job on this board...
I see this board (RW) started in May...was waiting for that...just came across it a couple of days back...
Good Luck guys...
Things should be interesting with Proa-3 added to the mix.
Q2 should be out around August 25th
GLTA
EVRN - OTC Markets Level 2 - 10:43:42
Bid Ask
Time MMid Size Price Price Size MMid Time
02/14 10:35:41 CDEL 260000 0.0007 0.0008 340000 NITE 02/14 10:23:15
02/14 10:43:03 ATDF 100000 0.0007 0.0008 1630000 MAXM 02/14 10:34:03
02/14 10:23:15 NITE 3450000 0.0006 0.0009 167000 CSTI 02/14 10:30:20
02/14 10:18:48 ETRF 1000000 0.0005 0.001 3940000 ETRF 02/14 10:18:48
02/14 10:30:20 CSTI 2625000 0.0005 0.001 100000 ATDF 02/14 10:43:03
02/14 07:35:09 CANT 10000 0.0001 0.0011 250000 CDEL 02/14 10:35:41
11/09 20:44:46 VFIN U 0.008 10000 CANT 02/14 07:35:09
02/14 10:34:03 MAXM U U VFIN 11/09 20:44:46
Not much resistance going forward that's for sure
EVRN - OTC Markets Level 2 - 14:56:10
Bid Ask
Time MMid Size Price Price Size MMid Time
02/13 14:11:14 NITE 935000 0.0009 0.0011 90000 CSTI 02/13 14:37:50
02/13 14:37:50 CSTI 1400000 0.0009 0.0012 1000000 ATDF 02/13 14:11:48
02/13 14:11:48 ATDF 1020000 0.0008 0.0013 1000000 NITE 02/13 14:11:14
02/13 14:29:53 ETRF 150000 0.0008 0.0015 2000000 MAXM 02/13 13:59:41
02/13 14:41:49 CDEL 1500000 0.0007 0.0018 1000000 ETRF 02/13 14:29:53
02/13 12:27:55 CANT 10000 0.0001 0.008 10000 CANT 02/13 12:27:55
02/13 13:59:41 MAXM 10000 0.0001 0.014 12000 CDEL 02/13 14:41:49
11/09 20:44:46 VFIN U U VFIN 11/09 20:44:46
.0011