panorama

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So far panorama has created 7 blog entries.
602, 2017

Debt Elimination

February 6th, 2017|

Panorama Petroleum Inc. (the “Company”) reports that a total debt of $5,300,000 has been extinguished by the issuance of 98,000,000 common shares to Maverick Petroleum Ltd. and 8,000,000 common shares to Larnite Corporation (Pvt) Ltd.

This transaction was approved by the TSX Venture Exchange. All common shares to be issued in this transaction will […]

202, 2017

Shares for Debt

February 2nd, 2017|

Panorama Petroleum Inc. (the “Company”) reports that a Shares-for-Debt Agreement has been reached with creditors Maverick Petroleum Ltd. for a $4,900,000 debt through the issuance of 98,000,000 common shares at $0.05 per common share and with Larnite Corporation (Pvt) Ltd. for a $400,000 debt through the issuance of 8,000,000 common shares at $0.05 per […]

2501, 2017

Private Placement

January 25th, 2017|

Panorama Petroleum Inc. (the “Company”) is pleased to announce that TSX.V has accepted the second tranche of Company’s non-brokered private placement announced on November 25, 2016.  The second and final tranche of the placement consists of the issuance of 6,500,000 shares at $0.02 per share for net proceeds of $130,000.

Proceeds will be used for staff […]

1001, 2017

Private Placement

January 10th, 2017|

Panorama Petroleum Inc. (the “Company”) is pleased to announce that TSX.V has granted an approval for a first tranche closing for the Company’s non-brokered private placement of 3,500,000 shares at $0.02 per share for net proceeds of $70,000. The first tranche closed on January 6, 2017.

All shares issued under this private placement will have a […]

501, 2017

Management Update

January 5th, 2017|

Panorama Petroleum Inc. (the “Company”) is pleased to announce that all directors proposed by management in its Information Circular have been elected by shareholders at the Annual General Meeting held on December 22, 2016.

The Board of Directors have appointed Mr. David Greenway as the new President and CEO of the Company. Mr. […]

3012, 2016

Private Placement

December 30th, 2016|

Panorama Petroleum Inc. (the “Company”) is pleased to announce that TSX.V has granted a discretionary waiver of the minimum share price for private placements to the Company and conditionally accepted the first tranche of Company’s non-brokered private placement of 3,500,000 shares at $0.02 per share for net proceeds of $70,000. This private placement was announced […]

2511, 2016

Private Placement

November 25th, 2016|

Panorama Petroleum Inc. (the “Company”) has arranged on a best efforts basis a non-brokered private placement of up to 10,000,000 shares at $0.02 per share for gross proceeds of up to $200,000.

Net proceeds of the private placement will be applied towards working capital and for general corporate purposes.

The proposed private placement is subject to TSX […]