Key Developments: Spyglass Resources Corp (PACEF.PK)

PACEF.PK on OTC Markets Group - US Other OTC and Grey Market

1.79USD
2 May 2013
Price Change (% chg)

$-0.03 (-1.65%)
Prev Close
$1.82
Open
$1.82
Day's High
$1.83
Day's Low
$1.75
Volume
107,802
Avg. Vol
71,753
52-wk High
$2.90
52-wk Low
$1.52

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Latest Key Developments (Source: Significant Developments)

Spyglass Resources Corp Announces May Cash Dividend
Monday, 13 May 2013 08:19pm EDT 

Spyglass Resources Corp announced that Board of Directors has approved the May cash dividend of $0.0225 per share payable on June 17, 2013 to shareholders of record on May 27, 2013. The ex-dividend date will be May 23, 2013.  Full Article

Spyglass Resources Corp Announces April Cash Dividend
Tuesday, 9 Apr 2013 03:36pm EDT 

Spyglass Resources Corp announced that its April cash dividend of $0.0225 per share is payable on May 15, 2013 and will be paid to shareholders of record on April 26, 2013. The ex-dividend date will be April 24, 2013.  Full Article

Pace Oil and Gas Ltd Revises FY 2012 Production Guidance
Tuesday, 6 Nov 2012 05:44pm EST 

Pace Oil and Gas Ltd announced that for fiscal 2012, it expects production to average approximately 13,400 boe/d.  Full Article

Pace Oil and Gas Ltd Revises FY 2012 Production Guidance
Tuesday, 6 Nov 2012 05:44pm EST 

Pace Oil and Gas Ltd announced that for fiscal 2012, it expects production to average approximately 13,400 boe/d.  Full Article

Pace Oil and Gas Ltd Issues FY 2012 Production Guidance
Tuesday, 14 Aug 2012 07:01pm EDT 

Pace Oil and Gas Ltd announced that it expects production for fiscal 2012 to average between 13,500-14,000 boe/d (50% liquids).  Full Article

Pace Oil and Gas Ltd Issues FY 2012 Production Guidance
Tuesday, 14 Aug 2012 07:01pm EDT 

Pace Oil and Gas Ltd announced that it expects production for fiscal 2012 to average between 13,500-14,000 boe/d (50% liquids).  Full Article

Pace Oil & Gas Ltd. Announces Normal Course Issuer Bid
Thursday, 28 Jun 2012 08:30am EDT 

Pace Oil & Gas Ltd. announced that the Toronto Stock Exchange (the TSX) has accepted its notice to make a normal course issuer bid (Bid). Pursuant to the bid, Pace may purchase, from time to time, as it considers advisable, up to 2,354,550 (Maximum Share Amount) of its 47,091,000 issued and outstanding common shares (as of June 26, 2012) on the open market through the facilities of the TSX. The Maximum Share Amount represents 5% of outstanding common shares of Pace. In accordance with the rules of the TSX governing normal course issuer bids, the total number of shares the Corporation is permitted to purchase is subject to a daily purchase limit of 29,306 common shares, representing 25% of the average daily trading volume of Pace common shares on the TSX for the six month period ended May 31, 2012; provided, however, that Pace may make one block purchase per calendar week which exceeds the daily repurchase restriction subject to the Maximum Share Amount. The price that the Corporation will pay for any common shares acquired under the Bid will be the prevailing market price on the TSX at the time of such purchase. Common shares acquired by Pace under the Bid will be cancelled. The Bid will commence on July 3, 2012 and will terminate on July 2, 2013, or such earlier time as the Bid is completed or terminated at the option of the Corporation.  Full Article

Pace Oil & Gas Ltd. Announces Normal Course Issuer Bid
Thursday, 28 Jun 2012 08:30am EDT 

Pace Oil & Gas Ltd. announced that the Toronto Stock Exchange (the TSX) has accepted its notice to make a normal course issuer bid (Bid). Pursuant to the bid, Pace may purchase, from time to time, as it considers advisable, up to 2,354,550 (Maximum Share Amount) of its 47,091,000 issued and outstanding common shares (as of June 26, 2012) on the open market through the facilities of the TSX. The Maximum Share Amount represents 5% of outstanding common shares of Pace. In accordance with the rules of the TSX governing normal course issuer bids, the total number of shares the Corporation is permitted to purchase is subject to a daily purchase limit of 29,306 common shares, representing 25% of the average daily trading volume of Pace common shares on the TSX for the six month period ended May 31, 2012; provided, however, that Pace may make one block purchase per calendar week which exceeds the daily repurchase restriction subject to the Maximum Share Amount. The price that the Corporation will pay for any common shares acquired under the Bid will be the prevailing market price on the TSX at the time of such purchase. Common shares acquired by Pace under the Bid will be cancelled. The Bid will commence on July 3, 2012 and will terminate on July 2, 2013, or such earlier time as the Bid is completed or terminated at the option of the Corporation.  Full Article

Pace Oil & Gas Ltd. Announces Increase In Credit Facility
Thursday, 14 Jun 2012 07:35pm EDT 

Pace Oil & Gas Ltd. announced that it has completed its annual credit review with a syndicate of banks resulting in a $25 million increase to its credit facilities, bringing the total available under the facilities to $300 million effective June 15, 2012. This represents a 9% increase from the previous borrowing base of $275 million and is a direct result of Pace's solid reserve base and its continued strong results. The terms of the credit facility remain unchanged from the previous arrangement. The syndicate of banks is led by Canadian Imperial Bank of Commerce with National Bank of Canada as syndication agent and includes The Bank of Nova Scotia, Bank of Montreal, Alberta Treasury Branches and HSBC Bank Canada.  Full Article

Pace Oil & Gas Ltd. Announces Increase In Credit Facility
Thursday, 14 Jun 2012 07:35pm EDT 

Pace Oil & Gas Ltd. announced that it has completed its annual credit review with a syndicate of banks resulting in a $25 million increase to its credit facilities, bringing the total available under the facilities to $300 million effective June 15, 2012. This represents a 9% increase from the previous borrowing base of $275 million and is a direct result of Pace's solid reserve base and its continued strong results. The terms of the credit facility remain unchanged from the previous arrangement. The syndicate of banks is led by Canadian Imperial Bank of Commerce with National Bank of Canada as syndication agent and includes The Bank of Nova Scotia, Bank of Montreal, Alberta Treasury Branches and HSBC Bank Canada.  Full Article

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