Shoal Point Energy Ltd. News Releases

Shoal Point - Clarification to CEO letter

Fri, 06 Jun 2025 15:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - June 6, 2025) - In the CEO's letter released yesterday, the statement was made that "Total expenses to maintain our CSE listing amount to over $100,000 per year." We wish to clarify that listing fees are only part of that total, which includes legal fees, accounting fees, audit fees and more.We also wish to clarify that the next likely step will be a Cease Trade order, which will ultimately lead to a delisting if the default is not corrected.About...

Shoal Point CEO Letter to Shareholders

Thu, 05 Jun 2025 17:32:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - As Chief Executive Officer of Shoal Point Energy Ltd. (CSE: SHP) (the "Company") I want to address the shareholders of the Company in relation to a letter received from the British Columbia Securities Commission noting the Company is in default by reason of the failure to file annual audited statements. As you may be aware, recent efforts at fund raising for the Company proved less than successful and as a result the Company became...

Shoal Point Energy: Consent Orders Agreed to in Litigation with Newfoundland

Thu, 29 May 2025 17:21:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) ("Shoal Point"), announced today that three consent orders between Shoal Point Energy Ltd. and His Majesty in Right of Newfoundland and Labrador ("HMK") have been agreed to and are being filed with the court.The first consent order settles a dispute regarding security for costs. Among other provisions, Shoal Point shall pay security for costs in the amount of $5,450 on or before...

CFO Resigns

Wed, 30 Apr 2025 16:05:00 -0400

Interim CFO Appointed Vancouver, British Columbia--(Newsfile Corp. - April 30, 2025) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) ("The Company"), announced today that the Board of the Company has accepted the resignation of Natasha Tsai as Chief Financial Officer of the Company, effective at today's date. Mark Jarvis has accepted the position of Interim Chief Financial Officer, also effective today.The Board wishes to thank Ms. Tsai for her service over the last six years.About...

Shoal Point Arranges Loan Facility with CEO

Tue, 01 Apr 2025 16:59:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Shoal Point Energy Ltd. (CSE: SHP), or "the Company", announced today that the Company has entered into a revolving loan facility with its CEO, Mark Jarvis, whereby Mr. Jarvis has agreed to loan the Company up to $150,000 from time to time in such installment amounts as the Company and the Lender may agree.Interest on outstanding principal shall be charged to Shoal Point at the rate of five percent (5%) per annum compounded...

Shoal Point Announces Options

Thu, 14 Nov 2024 13:15:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Shoal Point Energy Ltd. (CSE: SHP) today announces that, pursuant to its Stock Option Plan, the Company will be granting 780,000 stock options to certain employees, directors and consultants. The options will be exercisable at $0.05 per share with a 5 year term from the date of grant. About Shoal Point Energy Ltd. Shoal Point Energy Ltd. is a public company listed on the CSE exchange under the symbol "SHP". The Company has filed...

Shoal Point CEO Appears on NTV Evening News to Discuss Lawsuit

Mon, 04 Nov 2024 08:37:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - Shoal Point Energy Ltd. (CSE: SHP), announced today that CEO Mark Jarvis appeared on the NTV evening news program on Friday, where he was interviewed by journalist Don Bradshaw about Shoal Point's lawsuit against the government of Newfoundland and Labrador.The story can be viewed by visiting https://ntvplus.ca/programs/evening-newshour?category_id=152823 at the time stamps 4:28 - 7:35.About Shoal Point Energy Ltd. Shoal Point...

Shoal Point Energy - AGM Voting Results

Tue, 15 Oct 2024 15:18:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - October 15, 2024) - Mark Jarvis, Chairman of Shoal Point Energy Ltd. (CSE: SHP) (the "Company") is pleased to announce the voting results on matters considered at its annual general meeting held in Vancouver on October 15, 2024.The nominees listed in the Company's management circular dated September 10, 2024 (the "Circular") being Mark Jarvis, Robert Millar, Eric Schneider and Brian Usher-Jones were elected to the board of directors of the Company...

Shoal Point Energy Announces Closing of Private Placement

Tue, 02 Apr 2024 17:40:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - April 2, 2024) - Shoal Point Energy Ltd. (CSE: SHP) today announced the closing of the Company's previously announced (February 15 2024) non-brokered Private Placement. A total of 6,176,870 units were placed for total gross proceeds of $308,844.00.Each unit, priced at $0.05 per Unit, consisted of one share and one share purchase warrant. Each full warrant is exercisable at a strike price of $0.07 with an expiry on the third anniversary of the date...

Shoal Point Announces Effective Date for Consolidation

Tue, 27 Feb 2024 13:10:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2024) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE: SHP) (the "Company") is pleased to announce that the Company's common shares will begin trading on a post-consolidated basis at the opening of the market on February 29, 2024 under the existing trading symbol "SHP".As previously announced, the Company will be consolidating (the "Consolidation") its outstanding common share capital on the basis of two (2) pre-Consolidation shares...