Cadillac Ventures Inc. and KFG Resources Ltd. Announce Completion of Arrangement
https://www.stockwatch.com/News/Item/Z-C!KFG-3073563/C/KFG
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@kfgresources
Cadillac Ventures Inc. and KFG Resources Ltd. Announce Completion of Arrangement
https://www.stockwatch.com/News/Item/Z-C!KFG-3073563/C/KFG
/CNW/ -- In connection with their previously announced letter of intent, Cadillac Ventures Inc. ("Cadillac") (TSXV: CDC) and KFG Resources Ltd. ("KFG") (TSXV:...
TORONTO, ON / ACCESSWIRE / November 4 , 2020 / Cadillac Ventures Inc. (TSXV:CDC)(OTC PINK:CADIF)and KFG Resources Ltd. (KFG) (KFGRF) have signed a letter of intent to pursue an amalgamation, with the support of both boards, subject to approval by shareholders of each company and TSXV approval. The amalgamation will proceed with an exchange of KFG common shares for Cadillac common shares on a one for one basis. The companies believe that the
KFG Resources Ltd. January 2020 Company Presentation
NATCHEZ, Miss., Sept. 18, 2019 /CNW/ -- KFG Resources Ltd President, Robert A. Kadane announced today the Company's subsidiary, KFG Petroleum Corporation,...
https://www.newswire.ca/news-releases/kfg-operations-update-854326767.html
NATCHEZ, Miss., June 27, 2019 /CNW/ -- Robert A. Kadane, CEO of KFG Resources Ltd. reported today a rework in Jefferson Co, MS. The Spring Hill #1 well was put ...
KFG Resources Ltd. Operations Update (June 27th 2019)
April 2019 Company Presentation
NATCHEZ, Miss., Feb. 22, 2019 /CNW/ -- Robert A. Kadane, CEO of KFG Resources Ltd. reported today that the Company completed a production purchase in western...
KFG Resources Ltd. Purchases Production in Saskatchewan
NATCHEZ, MS, Jan. 10, 2019 /CNW/ - KFG Resources Ltd. ("KFG" or the "Company") is pleased to announce that the TSX Venture Exchange ("TSX-V") has accepted the...
http://kfgresources.com/wp-content/uploads/2018/12/KFG-Resources-Ltd.-January-2019-Company-Presentation.pdf
The U.S. might have been left out from the big summit between OPEC and non-OPEC producers in Vienna last week but the country's influence over global oil markets is only going to get stronger.
Company Presentation (PDF Slideshow)
KFG Resources October 2018 Company PresentationÂ
NATCHEZ, Miss., Oct. 3, 2018 /CNW/ -- KFG Resources, Ltd. President, Robert A. Kadane, reported today that the...
NATCHEZ, Miss., Oct. 3, 2018 /CNW/ -- KFG Resources, Ltd. President, Robert A. Kadane, reported today that the Company's subsidiary, KFG Petroleum Corporation, (Natchez, MS) recorded revenues for its quarter ended July 31, 2018of $397,520 vs. $323,300 for its corresponding quarter of 2017. Â Net income for the July 31, 2018 quarter was $67,334 vs $17,801 for the July 31, 2017 quarter. Â The Company's current ratio was in excess of 2 to 1 for the quarter ended July 31, 2018.
The share buyback proposal was passed by the KFG's Board Meeting at its annual stockholder meeting. Â When all paperwork has been completed details will be announced. Â Also, capital is being raised from oil industry partners for the project in Graham, Texas to re-enter and recomplete 3 wells with an option to recomplete 2 additional wells. Â The #5 Barnum well in Adams County, MS was completed as a dryhole to 6400'. Â KFG had a 22.5% working interest in the well.
In addition, the payout of the Barnum and Craig Leases should add additional free cash flow of approximately $20,000/quarter to the Company's offers.
The Company's common shares are listed on the TSX, Venture Exchange, Vancouver, B.C. Trading symbol "KFG".
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SOURCE KFG Resources Ltd
For further information: Robert A. Kadane, President, (940) 723-7052