You can use your smart phone to browse stories in the comfort of your hand. Simply browse this site on your smart phone.

    Using an RSS Reader you can access most recent stories and other feeds posted on this network.

    SNetwork Recent Stories

Pieridae Energy first quarter reports

by pmnationtalk on May 24, 201861 Views

CALGARY, ALBERTA — May 23, 2018—Pieridae Energy Limited (PEA-TSXV) is pleased to announce that it has filed its first quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2018. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. Pieridae’s unaudited condensed interim financial statements and MD&A are available on our website at, and are filed on SEDAR at

Pieriade’s mission is to build shareholder value by becoming the first fully integrated independent LNG producer in Canada. The Company is focused on the development of the Goldboro LNG Facility and the acquisition and development of resource properties for the extraction of natural gas for use as feed gas in the production of LNG.

($000 except per share information)

For the three months ended March 31, 2018For the three months ended March 31, 2017Net loss attributable to equity holders($2,942)($2,058)Net loss per share (basic and diluted)($0.06)($0.06) As at March 31, 2018As at December 31, 2017Cash and cash equivalent including cash and cash equivalent held for exploration purpose$18,925$21,238Working capital$8,098$10,379Exploration and evaluation assets$43,024$42,827

About Pieridae Energy
Pieridae Energy is a Canadian corporation based in Calgary, Alberta focused on the development of fully integrated energy activities, from upstream production to the sale of LNG. Pieridae Energy’s main project is the Goldboro LNG Project and, following Pieridae Energy’s first acquisition of resources in New Brunswick and the completion of the merger with Pétrolia Inc., Pieridae Energy has embarked on a strategy to consolidate natural gas reserves in key natural gas basins to develop new international markets for Canadian and US natural gas. Pieridae Energy will continue to seek to build a long-term portfolio of natural gas to supply the Goldboro LNG Project. Pieridae Energy is on the leading edge of the re-integration of the LNG value chain in North America. Pieridae Energy has 50,547,159  shares issued and outstanding which trade on the TSX Venture Exchange (PEA).

For further information please contact:
Alfred Sorensen, Chief Executive Officer
Telephone: (418) 657-1966

Mario Racicot, Chief Financial Officer
Telephone: (418) 657-1966


Send To Friend Email Print Story

Comments are closed.

NationTalk Partners & Sponsors Learn More