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| August, 30 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX-V: REL) is pleased to report its financial and operational results for the three and six months ended June 30, 2010.
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| August, 26 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX-V: REL announced today that the Corporation has granted stock options to certain directors, officers, employees and consultants of the Corporation, which options will entitle the holders thereof to purchase up to an aggregate of 5.55 million common shares at a price of $0.33 per share on or before the fifth anniversary of the date of issue.
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| August, 19 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX-V: REL) is pleased to announce that it has recently completed the sale of its natural gas properties and facilities located in the Harmattan area, of south central Alberta. The sale which, included four natural gas wells and associated pipelines will enable Reliable to focus 100% on the exploration and production of crude oil from its core area in southeast Saskatchewan and southwest Manitoba. The properties, producing approximately 100 mcf/d of natural gas, were not considered significant to the Company’s operations and the loss of production will have little impact on expected future production, which is now 100% light crude oil.
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| August, 5 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX-V: REL) is pleased to provide an operational update on its second quarter 2010 activities.
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| June, 24 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX-V: REL) announces that has received a receipt dated June 24, 2010 (the "Receipt") for the final short form prospectus of the Corporation dated June 24, 2010 (the "Final Prospectus") filed with the securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario qualifying the distribution of 30,000,000 common shares of the Corporation ("Common Shares") issuable pursuant to the exercise of 30,000,000 previously issued special warrants (the "Special Warrants"). The Special Warrants were issued on May 27, 2010 pursuant to a bought-deal financing, announced on May 12, 2010, and led by Raymond James Ltd. and included Canaccord Genuity Corp., Acumen Capital Finance Partners Limited and Clarus Securities Inc.
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| June, 17 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX-V: REL) announces that it has filed an amended MD&A for the year ended December 31, 2009 and an amended MD&A for the three months ended March 31, 2010. It has also filed an amended 2009 Annual Report since the MD&A for the year ended December 31, 2009 forms part of the Annual Report.
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| May, 28 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX-V: REL) is pleased to report its financial and operational results for the three months ended March 31, 2010.
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| May, 27 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX VENTURE:REL) is pleased to announce that it has completed the issuance of 30,000,000 special warrants ("Special Warrants") at a price of $0.30 per Special Warrant and 16,500,000 common shares of the Company issued on a "flow-through" basis ("FT Shares"), at a price of $0.365 per FT Share, for aggregate gross proceeds of $15 million ("Offering"). This bought-deal financing, previously announced on May 12, 2010, was led by Raymond James Ltd. and included Canaccord Genuity Corp., Acumen Capital Finance Partners Limited and Clarus Securities Inc. The Special Warrants and FT Shares issued pursuant to the Offering are subject to trading restrictions until September 28, 2010.
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| May, 17 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX-V: REL) announces that it has filed an Amended Management Information Circular for its Annual and Special Meeting scheduled for May 27, 2010. The Amended Management Information Circular was filed because the original Management Information Circular omitted to disclose a beneficial owner of more than 10% of the outstanding common shares.
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| May, 13 2010 |
Reliable Energy Ltd. ("Reliable" or the "Company") (TSX VENTURE:REL) is pleased to announce that as part of the bought deal financing agreement announced on May 12, 2010 with a syndicate of underwriters (the "Underwriters") led by Raymond James Ltd. and including Canaccord Genuity Corp., Acumen Capital Partners and Clarus Securities Inc. the Company has increased the size of the special warrants (the "Special Warrants ") offering to approximately $9.0 million. Under the agreement, the syndicate will now purchase from Reliable 30,000,000 Special Warrants at an issue price of $0.30 per Special Warrant and to place with its clients on a private placement bought deal basis 16,500,000 common shares of the Company to be issued on a "flow-through" basis ("FT Shares"), at a price of $0.365 per FT Share, for aggregate gross proceeds of $15 million ("Offering").
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