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Forza Petroleum Limited - $ORXPF STOCK NEWS

Welcome to our dedicated page for Forza Petroleum news (Ticker: $ORXPF), a resource for investors and traders seeking the latest updates and insights on Forza Petroleum stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Forza Petroleum's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Forza Petroleum's position in the market.

Rhea-AI Summary
Forza Petroleum Limited (FORZ) and Zeg Oil and Gas Ltd. announced the completion of a statutory plan of arrangement under the Canada Business Corporations Act. The Purchaser acquired all outstanding common shares of Forza for C$0.15 per share. Forza applied for delisting from TSX and to cease reporting issuer status.
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Forza Petroleum Limited (TSX: FORZ) announces approval of special resolution for acquisition by Purchaser and Zeg Oil. The Arrangement involves acquiring all outstanding Common Shares for C$0.15 per share.
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Forza Petroleum Limited (TSX: FORZ) has entered into an arrangement agreement with Zeg Oil and Gas Ltd. to acquire all outstanding common shares at a purchase price of CAD 0.15 per common share, providing a 36% premium. The transaction is expected to close in the first quarter of 2024, subject to approvals.
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Forza Petroleum Limited (TSX: FORZ) announces financial and operational results for Q3 2023, highlighting revenue of $14.4 million, a loss of $1.6 million, and $69.0 million in cash and cash equivalents as of September 30, 2023. The Corporation is preserving liquidity through local oil sales and cost-cutting while awaiting the re-opening of the Kurdistan Oil Export Pipeline.
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Forza Petroleum announces the election of four nominees as directors at its Annual and Special Meeting of Shareholders.
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Forza Petroleum Limited

OTC:ORXPF

ORXPF Rankings

ORXPF Stock Data

67.21M
499.19M
82.52%
1.67%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Calgary