Pine Cliff Energy Ltd. Announces Closing of Asset Disposition
Pine Cliff Energy (TSX: PNE / OTCQX: PIFYF) announced it has completed the disposition of certain assets in the Central area for $15.0 million in gross cash proceeds before closing adjustments.
The transaction closes previously disclosed terms referenced in the company announcement dated November 5, 2025.
Pine Cliff Energy (TSX: PNE / OTCQX: PIFYF) ha annunciato di aver completato la cessione di alcuni asset nell'area centrale per $15.0 milioni di proventi in contanti lordi prima delle rettifiche post-chiusura.
La transazione chiude i termini precedentemente comunicati riferiti al comunicato dell'azienda datato 5 novembre 2025.
Pine Cliff Energy (TSX: PNE / OTCQX: PIFYF) anunció que ha completado la disposición de ciertos activos en la zona Central por $15.0 millones en ingresos de efectivo brutos antes de ajustes de cierre.
La operación cierra los términos previamente divulgados referidos al anuncio de la empresa fechado 5 de noviembre de 2025.
Pine Cliff Energy (TSX: PNE / OTCQX: PIFYF)는 중앙 지역의 특정 자산 매각을 완료했고, 종가 조정 전 총 현금 수익으로 $15.0백만을 얻었습니다.
거래는 회사가 2025년 11월 5일에 공시한 조건을 종료합니다.
Pine Cliff Energy (TSX: PNE / OTCQX: PIFYF) a annoncé avoir finalisé la cession de certains actifs dans la zone centrale pour 15,0 millions de dollars en produits nets de trésorerie avant ajustements de clôture.
La transaction clôt les conditions déjà divulguées dans l'annonce de l'entreprise datée du 5 novembre 2025.
Pine Cliff Energy (TSX: PNE / OTCQX: PIFYF) gab bekannt, dass es die Veräußerung bestimmter Vermögenswerte im Zentralbereich abgeschlossen hat und brutto Cash-Zahlung in Höhe von $15,0 Millionen vor Abschlussanpassungen erzielt wurde.
Die Transaktion schließt die zuvor bekannt gegebenen Bedingungen ein, die in der Unternehmensankündigung vom 5. November 2025 genannt wurden.
Pine Cliff Energy (TSX: PNE / OTCQX: PIFYF) أعلنت أنها أكملت التصرف في بعض الأصول في المنطقة الوسطى مقابل $15.0 مليون من العائدات النقدية الإجمالية قبل تخصيصات الإغلاق.
يغلق الصفقة الشروط التي كشفت عنها الشركة مسبقاً المشار إليها في إعلان الشركة المؤرخ 5 نوفمبر 2025.
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Calgary, Alberta--(Newsfile Corp. - November 20, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") is pleased to announce that it has completed the disposition of certain assets in the Central area for gross cash proceeds of
About Pine Cliff
Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on sedarplus.ca as well as on Pine Cliff's website at www.pinecliffenergy.com.
For further information, please contact:
Philip B. Hodge - President and CEO
Kristopher B. Zack - CFO and Corporate Secretary
Telephone: (403) 269-2289
Fax: (403) 265-7488
Email: info@pinecliffenergy.com
The TSX does not accept responsibility for the accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275394
FAQ
What did Pine Cliff (PIFYF) announce on November 20, 2025?
How much cash did Pine Cliff receive from the asset disposition announced November 20, 2025?
Which assets did Pine Cliff sell in the November 20, 2025 disposition?
Does the November 20, 2025 announcement change Pine Cliff's previously disclosed terms?
What stock symbols correspond to Pine Cliff for investors following the November 20, 2025 news?
Will Pine Cliff disclose final cash after closing adjustments from the November 20, 2025 sale?
