SHOAL POINT ENERGY LTD - SHPNF STOCK NEWS

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Shoal Point Energy Ltd. is a public company listed on the CSE exchange under the symbol 'SHP'. The Company focuses on oil and gas exploration in Kansas and retains interests in the Humber Arm Allochthon play in western Newfoundland. Recently, the Company announced stock option grants to certain directors, employees, officers, and consultants. Additionally, Shoal Point Energy Ltd. is actively evaluating new opportunities in the oil and gas sector.

11/14/2024 01:15 PM

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Shoal Point Announces Options

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Shoal Point Energy (CSE: SHP) has announced the granting of 780,000 stock options to employees, directors, and consultants. The options will be exercisable at $0.05 per share and will have a 5-year term from the date of grant, in accordance with the company's Stock Option Plan.

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11/04/2024 08:37 AM

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Shoal Point CEO Appears on NTV Evening News to Discuss Lawsuit

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Shoal Point Energy CEO Mark Jarvis appeared on NTV's evening news program for an interview with journalist Don Bradshaw regarding the company's lawsuit against the government of Newfoundland and Labrador. The interview segment aired on Friday and can be viewed on NTV's website between timestamps 4:28 - 7:35.

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10/15/2024 03:18 PM

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Shoal Point Energy - AGM Voting Results

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Shoal Point Energy (CSE: SHP) held its annual general meeting in Vancouver on October 15, 2024. The company announced the following key outcomes:

Board Election: Mark Jarvis, Robert Millar, Eric Schneider, and Brian Usher-Jones were elected to the board of directors until the next annual meeting.
Auditor Appointment: Crowe MacKay LLP, Chartered Accountants, was re-appointed as the company's auditor for the ensuing year.
Stock Option Plan Approval: Shareholders approved the company's Stock Option Plan for 2025, which allows for a maximum of 10% of outstanding shares to be issued as options.

These decisions were based on the management circular dated September 10, 2024.

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04/02/2024 05:40 PM

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Shoal Point Energy Announces Closing of Private Placement

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Shoal Point Energy announced the closing of a non-brokered Private Placement, raising $308,844.00 through 6,176,870 units priced at $0.05 each. The units include one share and one share purchase warrant. Directors participated in the placement, with their involvement considered a related party transaction. The funds will be utilized for general working capital.

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02/27/2024 01:10 PM

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Shoal Point Announces Effective Date for Consolidation

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Shoal Point Energy Ltd. (CSE: SHPNF) announces a consolidation of its common shares on a 2:1 basis, reducing outstanding shares to approximately 25.4 million. Trading under the symbol 'SHP' begins on February 29, 2024, following the consolidation.

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12/21/2023 03:57 PM

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Shoal Point Announces Options

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Shoal Point Energy Ltd. (CSE: SHP) grants 300,000 stock options to consultants at $0.06 per share with a 5-year term from the date of grant.

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12/19/2023 03:16 PM

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Shoal Point Energy - AGM Voting Results

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Shoal Point Energy Ltd. (CSE: SHP) Annual General Meeting Voting Results: Positive and Negative Aspects Analyzed

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11/24/2023 09:25 AM

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Shoal Point Files Lawsuit Against Newfoundland and Labrador

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Shoal Point Energy Ltd. (CSE: SHP) files a $483 million lawsuit against Newfoundland for de facto expropriation and constructive taking of exploration lands.

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07/21/2023 03:02 PM

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Shoal Point Announces Options

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05/11/2023 11:18 AM

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Shoal Point Energy Announces Closing of Private Placement

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Shoal Point Energy Ltd. has closed its non-brokered Private Placement, raising $277,500 through the placement of 5,550,000 units. Each unit was priced at $0.05 and consisted of one share and one share purchase warrant. The proceeds will be used for general working capital. A finders fee of $5,100 and 102,000 Finders Warrants were paid for a portion of the placement.

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FAQ

What is the current stock price of SHOAL POINT ENERGY (SHPNF)?

The current stock price of SHOAL POINT ENERGY (SHPNF) is $0.0107 as of January 17, 2025.

What is the market cap of SHOAL POINT ENERGY (SHPNF)?

The market cap of SHOAL POINT ENERGY (SHPNF) is approximately 537.7K.

What is Shoal Point Energy Ltd. focused on?

The company is focused on oil and gas exploration in Kansas and retains interests in the Humber Arm Allochthon play in western Newfoundland.

Where is Shoal Point Energy Ltd. listed?

Shoal Point Energy Ltd. is listed on the CSE stock exchange under the symbol 'SHP'.

What recent announcement did Shoal Point Energy Ltd. make regarding stock options?

The company recently announced the granting of 2,240,000 stock options to certain directors, employees, officers, and consultants at $0.05 per share.

What opportunities is Shoal Point Energy Ltd. currently evaluating?

The company is actively evaluating new opportunities within the oil and gas sector.

What legal action has Shoal Point Energy Ltd. taken recently?

Shoal Point Energy Ltd. has filed a lawsuit against the Government of Newfoundland and Labrador, claiming damages of at least $483,000,000.00 for the constructive taking of its interest in certain exploration lands.

Who can be contacted for further information about Shoal Point Energy Ltd.?

For further information, please contact Mr. Mark Jarvis, the Chief Executive Officer, at the provided telephone number.

How is Shoal Point Energy Ltd. planning to trade its common shares?

The company's common shares will begin trading on a post-consolidated basis under the existing symbol 'SHP'. The outstanding common share capital will be consolidated on a 2:1 basis.

What is the documentation process for shareholders following the consolidation?

A Letter of transmittal describing the process to obtain new certificates representing post-consolidated common shares will be mailed to registered shareholders.

What is the latest update regarding Shoal Point Energy Ltd.'s oil and gas exploration activities?

The company plans to wind up its oil and gas exploration activities in Kansas while retaining interests in the Humber Arm Allochthon play in western Newfoundland.

What risks are associated with the forward-looking statements of Shoal Point Energy Ltd.?

The company cautions that actual future events may differ from forward-looking statements due to inherent risks and uncertainties, including regulatory approvals and external factors beyond its control.