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CanCambria Energy Corp

  • FSE:4JH
  • OTCQB:CCEYF
  • TSXV:CCEC

CanCambria Energy Increases Proposed Private Placement to $3,000,000

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Announcement Summary

CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) announced an increase to its previously announced non-brokered private placement unit offering.

  • The Company increased the non-brokered financing by an additional $1,000,000, offering up to 7,500,000 Units at $0.40 for gross proceeds of $3,000,000.
  • Each Unit will comprise one common share and one common share purchase warrant.
  • Each Warrant entitles the holder to one additional common share at $0.50 per Warrant Share for three (3) years after issuance.
  • The Offering may close in one or more tranches as subscriptions are received.
  • The Offering is subject to necessary regulatory and other approvals, including approval by the Exchange.

Net proceeds will fund long-lead items for 2026 drilling, Kiskunhalas Concession Area evaluation, BA-IX tight-gas field Joint Venture process, and corporate purposes; other terms remain unchanged from January 5, 2026.

Investor FAQs

CanCambria Energy Corp. has announced an increase of $1,000,000 to its previously announced non-brokered private placement financing. The increased Offering is proposed and remains subject to certain conditions, including necessary regulatory and other approvals, including approval by the Exchange.
The Company is offering up to 7,500,000 units at a price of $0.40 per Unit, to raise aggregate gross proceeds of up to $3,000,000. Each Unit comprises one common share and one common share purchase warrant.
Each Warrant will entitle its holder to acquire one additional common share at an exercise price of $0.50 per Warrant Share for a period of three (3) years after the date of issuance.
The Company states that net proceeds will be used to fund the procurement of long-lead items pursuant to the start of the 2026 drilling program, ongoing technical resource evaluation of the Kiskunhalas Concession Area, support of the Joint Venture process for the BA-IX tight-gas field, and general corporate purposes.
The Offering may close in one or more tranches as subscriptions are received. The source does not provide a closing date and states that completion is subject to conditions including the receipt of necessary regulatory and other approvals, including approval by the Exchange.
The source identifies CanCambria Energy Corp. as listed on the TSXV under CCEC, the FSE under 4JH, and the OTCQB under CCEYF.
The Offering is subject to regulatory and other approvals, and the press release states that it does not constitute an offer to sell or solicitation of an offer to buy securities in any jurisdiction other than as specified, including the United States or for the account or benefit of U.S. persons as defined in Regulation S under the 1933 Act. The Company also states that forward-looking information concerning the Offering, business plans, expectations, capital costs and objectives is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, and should not be read as a guarantee of future performance or results.

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