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Resources - Mining & Energy

APO ENERGY INC.

APO Energy Inc. is a private Ontario company engaged in oil and gas exploration and development in Colombia ...

APO Energy Inc. is a private Ontario company engaged in oil and gas exploration and development in Colombia founded and initially controlled by the principals of Delavaco Capital.

From January 29, 2010 through February 17th, 2010, APO raised US$1,280,000 by way of non-brokered private placements of 5,120,000 APO Shares to investors at US$0.25 per APO Share.

On February 17, 2010, APO issued a convertible debenture of US$500,000 convertible into APO shares at US$1.00.

From February 18, 2010 through May 14, 2010, APO raised US$25,580,000 by way of non-brokered private placements of 25,580,000 APO shares at US$1.00 per share.

From May 14, 2010 through August 3, 2010, APO raised US$21,681,830 by way of non-brokered private placements of 20,454,558 shares to investors at an issue price of US$1.06 per share. In connection with such private placements, APO paid US$1.5 million and issued warrants to purchase an aggregate of 1,000,000 shares, exercisable at a price of US$1.25 and expiring November 12, 2011, in respect of financial advisory services.

In August 2010, APO raised US$51,501,250 by way of a brokered private placement of: (i) 6,681,250 shares at an issue price of US$1.25 per share; and (ii) a principal amount of US$44,820,000 debentures. The debentures have an interest rate of 12%, are convertible at a price of US$1.50 per share and mature September 30, 2013.

On December 20, 2010 following receipt of all necessary approvals from shareholders and debenture holders, P1 Energy Corp. and APO merged to form a new company which will carry on its business under the name P1 Energy Corporation. APO and P1 were both private Ontario companies engaged in oil and gas exploration, development and production in Colombia. The merged company, P1 Energy Corporation, also completed a $60 million private placement of common shares valuing the combined company at approximately $400 million.

CUB ENERGY INC

KUB:TSX »

3P International Energy (TSXV: DOH) is a Canadian-based emerging oil and gas company founded and initially c...

3P International Energy (TSXV: DOH) is a Canadian-based emerging oil and gas company founded and initially controlled by the principals of Delavaco Capital. It is focused on developing significant proven oil and gas reserves in Eastern Europe. In the Ukraine, 3P is a joint venture partner on a significant CBM property (512 km2). The Company's strategy is to use proven technology, capital and expertise to significantly increase production and reserves via the drill bit and consolidation. 3P shares are traded on the TSX Venture Exchange under the stock symbol DOH. www.3pintlenergy.com

October 14, 2010 - 3P announced a non-brokered private placement of 20,000,000 shares at 0.40 per share for proceeds of 8,000,000.

DALRADIAN RESOURCES

DNA:TSX »

Dalradian Resources is a Canadian based exploration company looking to increase gold resources in counties T...

Dalradian Resources is a Canadian based exploration company looking to increase gold resources in counties Tyrone and Londonderry in Northern Ireland which was founded and initially controlled by the principals of Delavaco Capital. Dalradian's common shares and warrants are listed on the Toronto Stock Exchange under the tickers DNA and DNA.WT respectively. www.dalradian.com

On March 27, 2009, the Company completed a private placement of 10,182,417 common shares at $0.001 per share for proceeds of $10,182.

During the period ended December 31, 2009, the company issued three convertible debentures for proceeds of US$1,625,000. The debentures were issued at par with an interest rate of 6% and matured on September 30, 2009. Two of the debentures were convertible at the option of the holders at any time prior to the maturity date into common shares at a conversion rate of US$0.25 per share and one debenture was convertible at the option of the holder into units of the Company (each consisting of one common share and one-half of one common share purchase warrant) at a conversion rate of US$0.45 per unit.

On September 30, 2009, the company issued 5,000,000 common shares upon conversion of the two debentures. On December 16, 2009, the company issued 833,333 common shares and 416,666 common share purchase warrants upon conversion of the outstanding debenture convertible into units. Each common share purchase warrant is exercisable to acquire one common share at an exercise price of US$0.45 until December 18, 2011.

On October 26, 2009, the company completed a non-brokered private placement offering of 10,600,000 common shares at a price of $0.10 per share for proceeds of $1,060,000.

On October 30, 2009, the company completed a non-brokered private placement offering of 7,540,000 common shares at a price of $0.25 per share for proceeds of $1,885,000.

On December 18, 2009, the company completed a brokered private placement offering of 8,000,000 common shares at a price of $0.75 per common share for proceeds of $6,000,000. In connection with this offering, the company paid the agents a cash commission equal to 6% of the proceeds and granted to the agents broker warrants to acquire 480,000 common shares at a price of $0.75 per common share until December 18, 2011.

On August 1, 2010, Dalradian Resources Inc. (TSX:DNA, DNA.WT) completed its initial public offering of 22,700,000 units of the company at a price of C$1.50 per unit for gross proceeds of C$34,050,000. Each unit consisted of one common share and one-half of one common share purchase warrant. Each whole warrant is exercisable to purchase one common share at an exercise price of C$2.25 per share until August 10, 2011.

DELAVACO ENERGY INC.

Delavaco Energy Inc. operates as an oil and gas exploration and production company in Canada founded and ini...

Delavaco Energy Inc. operates as an oil and gas exploration and production company in Canada founded and initially controlled by the principals of Delavaco Capital. As of October 22, 2009, Delavaco Energy is a wholly owned subsidiary of Alange Energy Corp.

On July 23, 2009, Delavaco Energy raised gross aggregate proceeds of US$13,000,000 by way of a brokered private placement of 40,625,000 subscription receipts, at a price of US$0.32 per subscription receipt. Each subscription receipt was convertible into units of one Common Share and one half of one Common Share purchase warrant. Each Common Share purchase warrant was exercisable to acquire one Common Share at an exercise price of US$0.4829.

On September 30, 2009, Delavaco entered into an agreement with Alange Energy Corp in which Alange would acquire Delavaco by way of a three-corner amalgamation: Delavaco amalgamated with a wholly-owned subsidiary of Alange and holders of the common shares of Delavaco received common shares of Alange in exchange. This transaction was completed on October 22, 2009 for approximately C$100 million.

P1 ENERGY

P1 Energy Corp. is a private Ontario company engaged in oil and gas exploration and development in Colombia ...

P1 Energy Corp. is a private Ontario company engaged in oil and gas exploration and development in Colombia which was founded and initially controlled by the principals of Delavaco Capital.

From December 8, 2009 through March 24, 2010, P1 raised $15,100,000 by way of non-brokered private placements of 30,200,000 shares at $0.50 per share.

Between February 5, 2010 and April 15, 2010, P1 raised $40,350,006 by way of non-brokered private placements of 26,900,004 shares at an issue price of $1.50 per share. On June 9, 2010, P1 issued 475,000 shares pursuant to a private placement at an issue price of $1.50 per share for gross aggregate proceeds of $712,500.

On June 10, 2010, P1 raised $20 million by way of a brokered private placement of $20 million unsecured subordinated convertible debentures. The debentures have an interest rate of 12%, are convertible into P1 shares at a price per share equal to 90% of the price per share pursuant to a financing conducted prior to December 31, 2010 or $1.35 if no financing is conducted. Interest is payable in cash or shares at the option of the debenture holder.

On December 2, 2010, P1 raised $50.9 million by way of a brokered private placement of subscription receipts. Each subscription receipt converted into one P1 share upon the amalgamation described below. On December 20, 2010 and following receipt of all necessary approvals from shareholders and debenture holders, P1 and APO Energy Inc. merged to form a new company which will carry on its business under the name P1 Energy Corporation. APO and P1 were both private Ontario companies engaged in oil and gas exploration, development and production in Colombia. The merged company, P1 Energy Corporation, also completed a $60 million private placement of common shares valuing the combined company at approximately $400 million.

SANTA MARIA PETROLEUM

SMQ:TSX.V »

Quetzal Energy Ltd. is a public oil & gas exploration and production company listed on the TSX.V under t...

Quetzal Energy Ltd. is a public oil & gas exploration and production company listed on the TSX.V under the ticker QEI founded and initially controlled by the principals of Delavaco Capital. Quetzal is a well-financed Canadian-based energy company with exploration and production assets in Guatemala and interests in Colombia in the Llanos basin. www.quetzalenergy.com

On October 26, 2009 - Quetzal Energy Ltd. closed the first tranche of its previously announced non-brokered private placement financing, pursuant to which it issued 39,673,000 units at a price of $0.125 per unit to raise proceeds of $4,959,125. Each Unit consists of one common share of Quetzal and one share purchase warrant, each warrant entitling the holder to acquire one additional common share of Quetzal until October 26, 2011 at an exercise price of $0.20 per share.

On October 29, 2009 Quetzal closed the second tranche of its non-brokered private placement where it issued 25,099,660 units at $0.125 per unit to raise approximately $3,137,400. Each unit consists of one common share of Quetzal and one share purchase warrant.

On March 18, 2010 Quetzal completed a private placement by issuing 58.8 million units at a price of $0.14 per unit for proceeds of $8.2 million. Each Unit consists of one common share and one common share purchase warrant..

On September 9, 2010 Quetzal completed a private placement by issuing 68.3 million units at a price of $0.14 per unit for proceeds of $9.5 million. Each unit consists of one common share and one common share purchase warrant.

On November 13, 2009 Quetzal closed the final tranche of its non-brokered private placement financing, pursuant to which it issued 1,862,420 units at $0.125 per unit to raise approximately $232,800.

On March 13, 2010 Quetzal announced that it closed a brokered private placement. The company issued 58.8 million units at a price of $0.14 per unit for proceeds of $8.2 million. Each Unit consists of one common share and one common share purchase warrant.

On September 9, 2010 Quetzal announced that it closed a brokered private placement. The company issued 68.3 million units at a price of $0.14 per unit for approximately $9.5 million. Each unit consists of one common share and one common share purchase warrant.

On January 27, 2011 Quetzal announce that it closed a brokered equity financing in which it issued 276,000,000 common shares at $0.125 per common share for proceeds of $34,500,000.

SINTANA ENERGY

SNN:TSX.V »

ColCan Energy is a private oil and gas company with high impact exploration in three key basins in Colombia....

ColCan Energy is a private oil and gas company with high impact exploration in three key basins in Colombia. Llanos Basin, Putumayo Basin and the Middle Magdalena Basin.

February 3, 2011 – Colcan Energy announced a non-brokered private placement of 30,187,000 shares at 0.40 per share for proceeds of $12,075,000; and 20,000 debentures at $1000 per unit for proceeds of $20,000,000.

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