TSX VENTURE COMPANIES
BULLETIN V2025-0393
LOTUS CREEK EXPLORATION INC. ("LTC")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: February 7, 2025
TSX Venture Tier 1 Company
Effective at the opening, Tuesday, February 11, 2025, the shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil and Gas Extraction' company.
On February 5, 2025, in connection with the plan of arrangement involving Gear Energy Ltd. and pursuant to an Asset Conveyance Agreement, Gear Energy transferred to Lotus Creek Exploration Inc. certain light oil assets in central Alberta and southeast Saskatchewan and heavy oil assets in Tucker Lake, Alberta. Lotus Creek issued 40,000,000 shares at a deemed price of $2.00 per share to Gear Energy shareholders.
The Company's Listing Application dated February 5, 2025, has been filed with and accepted by TSX Venture Exchange.
Corporate Jurisdiction: Alberta
Capitalization: unlimited common shares with no par value of which
40,000,000 common shares are issued and outstanding
Escrowed Shares: NIL common shares
Transfer Agent: Odyssey Trust Company
Trading Symbol: LTC (new)
CUSIP Number: 54571C 10 9 (new)
For further information, please refer to the Company's Listing Application dated February 5, 2025.
Company Contact: Kevin Johnson, President & Chief Executive Officer
Company Address: Suite 800, 205 - 5th Avenue SW
Calgary, AB T2P 2V7
Company Phone Number: (403) 538-8463
Company Email Address: info@lotuscreek.ca
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