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CGX Energy Inc Announces Guyana Resource Evaluation Report

Toronto, Ontario (Newsfile Corp. - February 16, 2021) - CGX Energy Inc. (TSXV: OYL) ( CGX Energy or the Company ) and its joint-venture partner Frontera Energy Corporation (TSX: FEC), are pleased to announce the completion of an independent Prospective Resource study and report (the Resource Report ) in respect of the Corentyne North Area, Corentyne Main Area and Demerara Block, offshore Guyana. The Company also disclosed the successful renegotiation of the Joint Venture s work commitments with respect to its Petroleum Prospecting License ( PPL ) for the Demerara block offshore Guyana and the Company s Berbice block onshore Guyana. Gabriel de Alba, Co-Chairman of the Board of Directors, commented:

La CVMO Publie Des Directives Soulignant Les Délais Potentiels Associés Aux Dépôts Confidentiels De Prospectus - Corporate/Commercial Law

CSA Provide New Guidance On Automatic Securities Disposition Plans - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. New guidance on automatic securities disposition plans (ASDPs) published by the Canadian Securities Administrators on December 10, 2020 focuses on the reduction of the potential for improper insider trades and enhancing transparency around the establishment and use of ASDPs. Automatic Securities Disposition Plans (the Staff Notice) notably sets out the following recommendations: Oversight by the issuer when establishing and using ASDPs to seek to ensure compliance with securities legislation and any insider trading or internal policies of the issuer. Establishment of a term for the ASDP that is sufficiently long

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