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Camber to Increase its Interest in Viking to 100% HOUSTON, TX / ACCESSWIRE / February 18, 2021 / Camber Energy, Inc. (NYSE American:CEI) ("Camber") and Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking")
Camber to Increase its Interest in Viking to 100% HOUSTON, TX / ACCESSWIRE / February 18, 2021 / Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking") and Camber Energy, Inc. (NYSE American:CEI) ("Camber")
3 Energy Penny Stocks To Watch Right Now In the past few months, we have seen energy penny stocks make a big comeback. This makes sense given how affected the industry was by the pandemic. Early during the pandemic, energy usage including fossil fuels and renewables shot down to very low levels. With people commuting and traveling much less, the prices of many leading energy stocks dropped down substantially as a result. Moving further into 2021 we see vaccine distribution is rolling out. This could trigger a bit of a rebirth for things like travel as well as manufacturing. Now, we are nowhe...
Camber Energy, Inc. Extinguishes $18.9M of Total Debt HOUSTON, TX / ACCESSWIRE / January 14, 2021 / Camber Energy, Inc. (NYSE American:CEI) (" Camber" or the " Viking Energy Group, Inc. (VKIN) (" Viking"), pursuant to which Camber purchased $18.9 million worth of common stock of Viking. In exchange for the shares of Viking, Camber agreed to issue 1,890 restricted shares of Camber's Series C Redeemable Convertible Preferred Stock to a noteholder of Viking resulting in the extinguishment of $18.9 million of debt at the Viking level. The acquisition and debt cancellation transactions, dated as o...
Press release content from Accesswire. The AP news staff was not involved in its creation. Viking Extinguishes $18.9 Million in Debt January 14, 2021 GMT Closes $39 Million in Equity Transactions Since Dec. 23/20 HOUSTON, TX / ACCESSWIRE / January 14, 2021 / Viking Energy Group, Inc. (OTCQB:VKIN) (“Viking” or the “Company”) is pleased to announce the completion of another deal with Camber Energy, Inc. (NYSE American:CEI) (“Camber”), its majority shareholder, pursuant to which Camber purchased $18.9 million worth of common stock of Viking. In exchange for the shares of Viking, Camb...