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July 30, 2020 Painted Pony Announces Extension of Bank Line Review Date
CALGARY, Alberta, July 30, 2020 (GLOBE NEWSWIRE) - Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) today confirms the execution of an agreement with the Corporation’s syndicate of lenders to extend Painted Pony’s annual borrowing base redetermination date from July 31, 2020 to August 31, 2020. The extension agreement confirms Painted Pony’s existing syndicated credit facility at $325 million. Painted Pony also has a $22 million unsecured letter of credit facility backstopped by EDC, bringing the Corporation's present total credit capacity to $347 million. As at March 31, 2020, Painted Pony’s syndicated credit facility was drawn approximately $121 million.
DEFINITIONS AND ADVISORIES
Currency : All amounts referred to in this press release are stated in Canadian dollars unless otherwise specified.
Forward-Looking Information : This press release contains certain forward-looking information within the meaning of Canadian securities...
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June 30, 2020 Painted Pony Announces Extension of Bank Line Review Date
CALGARY, Alberta, June 30, 2020 (GLOBE NEWSWIRE) - Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) today confirms the execution of an agreement with the Corporation’s syndicate of lenders to extend Painted Pony’s annual borrowing base redetermination date from June 30, 2020 to July 31, 2020. This extension affords both Painted Pony and the syndicate of lenders additional time to evaluate current market conditions as well as proposed Federal Government programs initiated through Export Development Canada (“ EDC ”) and Business Development Bank of Canada. The extension agreement includes an amendment which reduces Painted Pony’s existing syndicated credit facility by 7% or $25 million, from $350 million to $325 million. Painted Pony also has a $22 million unsecured letter of credit facility backstopped by EDC, bringing the Corporation's present total credit capacity to $347 million. As at March 31, 2020, Painted Pony’s syndicated credit facility was...
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May 8, 2020 Painted Pony Announces Results from 2020 Annual General Meeting of Shareholders
CALGARY, Alberta, May 08, 2020 (GLOBE NEWSWIRE) - Painted Pony Energy Ltd. (" Painted Pony " or the " Corporation ") ( TSX: PONY ) is pleased to announce the results from the 2020 Annual General and Special Meeting of Shareholders held on May 7, 2020 (the " Meeting ").
ELECTION OF DIRECTORS Shareholders elected each of the nominees proposed by management as set forth in the information circular of the Corporation dated March 20, 2020.  The results of the voting on the election of directors is set forth below. Director Nominee   Outcome of Vote   Percentage of Votes For   Percentage of Votes Withheld Kevin D. Angus   Passed   98.82   1.18 Glenn R. Carley   Passed   98.79   1.21 Joan E. Dunne   Passed   99.09   0.91 Nereus L. Joubert   Passed   99.27   0.73 Lynn Kis   Passed   99.08   0.92 Elizabeth G. Spomer   Passed   99.16   0.84 George W. Voneiff   Passed   99.04   0.96 Patrick R. Ward   Passed   99.19   0.81 Each of the directors elected at the meeting will hold office until...
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Reporting Dates

  • 2019 Q4: March 11, 2020
  • 2020 Q1: May 6, 2020
  • 2020 Q2: August 12, 2020
  • 2020 Q3: November 4, 2020
  • 2020 Q4: March 12, 2021

Emergency Phone: 1-888-775-0440

PAINTED PONY ENERGY LTD.

1200, 520 3 Avenue SW Calgary, Alberta T2P 0R3 P: 403 475-0440 F: 403 238-1487 TF: 1-866-975-0440 E: info@paintedpony.ca

Whistleblower Hotline

24-HOUR EMERGENCY CONTACT

Call 1-888-775-0440 to report concerns regarding any of Painted Pony’s field operations. This is for EMERGENCIES ONLY and does not connect to Painted Pony’s head office.

PAINTED PONY ENERGY LTD.

1200, 520 3 Avenue SW Calgary, Alberta T2P 0R3 P: 403 475-0440 F: 403 238-1487 TF: 1-866-975-0440 E: info@paintedpony.ca