on LNG Energy Group Corp. (CVE:LNGE)
LNG Energy Group Extends Private Placement Offering
LNG Energy Group Corp. has announced that the TSX Venture Exchange has agreed to extend the reservation price for its non-brokered private placement until November 4, 2026. The extension allows the Company to complete additional tranches of the offering within this period, with no changes to the originally set terms.
The private placement involves the sale of company units at C$0.05 each, with each unit comprising one common share and a warrant exercisable at C$0.10 per share within 36 months. The first tranche closed on August 17, 2026, raising approximately C$471,903.
Proceeds will address the Company's financial obligations, including continuous disclosure requirements and general expenses, aiding in the full revocation of a cease trade order issued in May 2025. Final tranche completions will require TSXV approval and compliance with Ontario Securities Commission directives.
R. H.
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