CNNEF
Canacol Energy Ltd·Energy
1.06
0.000%(+0.00)
Market ClosedLast Updated: — ET
52W L: $0.9652W H: $3.03
CNNEF NEWS
globenewswire.com
Mar 30
Canacol Energy Announces Appointment of Chief Restructuring Officer
CALGARY, Alberta, March 30, 2026 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. (OTCQX: CNNEF) (BVC: CNEC) (“Canacol” or the “Company”), announces that, on March 26, 2026, the Court of King's Bench of Alberta granted an order in the Company's ongoing restructuring proceedings under the Companies' Creditors Arrangement Act (Canada) approving the engagement of Breakpoint Advisory Partners LLC (“Breakpoint”) as Chief Restructuring Officer (“CRO”) of the Company.
globenewswire.com
Mar 9
Canacol Energy Closes First Subsequent Advance Under DIP Financing
CALGARY, Alberta, March 09, 2026 (GLOBE NEWSWIRE) -- (“Canacol” or the “Company”) refers to its prior announcement regarding the Company's agreement for debtor-in-possession financing and related documentation (the “DIP Financing”). In that announcement, the Company disclosed entry into a commitment letter governing the DIP Financing (collectively, as amended or restated from time to time, the “DIP Commitment Letter”) with an ad hoc group of holders of the Company's 5.75% senior unsecured notes due 2028 and/or their affiliates, funds, and accounts that agreed to provide credit support in connection with the DIP Financing (the “DIP Lenders”). The DIP Financing and DIP Commitment Letter were approved by the Alberta Court of King's Bench (the “Canadian Court”) pursuant to an Order of the Canadian Court dated December 11, 2025 (the “Second Amended and Restated CCAA Initial Order”). The Second Amended and Restated CCAA Initial Order was recognized by the United States Bankruptcy Court for the Southern District of New York (the “U.S. Court”) pursuant to a recognition order of the U.S. Court dated December 18, 2025, in the Company's recognition proceedings under Chapter 15 of title 11 of the United States Bankruptcy Code. The Company also refers to its prior announcement on January 7, 2026 announcing the closing and receipt of net proceeds from the initial advance under the DIP Commitment Letter.
globenewswire.com
Feb 27
Canacol Obtains Court Approval of Sale and Investment Solicitation Process
CALGARY, Alberta, Feb. 27, 2026 (GLOBE NEWSWIRE) -- (“Canacol” or the “Company”) announces that the Court of King's Bench of Alberta (the “Canadian Court”) has approved the Company's sale and investment solicitation process (“SISP”) authorizing the Company, with the assistance and oversight of the Sale Advisor (as defined below) and KPMG Inc. in its capacity as court-appointed Monitor (the “Monitor”), to implement the SISP in accordance with the approved procedures.
defenseworld.net
Feb 10
Canacol Energy (OTCMKTS:CNNEF) Share Price Passes Below Fifty Day Moving Average – Here’s Why
Canacol Energy Ltd (OTCMKTS:CNNEF - Get Free Report) crossed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $0.57 and traded as low as $0.0150. Canacol Energy shares last traded at $0.06, with a volume of 25,873 shares trading hands. Canacol Energy Trading Down 14.3% The
