News Releases

Gravis Energy Corp Announces Corporate Changes

August 28th, 2015 – Gravis Energy Corp. (the “Company”) is pleased to announce the appointment of Mr. Sang Goo (Collin) Kim to the Board of Directors. Mr. Kim's business experience Company.

Gravis Energy Corp Announces Corporate Changes

January 16th, 2015 – Gravis Energy Corp. (the “Company”) is pleased to announce the appointment of Mr. Stephen B. Toban to the Board of Directors. Mr. Toban has been active in the financial community for more than 20 years working as an investment advisor and more recently as a consultant to Asian based companies.  He has performed an active role in negotiating project acquisitions as well as financing multi-national ventures.

Effective immediately Mr. Ruben S. Verzosa, President and CEO, has stepped down and will be replaced by Ms. Julie Hajduk, a current Director. The Board would like to thank Mr. Ruben S. Verzosa for his contributions to the Company as President and CEO.

ACQUISITION OF SECURITIES OF GRAVIS ENERGY CORP.

March 25, 2014, Seoul, Korea - Jai Woo Lee (“Lee”) announces that he has acquired an aggregate of 500,000 common shares in the capital stock of Gravis Energy Corp. (the “Company”) by way of a private transaction.

GRAVIS ENERGY CORP. ISSUANCE OF COMMON SHARES

December 23, 2013 – Gravis Energy Corp. (the “Company”) pursuant to debt settlement agreements entered into with certain creditors on December 16, 2013, a total of 581,250 Common shares of the Company have been issued. The issuance of the shares satisfies in full the obligations of the Company under the terms of the debt settlement agreements.

News Release

October 23, 2013, VANCOUVER, B.C. - Sun Joo Choi (“Choi”) announces that he has acquired an aggregate of 1,133,333 common shares in the capital stock of Gravis Energy Corp. (the “Company”) by way of shares for debt settlement. 

GRAVIS ENERGY CORP. ISSUANCE OF COMMON SHARES

October 7, 2013 – Gravis Energy Corp. (the “Company”) pursuant to debt settlement agreements entered into with certain creditors on October 1, 2013, a total of 2,669,658 Common shares of the Company have been issued. The issuance of the shares satisfies in full the obligations of the Company under the terms of the debt settlement agreements.

GRANTING OF STOCK OPTIONS

April 1, 2013 – Gravis Energy Corp. (the “Company”) announces that it has granted incentive stock options to purchase up to an aggregate of 1,100,000 common shares to directors, officers and consultants of the Company. The exercise price per share is $0.05 and the expiry date of the options is March 15, 2016. 

GRAVIS ENERGY CORP. COMPLETES PRIVATE PLACEMENT

December 28, 2012 – Gravis Energy Corp. (the “Company”) announces that the Company has completed a private placement of an aggregate of 3,211,441 common shares at a price of $0.06 per share, for total proceeds of $192,686.50. Of the 3,211,441 common shares issued, a total of 1,666,666 common shares are flow-through and the balance of 1,544,775 shares are non-flow through common shares.

LOAN CONVERSION

July 20, 2012 – Gravis Energy Corp. (the “Company”) announces that pursuant to the convertible loan agreement entered into on Apr 30, 2012, a total of 3,364,308 common shares in favor of holders have now been issued. As a result of the issuance of common shares, the Company no longer has outstanding loans to settle with creditors in regard to the above mentioned loan agreement.

CONVERTIBLE LOAN AGREEMENTS

May 9, 2012 – Gravis Energy Corp. (the "Company") announces that it has entered into a convertible loan agreement with two creditors for an aggregate of $201,858.50, which loans are convertible into securities of the Company as follows: (i) up to $150,000 may be converted into up to an aggregate of 2,500,000 flow-through common shares in the capital stock of the Company at a rate of Cdn.$0.06 per share, at the option of the creditor ; and (ii) the balance of $51,858.50 may be converted into up to 864,308 non-flow through common shares in the capital stock of the Company at the option of the creditor.

APPOINTMENT OF CFO AND A NEW DIRECTOR

February 13, 2012 – Gravis Energy Corp. (the "Company") announces the appointment of Nizar Bharmal, CGA to the position of CFO of the Company and the appointment of Julie Hajduk as a director of the Company. Both appointments are effective as of January 25, 2012.

GRAVIS ENERGY CORP. CLOSES A PRIVATE PLACEMENT

January 31, 2011 – Gravis Energy Corp. (CNSX: GVE) (the “Company”) is pleased to announce that the Company has completed its private placement (the “Offering”) of 450,000 units (each, a “Unit” and collectively, the “Units”) in the capital of the Company at a price of $0.10 per Unit for aggregate proceeds of $45,000. Each Unit consists of one common share (each, a "Share" and collectively, the “Shares”) in the capital of the Company and one common share purchase warrant (each, a "Warrant" and collectively, the “Warrants”) in the capital of the Company. Each Warrant entitles the holder thereof to purchase one Share (each, a “Warrant Share” and collectively, the “Warrant Shares”) in the capital of the Company at a price of $0.30 per Warrant Share, at any time from the date of the issue of the Warrants for a period of two years. All of the securities issued pursuant to this Offering will have a hold period expiring four months after the closing date. The aggregate proceeds of this Offering will be used for the purpose of working capital.

GRAVIS ENERGY CORP. ANNOUNCES THE CORRECT EFFECTIVE DATE OF THE PREVIOUSLY DISCLOSED REVERSE TAKE-OVER TRANSACTION

January 31, 2011 – Gravis Energy Corp. (CNSX: GVE) (the “Company”) announces that the Company has retroactively changed its financial year-end from September 30 to March 31 to comply with subsection 4.10(1) of National Instrument 51-102 Continuous Disclosure Obligations, as set out on the Change in Corporate Structure notice as amended and dated January 31, 2011 and filed on SEDAR. The aforementioned year-end change was in connection with a reverse-take over transaction (the “Transaction”) of the Company with Gravis Capital Corporation (“GCC”), which Transaction was completed with an effective date of April 14, 2010.

CHANGE OF DIRECTORS

January 14, 2011 – Gravis Energy Corp. (the "Company") is pleased to announce the appointment of Nizar Bharmal, CGA to the Company's board of directors, effective January 13th.

Mr. Nizar Bharmal has been Chief Executive Officer and Director of a number of companies and has vast experience in the management of publicly listed companies including Coronet Metals Ltd., Anglo-Bomarc Mines Ltd. and First Idaho Resources Inc. He has been the principal of the accounting firm of Nizar Bharmal Inc. since July 1985.

GRAVIS ENERGY CORP. CLOSES A FLOW-THROUGH PRIVATE PLACEMENT

January 6, 2011 – Gravis Energy Corp. (CNSX: GVE) (the “Company”) is pleased to announce that the Company has completed its non-brokered private placement (the “Offering”) of 6,000,000 flow through common shares (each, a “FT Share” and collectively, the “FT Shares”) in the capital of the Company at a price of $0.06 per FT Share for aggregate proceeds of $360,000. The total of 6,000,000 FT Shares issued pursuant to the Offering are subject to a four-month hold period. The aggregate proceeds of this Offering will be used for Canadian exploration expenses.

RESIGNATION OF DIRECTOR

November 18, 2010 – Gravis Energy Corp. announces that Iqbal Boga, C.A., has resigned as a director due to personal commitments, effective November 15, 2010. The Board of Directors wishes to thank Mr. Boga for his contributions to the company and wish him all the best for the future. 

Expenditures at Waterbury Lake Double to $30 Million Over Three Years: Fission & KEPCO Consortium Enter into Definitive Limited Partnership Agreement for the Joint Exploration and Development of the Property

KELOWNA, BRITISH COLUMBIA—(Marketwire - Aug. 24, 2010) - FISSION ENERGY CORP. ("Fission" or the Company') (TSX VENTURE:FIS - News) is pleased to announce that further to its press release dated June 30, 2010, the Company and the Korea Waterbury Uranium Limited Partnership have entered into a definitive Limited Partnership Agreement (the "Partnership Agreement") to further the joint exploration and development of the Waterbury Lake Property located in Saskatchewan's Athabasca Basin (the "Waterbury Property").

Fission & KEPCO Agree to Accelerate Exploration at Waterbury Lake: Expenditures Double to $30 Million Over Three Years

KELOWNA, BRITISH COLUMBIA—(Marketwise - June 30, 2010)- FISSION ENERGY CORP. ("Fission" or the "Company") (TSX VENTURE:FIS - News) announces that further to its news release dated June 21, 2010, additional details can now be provided regarding the Memorandum of Understanding (MOU) with the KEPCO Consortium regarding the Waterbury Lake project in the Athabasca Basin, Saskatchewan. The J-Zone uranium discovery and continued success achieved during the Winter 2010 exploration program has led to a MOU allowing for the acceleration of exploration and development expenditures totalling $30 million over a three year period under a proposed Limited Partnership arrangement.

Gravis Provides Update on Acquisition and Announces Listing on CNSX

May 7, 2010 – Gravis Energy Corp. (formerly Sukari Ventures Corp.) (the “Company”) is pleased to announce the following updates. 

Listing on the Canadian National Stock Exchange 

The Canadian National Stock Exchange (“CNSX”) has accepted the Company’s listing application. Trading in the Company’s common shares will commence at the opening on Monday, May 10, 2010 under the symbol “GVE”.

Closing of Acquisition of Gravis Capital Corporation

The Company had completed the acquisition of Gravis Capital Corporation (“GCC”) and has issued an aggregate of 12,604,025 common shares in its capital stock to the shareholders and creditors of GCC at a deemed price of $0.10 per share (the “Acquisition”). The Company also issued 1,000,000 common shares as a finder’s fee for arranging the acquisition of GCC. GCC holds a 10% interest in a consortium named the “Kepco Consortium” which includes as it members Korea Hydro & Nuclear Power Co. Ltd., Korea Nuclear Fuel Co. Ltd., Hanwha Corporation and Korea Electric Power Corporation. The Kepco Consortium has the exclusive right to earn up to a 50% interest in the Waterbury Lake Uranium Property (the “Property”) located in the Province of Saskatchewan from Fission Energy Ltd (“Fission”) (TSXV:FIS).