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Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - March 27, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") is pleased to announce its financial and operating results for the year ended December 31, 2022. Alpine Summit's audited consolidated financial statements and notes, as well as management's discussion and analysis (the "MD&A") and its Annual Report on Form 10-K for the year ended December 31, 2022 will be available under the Company's issuer profile at "www.sedar.com" and "www.sec.gov/edgar", as well as on the Company's website at "www.alpinesummitenergy.com".Craig Perry, Chief Executive Officer, remarked:
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - February 23, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that the Board of Directors is commencing a strategic review of its assets. The Company seeks to facilitate a timely and orderly response to unsolicited inquiries by other upstream oil and gas companies who have expressed interest in acquiring various assets of the Company. The goal of the review is to maximize shareholder value and better position the Company for long-term stability and growth.Given the Company's decision to initiate this strategic review, alongside the historic volatil
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - February 1, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") is pleased to announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of US$0.0315 per subordinate voting share for the month of February 2023. Simultaneously with declaring the dividend on the subordinate voting shares, the directors also declared a dividend on the Company's multiple voting shares equal to US$3.15 per share and a dividend on the Company's proportionate voting shares equal to US$0.0315 per share.The dividend is pa
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - June 21, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that its Board of Directors unanimously voted to conclude its previously announced asset sale process, which was being conducted by Stephens Inc. ("Stephens").Beginning on March 8, 2023, Stephens broadly solicited expressions of interest in a sale of various strategic, highly productive assets recently developed and proven by the Company. After considering several bids, the Company's Board of Directors concluded that the bids were not reflective of the value of the underlying assets and it wa
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that it issued 19,494,709 Class A subordinate voting shares ("Subordinate Voting Shares") of the Company upon the redemption (the "Redemption") by a majority of the holders of Class B non-voting units of ("Units") of HB2 Origination, LLC ("Origination"), a subsidiary of Alpine Summit. An additional 15,947 Subordinate Voting Shares were issued in connection with the mandatory conversion of the outstanding Class C proportionate voting shares ("Proportionate Voting Shares") as a result of the Rede
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - May 26, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that shareholders approved all proposals put forth at the Company's Annual General Meeting of Shareholders (the "Meeting") held on May 25, 2023, including the re-election of all five directors of the Company, amendments to the Company's Deferred Share Unit Plan, and the reappointment of Weaver and Tidwell, LLP, as the independent registered public accounting firm of the Company. Detailed results of the proposals considered at the Meeting are disclosed in the Report of Voting Results filed under
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that it received relief of a Force Majeure notice from its major midstream partner in South Texas which began on April 13, 2023. The notice specified that conditions were restored and operations had returned to normal as of May 15, 2023. Although these matters have been resolved, the Company still expects that the downtime associated with this force majeure event will have a significant impact on the Company's Q2 2023 results.About Alpine Summit Energy Partners, Inc.Alpine Summit is a U.S. ba
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - May 15, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2023. Alpine Summit's unaudited condensed consolidated financial statements and notes, as well as management's discussion and analysis (the "MD&A") and its Quarterly Report on Form 10-Q for the three months ended March 31, 2023 will be available under the Company's issuer profile at www.sedar.com and www.sec.gov/edgar, as well as on the Company's website at www.alpinesummitenergy.com.Craig Perry, Chief Executive Off
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - May 10, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that it received notice of a "force majeure" from its major midstream provider in South Texas which began on April 13, 2023 and continues to restrict production. The force majeure event is attributed to unplanned outages at facilities downstream of the system, with the result that capacity on the system has been limited and the Company's allocated volumes in that area have been reduced by approximately 70%. The notice did not provide a timeline for resolution of this issue. Although the mid
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - April 21, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that Chris Nilan has resigned as Senior Managing Director of Capital Markets, effective April 21, 2023, to pursue a new employment opportunity in commercial real estate finance.Craig Perry, Chief Executive Officer of the Company, commented: "We would like to thank Chris for his extensive contributions to our Company over the past two years and wish him the best in his new pursuits. Since we do not expect to rely on capital markets access moving forward, we will not be seeking a replacement f
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - March 27, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") is pleased to announce its financial and operating results for the year ended December 31, 2022. Alpine Summit's audited consolidated financial statements and notes, as well as management's discussion and analysis (the "MD&A") and its Annual Report on Form 10-K for the year ended December 31, 2022 will be available under the Company's issuer profile at "www.sedar.com" and "www.sec.gov/edgar", as well as on the Company's website at "www.alpinesummitenergy.com".Craig Perry, Chief Executive Officer, remarked:
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - March 8, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced the hiring of Stephens Inc. as its financial advisor to pursue an asset sale for various strategic, high producing assets recently developed and proven by the Company. Proceeds of such sale are expected to retire existing liabilities as well as place additional capital on the Company's balance sheet.The Company hopes to conclude the sale process before the end of the second quarter of 2023 and will provide updates as appropriate.About Alpine Summit Energy Partners, Inc.Alpine Summit is a U.S.
Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - March 3, 2023) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that Darren Tangen has resigned from its Board of Directors ("Board"), including its Compensation, Audit and Operations and Reserves Committees, effective March 2, 2023. Mr. Tangen accepted a new employment opportunity that precludes his participation on the Board.James Russo has been appointed as a member of the Board as well as the Compensation, Audit and Operations and Reserves Committees to fill the vacancy created by Mr. Tangen's resignation.Mr. Russo has over twenty-five years of fixed i
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Alpine Summit Energy (NASDAQ:ALPS) reported $195.60 million in sales this quarter.
Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") today announced that the Board of Directors is commencing a strategic review of its assets. The Company seeks to facilitate a timely and orderly response to unsolicited inquiries by other upstream oil and gas companies who have expressed interest in acquiring various assets of the Company. The goal of the review is to maximize shareholder value and better position the Company for long-term stability and growth. Given the Company's decision to initiate this strategic review, alongside the historic volatility in natural gas prices, the Board of Directors of the Company has deemed it prudent to sus