on LNG Energy Group Corp. (CVE:LNGE)
LNG Energy Group Seeks Second OSC Order for Private Placement Continuation
LNG Energy Group Corp. announced that the partial revocation order from the Ontario Securities Commission (OSC), issued on April 23, ended on July 22, 2026. However, the Company still faces a cease trade order due to outstanding documents. Their private placement financing has drawn strong interest but is incomplete. LNG Energy Group plans to apply for a second partial revocation order to continue the private placement. The proceeds will address various corporate needs, including the filing of documents, covering associated fees, and funding operational expenses.
The Company highlights no assurance that the OSC will grant this order. Pending funds from subscribers will remain in trust until the order is secured. It's important to note that the U.S. Securities Act restricts the offering and sale of the mentioned securities in the United States. This announcement does not constitute an offer to sell or solicit investments where unlawful.
R. H.
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