Past year: ▲ 28567%(0.03c – 10.0c USD)
Each one in plain English, with the numbers worked through for a shareholder.
12 Oct 2017capital raising announcement● NeutralMajor
Newly renamed SQTX detailed plans for a small private placement (up to $1.5 million) and a much larger future $150 million capital raise to build high-purity-quartz-sand factories in Australia and Texas - ambitious plans for a company whose own books showed just $66 in total assets against $286,500 in liabilities.
5 Sept 2012capital raising announcement● Neutral
Vanguard Energy's note-selling program continued: cumulative sales reached $5.18 million for cash plus $3.08 million exchanged for 2010-vintage notes (now down to a $325,000 balance), placed through Northland Capital Markets, MLV & Co and GVC Capital.
6 Aug 2012capital raising announcement● Neutral
Vanguard Energy sold more of the same secured convertible notes: $3.8 million for cash plus $3.05 million exchanged for notes originally sold in 2010, paying down that older note balance to $350,000.
9 July 2012capital raising announcement● NeutralMajor
An amended filing confirming that Vanguard Energy Corporation (the oil company this registrant was then) sold $5.91 million of 15% secured convertible notes on June 29 and July 6, 2012; they mature June 30, 2015 and convert at $1.25/share. $3.31 million was new cash and $2.6 million was rolled over from the November 2010 notes; placement agents received a $427,900 commission and 461,000 warrants exercisable at $1.55 until June 30, 2017. Proceeds are meant for drilling in Southeast Texas and repaying any 2010 notes still outstanding at October 31, 2012. It also reports seven producing wells in Batson Dome, about 200 barrels a day net, and a new lease in Hull-Daisetta. This continues the July 6 note sale already summarised, and the secured debt is the kind later tied to the 2014 asset sale (inference from the existing context).
6 July 2012capital raising announcement● NeutralMajor
As Vanguard Energy Corporation (an operating Houston oil and gas company, years before its later pivot to quartz/solar), the company sold $5.91 million of 15%-interest secured convertible notes to private investors, maturing 2015 and convertible at $1.25/share.
