VANCOUVER, BC, June 30,
2023 /CNW/ - NG Energy International Corp.
("NGE" or the "Company") (TSXV: GASX) (OTCQX: GASXF)
announces today that it has filed on SEDAR its annual audited
financial statements for the year ended December 31, 2022, the annual management's
discussion and analysis for the year ended December 31, 2022, and its certification of
annual filings for the year ended December
31, 2022 (collectively, the "Financial Materials").
The Company has also filed on SEDAR its Annual Information Form,
dated June 30, 2023, for the year
ended December 31, 2022, its interim
condensed consolidated financial statements for the three months
ended March 31, 2023 and related
management discussion and analysis for the three months ended
March 31, 2023.
The Company also announces that, with the filing of the
Financial Materials, it has contacted its principal regulator, the
British Columbia Securities Commission, to have the Cease Trade
Order of May 10, 2023 lifted, which
Cease Trade Order ceased trading in the securities of the
Company.
About NG Energy International
Corp.
NG Energy International Corp. is a publicly traded E&P
company on a mission to provide a clean and sustainable solution to
Colombia's energy needs. The
Company intends on executing this mission by producing and bringing
gas to the premium priced Colombian gas market from the blocks,
SN-9, a 311,353 acres block which is adjacent to Canacol's Nelson
field, as well Maria Conchita, a
32,518-acre block located in the region of La Guajira. NGE's team
has extensive technical expertise and a proven track record of
building companies and creating value in South America. For more information, please
visit SEDAR (www.sedar.com) and the Company's website
(www.ngenergyintl.com).
Cautionary Statement Regarding
Forward-Looking Information
Except for the statements of historical fact, this news
release contains "forward-looking information", within the meaning
of applicable Canadian securities legislation that is based on
expectations, estimates and projections as at the date of this news
release. Wherever possible, words such as "anticipate," "believe,"
"expects," "intend" and similar expressions have been used to
identify the forward-looking statements. The forward-looking
information in this news release includes, but is not limited to,
statements regarding the lifting of the Cease Trade Order. The
forward-looking information in this news release reflects the
current expectations, assumptions and/or beliefs of the Company
based on information currently available to the Company. In
connection with the forward-looking information contained in this
news release, the Company has made assumptions that include, but
are not limited to assumptions about the Company's ability to get
the Cease Trade Order lifted. The Company has also assumed that no
significant events will occur outside of the Company's normal
course of business. Although the Company believes that the
assumptions inherent in the forward-looking information are
reasonable, forward-looking information is not a guarantee of
future performance and accordingly undue reliance should not be put
on such information due to the inherent uncertainty therein. These
factors or assumptions are subject to inherent risks and
uncertainties surrounding future expectations generally that could
cause actual results to differ materially from historical results
or results anticipated by the forward-looking statements. Factors
that could cause actual results to differ materially from those
described in such forward-looking information include, but are not
limited to, risks related to the Company's inability to perform the
proposed operations, regulatory approval risk, environmental risk
and additional risks or factors set out in the Company's continuous
disclosure materials filed from time to time with Canadian
securities regulatory authorities, including the Company's annual
and interim Management Discussion & Analysis and Annual
Information Form dated June 30,
2023.
Any forward-looking information speaks only as of the date on
which it is made and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to
update any forward-looking information, whether as a result of new
information, future events or results or otherwise.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this
release.
SOURCE NG Energy International Corp.