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Below is a collection of articles or blogs gathered from various sources that may or may not assist you in any due diligence on the Company, its projects, the local region, current events, or recent history. The particulars contained herein were gathered from a variety of sources believed to be reliable but may be incomplete, and/or contain forward looking statements and therefore are not guaranteed by Montello Resources Ltd. or its US Operation Subsidiary. Opinions expressed herein do not necessarily reflect those of either company or its personnel. Any news releases, articles, blogs and comments below, should not be construed as a solicitation offer to buy or sell any securities mentioned herein. Any Securities possibly discussed may not necessarily be suitable to all types of investors, so it is important to do due diligence and speak to a qualified Investment Advisor re your particular situation. We seek Safe Harbour.
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Fri Dec 23, 2011
Montello Announce update on reinstatement process
CALGARY, ALBERTA - Montello is pleased to update its shareholders that the company has now signed an agreement with a private company to assist Montello in finally bringing on production in the Pincher Creek area. This agreement will provide the company with the necessary funds to participate in follow-up projects in its focus area.
Another important direct result of this agreement is that the company is now in a position to proceed with its business plan and to present the same to t... (6 KB) |
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Thu Jul 7, 2011
Montello Provides Further Reinstatement Update
CALGARY, ALBERTA - Montello is pleased to update its shareholders on the progress since its last news release of April 27, 2011 where the Company disclosed that it was in discussions with several financially strong groups interested in becoming a strategic partner with Montello.
Strategic partner
Montello has identified a party that is interested in making a significant strategic investment in the Pincher Creek field including acquiring majority ownership and taking on oper... (7 KB) |
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Tue Mar 8, 2011
Montello Provides Reinstatement Update
CALGARY, ALBERTA - Montello is pleased to announce that the company has had its pre-filing conference with the TSX, which occurred on February 28, 2011. The purpose of this conference was to outline the steps to be taken to meet the TSX requirements that will allow the company to trade after its revocation application has been accepted by the Alberta Securities Commission.
Having completed this conference, the company is now in a position to submit its revocation application. One of th... (6 KB) |
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Wed Feb 2, 2011
Montello Files Q1 Financials and Provides Reinstatement Update
CALGARY, ALBERTA - Montello is pleased to announce that as of January 24, 2011, has filed the interim financial statements and MD&A for Q1 and that the reinstatement for trading is now underway. The Company appreciates the patience of its shareholders and is looking forward to the future. The Company was in a position that required a complete overhaul of its financial reporting and this process took much longer than management forecasted.
As the reinstatement process progresses, Montel... (7 KB) |
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Fri Dec 24, 2010
Montello Files July 2010 Annual Filings
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to announce that is has filed its annual filings for the year ended July 31, 2010.
The Annual Financial Statements, Annual Management Discussion and Analysis and Officer Certifications were filed on SEDAR today.
Please be advised that the offices for Montello will be closed over the holidays and will re-open January 4, 2011. During the first week in January 2011, Montello expects to file its Interim Fina... (6 KB) |
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Tue Oct 19, 2010
Montello Pincher Creek and Reinstatement Update
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Pincher Creek
Montello is pleased to announce it anticipates finalizing its sale of a 5% working interest in its Pincher Creek Oil and Gas asset for $250,000 with Tosca Capital in the next 45 days, and is also assisting in final negotiations with the landowners with a view to obtaining the required right of entry to proceed with productio... (7 KB) |
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Thu Sep 16, 2010
Montello settles claim with Pennine and files its quarterly reports
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Montello is pleased to announce it has entered into an agreement with Pennine Petroleum Corporation ("Pennine") (TSXV: PNN) to settle all claims against Pennine and Desmond Smith brought by Montello. This settlement agreement includes non-disclosure and confidentiality provisions and does not reflect any admission by either Pennine or Montello, their affiliates, directors o... (7 KB) |
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Fri Aug 20, 2010
Pincher Creek LOI
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to announce that it has entered into an LOI to sell a portion of its Pincher Creek assets to generate short term financing. Selling assets has been Montello's primary source of funding for the past 12 months due to the Company's inability to secure equity financing due to the economic climate and its inability to restructure due to shareholders voting against a stock consolidation plan at the Company's last ... (7 KB) |
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Tue Jul 27, 2010
Corporate Update
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Montello is pleased to announce that on Monday July 26, 2010 the audit committee met with the Company's auditor to discuss and finalize the July 31, 2009 audited financial statements and related disclosure. The committee approved the financial statements and all adjustments as well as the related disclosure. Montello will now complete the Management Discussion and Analys... (6 KB) |
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Thu Jun 24, 2010
Corporate Update
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Montello advises that further to Montello's corporate update disseminated April 13, 2010, while the audit of the consolidated annual audited financial statements is in the final stages, the process is not as yet complete. The audit being conducted by The Saturna Group is expected to be completed this week.
Upon completion and filing of the annual audited financial stat... (8 KB) |
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Disclaimer: The particulars contained herein were obtained by sources believed to be reliable but may contain forward looking statements and may be incomplete and therefore are not guaranteed by Montello Resources Ltd. or its US Operation subsidiary. Opinions expressed herein do not necessarily reflect those of Montello Resources Ltd personnel. Any comments provided above should not be construed as a solicitation offer to buy or sell any securities mentioned herein. Any Securities possibly discussed may not necessarily be suitable to all types of investors, so it is important to do due diligence and speak to a qualified Investment Advisor re your particular situation.We seek Safe Harbour.
The above as well as various narratives on this web site may contain certain forward-looking statements, including management's assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Corporation's control. Such risks and uncertainties include, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Corporation's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Corporation will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Corporation or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Corporation does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws."
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