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CANARGO ENERGY CORP

US:CANRQ
No current share price held for this company.

Past year: ▼ 90%(0.30c – 5.00c USD)

Market cap
—
Shares on issue
—
Story beats
38 since 2001
Last event
14 Jan 2010

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

23 Dec 2004debt financing● Neutral

On December 21, 2004 CanArgo and Cornell Capital Partners amended the $1,500,000 promissory note dated May 19, 2004 so that accrued interest is paid in cash only. The filing does not say what the previous interest terms were.

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24 Nov 2004substantial holder notice● Neutral

Parsimony Limited, Luca Padulli reported no remaining CANARGO ENERGY CORP shareholding in its periodic institutional filing.

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24 Nov 2004substantial holder notice● Neutral

Parsimony Limited, Luca Padulli disclosed a new substantial CANARGO ENERGY CORP shareholding (7.93% of votes).

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24 Nov 2004substantial holder notice● Neutral

Persistency, Luca Padulli disclosed a new substantial CANARGO ENERGY CORP shareholding (7.07% of votes).

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23 Nov 2004securities registration● Neutral

CANARGO ENERGY CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

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15 Nov 2004late filing notice▼ Bad

CANARGO ENERGY CORP notified the SEC that its quarterly report would be filed late.

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28 Oct 2004securities registration● Neutral

CANARGO ENERGY CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

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7 Oct 2004debt financing▲ GoodMajor

After CanArgo raised US$37.5 million gross in a global public offering on September 22, 2004, repayment of its short-term loans was triggered. It repaid the £170,000 CA Fiduciary loan on September 28 and Mr Ozturk's original US$1 million loan on September 30; his additional $1 million convertible loan and the warrant agreements remain in place.

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6 Oct 2004capital raising announcement● NeutralMajor

On September 30, 2004 CanArgo issued 6 million restricted shares (valued at US$4,320,000 at that day's closing price) to NPET Oil Limited in exchange for NPET's 25% interest in CanArgo Norio Limited. This raises CanArgo's stake in that subsidiary (previously 64.2%, per the July 2003 release) at the cost of issuing new shares.

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28 Sept 2004director interest notice● Neutral

CANARGO ENERGY CORP director Nils N Trulsvik received 255,000 shares as an equity award and bought 62,000 shares on the open market.

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28 Sept 2004director interest notice● Neutral

CANARGO ENERGY CORP President and CEO David Robson received 1,500,000 shares as an equity award and bought 200,000 shares on the open market.

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28 Sept 2004director interest notice● Neutral

CANARGO ENERGY CORP Corporate Secretary Elizabeth Anne Landles received a stock option grant for 510,000 shares.

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28 Sept 2004director interest notice● Neutral

CANARGO ENERGY CORP CFO Charles Vincent Mcdonnell received 900,000 shares as an equity award and bought 200,000 shares on the open market.

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28 Sept 2004director interest notice● Neutral

CANARGO ENERGY CORP director Jeffrey Frederick Russell Hammond received 255,000 shares as an equity award and bought 100,000 shares on the open market.

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28 Sept 2004director interest notice● Neutral

CANARGO ENERGY CORP director Christopher Michael Ayre received 255,000 shares as an equity award and bought 90,000 shares on the open market.

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20 Sept 2004securities registration● Neutral

CANARGO ENERGY CORP filed a prospectus supplement for an offering off its existing shelf.

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20 Sept 2004securities registration● Neutral

CANARGO ENERGY CORP filed a prospectus supplement for an offering off its existing shelf.

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2 Sept 2004securities registration● Neutral

CANARGO ENERGY CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

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31 Aug 2004securities registration● Neutral

CANARGO ENERGY CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

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31 Aug 2004capital raising announcement● NeutralMajor

On August 27, 2004 CanArgo borrowed a further $1,000,000 from Salahi Ozturk, repayable in two years and one day and convertible into shares at $0.69 each (not before one year), and extended his April 2004 loan to one year and one day. He gets a new warrant for 2,000,000 shares at $0.63 replacing his earlier 1,000,000-share warrant at $1.05; conversion and the warrant could add shares for existing holders to absorb.

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1 July 2004securities registration● Neutral

CANARGO ENERGY CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

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19 May 2004securities registration● Neutral

CANARGO ENERGY CORP registered a securities offering with the SEC using its shelf eligibility.

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6 May 2004securities registration● Neutral

CANARGO ENERGY CORP registered a securities offering with the SEC using its shelf eligibility.

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19 Apr 2004listing compliance notice▲ GoodMajor

the American Stock Exchange certified CANARGO ENERGY CORP's securities for listing, clearing them to begin trading.

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31 Mar 2004late filing notice▼ Bad

CANARGO ENERGY CORP amended its notice to the SEC that its annual report would be filed late.

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30 Mar 2004late filing notice▼ Bad

CANARGO ENERGY CORP notified the SEC that its annual report would be filed late.

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16 Mar 2004director interest notice● Neutral

CANARGO ENERGY CORP director Jeffrey Frederick Russell Hammond exercised options for 500,000 shares and sold 500,000.

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16 Mar 2004director interest notice● Neutral

Christopher Michael Ayre became a CANARGO ENERGY CORP director and company insider (initial ownership filing).

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16 Mar 2004director interest notice● Neutral

CANARGO ENERGY CORP director Nils N Trulsvik exercised options for 250,000 shares and sold 250,000.

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16 Mar 2004director interest notice● Neutral

Christopher Michael Ayre became a CANARGO ENERGY CORP director and company insider (initial ownership filing).

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