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| Date | 24 Jan 2022 |
| Time | 07:00:16 |
| Category | Director/PDMR dealings |
| ID | 3035Z |
SOUTHERN ENERGY CORP. ANNOUNCES
DIRECTOR SHARE PURCHASE
Calgary, Alberta - January 24, 2022 - Southern Energy Corp. ("Southern" or the "Company") (SOU: TSXV) (AIM:SOUC) announces the following purchases of Company common shares. The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the applicable transaction.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Steven Smith |
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2. |
Reason for the notification |
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a) |
Position/status |
Director |
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b) |
Initial notification /Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Southern Energy Corp. |
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b) |
LEI |
213800R25GL7J3EBJ698 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Common shares in Southern Energy Corp. |
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Identification code |
CA8428133059 |
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b) |
Nature of the transaction |
Purchase of common shares on the open market |
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c) |
Price(s) and volume(s) |
200,000 common shares at a price of CAD0.4088 |
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d) |
Aggregated information |
N/A |
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e) |
Date of the transaction |
18 January 2022 |
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f) |
Place of the transaction |
Toronto Stock Exchange |
For further information, please contact:
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Southern Energy Corp. Ian Atkinson (President and CEO) Calvin Yau (VP Finance and CFO) |
+1 587 287 5401 +1 587 287 5402
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Strand Hanson Limited - Nominated & Financial Adviser James Spinney / James Bellman
Hannam & Partners - Joint Broker Samuel Merlin / Ernest Bell
Canaccord Genuity - Joint Broker Henry Fitzgerald-O'Connor / James Asensio |
+44 (0) 20 7409 3494
+44 (0) 20 7907 8500
+44 (0) 20 7523 8000
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Camarco James Crothers, Billy Clegg, Daniel Sherwen |
+44 (0) 20 3757 4980 |
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About Southern Energy Corp.
Southern Energy Corp. is a natural gas exploration and production company. Southern has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. Our management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques.