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Press Release April 6 2015

EastSiberian Plc Announces Closing of First Tranche of Private Placement ST. HELIER, JERSEY, April 6, 2015 – EastSiberian Plc (TSXV NEX: ESB.H) (“EastSiberian” or the “Corporation”), a Jersey company, is pleased to announce that the first tranche of its previously announced non-brokered private placement closed on April 2, 2015, pursuant to which it has issued an aggregate of 20,806,945 common shares at a price of $0.05 per common share for …Read More

Press Release April 1 2015

EastSiberian Plc Announces Planned Closing of Private Placement ST. HELIER, JERSEY, April 1, 2015 – EastSiberian Plc (TSXV NEX: ESB.H) (“EastSiberian” or the “Corporation”), a Jersey company, announces that it intends to close its previously announced nonbrokered private placement of common shares for aggregate proceeds of up to $1,500,000 at an issue price of $0.05 per common share in two or more tranches. The first tranche is expected to close …Read More

Press Release March 19 2015

EastSiberian Plc signs Cooperation Agreement with Petronic Regarding Oil and Gas Opportunities in Nicaragua ST. HELIER, JERSEY, March 19, 2015 – EastSiberian Plc (TSXV NEX: ESB.H) (“EastSiberian” or the “Corporation”), a Jersey company, announces that it has signed a cooperation agreement (a letter of intent) with Empresa Nicaraguense del Petróleo, the Nicaraguan national oil company (“Petronic”) with the intention of finding ways to cooperate in oil and gas activities in …Read More

Press Release January 21 2015

EastSiberian Plc (TSX NEX: ESB.H) Reports Interim Financial Results for the period ended November 30, 2014 ST. HELIER, JERSEY, January 21, 2015 – EastSiberian Plc (“EastSiberian” or the “Corporation”) a Jersey company, reports its unaudited financial results for the period ended November 30, 2014. EastSiberian has filed its Interim Consolidated Financial Statements for the period ended November 30, 2014 and its Management’s Discussion and Analysis (“MD&A”) on www.sedar.com. SELECTED FINANCIAL …Read More

EastSiberian Plc Announces Increase to Private Placement and Shares for Debt Transactions

ST. HELIER, JERSEY, September 8, 2014 – EastSiberian Plc (TSX NEX: ESB.H) (“EastSiberian” or the “Corporation“), a Jersey company, is pleased to announce that it has determined to increase the non- brokered private placement previously announced on June 30, 2014. The private placement now consists of the issuance of up to 30,000,000 common shares (the “Common Shares“) of the Corporation at a price of $0.05 per share for aggregate gross …Read More

EastSiberian Plc Announces Closing of Shares for Debt Transactions, Resignation of CEO and Appointment of Interim CFO

ST. HELIER, JERSEY, October 14, 2014 – EastSiberian Plc (TSX NEX: ESB.H) (“EastSiberian” or the “Corporation“), a Jersey company, today announces that it has issued an aggregate 8,914,320 common shares to current and former directors and officers of the Corporation and consultants to the Corporation, to settle an aggregate $445,716 indebtedness, which represents a portion of outstanding amounts owing by the Corporation to such directors, officers and consultants. This share …Read More

Financial Instrument

The fair value of the Corporation’s financial instruments, including cash and cash equivalents, accounts receivable, and accounts payable and accrued liabilities approximated their carrying values as at August 31, 2014 and 2013. The Corporation is exposed to various risks associated with its financial instruments.  These risks are categorized as market risk, credit risk and liquidity risk.   Market risk is the risk that changes in market conditions, such as commodity prices, …Read More