HK News

Tariff tantrums hit the broader stock markets last month, leading to the worst May after 2010. Below we discuss these in detail and the impact on the stock world from these events.

HOUSTON, TEXAS, Aug. 07, 2019 -- Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) and its subsidiaries today announced that they filed voluntary.

Halcón Resources Corporation (HK) (“Halcón” or the “Company”) today disclosed that it received notice from the New York Stock Exchange (the “NYSE”) that the average price of its common stock has fallen below the NYSE’s continued listing standard which requires that the average closing price of a listed company’s common stock not be less than $1.00 per share for a period of 30 consecutive trading days. Under NYSE rules, the Company will regain compliance if, during the six month period following receipt of the NYSE notice and on the last trading day of any calendar month, Halcón’s common stock price per share and 30 trading-day average share price is at least $1.00.  During this period, the Company’s common stock will continue to be traded on the NYSE, subject to compliance with other NYSE listing requirements.  Halcón intends to notify the NYSE of its intent to cure this deficiency, to the extent it becomes necessary.

TORONTO , Dec. 9, 2019 /CNW/ - Pangaea Investment Management Limited ("PIM") announces that on December 9, 2019 , pursuant to a sale and purchase agreement (the "Agreement"), PIM sold the entire outstanding issued equity interest of its wholly-owned subsidiary PIM Cupric Holdings Limited ("PCH") to Jiangxi Copper ( Hong Kong ) Investment Company Limited ("JCCHK") (the "Transaction") as part of a reorganization (the "Reorganization"). The Transaction is expected to close on or prior to December 31, 2019 . PCH has direct ownership of 124,198,371 common shares ("Common Shares") of First Quantum Minerals Limited ("FQM"), a company listed on the Toronto Stock Exchange.

Plains All American (PAA) plans to expand Western Corridor Pipeline System's capacity by an additional 70,000 barrels per day.

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Halcón Resources, Inc. (“Halcón” or the “Company”) today announced that its Board of Directors has appointed Richard Little Chief Executive Officer effective June 11, 2019.  Mr. Little fills the CEO vacancy created in February.  James Christmas will continue to serve as Non-Executive Chairman of the Board of Directors.

TORONTO , Dec. 9, 2019 /CNW/ - Jiangxi Copper Company Limited ("JCC") announces that on December 9, 2019 , its wholly-owned subsidiary Jiangxi Copper ( Hong Kong ) Investment Company Limited ("JCCHK") entered into a purchase and sale agreement ("Agreement") pursuant to which it has agreed to purchase the entire equity interest in PIM Cupric Holdings Limited ("PCH") from Pangaea Investment Management Limited ("PIM") ("Transaction"). The Transaction is expected to close on or prior to December 31 , 2019. PCH has direct ownership of 124,198,371 common shares ("Common Shares") of First Quantum Minerals Limited ("FQM"), a company listed on the Toronto Stock Exchange.

HOUSTON, Aug. 02, 2019 -- Halcón Resources Corporation (OTC PINK: HKRS) (“Halcón” or the “Company”) today announced the Company has entered into a Restructuring Support.

Denver, Colorado, July 23, 2019 -- Halcón Resources, Inc. (“Halcón” or the “Company”) today announced that it was notified by the New York Stock Exchange (“NYSE”) that due to.

Moody's Investors Service (Moody's) downgraded Halcon Resources Corporation's (Halcon) Corporate Family Rating (CFR) to Caa2 from B3, its Probability of Default Rating (PDR) to Caa2-PD from B3-PD and the rating on its senior unsecured notes to Caa3 from Caa1.

TORONTO , Oct. 17, 2019 /CNW/ - Pangaea Investment Management Limited ("PIM") announces that on October 16, 2019 , PIM acquired 6,000,000 common shares") ("Common Shares") of First Quantum Minerals Limited ("FQM") on the Toronto Stock Exchange ("Purchase"). Prior to the Purchase, PIM had beneficial ownership of, and control or direction over a total of 68,638,998 Common Shares. This represents approximately 9.956% of the issued and outstanding Common Shares.

Moody's Investors Service (Moody's) downgraded Halcon Resources Corporation's (Halcon) Probability of Default Rating (PDR) to D-PD from Caa2-PD, Corporate Family Rating (CFR) to Caa3 from Caa2 and the rating on its senior unsecured notes to Ca from Caa3. Shortly following this rating action, Moody's will withdraw all Halcon's ratings.

Q4 2019 Battalion Oil Corp Earnings Call