Latest news with #Vliet
Yahoo
13-05-2025
- Business
- Yahoo
New Zealand Energy Corp. Announces Agreement to Cancel Outstanding Loan
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that, further to its July 20, 2021, August 16, 2021, July 18, 2022, October 31, 2022, April 6, 2023 and October 20, 2023 news releases, in connection with the CAD$2,000,000 loan agreement (the "Loan") plus accrued interest of CAD $753,997, currently held by Vliet Financing B.V. ("Vliet"), the Company has entered into an agreement (the "Agreement") dated May 8, 2025, with Vliet, to terminate the Loan in exchange for the payment by the Company to Vliet of CAD$500,000 and the issuance of 1,000,000 common shares of NZEC. In the event that the Company has been unable to make the payments to Vliet on or before July 31, 2025, Vliet has agreed to extend the maturity date of the Loan to September 20, 2026. In addition, pursuant to the Agreement, the Loan has been amended to be non-convertible. The Agreement is subject to a partial or full revocation of the existing failure to file cease trade order issued by the British Columbia Securities Commission on May 6, 2025, and subject to approval of the TSX Venture Exchange. Vliet is a company controlled by Frank Jacobs, Chairman and a director of NZEC, and therefore the termination of the Loan pursuant to the Agreement is a related party transaction for the purposes of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (the "Related Party Policies"). NZEC has determined that exemptions from the various requirements of the Related Party Policies are available in connection with the Agreement (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than $2,500,000). On behalf of the Board of Directors "Michael Adams" CEO New Zealand Energy ContactsTel: +64-6-757-4470Email: info@ Website: Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. In particular, this news release contains forward-looking information regarding: the business of the Company, including future plans and objectives, the Loan and the Agreement. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects NZEC's current beliefs and is based on information currently available to NZEC and on assumptions NZEC believes are reasonable. These assumptions include, but are not limited to: the underlying value of NZEC and its common shares, TSX Venture Exchange approval of the Agreement; NZEC's current and initial understanding and analysis of its projects and the development required for such projects; the costs of NZEC's projects; NZEC's general and administrative costs remaining constant; and the market acceptance of NZEC's business strategy. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NZEC to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; industry condition; volatility of commodity prices; imprecision of reserve estimates; environmental risks; operational risks in exploration and development; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation, including environmental legislation, affecting NZEC; the timing and availability of external financing on acceptable terms; and lack of qualified, skilled labour or loss of key individuals. A description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in NZEC's disclosure documents on the SEDAR+ website at Although NZEC has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of NZEC as of the date of this news release and, accordingly, is subject to change after such date. However, NZEC expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law. To view the source version of this press release, please visit
Yahoo
13-05-2025
- Business
- Yahoo
New Zealand Energy Corp. Announces Agreement to Cancel Outstanding Loan
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that, further to its July 20, 2021, August 16, 2021, July 18, 2022, October 31, 2022, April 6, 2023 and October 20, 2023 news releases, in connection with the CAD$2,000,000 loan agreement (the "Loan") plus accrued interest of CAD $753,997, currently held by Vliet Financing B.V. ("Vliet"), the Company has entered into an agreement (the "Agreement") dated May 8, 2025, with Vliet, to terminate the Loan in exchange for the payment by the Company to Vliet of CAD$500,000 and the issuance of 1,000,000 common shares of NZEC. In the event that the Company has been unable to make the payments to Vliet on or before July 31, 2025, Vliet has agreed to extend the maturity date of the Loan to September 20, 2026. In addition, pursuant to the Agreement, the Loan has been amended to be non-convertible. The Agreement is subject to a partial or full revocation of the existing failure to file cease trade order issued by the British Columbia Securities Commission on May 6, 2025, and subject to approval of the TSX Venture Exchange. Vliet is a company controlled by Frank Jacobs, Chairman and a director of NZEC, and therefore the termination of the Loan pursuant to the Agreement is a related party transaction for the purposes of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 (the "Related Party Policies"). NZEC has determined that exemptions from the various requirements of the Related Party Policies are available in connection with the Agreement (Formal Valuation - Issuer Not Listed on Specified Markets; Minority Approval - Fair Market Value Not More Than $2,500,000). On behalf of the Board of Directors "Michael Adams" CEO New Zealand Energy ContactsTel: +64-6-757-4470Email: info@ Website: Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. In particular, this news release contains forward-looking information regarding: the business of the Company, including future plans and objectives, the Loan and the Agreement. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects NZEC's current beliefs and is based on information currently available to NZEC and on assumptions NZEC believes are reasonable. These assumptions include, but are not limited to: the underlying value of NZEC and its common shares, TSX Venture Exchange approval of the Agreement; NZEC's current and initial understanding and analysis of its projects and the development required for such projects; the costs of NZEC's projects; NZEC's general and administrative costs remaining constant; and the market acceptance of NZEC's business strategy. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NZEC to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; industry condition; volatility of commodity prices; imprecision of reserve estimates; environmental risks; operational risks in exploration and development; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation, including environmental legislation, affecting NZEC; the timing and availability of external financing on acceptable terms; and lack of qualified, skilled labour or loss of key individuals. A description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in NZEC's disclosure documents on the SEDAR+ website at Although NZEC has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of NZEC as of the date of this news release and, accordingly, is subject to change after such date. However, NZEC expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law. To view the source version of this press release, please visit Sign in to access your portfolio
CBC
02-03-2025
- Health
- CBC
Q&A: Edmonton death educator breaks taboos on end-of-life planning
An Edmonton woman has made her career out of talking about death. Gina Vliet, an Edmonton-based death educator and certified executor advisor, is dedicated to demystifying end-of-life topics. She offers education on funeral practices, memorialization, wills and estates, probate, and executorship. During a Nerd Nite event in Edmonton last Thursday, Vliet did a presentation, titled "How to Dispose of a Body in Alberta: the Intersection of Organ, Tissue and Body Donation". It addressed the importance of early planning to alleviate stress during grieving, as well as practical steps to ensure one's wishes are known and honoured. This interview has been edited for length and clarity. You call yourself a death educator. So what is that exactly? It's the title I made up for myself. I wanted to take all of the things that I really enjoyed learning about and, basically, educate people on all aspects of mortality — whether that's funeral practices, memorialization, wills and estates, probate and executorship. Why do you feel it's so important for people to be educated about death? I really believe that people need to be informed, so that they can make good decisions about their end-of-life planning. What I realized early on in my consulting in the death field was that most people aren't ready to have those discussions, because they don't know what they don't know. So backing up a little bit and giving them the education they need to make good decisions and know where the risks are and what they need to do. The one universal thing we all share is that we're going to die. So our shared mortality, and acknowledging our mortality, actually allows us to have a better quality of life. What sort of businesses do you run as a death educator? I run an executor school. I teach estate owners and executors how to collaborate and work together and be proactive, so that the transition when someone dies is a lot smoother. It's important to have time and information to think about these things and plan for these things, instead of worrying about talking about it and making decisions when you have to and when you're grieving. If we do it earlier, it becomes a lot easier. Executors also have rights and they need to know what the risks are of taking on that role. People will do [the job] without having any idea what they're getting themselves into. How do you approach these darker topics in a lighthearted and fun way? I use a lot of humour. I'm a bit reverent as to how I approach the world. It's really important when you're starting to talk about your mortality, if it's something that you fear or if you've got a bit of a death phobia, that we start with the theoretical instead of just focusing on our own death. Someone can approach this subject with their loved ones by talking about a celebrity death, and that allows people time to come to the understanding that we're all mortal. What were some things that really surprised you when you first got into this area? I assumed that people were ready to have these conversations. What I learned very early on, in my one-on-one consults, was that people were not ready. And there was nowhere out there for people to learn about the basics of the funeral industry so that they can make good decisions, or what really happens with a will, or with probate. There's a lot of misinformation out there. We take a lot of our cues from American social media and television, and of course our systems are very different. So, demystifying and making it accessible to people, especially because grief doesn't get our brains working the way it should.
