Nachrichten und Videos - FEC RESOURCES INC. FECOF

Vancouver, British Columbia--(Newsfile Corp. - October 29, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") announces a number of changes to the Company's Board of Directors and management roles which will be effective October 30, 2020. Mr. Paul Wallace has resigned as President, Chief Executive Officer and Chief Financial Officer of the Company. Mr. Wallace will continue to serve as a non-executive director of the Company. Mr. Daniel Stephen Carlos has been appointed to the...

Vancouver, British Columbia--(Newsfile Corp. - October 19, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") provides the following response that PXP Energy Corporation ("PXP") provided to the Philippine Stock Exchange in response to the recent stock trading activity. "We reply to your letter dated 16th October 2020 with Ref. No.: OSD-20-0406, received by PXP Corporation (the "Company" or "PXP") on the same date, noting an unusual price movement in the trading of PXP shares...

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") regrettably announces that Mr. Lyle Brown will be retiring from the board of the Company for health reasons effective October 31, 2020. Mr. Brown currently acts as an independent non-executive director and Chairman of the Company's Audit Committee. Paul Wallace, President stated: "We were fortunate indeed to have Lyle join us in 2013. He offered an independent mindset...

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") wishes to advise the market that it has become aware of media reports in the Philippines, which if correct, will potentially impact the Company's investment in Forum Energy Limited and its main asset Service Contract 72. Please refer to the link below which states that "Energy Secretary Alfonso Cusi said a "resume-to-work" notice has already been issued to contractors...

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") announces today that it completed its previously announced Rights Offering on July 31, 2020, receiving gross proceeds of approximately US$846,750, and converted into equity the Rights Offering Advance of US$170,111 previously received from PXP Energy Inc. ("PXP"), details of which were announced by the Company on April 14, 2020. This has resulted in the Company issuing a...

Vancouver, British Columbia--(Newsfile Corp. - July 24, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") wishes to clarify the terms of its previously announced rights offering. As announced, each eligible shareholder of record will receive 40 rights for every 20 shares they own on the record date. To further clarify, a minimum of 20 shares are required to participate in the offering and participation will only be accepted for multiples of 20 shares so that no fractional rights or shares...

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") announces today that its Board of Directors has fixed July 3, 2020 as the record date (the "Record Date") and July 31, 2020 as the expiry date (the "Expiry Date") of its previously approved offering to its existing shareholders (the "Rights Offering") of transferrable rights ("Rights") to purchase additional common shares of the Company ("Common Shares") to raise gross proceeds of up to...

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2020) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") is pleased to announce that on April 14, 2020 Forum Energy Limited ("FEL") completed a fund raising of US $2,500,000 which was achieved by FEL issuing new shares at a price of US $0.30 each. FEC was able to participate in the FEL fund raising thereby maintaining its 6.8% interest in FEL at a cost of approximately US$170,000. The Company is grateful to PXP Energy Inc. ("PXP") who advanced...

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") announces today that its Board of Directors has approved an offering to its existing shareholders (the "Rights Offering") of non-transferrable rights ("Rights") to purchase additional common shares of the Company ("Common Shares") to raise gross proceeds of up to approximately US$1,841,147. In connection with the Rights Offering, the Company has filed with the U.S. Securities &...

North Sydney, Australia--(Newsfile Corp. - May 17, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") reports that it has been advised by Mr. Paul Wallace that he has resigned from the board of directors of Forum Energy Limited effective May 31, 2019. On behalf of the Board of, FEC Resources Inc. Paul Wallace Director For more information please e-mail [email protected] or visit the FEC Resources website at www.FECResources.com . To view the source version of this press release, please...

A FEC complaint alleged that Rep. Alexandria Ocasio-Cortez (D-N.Y.) and her campaign manager ran a “subsidy scheme.” Amidst recent allegations, Joe Biden ......

North Sydney, Australia--(Newsfile Corp. - January 24, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC" or the "Company") is pleased to announce the revocation of the cease trade orders (the " CTOs ") issued by the Alberta Securities Commission (the " ASC ") on May 5, 2016 and by the British Columbia Securities Commission on May 16, 2016 following the Company's application for a revocation of the CTOs and the ASC having completed a review of FEC's continuous disclosure filings. On behalf of...

North Sydney, Australia--(Newsfile Corp. - January 18, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") reports that it has amended and restated and filed Management Discussion and Analysis ("Amended and Restated MD&A") for the third quarter ended September 30, 2018. This Amended and Restated MD&A was filed at the request of the Alberta Securities Commission following their review of FEC's continuous disclosure filings. The nature and substance of the principal changes reflected in the...

North Sydney, Australia--(Newsfile Corp. - January 4, 2019) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") provides the attached map to aid shareholders in gaining an understanding of the relevant geographical location of the various Philippine oil and gas properties in which FEC has an interest in at December 31, 2018 through its 6.8% shareholding in Forum Energy Limited. The map also shows two properties, SC 74 and SC 75, in which FEC's parent company, PXP Energy Corporation holds a direct...

North Sydney, Australia--(Newsfile Corp. - December 27, 2018) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") wishes to advise shareholders that it has today been made aware that Forum Energy Limited through Forum (GSEC101) Limited has sent a formal letter of request to the Department of Energy in the Philippines to lift the Force Majeure imposed on Service Contract 72 Recto Bank. An extract from the letter provided to the Philippine Stock Exchange reads as follows: " December 21, 2018 PHILIPPINE...

North Sydney, Australia--(Newsfile Corp. - November 28, 2018) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") advises shareholders that FEC management has now received a copy of the Memorandum of Understanding on Cooperation on Oil and Gas Development between the Government of the Republic of the Philippines and the Government of the People's Republic of China and dated November 20, 2018 (the "MOU"). The MOU states that the aforesaid governments "… h ave decided to negotiate on an expedited...

North Sydney, Australia--(Newsfile Corp. - November 21, 2018) - FEC RESOURCES INC. (OTC Pink: FECOF) ("FEC") advises shareholders of reports in the media about a memorandum of understanding (the "MOU") entered into between the Philippines and China related to the joint exploration for energy resources in the West Philippine Sea. Media reports indicate that the MOU was entered into during President Xi Jinping's visit to the Philippines and that the MOU was an "exploration to find a solution" on...

'Russia Hoax' author Gregg Jarrett and former FEC chairman Bradley Smith join 'Life, Liberty & Levin' to discuss campaign finance laws....

National Legal and Policy Center President Peter Flaherty on the complaints filed with the Federal Election Commission over Rep. Maxine Waters', (D-Calif.)...

MONTREAL, June 15, 2018 (GLOBE NEWSWIRE) -- Kathy Baig, Eng., FEC, has been re-elected President by acclamation of the 98th Board of Directors of the Ordre des ingénieurs du Québec, which met for the first time this morning. This is the second 2-year term for Ms. Baig, who has been an OIQ Board member since 2013 and was elected President of the OIQ for the first time in 2016. Ms. Baig is the fourth women to hold this position since the OIQ was created in 1920. Ms. Kathy Baig will preside over...