Delphi Energy Corp.

Equities

DEE

CA2471288464

Oil & Gas Exploration and Production

Delayed Toronto S.E. Other stock markets			5-day change	1st Jan Change
- ^CAD	-.--%		-9.09%	-45.31%

2021	Kiwetinohk Resources Corp. completed the acquisition of remaining 48.4% stake in Distinction Energy Corp. from Luminus Management, LLC, certain officers, and directors of Distinction Energy Corp. and Stornoway Portfolio Management Inc.	CI
2021	Distinction Energy Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2021	CI

Delphi Energy : Acquisition of Common Shares of Delphi Energy Corp. by Luminus Delphi Holdings II Ltd. on Exchange of Equity Subscription Receipts

November 27, 2019 at 01:10 pm

VANCOUVER, Nov. 27, 2019 /CNW/ - This press release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an Early Warning Report regarding the acquisition of common shares ("Common Shares") of Delphi Energy Corp. (the "Corporation") upon the exchange of equity subscription receipts ("ESRs"). The Corporation is an Alberta corporation with its securities trading on the Toronto Stock Exchange under the symbol "DEE" and having a head office located at 333 – 7^th Avenue SW #2300, Calgary, Alberta, T2P 2Z1.

On November 26, 2019, Luminus Delphi Holdings II Ltd. ("Luminus"), of 2200 HSBC Building, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8, acquired 5,592,768 Common Shares upon the exchange of 5,592,768 ESRs. The acquisition was completed in connection with the satisfaction of the escrow release conditions in the subscription receipt agreement governing the ESRs, including completion of the plan of arrangement pursuant to section 192 of the Canada Business Corporations Act as part of the Corporation's previously announced recapitalization transaction (the "Recapitalization Transaction").

Immediately prior to the acquisition, Luminus owned 43,194,030 (23.28%) Common Shares of the Corporation. Upon closing of the Recapitalization Transaction, inclusive of the consolidation of the Common Shares on a 15:1 basis as contemplated under the Recapitalization Transaction, Luminus now holds 8,472,370 (46%) Common Shares of the Corporation.

Luminus acquired the securities for investment purposes. Luminus may acquire or dispose of additional securities of the Corporation in the future through the market, privately, or otherwise, as circumstances or market conditions warrant.

A copy of the Early Warning Report disclosing the transaction can be obtained on the Corporation's SEDAR profile at www.sedar.com or from Luminus c/o 1700 Broadway, 26^th Floor, New York , NY, 10019 or phone: Shawn Singh at (212) 424-2889 or e-mail legal@luminusmgmt.com.

SOURCE Luminus Delphi Holdings II Ltd.

Latest news about Delphi Energy Corp.

Kiwetinohk Resources Corp. completed the acquisition of remaining 48.4% stake in Distinction Energy Corp. from Luminus Management, LLC, certain officers, and directors of Distinction Energy Corp. and Stornoway Portfolio Management Inc.	21/09/21	CI
Distinction Energy Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2021	17/08/21	CI
Kiwetinohk Resources Corp. agreed to acquire remaining 48.4% stake in Distinction Energy Corp. from Luminus Management, LLC, certain officers, and directors of Distinction Energy Corp. and Stornoway Portfolio Management Inc.	27/06/21	CI
Transcript : Distinction Energy Corp. - Shareholder/Analyst Call	10/06/21
Distinction Energy Corp. Reports Earnings Results for the First Quarter Ended March 31, 2021	25/05/21	CI
Distinction Energy Corp. Announces $127.5 Million Credit Facility from A Syndicate of Lenders	28/04/21	CI
Distinction Energy Corp. Announces Board Changes	28/04/21	CI
Distinction Energy Corp. and Kiwetinohk Resources Corp. completed the acquisition of Certain multi zone, oil and liquids rich natural gas producing assets in Simonette area of northwest Alberta, including associated infrastructure and additional assets in the Willesden Green and Ferrier areas of Alberta from Ovintiv Canada ULC.	27/04/21	CI
Distinction Energy Corp. Announces Changes to Executive Officers	06/04/21	CI
Distinction Energy Corp. Announces Changes to Executive Officers	06/04/21	CI
Distinction Energy Corp. Announces Changes to Executive Officers	06/04/21	CI
Delphi Energy Corp. Reports Earnings Results for the Full Year Ended December 31, 2020	17/03/21	CI
Delphi Energy Corp. announced that it has received CAD 3.979965 million in funding	23/02/21	CI
Distinction Energy Corp. Announces Strategic Simonette Asset Acquisition	17/02/21	CI
Distinction Energy Corp. and Kiwetinohk Resources Corp. agreed to acquire Certain multi zone, oil and liquids rich natural gas producing assets in Simonette area of northwest Alberta, including associated infrastructure and additional assets in the Willesden Green and Ferrier areas of Alberta from Ovintiv Canada ULC for approximately CAD 340 million.	16/02/21	CI
-Distinction Energy Corp. announces amendment and exercise of warrants issued to Kiwetinohk Resources Corp. and related amendments to Investor Agreement and Management Services Agreement	18/01/21	CI
Transcript : Delphi Energy Corp. - Shareholder/Analyst Call	18/12/20
Delphi Energy Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2020	25/11/20	CI
Delphi Energy Corp. Announces Changes to Director and Executive Personnel	16/10/20	CI
Delphi Energy Corp. Announces Changes to Executive Personnel	16/10/20	CI
Delphi Energy Corp. Appoints P. Eric Gallie as Chief Financial Officer	16/10/20	CI
Delphi Energy Corp. announced that it has received CAD 22.916669 million in funding from Kiwetinohk Resources Corp.	15/10/20	CI
Delphi Energy Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2020	31/08/20	CI
Delphi Energy Corp. announced that it expects to receive CAD 22.9 million in funding from Kiwetinohk Resources Corp.	04/07/20	CI
Canadian banks ease credit rules for energy companies to stave off defaults, bankruptcies	16/04/20	RE

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Company Profile

Delphi Energy Corp. is a Canada-based exploration and production company. The Company is focused on the development and value optimization of its high tight rock natural gas Montney play. The Companys core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta. The Company is an owner of two properties where it conducts its operations. Bigstone Montney property is located approximately 150 kilometers southeast of the city of Grande Prairie Alberta. The Cretaceous Gething formation at Bigstone offers horizontal development potentialand natural gas production from these shallower Cretaceous zones.

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Oil & Gas Exploration and Production

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