The registration statement will include a preliminary joint proxy statement/prospectus which, when finalized, will be sent to the respective stockholders of Viking and Camber seeking their approval of their respective transaction-related proposals. Camber already owns approximately 62% of Viking's issued and outstanding common shares, and the Merger Agreement contemplates, through a reverse triangular merger structure, Camber issuing newly-issued shares of common stock in exchange for the balance of Viking's common stock on a one-for-one basis. Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in Vikings and Cambers publicly filed reports, including Vikings Annual Report on Form 10-K for the year ended December31, 2018, and Cambers Annual Report on Form 10-K for the year ended March 31, 2019. Camber has effected a letter of intent with Houston-based Viking Energy Group Inc. (OTCQB: VKIN) to discuss a deal that . The company's name was changed and a new CEO was brought in to focus the company on energy development. In connection with the proposed merger, Camber will file with the SEC a registration statement on Form S-4 to register the shares of Camber's common stock to be issued in connection with the merger. 2020-10-09 00:00:00. Documents filed with the SEC by Viking will be available free of charge by accessing Viking's website at www.vikingenergygroup.com under the heading "Investors" - "SEC Filings", or, alternatively . Viking Extinguishes $18.9 Million in Debt . If the closing of the Merger occurs (the "Closing"), the Viking equity holders prior to the Merger will own approximately 80% of Camber's issued and outstanding common stock immediately after the Merger, and the Camber equity holders prior to the Merger shall own approximately 20% of Camber's issued and outstanding common stock immediately after the Merger, subject to adjustment mechanisms set out in the Merger Agreement, as amended, and in each case on a fully-diluted, as-converted basis as of immediately prior to the Closing (including options, warrants and other rights to acquire equity securities of Viking or Camber), but without taking into account any shares of common stock issuable to the holder of Camber's Series C Preferred Stock upon conversion of the Series C Preferred Stock. Viking Energy Group - VKIN News Today $0.32 -0.01 (-3.08%) (As of 03/3/2023 12:00 AM ET) Compare Today's Range $0.30 $0.33 50-Day Range $0.29 $0.45 52-Week Range $0.25 $1.24 Volume 23,965 shs Average Volume 30,478 shs Market Capitalization $36.17 million P/E Ratio N/A Dividend Yield N/A Price Target N/A Profile Chart Competitors Earnings Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. Viking Energy and Camber Energy Execute Definitive Merger Agreement :: Viking Energy Group, Inc. (VKIN) Home News & Media Press Releases Viking Energy and Camber Energy Execute. The company just had a merger attempt fall through at the end of 2019. . Separately, the parties entered into a second amendment to the merger agreement to extend the required closing date thereof from June 30, 2020 to September 30, 2020 (subject to further extensions through December 31, 2020, as per the original terms of the merger agreement), however the parties are hoping to close the merger before then if possible. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas. James Doris, President & CEO of Viking, stated, Our company is excited about the proposed merger. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. Camber Energy Signs Agreement to Acquire Oil Companies with ~ $55M in Annual Gross Revenues . Documents filed with the SEC by Viking will be available free of charge by accessing Vikings website at www.vikingenergygroup.com under the heading Investors, or, alternatively, by directing a request by telephone or mail to Viking Energy Group, Inc. at 15915 Katy Freeway, Suite 450, Houston, Texas, 77094, (281) 404-4387, and documents filed with the SEC by Camber will be available free of charge by accessing Cambers website at www.camber.energy under the heading Investors, or, alternatively, by directing a request by telephone or mail to Camber Energy, Inc. at 1415 Louisiana, Suite 3500, Houston, Texas, 77002, (210) 998-4035. It sold much. About Camber: Power Solutions and Clean Energy; Waste Treatment System Using Ozone; . Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. Based in Houston, Texas, Camber Energy (NYSE American: CEI) is a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids in Texas. A copy of the Merger Agreement was included in Viking's and Camber's Current Reports on Form 8-K filed on February 18, 2021, with the Securities and Exchange Commission, and available under "Investors" at www.camber.energy and www.vikingenergygroup.com. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. The company. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the merger when they become available. Item 1.01 Entry into a Material Definitive Agreement. Camber to Increase its Interest in Viking to 100%. Information about Cambers directors and executive officers is available in Cambers Annual Report on Form 10-K for the year ended March 31, 2019. The merged company, Viking Investments Group, focused on developing startups in China. June 16, 2020, 5:30 AM. Viking Energy Group Inc Stock - VKIN Share Price Today, News and Discussion 0.48% QQQ 18.68% 2.54% 132.48% LAZR 1.11% SPCE RETA 1.69% CPNG 0.42% FSLR 3.84% IOVA 4.52% More Advertisement 3rd Party Ad. June 14, 2017. April 11, 2019. Additional Information and Where to Find It. Viking targets undervalued assets with realistic appreciation potential. Volume. December 13, 2021. . Viking targets undervalued assets with realistic appreciation potential. 8-K: Current Report. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the final joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the merger when they become available. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Viking Energy Group, Inc is primarely in the business of crude petroleum & natural gas. The company. Viking targets undervalued assets with realistic appreciation potential. Viking and Camber caution that the foregoing list of important factors is not complete, and they do not undertake to update any forward-looking statements that either party may make except as required by applicable law. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. Information about Viking's directors and executive officers is available in Viking's Annual Report on Form 10-K for the year ended December 31, 2019. Information about Camber's directors and executive officers is available in Camber's Annual Report on Form 10-K for the year ended March 31, 2020 and other public reports, including its Current Report on Form 8-K filed on December 23, 2020. Viking Yacht . As mentioned, Camber owns a 62% stake in Viking, and the two companies have agreed to merge. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. If you are concerned about your investment in Viking Energy Group Inc., The White Law Group may be able to help. Viking targets undervalued assets with realistic appreciation potential. HOUSTON, TX / ACCESSWIRE / February 18, 2021 / Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking") and Camber Energy, Inc. (NYSE American:CEI) ("Camber") are pleased to announce that the parties have entered into a definitive Agreement and Plan of Merger ("Merger Agreement") dated as of February 15, 2021, regarding the full combination of the two entities (the "Merger"). Overview; CEO VLOG; Management Team; Divisions. Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Sign up for Email Alerts. Copy and paste multiple symbols separated by spaces. Viking targets undervalued assets with realistic appreciation potential. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. Camber to Increase its Interest in Viking to 100%. Price. The company. News & Media Press Releases In The News Announces Effectiveness of One-for-Fifty Reverse Stock Split . Viking targets undervalued assets with realistic appreciation potential. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. August 29, 2022. The company. James Doris, President & CEO of the two companies, commented, "We are very pleased with the transactions that have been completed between Camber and Viking in the last 60 days, and are excited about this final step to fully combine the two entities, which we believe will put the organization in an even better position to increase stakeholder value.". Viking, Camber and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the respective stockholders of Viking and Camber in respect of the proposed merger under the rules of the SEC. Investors should read the final joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Important factors that may cause actual results and outcomes to differ materially from those contained in such forward-looking statements include, without limitation, the occurrence of any event, change or other circumstances that could give rise to the parties failing to complete the merger on the terms disclosed, if at all, the right of one or both of Viking or Camber to terminate the merger agreement and the result of such termination; the outcome of any legal proceedings that may be instituted against Viking, Camber or their respective directors; the ability to obtain regulatory approvals and other consents, and meet other closing conditions to the merger on a timely basis or at all, including the risk that regulatory approvals or other consents required for the merger are not obtained on a timely basis or at all, or which are obtained subject to conditions that are not anticipated or that could adversely affect the combined company or the expected benefits of the transaction; the ability to obtain approval by Viking stockholders and Camber stockholders on the expected schedule; required closing conditions which may not be able to be met and/or consents which may not be able to be obtained; difficulties and delays in integrating Viking's and Camber's businesses; prevailing economic, market, regulatory or business conditions, or changes in such conditions, negatively affecting the parties, including, but not limited to, as a result of the recent volatility in oil and gas prices and the status of the economy (both US and global) due to the COVID-19 pandemic and actions taken to slow the spread of COVID-19; risks that the transaction disrupts Viking's or Camber's current plans and operations; failing to fully realize anticipated cost savings and other anticipated benefits of the merger when expected or at all; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the merger; debt of Viking and Camber and the dates such debts come due; the ability of Viking or Camber to retain and hire key personnel; the diversion of management's attention from ongoing business operations; uncertainty as to the long-term value of the common stock of the combined company following the merger; the continued availability of capital and financing, prior to, and following, the Merger; the business, economic and political conditions in the markets in which Viking and Camber operate; and the fact that Viking's and Camber's reported earnings and financial position may be adversely affected by tax and other factors. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. White River Marine Group . Viking Energy Group Inc is an independent exploration and production company. Viking Energy and Camber Energy Execute https://www.accesswire.com/630397/Viking-Energy-and-Camber-Energy-Execute-Definitive-Merger-Agreement. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Please call the offices at 888-637-5510 for a free consultation with a securities attorney. Such a timeline may also need to be extended in connection with delays caused by the Covid-19 pandemic and governmental responses to such pandemic, the SEC's review of the registration statement, or other matters outside of the control of the parties. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. All Rights Reserved. The SEC has advised Camber that they are reviewing the Form S-4, and Camber anticipates comments thereon within the next few weeks in accordance with the customary SEC review process. Viking Energy Group, Inc. (VKIN) Other OTC - Other OTC Delayed Price. Viking is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties in the Gulf Coast and Mid-Continent region. Viking, Camber and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the respective stockholders of Viking and Camber in respect of the proposed merger under the rules of the SEC. Merger Prospectus/Communication. Viking Energy Group, Inc. (the" Company," "we," "us" or "our") is an energy company, currently targeting opportunities in the following sectors: (i) Power Generation & Solutions; (ii) Clean Energy; and (iii) Natural Resources. This Purchase and Sale Agreement (this "Agreement") is entered into effective June 7, 2022 by and between TLW Investments, L.L.C. These symbols will be available throughout the site during your session. Advisory Group Services, Ltd. dba RHK Capital, of Westport, CT is advising Viking on the transaction. Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Camber already owns approximately 62% of Viking's issued and outstanding common shares, and the Merger Agreement contemplates, through a reverse triangular merger structure, Camber issuing. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section10 of the Securities Act of 1933, as amended. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Viking and Camber caution that the foregoing list of important factors is not complete, and they do not undertake to update any forward-looking statements that either party may make except as required by applicable law. Navigate Viking Energy Group, Inc. Home; About. HOUSTON, TX / ACCESSWIRE / June 1, 2020 / Camber Energy, Inc. (NYSE:CEI) ("Camber") and Viking Energy Group, Inc. (OTCQB:VKIN) ("Viking") today announced that they have entered into an amendment to For example, if a Viking shareholder owns 100 shares of common stock of Viking immediately prior to closing of the Merger, the shareholder would receive 100 shares of common stock of Camber on closing of the Merger. Viking Files New Patent Application. Sign up Today The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. An updated, estimated timeline of the closing of the merger is disclosed below: Viking to file its Annual Report on Form 10-K for Viking's December 31, 2019 fiscal year-end, Viking to file Current Report on Form 8-K/A including financial statements related to its February 3, 2020 acquisition, Camber to file Registration Statement on Form S-4 with preliminary joint proxy statement with the Securities and Exchange Commission, Camber and Viking to receive Fairness Opinions regarding the planned Merger, Camber to file its Annual Report on Form 10-K for Camber's March 31, 2020 fiscal year end, Camber and Viking to receive Shareholder Approval, Camber to receive Stock Exchange Approval for the Merger.