From Discovery to Delivery: A Fully Integrated LNG Infrastructure

Founded in 2011, Pieridae Energy is developing a fully integrated LNG infrastructure business covering the entire LNG value chain, from exploration and production of crude oil and natural gas to the development and operation of a complete LNG terminal.

The Goldboro LNG terminal project consists of an LNG processing facility, storage tanks and marine works located in Nova Scotia (Canada).

With its acquisition of resources in New Brunswick to its merger with Pétrolia, Pieridae is building a long-term portfolio of natural gas to supply the Goldboro LNG Project.

The target markets for the LNG produced at the Goldboro LNG project are Europe, South America and Asia.

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Pieridae:
Doing Business The Right Way

Pieridae conducts its every operation in a socially, environmentally and fiscally responsible manner.

The company and its employees are committed to giving back to the communities in which it lives and work.

It also committed to adopting and implementing environmental stewardship strategies that minimize its ecological footprint, thus ensuring the best possible future for all Canadians.

Pieridae’s every action are guided by a fair and strict code of business ethics focusing on honesty, ethics and accountability in all our dealing with our business partners, investors, government entities and the general public.

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Latest Press Releases

  • 2019/03/06 – PIERIDAE ENERGY LIMITED ANNOUNCES PARTIAL EXERCISE OF OVER-ALLOTMENT OPTION IN RESPECT OF BROKERED PRIVATE PLACEMENT AND CLOSING OF SECOND TRANCHE OF NON-BROKERED PRIVATE PLACEMENT

    Calgary, Alberta: March 6, 2019 – Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has issued 320,000 common shares at a price of $2.00 per share (the “Over-Allotment Offering”), for incremental gross proceeds of $640,000, pursuant to the partial exercise of an over-allotment option (the “Over-Allotment Option”) granted by the Company to a syndicate of investment dealers co-led by KES 7 Capital Inc., National Bank Financial Inc. and Laurentian Bank Securities Inc. (collectively, the “Agents”) in connection with the Company’s previously announced brokered private placement of common shares of the Company (the “Brokered Offering”). The remainder of the Over-Allotment Option is exercisable until March 28, 2019. The Company is also pleased to announce that it has issued an additional 274,000 common shares at a price of $2.00 per share, for incremental gross proceeds of $548,000, pursuant to a second tranche of its previously announced non-brokered private placement of common shares (the “Non-Brokered Offering”). The total gross proceeds from this second tranche of the private placement financing are $1,188,000.

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  • 2019/02/28 – PIERIDAE ENERGY LIMITED ANNOUNCES CLOSING OF BROKERED AND NON-BROKERED PRIVATE PLACEMENTS FOR A TOTAL OF $17.9 MILLION

    Calgary, Alberta: February 28, 2019 – Pieridae Energy Limited (“Pieridae”) (TSXV: PEA) is pleased to announce that it has closed its previously announced brokered private placement of common shares of the Company for gross proceeds of approximately $15.2 million (including the partial exercise of the over-allotment option) (the “Brokered Offering”) and partially closed its non-brokered private placement of common shares for additional gross proceeds of approximately $2.7 million (the “Non-Brokered Offering” and, together with the Brokered Offering, the “Offerings”) for aggregate gross proceeds of approximately $17.9 million. The over-allotment option is exercisable for a period of 30 days from closing.

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  • 2019/02/20 – PIERIDAE ENERGY - FULLY-SUBSCRIBED BROKERED PRIVATE PLACEMENT

    Calgary, Alberta: February 20, 2019 – Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has been advised by the syndicate of investment dealers co-led by KES 7 Capital Inc. and National Bank Financial Inc. and including Laurentian Bank Securities Inc. (collectively, the “Agents”) that the previously announced brokered private placement of up to 7,500,000 common shares at a price of $2.00 per share (the “Offering Price”) for gross proceeds of up to $15.0 million (the “Offering”) was met with strong investor interest and was fully subscribed. In addition, the Agents have informed the Company that they intend to exercise their over-allotment option at closing for additional common shares at the Offering Price.

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