As mentioned, Camber owns a 62% stake in Viking, and the two companies have agreed to merge. All subsequent written and oral forward-looking statements attributable to Viking, Camber or any person acting on behalf of either party are expressly qualified in their entirety by the cautionary statements referenced above. 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 Energy, Inc. Provides Update on Planned Merger With Viking Investors and security holders may obtain copies of these documents free of charge through the website maintained by the SEC at www.sec.gov or from Viking at its website, www.vikingenergygroup.com, or from Camber at its website, www.camber.energy. 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. 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. A copy of the LOI was included in Vikings and Cambers Current Reports on Form 8-K filed on January 24, 2020, with the Securities and Exchange Commission, and available under "Investors" at www.vikingenergygroup.com and www.camber.energy. CEI Stock Is a Speculative Bet That Could Pay off Handsomely Camber Energy, Inc. and Viking Energy Group, Inc. Provide - Nasdaq 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 never entering into a definitive merger agreement, the right of one or both of Viking or Camber to terminate the merger agreement even if entered into; the outcome of any legal proceedings that may be instituted against Viking, Camber or their respective directors; the ability to obtain regulatory approvals and meet other closing conditions to the merger on a timely basis or at all, including the risk that regulatory approvals required for the merger are not obtained on a timely basis or at all, or 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; difficulties and delays in integrating Vikings and Cambers businesses; prevailing economic, market, regulatory or business conditions, or changes in such conditions, negatively affecting the parties; risks that the transaction disrupts Vikings or Cambers 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; the ability of Camber to redeem or otherwise extinguish all of its existing Series C Preferred Stock, or come to an understanding/agreement with its Series C Preferred Stock holder to fix the number of shares of common stock issued or issuable to such Series C Preferred Stock holder; the ability of Viking or Camber to retain and hire key personnel; the diversion of managements 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 following the merger; the business, economic and political conditions in the markets in which Viking and Camber operate; and the fact that Vikings and Cambers reported earnings and financial position may be adversely affected by tax and other factors. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger. Viking Energy Announces Notice of Allowance for Patent Covering Waste Treatment Technology. Viking Energy and Camber Energy Execute Definitive Merger Agreement Viking targets undervalued assets with realistic appreciation potential. 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 Forward-Looking StatementsCertain 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. 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. Investors should read the joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Camber Energy, Inc. Contributes $5M to Viking's Recent For more information, please visit the company's website at www.camber.energy. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. Under the terms of the merger agreement, which is structured as a reverse merger, Camber will issue newly-issued shares of common stock in exchange for the balance of Viking's common stock on. 425: Merger Prospectus . The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. 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. 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. 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, 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 Camber's website at www.camber.energy under the heading "Investors" - "SEC Filings", 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. Pivi Julkunen on LinkedIn: #vikingline #puhujatori #punaisetpuhujalhdt This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. You may obtain free copies of these documents from Viking or Camber using the sources indicated above. Details regarding the planned merger, along with copies of the definitive Agreement and Plan of Merger and First Amendment to the Agreement and Plan of Merger signed by the parties on February 3, 2020 and May 27, 2020, respectively, were included in Viking's and Camber's Current Reports on Form 8-K filed with the Securities and Exchange Commission on February 5, 2020 and June 1, 2020, respectively, and are available under "Investors" - "SEC filings" at www.vikingenergygroup.com and www.camber.energy. March 14, 2019 Methodical Foundation Building Positions Viking Energy to Meet 1,000 BPD Oil Target . Overview; CEO VLOG; Management Team; Divisions. For financial reporting, their fiscal year ends on December 31st. Viking Energy Group, Inc. cancelled the acquisition of Camber Energy Investors and security holders may obtain copies of these documents free of charge through the website maintained by the SEC at www.sec.gov or from Viking at its website, www.vikingenergygroup.com, or from Camber at its website, www.camber.energy. 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. In connection with the proposed merger, on June 4, 2020 Camber filed with the SEC a registration statement on Form S4 to register the shares of Camber's common stock to be issued in connection with the merger. 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. Create your Watchlist to save your favorite quotes on Nasdaq.com. Viking Energy Announces Grant of U. S. Patent Covering Waste Treatment Technology. Camber Energy, Inc. Provides Update on Planned Merger With Viking The company. About Camber: Press release content from Accesswire. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. Viking Energy Group, Inc. and Camber Energy, Inc. Announce Letter of Viking Energy Group, Inc. and Camber Energy, Inc. Announce Camber Energy, Inc. and Viking Energy Group, Inc. Report Further 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.". The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago . Get the latest industry news delivered straight to your inbox, every Tuesday through Friday. Additional Information and Where to Find It. Viking Energy Group, Inc. (OTCPK:VKIN) entered into a letter of intent to acquire Camber Energy, Inc. (AMEX:CEI) in a reverse merger transaction on January 23, 2020. 2020, regarding a proposed merger of Viking with Camber. HOUSTON, TX / ACCESSWIRE / June 16, 2020 / Camber Energy, Inc. (NYSE American:CEI) ("Camber") and Viking Energy Group, Inc. (VKIN) ("Viking") are pleased to announce that on June 4, 2020, Camber filed with the Securities and Exchange Commission (SEC), a Registration Statement on Form S-4, including a preliminary joint proxy statement relating to the planned merger between Viking and Camber. Jimmy Span has been assisting business owners with the sale of their businesses since 2010 and joined Viking Mergers & Acquisitions in 2022. 8-K: Current Report. Camber Energy, Inc. and Viking Energy Group, Inc. Report Further Viking Files New Patent Application. HOUSTON, TX / ACCESSWIRE / June 16, 2020 / Camber Energy, Inc. (NYSE American:CEI . Viking Energy Group, Inc., an exploration and production company, engages in the acquisition and development of oil and natural gas properties in North America. 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 Energy, Inc. The company owns oil and gas leases in Texas, Louisiana, Mississippi and Kansas. Item 1.01 Entry into a Material Definitive Agreement. Not an offer or recommendation by Stocktwits. Information about Cambers directors and executive officers is available in Cambers Annual Report on Form 10-K for the year ended March 31, 2019. Contact InformationInvestors and Media:T. 281.404.4387 (ext.3)E. ir@vikingenergygroup.com. Dec 21, 2022. Viking targets undervalued assets with realistic appreciation potential. Files Its Annual Report on Form 10-K and Contributes Over $4M to Viking Energy Group, Moving Both Parties Closer to Finalizing Planned Merger ", Louis G. Schott, Interim CEO of Camber, stated, "Camber is working with its auditors on finalizing the company's Annual Report for the fiscal year ended March 31, 2020, which we plan to file in the next week or so, prior to the SEC's required filing deadline, and we look forward to closing the merger by the end of the Summer after addressing SEC comments on the Form S-4, which are standard in transactions such as the merger.". 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 Yacht . All subsequent written and oral forward-looking statements attributable to Viking, Camber or any person acting on behalf of either party are expressly qualified in their entirety by the cautionary statements referenced above. There is no guarantee items will be completed by such date, or at all. This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. About Viking: Viking is a growth-oriented energy company, and has an existing Oil & Gas division with interests in properties in Texas, Louisiana, Mississippi and Kansas. International tax in United States | Law firm and lawyer rankings from Camber Energy, Inc. Details regarding the Merger, along with a copy of the Merger Agreement, were included in Viking's and Camber's Current Reports on Form 8-K filed on February 5, 2020, with the Securities and Exchange Commission, and are available under "Investors" at www.vikingenergygroup.com and www.camber.energy. All subsequent written and oral forward-looking statements attributable to Viking, Camber or any person acting on behalf of either party are expressly qualified in their entirety by the cautionary statements referenced above. Viking Energy Group, Inc. (VKIN) - Yahoo! Review & evaluate international merger and acquisition opportunities located in various regions throughout the world. Words such as "strategy," "expects," "continues," "plans," "anticipates," "believes," "would," "will," "estimates," "intends," "projects," "goals," "targets" and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. The company has a market capitalization of C$3.07 billion, a PE ratio of 2.98, a price-to-earnings-growth ratio of 0. . Words such as strategy, expects, continues, plans, anticipates, believes, would, will, estimates, intends, projects, goals, targets and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Viking Energy Group Inc., Securities Investigation Viking Energy Group OTCPK:VKIN Stock Report - Simply Wall St Recreational Boat Market Report on Industry Research, Growth Trends 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. Camber Energy, Inc. Provides Update on Planned Merger With Viking News & Media Press Releases In The News 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. This was announced on Feb. 18 , but since then there has been no update on . All Rights Reserved. Market-leading rankings and editorial commentary - see the top law firms & lawyers for International tax in United States Camber Energy and Viking Energy Execute Definitive Merger - Yahoo! In connection with the proposed merger, on June 4, 2020 Camber filed with the SEC a registration statement on Form S4 to register the shares of Camber's common stock to be issued in connection with the merger. 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 the Form S-4, and Viking's and Camber's publicly filed reports, including Viking's Annual Report on Form 10-K for the year ended December 31, 2019, Camber's Annual Report on Form 10-K for the year ended March 31, 2019 and subsequently filed Quarterly Reports on Form 10-Q. 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. Viking More Than Doubles Daily Oil & Gas Production With Viking Energy : Material Definitive Agreement - Form 8-K Somehow, Viking Energy still seems to be willing to go through with its reverse triangular merger with Camber Energy. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE FINAL REGISTRATION STATEMENT ON FORM S-4 AND THE RELATED JOINT PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT ON FORM S4, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED MERGER, WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT VIKING, CAMBER AND THE PROPOSED MERGER.