• MCF Energy

  Led · Equity · Aug 2025

  MCF Energy, based in Vancouver, completed a non-brokered financing that generated $1.1 million in gross proceeds. The company issued 21,990,000 units at $0.05 per unit, each unit comprising one common share and one warrant exercisable at $0.06 until September 5, 2027. MCF Energy paid $19,170 in finders’ fees and issued 383,400 non-transferable finder warrants with the same $0.06 exercise price and expiry in September 2027. All securities issued in the financing are subject to a hold period ending January 6, 2026. Proceeds are intended primarily for working capital and general corporate purposes, with a stated focus on optimizing and expanding operations to strengthen market position. Completion of the transaction remains subject to approval by the TSX Venture Exchange. MCF Energy develops upstream gas assets in Europe, centering current efforts on the Reudnitz gas field license in Germany. The company received a €500,000 option payment from Lime Petroleum as part of a broader €6 million farm‑out agreement that includes €5.5 million of carried expenditure to advance the field. Phase 1, funded by the initial payment, achieved a stable flow rate of over 1,000 cubic meters per hour; Phase 2 began in February 2025 and uses advanced stimulation techniques such as acidizing and scale removal. GCA Associates estimated resources at Reudnitz of 118 billion cubic feet of methane and 1 billion cubic feet of helium, which the company cites as commercially significant. The exploration license was extended to September 2025, giving MCF time to complete testing and apply for a production license. If Lime exercises its option to acquire an 80% working interest, operatorship would transfer to Lime while MCF would retain a minority stake and upside.

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