CanAsia Energy Corp. press release
CanAsia Announces Receipt of Year 1, First Tranche Payment under Cooperative Research and Development Agreement
TSXV - TSX Venture Exchange · Bitumen · Oil · Natural Gas · Canada · Partnerships & JVs
Canada NewsWire
CALGARY, AB, June 2, 2026/CNW/ - CanAsia Energy Corp. ("CanAsia") (TSXV: CEC) announced today that its wholly-owned subsidiary, Andora Energy Corporation, has received the Year 1, first tranche $9.5 million payment from the Korea Institute of Geoscience and Mineral Resources in respect of the Cooperative Research and Development Agreement announced on May 6, 2026.
CanAsia is a Calgary, Alberta based oil and gas company with operations in Western Canada.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE CanAsia Energy Corp.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2026/02/c6192.html
Earlier from CanAsia Energy Corp.
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- CanAsia Announces Strategic Infrastructure Deal to Fully Fund the Restart of the Sawn Lake Heavy Oil Project and Install Patented Produced Water Boiler Technology, Paving the Way for a Modular Staged 20,000 bopd Development
- CANASIA ANNOUNCES DECEMBER 31, 2025 CONTINGENT BITUMEN RESOURCES FOR SAWN LAKE, ALBERTA SAGD PROJECT OF ANDORA ENERGY CORPORATION
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