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    CHART und FAKTENTHREAD für UNIVERSAL POWER CORP - 500 Beiträge pro Seite

    eröffnet am 25.02.10 14:44:06 von
    neuester Beitrag 11.04.11 13:15:18 von
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     Ja Nein
      Avatar
      schrieb am 25.02.10 14:44:06
      Beitrag Nr. 1 ()
      Hallo @ALL,





      Ich eröffne mal einen CHART und FAKTENTHREAD für UNIVERSAL POWER CORP damit man eine bessere Übersicht der Fakten, News und Berichte behält!!!

      Wenn einer Berichte, News, Infos und Charts dazu Stellen will, herzlich Willkommen!!!!

      ABER eine wichtige BITTE:

      Diskutieren sollten wir aber weiterhin im Hauptthread http://www.wallstreet-online.de/diskussion/1134215-1-10/http… dieser Thread soll nur zur Sammlung der Information dienen!!!




      Also, viel Spaß beim sammeln und lesen hier!!!!!!



      UNIVERSAL POWER CORP. REGISTERED SHARES O.N.HILFE UND INFOS - Aktie
      WKN: A0M2R5 | ISIN: CA91378M1041 | 3U2A


      Symbol North America, TSXV: UNX

      Europe, Frankfurt:3U2A

      USA, Pinksheets: UPWRF

      Share Price $1.85

      Shares Issued & Outstanding 77,693,000

      Market Capitalization $143,732,050

      Fully Diluted 89,807,000

      Cash on Hand $5 Million

      Head Office Vancouver, BC

      Transfer Agent Pacific Corporate Trust Company, Vancouver, BC

      Legal Counsel Clark Wilson, Vancouver, BC

      Auditor Morgan & Company, Vancouver, BC




      Homepage: http://www.universalpowercorp.com/index.php

      Präsentation: http://www.universalpowercorp.com/PDF/English-UNX_Powerpoint…

      Projekte: http://www.universalpowercorp.com/projects/projects.php?page…






















      http://www.stockta.com/cgi-bin/analysis.pl?symb=UNX.C&num1=5…


      Stockhouse




      http://www.stockhouse.com/tools/?page=/FinancialTools/sn_ove…



      FFM






























      Sehr gute Seiten zu Charts.....

      barchart http://www.barchart.com/
      bullchart http://www.bullchart.de/rechner/index.php
      Candelstick http://www.fxmarkets.de/chart/candle.htm
      LiveCharts http://www.livecharts.co.uk/MarketCharts/gold.php" target="_blank" rel="nofollow ugc noopener">http://www.livecharts.co.uk/MarketCharts/gold.php

      Stundencharthttp://cxa.marketwatch.com/TSX/en/Market/intchart.aspx?symb=…

      Viele Erklärungen zu Charts....

      http://www.fxmarkets.de/chart/index.htm





      Gruß
      TimLuca
      :cool::cool:
      Avatar
      schrieb am 25.02.10 15:05:43
      Beitrag Nr. 2 ()
      Hiermit möchte ich erst einmal "TimLuca" einen großen Dank aussprechen, der sich die Arbeit & Mühe gemacht hat, einen Chart- und Faktenthread für UNX zu eröffnen. Hierzu bin ich leider zu doof (allerdings gebe ich es auch zu).

      Der Chart- und Faktenthread sollte für alle Teilnehmer eine enorme Erleichterung darstellen, da so das ewige Blättern im Hauptthread entfällt.


      „TimLuca, hab Dank!“


      1.) Unternehmensanalyse:

      Die beste Analyse zu UNX mit entsprechenden Aktualisierungen gibt es auf sharewise.com vom User Proxy.


      „Proxy, auch Dir Dank für Deine Spitzenarbeit!“

      Quelle: http://www.de.sharewise.com/aktien/CA91378M1041-universal-po…


      2.) Die letzten NEWS vom 24.02.2010:

      Universal Power acquires 60% of Namibia Industrial

      2010-02-24 16:34 ET - Acquisition

      The TSX Venture Exchange has accepted for filing documentation of an agreement dated July 7, 2009, between Universal Power Corp. and Limpet Investments (Pty.) Ltd. (Knowledge Katti) whereby the company may acquire 60 per cent of the issued and outstanding common shares of Namibia Industrial Development Group (Pty.) Ltd. (NIDG). NIDG has an oil and gas exploration licence to explore block number 2815 situated directly east of the Kudu gas field and north of Orange basin, offshore Namibia.

      The total consideration payable to the Vendor is $1,000,000 cash and 3,000,000 common shares of the Company. In addition, the Company is to keep the license in good standing.
      Insider / Pro Group Participation:
      Insider=Y /Name ProGroup=P # of Shares
      Knowledge Katti Y 3,000,000
      For further information, please refer to the Company's news releases dated July 7, 2009 and December 31, 2009.

      Quelle: http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:…


      3.) Aktuelle Marktkapitalisierung:

      Bei 77,693 Mio. Aktien und einem Kurs von 2,35 CAD ~ 182,58 Mio. CAD.

      Hinzu kommen dann bestimmt noch die 3 Mio. Stück für die o.g. Finanzierung (???).


      4.) UNX-Chartanalyse auf stockcharts:

      Quelle: http://stockcharts.com/charts/gallery.html?UNX.V


      5.) Wechselkurs CAD – EUR:

      Quelle: http://www.wallstreet-online.de/devisen/100785/chart.html?tr…
      Avatar
      schrieb am 26.02.10 12:35:42
      Beitrag Nr. 3 ()
      Die "Paritätschlacht" geht weiter, gut für uns Aktionäre (natürlich in Bezug auf den CAD)!

      _____


      Geheimes Treffen: Hedge-Fonds nehmen Euro ins Visier

      Gleich mehrere große Hedge-Fonds wollen offenbar Wetten gegen den Euro abschließen. Das Kalkül: Der Euro fällt auf Parität zum Dollar – für Fonds-Manager die Gelegenheit, noch einmal richtig Kasse zu machen. Parallelen zur US-Finanzkrise drängen sich auf.

      Quelle: http://www.handelsblatt.com/finanzen/fondsnachrichten/geheim…
      Avatar
      schrieb am 26.02.10 21:20:20
      Beitrag Nr. 4 ()
      Großer Chart:

      Avatar
      schrieb am 01.03.10 09:17:31
      Beitrag Nr. 5 ()
      Vor einem richtig, richtig fetten Hype kommen meist nervöse und volatile Konsolidierungen mit teilweise bis zu 50% vom Höchstkurs, die über Monate andauern können.

      Anbei ein paar Beispiele:

      Forsys Metals:

      http://aktien.wallstreet-online.de/Forsys-Metals-Aktie/chart…


      Energulf:

      http://aktien.wallstreet-online.de/Energulf-Resources-Aktie/…

      Falcon Oil & Gas:

      http://aktien.wallstreet-online.de/Falcon-Oil-Gas-Aktie/char…

      Xemplar Energy:

      http://aktien.wallstreet-online.de/Xemplar-Energy-Aktie/char…

      THOMPSON CREEK:

      http://aktien.wallstreet-online.de/Thompson-Creek-Aktie/char…

      Trading Spotlight

      Anzeige
      InnoCan Pharma
      0,1845EUR -3,40 %
      CEO lässt auf “X” die Bombe platzen!mehr zur Aktie »
      Avatar
      schrieb am 01.03.10 10:48:09
      Beitrag Nr. 6 ()
      Could Namibia Be Ten Times Better Than Brazil for Oil?

      Feb 26th, 2010 | By Byron King

      I logged 9,814 air miles. Took four different flights. Spent a total of 54 hours traveling. All to meet with a man they call “Mr. GO Deep…”
      “Mr. GO Deep” is the go to guy in offshore oil development. Oil companies pay him HUGE consulting fees in hopes to identify the next deep or ultra deep offshore oil deposits.
      Yet in my recent trip down to Brazil, “Mr. GO Deep” sat at a table with me — just me — for two solid hours, explaining what he’s doing in the energy world. And why, while offshore Brazilian oil is good, there’s another deep sea play with even better oil prospects. Then he handed me off to several of his able staff, who were equally generous with their time and perspective. A first-class act, in every respect.
      Here’s what I’ve found, along with a few ideas of how you can take advantage of the secrets he shared…

      Meet “Mr. GO Deep” – The GO TO Man in Deep Oil Discoveries

      The man I’m talking about is Marcio Mello — the always-ebullient Brazilian geochemist and CEO of Brazil’s HRT Petroleum Co. I first met Marcio back at last year’s American Association of Petroleum Geologists (AAPG) convention. He wowed the crowd with a discussion of the oil potential of the South Atlantic.
      “The Namibian offshore is analogous to that of Brazil,” Marcio stated, with slides and hard data to back it up. Then he showed his proprietary research into natural offshore oil seeps off Namibia, and the geochemistry that demonstrates immense hydrocarbon potential. As for the reservoirs, he showed a slide of proprietary seismic data. “And look at this turbidite stuff,” he yelled, as a couple hundred seasoned geologists in the room both gasped and chuckled.
      Indeed, Namibia is destined for oil riches. “But Namibia,” said Marcio, “is way underexplored. So you can put down a little money for the concessions and get very rich.”
      Any mention of “very rich” makes my ears perk up. When I questioned Marcio further about the offshore Namibia deposits, he was gracious enough to invite me down to see his facilities in Brazil.

      Here’s What I Found About Namibia…

      I looked at seismic. I saw geochemistry. I saw satellite data. I saw gravity and magnetic maps. If there’s a frontier spot on earth where you can say that drilling risk is low for wildcat development, it’s offshore Namibia. (You just have to be sure to drill in the right place.)
      Nothing is easy, of course. There aren’t a lot of wells offshore Namibia. Just a handful. But we know there’s a giant natural gas field at Kudu in the south, immediately north of the Namibian territorial line with South Africa. So there’s a hydrocarbon system out there. Now we know there’s gas, so where’s the rest of it? As Marcio says, “If I see a little baby, I look for its mama.”
      After a week in Brazil, I can say something significant. It’s that right now, some people (guess who) know more about the deep regions offshore Namibia than Petrobras knew about the deep Campos Basin off Brazil before it drilled the Tupi discovery and found 12 billion barrels of oil.
      The Secret Finding Namibia’s Oil

      To understand what Marcio brings to the table – and his secret for finding deep oil plays — you first have to understand how big oil companies think about exploration…
      There are a couple of different exploration philosophies among big oil companies. One philosophy is that the oil company gains an offshore concession and works the heck out of that concession. It puts big bucks into seismic, seismic and more seismic. Then it drills the biggest structure on the concession and MAYBE finds oil.
      Or maybe not. Maybe the oil company drills a dry hole, because there’s a big structure with no oil. There are all sorts of geological reasons why this might happen. The bottom line is, “You have a wine bottle, but there’s no wine in it,” as Marcio says.
      Another exploration philosophy is that an oil company gains an offshore concession and looks across the entire region for evidence of a petroleum system. Where did the oil and gas originate? Where’s the “oil kitchen”? What are the migration pathways? Where could that oil be now? After a lot of work at the REGIONAL level, then the company hones in on its concession and drills — and it’s not necessarily the big structure. Maybe it drills lower down, like in the oil kitchen.
      I’m telling you things that people have spent BILLIONS of dollars learning the hard way. This is information that took Petrobras years to develop. Marcio had an uphill fight at Petrobras for a long time, working to replace “turbidite” thinking (a prolific kind of oil-bearing formation) with “petroleum systems” thinking.
      Today, this “petroleum systems approach” is the kind of thinking that Marcio brings to the table.

      Why Namibia’s Oil Is Even More Promising Than Brazil’s

      If you’re a long time Whiskey reader, you already know I’m very bullish on Brazilian oil opportunities. But there are some things that make the Namibian oil plays even better. Allow me to explain…
      Brazil is about to pass a set of new petroleum laws that will put its entire pre-salt region under the jurisdiction of a new national oil company (NOC), meaning NOT Petrobras, which is publicly owned. Future pre-salt deals will be along the lines of production sharing arrangements (PSAs) with the NOC, which private oil companies HATE because they can’t book the reserves and impress Wall Street.
      There are all sorts of issues about how much interest Petrobras will get in future Brazil offshore concessions (30% is the current number). And how Petrobras will be the operator, on behalf of the NOC, of all future pre-salt plays off Brazil. It’s going to be complicated, if not hairy!
      The bottom line is that if an international oil company wants to look for big oil fields, like pre-salt plays and find and book those huge volumes of oil, it has to go somewhere else.
      Where else? Why… Namibia, of course! Offshore Namibia, you can get 10 times the acreage for 1/10th the price. For now..
      There are many ways for you to take advantage of this discovery. First, if you’re looking for a home run opportunity, try searching some of the smaller oil companies with concessions in Namibia. You’ll want to look mainly at ones that are pure plays, though. A second, less exciting but safer way to play it would be to look at some of the big oil service companies that provide the drill bits, rigs, and hardware for general deep sea oil discoveries.

      Quelle: http://whiskeyandgunpowder.com/could-namibia-be-ten-times-be…
      Avatar
      schrieb am 05.03.10 08:30:12
      Beitrag Nr. 7 ()
      Hier kann sich jeder User noch einmal das "göttliche" Interview mit Duane Parnham aus 06/2009 `reinziehen:

      _____


      Interview - Duane Parnham - Universal Power Corp.

      Sonntag, 28 Juni 2009

      Namibia – das neue Öldorado

      Was haben die Küstenregionen in Südamerikas Osten und Afrikas Westen gemein?

      Vor mehr als 100 Mio. Jahren brach der Kontinent Gondwana auseinander, Afrika driftete in Richtung Osten, während sich Südamerika nach Westen bewegte, es entstand er Atlantische Ozean.
      Dadurch, dass beide Küstenregionen einmal direkt zusammenlagen, weisen diese auch sehr ähnliche geologische Strukturen, inklusive darin vorhandener Rohstoffe auf. Während in den Seegebieten Brasiliens bereits große Mengen an Öl und Erdgas aufgefunden wurden, steckt die Explorationsarbeit auf der gegenüberliegenden Seite, also vor der Küste Namibias noch am Anfang. Doch auch dort konnte bereits das Vorhandensein potentieller Öl- und Gas-Anomalien bewiesen werden.

      Die kanadische Explorationsgesellschaft Universal Power Corp. , deren Management ein hohes Ansehen in Namibia genießt, ist eine der wenigen Firmen, die dieses Potential bereits erkannt haben und die Erlaubnis zur Erforschung der Hoheitsgewässer Namibias besitzen. Wir sprachen mit Universal Power Corps. Chairman Duane Parnham über die enormen Chancen, die Namibias Küstengewässer im Bereich Öl- und Gasförderung bieten.

      Quelle: http://www.dyor.de/universal-power-corp/interview-duane-parn…
      Avatar
      schrieb am 08.03.10 08:09:05
      Beitrag Nr. 8 ()
      Gazprom signs up for Kudu

      Russian giant Gazprom and Namibian state oil company Namcor have agreed to establish a special purpose company to take a majority stake in the Kudu gas field to accelerate its progress to first production in 2014.

      Quelle: http://www.upstreamonline.com/live/article208127.ece
      Avatar
      schrieb am 10.03.10 08:38:02
      Beitrag Nr. 9 ()
      Spezial Report Öl

      International Research: „Too fast, too furious... now time for a break.“

      Inhalt:

      Kursavancen „zu weit, zu schnell“,
      Upside begrenzt

      Shale Gas als „Game changer“ im
      Energiesektor und attraktive
      Investmentopportunität

      Liquiditätsschwemme und
      gestiegener Risikoappetit als
      primärer Grund für Ölpreisanstieg

      Aktuell Überversorgung am Ölsektor,
      Lagerbestände als Archilles-Ferse

      Ölpreisentwicklung aus Sicht der
      Österreichischen Schule der
      Nationalökonomie

      Ein chinesischer „Black Swan“?

      Prognose 2010: 1. HJ: Fortsetzung
      des Aufwärtstrends bis USD 90-100,
      2. Halbjahr Trendumkehr zu erwarten

      Durchschnittskurs 2010:
      USD 72/Barrel

      Quelle: http://www.rohstoff-welt.de/news/artikel.php?sid=17950
      Avatar
      schrieb am 11.03.10 12:26:42
      Beitrag Nr. 10 ()
      11.03.10

      Tullow Oil loses control over Kudu

      RUSSIAN gas giant Gazprom and Namcor have partnered up to muscle out Tullow Oil as the main shareholder in the Kudu gas field, securing 54 per cent of the interest in the multibillion-dollar offshore energy project.

      Quelle: http://www.namibian.com.na/news/full-story/archive/2010/marc…
      Avatar
      schrieb am 18.03.10 14:49:17
      Beitrag Nr. 11 ()
      :kiss:
      Wenigstens klappt die PR bei UNX

      Universal Power Retains Leading Investor Relations Firm
      3/18/2010 9:00 AM - Canada NewsWire

      CALGARY, Mar 18, 2010 (Canada NewsWire via COMTEX News Network) --
      Universal Power Corp. (TSX-V:UNX), an oil and gas company focused on exploration in Namibia, Africa, today announced that it has retained The Equicom Group Inc. to provide strategic investor relations and financial communications services for the Company.

      Under the terms of the agreement, Universal Power will pay Equicom a monthly retainer fee of $6,000 for select strategic communications services. The initial contract term is for 12 months and commences immediately.

      Neither Equicom nor any of its principals have an ownership interest, directly or indirectly, in Universal Power or its securities, and Universal Power has not granted Equicom or its principals any right to acquire such an interest.

      About Universal Power Corp.

      Universal Power Corp. is an oil and gas company focused on building a portfolio of high impact exploration targets in offshore Namibia, Africa. The company has more than 32,000 square kilometres of concessions along the prolific South Atlantic Margin. The management team and the company's directors have established relationships with the Namibian Government, its state-run energy entity, NAMCOR, and the country's Black Economic Empowerment partners.

      About Equicom Group

      Equicom, a wholly-owned subsidiary of TMX Group Inc., is a leading Canadian provider of investor relations and strategic corporate communications services. With proven expertise in developing and executing highly effective strategic communications programs, and an extensive network of investment community contacts, Equicom specializes in helping clients achieve their capital markets objectives. Equicom offers a comprehensive suite of services including: investor relations, media relations, annual report production, multimedia and web design, web casting, live event management and corporate branding. Equicom is headquartered in Toronto, with offices in Montreal and Calgary. For further information, please visit www.equicomgroup.com or follow Equicom on Twitter at http://twitter.com/Equicom.

      Neither the 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.

      %SEDAR: 00016276E

      SOURCE: Universal Power Corp.

      Investor Relations: David Feick, (403) 218-2839, dfeick@equicomgroup.com; Or Heidi Christensen Brown, (403) 218-2833, hchristensenbrown@equicomgroup.com

      Copyright (C) 2010 CNW Group. All rights reserved.

      Gruß

      Fliege
      Avatar
      schrieb am 18.03.10 14:50:46
      Beitrag Nr. 12 ()
      :kiss:

      ich glaube beim ersten mal ist was schief gegangen.

      Jetzt noch mal

      Universal Power Retains Leading Investor Relations Firm
      3/18/2010 9:00 AM - Canada NewsWire

      CALGARY, Mar 18, 2010 (Canada NewsWire via COMTEX News Network) --
      Universal Power Corp. (TSX-V:UNX), an oil and gas company focused on exploration in Namibia, Africa, today announced that it has retained The Equicom Group Inc. to provide strategic investor relations and financial communications services for the Company.

      Under the terms of the agreement, Universal Power will pay Equicom a monthly retainer fee of $6,000 for select strategic communications services. The initial contract term is for 12 months and commences immediately.

      Neither Equicom nor any of its principals have an ownership interest, directly or indirectly, in Universal Power or its securities, and Universal Power has not granted Equicom or its principals any right to acquire such an interest.

      About Universal Power Corp.

      Universal Power Corp. is an oil and gas company focused on building a portfolio of high impact exploration targets in offshore Namibia, Africa. The company has more than 32,000 square kilometres of concessions along the prolific South Atlantic Margin. The management team and the company's directors have established relationships with the Namibian Government, its state-run energy entity, NAMCOR, and the country's Black Economic Empowerment partners.

      About Equicom Group

      Equicom, a wholly-owned subsidiary of TMX Group Inc., is a leading Canadian provider of investor relations and strategic corporate communications services. With proven expertise in developing and executing highly effective strategic communications programs, and an extensive network of investment community contacts, Equicom specializes in helping clients achieve their capital markets objectives. Equicom offers a comprehensive suite of services including: investor relations, media relations, annual report production, multimedia and web design, web casting, live event management and corporate branding. Equicom is headquartered in Toronto, with offices in Montreal and Calgary. For further information, please visit www.equicomgroup.com or follow Equicom on Twitter at http://twitter.com/Equicom.

      Neither the 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.

      %SEDAR: 00016276E

      SOURCE: Universal Power Corp.

      Investor Relations: David Feick, (403) 218-2839, dfeick@equicomgroup.com; Or Heidi Christensen Brown, (403) 218-2833, hchristensenbrown@equicomgroup.com

      Copyright (C) 2010 CNW Group. All rights reserved.
      Avatar
      schrieb am 06.04.10 12:17:47
      Beitrag Nr. 13 ()
      05.04.2010

      Universal Power Confirms Namibian License Renewal

      Universal Power reported that the renewal for Petroleum Exploration License Block 1711 was granted by the Ministry of Mines and Energy for the Republic of Namibia, for an additional two-year period. The renewal notice dated April 1, 2010 confirms UNX will maintain a carried interest throughout the next phase of the property's evaluation.

      "Preliminary results presented to-date for Kunene No. 1 well located within Block 1711 clearly suggest the regional presence of a large hydrocarbon-charged reservoir. The two year renewal period will provide sufficient time for the block's participation group to perform the planned work program in following up on the very encouraging results achieved to-date on the concession," said Mr. Gabriel Ollivier, CEO of Universal Power.

      Ownership in Block 1711 is distributed between Nakor Investments, an affiliate of the Sintez Group (70% working interest), EnerGulf Resources (10% working interest), PetroSA (10% working interest), NAMCOR (7% carried interest) and Kunene Energy (3% carried interest). Universal owns 90% of Kunene Energy.

      Quelle: http://www.rigzone.com/news/article.asp?a_id=90511
      Avatar
      schrieb am 09.04.10 05:37:13
      Beitrag Nr. 14 ()
      Avatar
      schrieb am 10.04.10 17:08:26
      Beitrag Nr. 15 ()
      Avatar
      schrieb am 13.04.10 06:33:04
      Beitrag Nr. 16 ()
      Avatar
      schrieb am 15.04.10 15:33:29
      Beitrag Nr. 17 ()
      Die Geschichte geht weiter.

      Man holt sich noch einen Experten ins Boot!

      Universal Power appoints Maria Elliott as Vice President, Finance, and Chief Financial OfficerUniversal Power Corp UNX 4/15/2010 7:00:00 AMCALGARY, Apr 15, 2010 (Canada NewsWire via COMTEX News Network) --
      << "UNX" TSX-V "3U2A" Frankfurt Shares Outstanding: 80,002,871 >>

      Universal Power Corp. ("Universal" or the "Company") announced today that Ms. Maria Elliott has been appointed as the Company's Vice-President, Finance and Chief Financial Officer. Mr. Barry Swanson, Universal's current Chief Financial Officer and Director, has resigned in both capacities and will remain with the Company until April 30, 2010, to help ease the transition of responsibilities.

      "Universal continues to build its management team with seasoned professionals while in the process of moving its headquarters from Vancouver to Calgary. As Canada's oil and gas hub, Calgary offers world class access to geo-science, engineering, and financial expertise specific to the industry. The hiring of Ms. Elliott is an excellent example of the city's talent pool, as her background and understanding meets every skill set and experience we had hoped for as we sought to replace Mr. Swanson. In particular, her professional experiences at Sherritt International were key attributes to her hiring, as the company evolved from exploration to becoming a major producer in Cuba and early stage producer in other countries," said Mr. Gabriel Ollivier, CEO of Universal.

      Universal's Chairman, Mr. Duane Parnham stated, "We want to thank Mr. Swanson for his many contributions over the past three years, in helping to build Universal's dynamic portfolio of growth opportunities. Mr. Swanson has indicated his interest in returning to the fund management industry and we respect his decision to step down from the Board to avoid any potential conflicts of interest. We wish him all the best in his future endeavors."

      Ms. Elliott is a Certified General Accountant with over 17 years of oil and gas financial and reporting experience, of which 15 years are specific to international operations. Prior to joining the Company, Ms. Elliott was the CFO and Controller of Action Energy Inc. She also held the respective positions of Chief Internal Auditor and Controller at Sherritt International. Ms. Elliott has set up international offices, negotiated with government officials, implemented and monitored internal controls locally and internationally, including compliance and risk management, and has been a leader in all areas of financial reporting.

      Universal also wishes to announce that it has granted incentive stock options to certain consultants and officers for the purchase of a total of 500,000 common shares of the Company at a price of $2.27 each valid until April 14, 2015. The options are being granted pursuant to the terms of the Company's stock option plan.

      About Universal Power Corp.

      Universal Power Corp. is an oil and gas company focused on building a portfolio of high impact exploration targets in offshore Namibia, Africa. The Company has more than 32,000 square kilometers of concessions along the prolific South Atlantic Margin. The Company has a newly expanded managerial and technical team supported by strong Namibian partnerships, and is thus well positioned to make a significant contribution to the exploration and development of Namibia's offshore oil concessions.

      << On Behalf of the Board of Directors of Universal Power Corp. Duane Parnham Chairman For further information visit our website at www.universalpowercorp.com Sedar Profile No. 00016276 Forward Looking Information --------------------------- >>

      This news release contains certain forward-looking statements that reflect the current views and/or expectations of Universal Power Corp. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, changes in business strategy, regulatory requirements, demand for our resources, competition and dependence on key personnel. These risks, as well as others, could cause actual results and events to vary significantly. Universal Power Corp. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

      Neither the 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: Universal Power Corp.

      David Feick, Investor Relations, Telephone: (403) 218-2839, Email: dfeick@equicomgroup.com; Heidi Christensen Brown, Investor Relations, Telephone: (403) 218-2833, Email: hchristensenbrown@equicomgroup.com

      Copyright (C) 2010 CNW Group. All rights reserved.
      Avatar
      schrieb am 10.05.10 09:43:17
      Beitrag Nr. 18 ()
      Aktualisiertes Fact-Sheet (Stand April 2010):

      Quelle: http://www.universalpowercorp.com/PDF/UNX_factsheet.pdf
      Avatar
      schrieb am 17.05.10 14:48:00
      Beitrag Nr. 19 ()
      17.05.2010

      Universal Awarded Additional Blocks in Offshore Namibia

      CALGARY, May 17 /CNW/ - Universal Power Corp. ("Universal" or the "Company") announced today that it has been awarded a Petroleum Exploration Licence ("PEL") for the offshore Namibian blocks 2813A, 2814B, and 2914A by the Ministry of Mines and Energy ("MME") of the Republic of Namibia. Universal will have a 40% working interest in the blocks; HRT O&G Exploração e Produção de Petróleo Ltd. ("HRT O&G") will have a 40% working interest, and Acarus Investments (Proprietary) Ltd., will have a 20% participating interest. The designated operator of the blocks is HRT O&G.
      "This award adds three strategically important blocks to our portfolio and is being done in partnership with HRT O&G, the world's premier experts along the offshore South Atlantic margins," said Mr. Gabriel Ollivier, President and CEO of Universal. "Given the extensive field work we have conducted in assessing the regional and lease-specific prospectivity of the Orange basin, securing blocks 2813A, 2814B, and 2914A is key to our regional land position, which now stands at over 42,000 square kilometers of contiguous acreage."

      Mr. Duane Parnham, Universal's Chairman said, "These blocks add to our growing asset base with an agreement that enables us to partner with the company that predicted some of the world's largest pre-salt oil discoveries. HRT O&G's experience and expertise in techniques that maximize the probabilities of success materially adds to the likelihood that we will succeed in finding Namibia's large offshore oil pools. In addition to mitigating exploration risk, Universal's partnership with HRT O&G will significantly reduce our net risked capital exposure by sharing costs associated with the data acquisition and scientific work that will precede the drilling of any wells. HRT O&G also brings strategic relationships with many of the world's major oil and gas companies that could lead to further partnering opportunities."
      About Blocks 2813A, 2814B, and 2914A

      The blocks collectively span an area of 15,382 square kilometers (1,538,200 hectares, or 3,789,094 acres). The three blocks are contiguous, and are positioned immediately west and diagonally southwest of the large Kudu gas discovery, located in the southern portion of the Namibian offshore leases in what is geologically known as the Orange basin. In addition, the three blocks link to Universal's 90%-owned 2713A and 2713B blocks to the north, and 90%-owned 2815 to the east.

      The PEL for blocks 2813A, 2814B, and 2914A has three phases, with the agreement effective May 14, 2010. Phase 1 spans four years, with work program commitments focused on assembly, interpretation, and mapping of existing 2D and 3D seismic data followed by new acquisition of seismic data. Additional techniques may also be employed that will add to detailed satellite oil slick detection, geotechnical, and geochemical field work that has already been done by or on behalf of Universal in the Orange basin. The estimated gross cost of the first four-year phase is US$8,500,000. Phases 2 and 3 are each renewable for a two year period, and carry a commitment to drill one well during each phase.

      About HRT O&G

      HRT O&G is an oil and gas company based in Rio de Janeiro, Brazil, and is a wholly-owned subsidiary of HRT Participações em Petróleo S.A. ("HRTP"). The HRT O&G team is led by Dr. Marcio Mello, who founded HRT Petroleum in 2004 after a very successful 24-year career at Petrobras, which included a 17-year span running the technical centre of excellence of Petrobras-CEGEQ. From 2004 until mid-2009, Dr. Marcio Mello was the CEO of HRT Petroleum, which was strictly a geologic consultancy company with the biggest geoscientific lab in the southern hemisphere. Over the years, the HRT team has gained global recognition for their expertise in building fully-integrated 3-D compositional petroleum system basin models, putting full use of investigative techniques based on geochemistry, biostratigraphy, seismic interpretation, structural geology, oceanography, and biology, in their efforts to reduce exploration risk. The HRT team is credited, among their many accomplishments, with predicting hydrocarbon presence in the pre-salt of Brazil's Santos basin, which led to the giant Carioca and Tupi oil discoveries. The services offered by HRT Petroleum continue to exist through Integrated Petroleum Expertise Co. ("IPEX"), which is now another wholly-owned subsidiary of HRTP. Universal has a Services Agreement with IPEX on blocks 2713A and 2815 and expects the work contained in the agreement to be completed in June, 2010.

      About Universal Power Corp.

      Universal Power Corp. is an oil and gas company focused on building a portfolio of high impact exploration targets in offshore Namibia, Africa. The Company has more than 51,000 gross square kilometers of Namibian offshore concessions along the prolific South Atlantic Margin. The Company has a newly expanded managerial and technical team supported by strong Namibian partnerships, and is thus well positioned to make a significant contribution to the exploration and development of Namibia's offshore oil and gas concessions.

      Quelle: http://www.stockhouse.com/bullboards/MessageDetail.aspx?p=0&…
      Avatar
      schrieb am 25.05.10 15:45:29
      Beitrag Nr. 20 ()
      25.05.2010

      Universal strengthens its board through appointment of independent directors

      TORONTO, May 25 /CNW/ - Universal Power Corp. ("Universal" or the "Company") today announced the appointment of Mr. Michael Black and Mr. Keith Turnbull to the Company's Board of Directors (the "Board"). Both Mr. Black and Mr.Turnbull will be acting as independent directors.

      Mr. Michael Black is the Managing Partner of Heenan Blaikie LLP's Calgary energy-focused office, and is also a member of the firm's seven-member national Executive Committee. Mr. Black has extensive legal experience in the energy sector, ranging from the negotiation and drafting of both domestic and international joint operating and joint venture agreements, the negotiation and execution of resource-based transactions, and other legal and commercial matters specific to the conduct of business in international jurisdictions. Mr. Black has recently acted as the lead counsel on several multi-billon dollar international energy merger and acquisition (M&A) transactions. In the past five years, he has led over 50 M&A deals. Mr. Black received his law degree (LLB) from the University of British Columbia in 1984.

      Mr. Keith Turnbull recently retired from KPMG where he was a member of the accounting firm's 12-member national executive management team, and most recently the Office Managing Partner of the practice's Calgary office. Mr. Turnbull's distinguished 38-year career in public practice included significant involvement with emerging international energy companies, and covered a broad spectrum of activities, including financial reporting, taxation planning, corporate governance, internal controls, auditing, public disclosure, and other assignments specific to oil and gas companies. Mr. Turnbull received his Chartered Accountancy (CA) designation in 1974.

      "Mr. Black and Mr. Turnbull are both strategic thinkers. They bring a wealth of experience that will ensure expert planning and execution of our growth initiatives" said Mr. Gabriel Ollivier, President and CEO of Universal. "Their appointments have strengthened Universal's ability to manage both challenges and opportunities, and their independence further supports our commitment to best practices in corporate governance."

      Consequential to the above-mentioned appointments, the Company also wishes to announce that it has granted incentive stock options to certain directors for the purchase of a total of 600,000 common shares of the Company at a price of $2.00 each valid until May 25, 2015. The options are being granted pursuant to the terms of the Company's stock option plan.

      In accordance with the Company's articles of incorporation, the Company has increased the required membership of its Board from six to eight members. The directors of the Company will hold office until the next annual general meeting of the Company where they may stand for re-election by the shareholders.

      About Universal Power Corp.
      Universal Power Corp. is an oil and gas company focused on building a portfolio of high impact exploration targets in offshore Namibia, Africa. The Company has more than 51,000 gross square kilometers of Namibian offshore concessions along the prolific South Atlantic Margin. The Company has a newly expanded managerial and technical team supported by strong Namibian partnerships, and is thus well positioned to make a significant contribution to the exploration and development of Namibia's offshore oil and gas concessions.

      http://ca.news.finance.yahoo.com/s/25052010/30/link-f-cnw-un…
      Avatar
      schrieb am 09.06.10 21:30:00
      Beitrag Nr. 21 ()
      Universal announces prospective crude oil resources in offshore Namibia's Block 2713A

      1:45 PM ET, June 9, 2010

      CALGARY, Jun 9, 2010 (Canada NewsWire via COMTEX) --



      "UNX" TSX-V "3U2A" Frankfurt Shares Outstanding: 85,667,157





      Universal Power Corp. ("Universal" or the "Company") today announced prospective resource estimates for the Company's 90% owned 2713A Exploration Licence, representing approximately 16% of Universal's net land position in offshore Namibia. The property is located on the boundary between the Luderitz and the Orange Basin in the southern portion of Namibia. The prospective resource estimates were provided by a third party independent report (the "2713A Evaluation") supplied by DeGolyer and MacNaughton ("D&M") of Dallas, Texas. The D&M Prospective Resource Evaluation Report for Block 2713A, effective April 1, 2010, was prepared in accordance with National Instrument 51-101 ("NI 51-101"), Sections 5.9 and 5.10 standards for review and assessment of prospective resources. Overall, D&M has reported an unrisked mean oil-equivalent prospective resource at Block 2713A of 2.39 billion BOE (converting gas to oil at 6:1), and a risked mean prospective resource of 567 million BOE.

      "The 2713A Evaluation provides an independent resource evaluation and is an important step forward in Universal's exploration program," said Mr. Gabriel Ollivier, CEO of Universal Power. "The calculated probability of success of 23% for the Block makes for robust risked economics and supports our belief that there is significant crude oil to be found in offshore Namibia. We feel that collectively the defined prospective resource of Block 2713A, related scientific findings and the large structural features already mapped will be of significant interest to the world's major oil and gas companies."

      Summary of Block 2713A Evaluation

      Gross Unrisked and Risked Recoverable Resource Estimates for Namibian Block 2713A, as of April 1, 2010, Citing the Statistical Aggregate Outcome:



      -------------------------------------------------------------------------
      P90 P50 P10
      Description (Low Est.) (Best Est.) (High Est.) Mean Est.
      -------------------------------------------------------------------------

      -------------------------------------------------------------------------
      Unrisked Recov. Oil
      (10(3) bbl) 1,444,765 2,104,579 3,065,903 2,197,245
      -------------------------------------------------------------------------
      Unrisked Recov.
      Solution Gas (BCF) 370.0 911.3 2,244.5 1,167.0
      -------------------------------------------------------------------------

      -------------------------------------------------------------------------
      Risked Recov. Oil
      (10(3) bbl) 342,577 499,029 726,974 521,002
      -------------------------------------------------------------------------
      Risked Recov. Solution
      Gas (BCF) 88.4 217.6 536.0 278.7
      -------------------------------------------------------------------------

      -------------------------------------------------------------------------
      Gross Unrisked BOE
      (10(3) Gas at 6:1) 1,506,435 2,256,456 3,439,986 2,391,742
      -------------------------------------------------------------------------
      Gross Risked BOE
      (10(3) Gas at 6:1) 357,305 535,301 816,314 567,452
      -------------------------------------------------------------------------





      Of note, only a portion of Block 2713A has been mapped, leading to the identification of two oil prospects and two leads, all of which were reviewed by D&M for purposes of the resource report. The most significant prospect, Chimay, is a sub-salt equivalent play similar in age and geologic setting to the large Tupi and Jupiter discoveries made in the Santos Basin in offshore Brazil.

      The 2713A Evaluation is authored by D&M independent consultant, Thomas C. Pence, P.E., registered in the State of Texas. The report has been prepared in accordance with Sections 5.9 and 5.10 of NI 51-101, and is based upon the authors' review of technical data including geology, geophysics and reservoir parameters.

      The full 2713A Evaluation Report is available on the Company's website at www.universalpowercorp.com and is filed on SEDAR at www.sedar.com. Universal recommends that readers refer to the 2713A Evaluation in its entirety as it details the process for determining the resource estimate, the assumptions underpinning the modeling, and defines all of the technical terms used.

      The resources described in the 2713A Evaluation and in this release are "undiscovered resources" as defined in the Canadian Oil and Gas Evaluation ("COGE") Handbook. Undiscovered resources are defined as those quantities of oil and gas estimates on a given date to be contained in accumulations yet to be discovered. The estimate of the potentially recoverable portions of undiscovered resources are classified as prospective resources. Prospective resources are defined as those quantities of oil and gas estimated on a given date to be potentially recoverable from undiscovered accumulations technically viable and economic to recover.

      In accordance with Section 5.9 of NI 51-101, the Company declares that there is no certainty that any portion of these resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources.

      Summary of the Block 2713A

      The Company's 90% owned subsidiary Kunene Energy (Proprietary) Limited holds the interest in the permit and the exploration concession, issued on August 30, 2007, by the Republic of Namibia, Ministry of Mines and Energy. The 2713A Block totals 5,481 square kilometers.

      Exploration Risk

      The 2713A Evaluation provides a discussion assessing the probability of geological success in undertaking a test well program on the 2713A prospect. The risk factors in assessing the probability are associated with source rock risk, migration risk, reservoir risk, closure risk, and containment risk, each of which are discussed in the 2713A Evaluation. A negative outcome from any one of, or a combination of, these risk factors has the potential for failure to discover economic concentrations of hydrocarbons.

      3D Seismic Plan at Block 2713A

      Universal is currently in the first exploration period which consists of four years of technical work. The Company plans on completing a 3D seismic program over the prospective areas that Universal currently has access to. The acquisition of seismic should be complete by March 31, 2011.

      Other Information

      About BOE

      BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

      About the Authors of the Evaluation

      DeGolyer and MacNaughton is an international petroleum consulting firm with offices in the United States of America, Canada and Russia, who specialize in evaluation of reserves and resources for major oil and gas companies, governments, financial institutions and the investment industry. DeGolyer and MacNaughton have conducted assessments of and for the largest petroleum and financial companies in the world. During seven decades, the firm has successfully performed studies on hundreds of thousands of petroleum properties in more than 100 countries.

      About Universal Power Corp.

      Universal Power Corp. is an oil and gas company focused on building a portfolio of high impact exploration targets in offshore Namibia, Africa. The Company has more than 51,000 gross square kilometers of Namibian offshore concessions along the prolific South Atlantic Margin. The Company has a newly expanded managerial and technical team supported by strong Namibian partnerships, and is thus well positioned to make a significant contribution to the exploration and development of Namibia's offshore oil and gas concessions.



      On Behalf of the Board of Directors
      of Universal Power Corp.

      Duane Parnham
      Chairman
      Avatar
      schrieb am 21.06.10 11:15:07
      Beitrag Nr. 22 ()
      Universal Power Corp. Announces Pricing of Equity Offering

      Jun 18, 10


      Calgary, Alberta, Canada – June 18, 2010

      Universal Power Corp. (TSXV:UNX) (“Universal” or the “Corporation”) is pleased to announce that it has priced its previously announced marketed public offering (the "Offering") of common shares of Universal (the "Common Shares"). Pursuant to the Offering, the Corporation will issue 11,430,000 Common Shares at a price of $1.75 per Common Share for gross proceeds of approximately $20.0 million. The Offering is being led by Cormark Securities Inc. on behalf of a syndicate of underwriters including Macquarie Capital Markets Canada Ltd., Clarus Securities Inc., FirstEnergy Capital Corp. and Raymond James Ltd. (collectively, the Underwriters"). Pursuant to the terms of the Offering, the Corporation has agreed to grant the Underwriters an over-allotment option to purchase an additional 1,714,500 Common Shares, equal to up to 15% of the Common Shares sold pursuant to the Offering, exercisable at any time, in whole or in part, up to 30 days from the closing of the Offering.

      Net proceeds of the Offering will be used to fund Universal’s ongoing exploration activities in Namibia, Africa, including the acquisition of seismic data and for general corporate purposes.

      The Common Shares will be sold publicly in all provinces of Canada (other than Québec) and on a private placement basis in the United States pursuant to exemptions from the registration requirements of the U.S. Securities Act of 1933, as amended (the "1933 Act") and such other jurisdictions as may be agreed to by the Corporation and the Underwriters.

      The Offering is scheduled to close on or about July 8, 2010 and is subject to certain customary conditions and regulatory approvals, including the approval of the TSX Venture Exchange.

      This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or any other jurisdiction outside of Canada, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Common Shares offered have not been, and will not be, registered under the 1933 Act, or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.

      Additional information on Universal may also be examined and/or obtained through the internet by accessing the Corporation’s website at www.universalpowercorp.com.

      http://www.universalpowercorp.com/news/news.php#62
      Avatar
      schrieb am 30.06.10 10:29:44
      Beitrag Nr. 23 ()
      Schon gesehen?


      This short form prospectus constitutes a public offering of these securities only in those jurisdictions where they may be lawfully
      offered for sale and therein only by persons permitted to sell such securities. No securities regulatory authority has expressed an
      opinion about these securities and it is an offence to claim otherwise.
      Information has been incorporated by reference in this prospectus from documents filed with securities commissions or similar
      authorities in Canada. Copies of the documents incorporated herein by reference may be obtained on request without charge from
      the Chief Financial Officer of Universal Power Corp. at 1800, 715 – 5th Avenue S.W., Calgary, Alberta, T2P 2X6, telephone (403)
      984-6430, and are also available electronically at www.sedar.com. See “Documents Incorporated by Reference”.
      This short form prospectus and the Offering (as defined herein) are addressed to, and are distributed to and directed at, only those
      persons in the United Kingdom who (i) are “qualified investors” within the meaning of section 86(7) of the United Kingdom Financial
      Services and Markets Act 2000 (as amended) (the “FSMA”) and fall within the categories of persons referred to in Article 19
      (Investment professionals) or Article 49 (High net worth companies, unincorporated associations etc.) of the Financial Services and
      Markets Act 2000 (Financial Promotion) Order 2005 (as amended), or (ii) are persons to whom, or at whom, communications in
      respect of the securities being offered hereunder may otherwise be lawfully made or directed (all such persons together being referred
      to as “relevant persons”). Any investment or investment activity to which this prospectus relates is available in the United Kingdom
      only to relevant persons and will be engaged in only with relevant persons. Any person who is not a relevant person should not act or
      rely on this prospectus or any of its contents. This prospectus contains no offer of transferable securities to the public in the United
      Kingdom within the meaning of sections 85(1) and 102B of the FSMA. This prospectus is not a prospectus for the purposes of section
      85(1) of the FSMA. Accordingly, this prospectus has not been approved as a prospectus by the United Kingdom Financial Services
      Authority (the “FSA”) under section 87A of the FSMA, and has not been filed with the FSA or published pursuant to the United
      Kingdom Prospectus Rules issued by the FSA and has not been approved by a person authorised under the FSMA. See “Plan of
      Distribution”.
      These securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “1933
      Act”), or any state securities laws. Accordingly, these securities may not be offered or sold within the United States except in
      accordance with the Underwriting Agreement (as defined herein) and pursuant to an exemption from the registration requirements of
      the 1933 Act and applicable state securities laws. This short form prospectus does not constitute an offer to sell or a solicitation of an
      offer to buy any of these securities within the United States. See “Plan of Distribution”.
      New Issue June 29, 2010
      SHORT FORM PROSPECTUS
      $20,002,500
      11,430,000 Offered Shares
      Price: $1.75 per Offered Share
      This short form prospectus qualifies the distribution of 11,430,000 common shares (the “Offered Shares”) of
      Universal Power Corp. (“Universal” or the “Company”) at a price of $1.75 (the “Offering Price”) per
      Offered Share (the “Offering”). See “Plan of Distribution” and “Details of the Offering”.
      The issued and outstanding common shares in the capital of the Company (the “Common Shares”) are listed
      and posted for trading on the TSX Venture Exchange (the “TSXV”) under the symbol “UNX”. On June 28,
      2010, the last trading day prior to the date of this short form prospectus, the closing price of the Common
      Shares on the TSXV was $1.67. The TSXV has conditionally approved the listing of the Offered Shares
      (including the Option Shares (as defined herein) issuable pursuant to the Over-Allotment Option (as defined
      ii
      herein)) distributed under this short form prospectus, subject to the Company fulfilling all of the listing
      requirements of the TSXV contained in the TSXV conditional approval letter.
      The terms of the Offering, including the Offering Price, were determined by negotiation between the
      Company and Cormark Securities Inc. (“Cormark”), on its own behalf and on behalf of Macquarie Capital
      Markets Canada Ltd., Clarus Securities Inc., FirstEnergy Capital Corp. and Raymond James Ltd.
      (collectively, the “Underwriters”). See “Plan of Distribution”.
      Price to the Public Underwriters’ Fee(1)
      Net Proceeds to the
      Company(1)(2)
      Per Offered Share $1.75 $0.105 $1.645
      Total(3) $20,002,500 $1,200,150 $18,802,350
      Notes:
      (1) The Company has agreed to pay the Underwriters a cash commission equal to 6% of the gross proceeds of the Offering.
      See “Plan of Distribution”.
      (2) Before deducting the expenses of the Offering, estimated to be $300,000, which will be paid from the gross proceeds of the
      Offering.
      (3) The Company has granted the Underwriters an option (the “Over-Allotment Option”) to purchase up to an additional
      1,714,500 Common Shares (the “Option Shares”) on the same terms and conditions as the Offering, exercisable in whole
      or in part at any time from the date of the closing of the Offering until and including 30 days thereafter, to cover overallotments,
      if any. In respect of the Over-Allotment Option, the Company will pay to the Underwriters a fee equal to 6% of
      the proceeds realized on the exercise of the Over-Allotment Option, or $0.105 per Option Share. If the Over-Allotment
      Option is exercised in full, the total offering, Underwriters’ fee and net proceeds to the Company (before deducting
      expenses of the total offering) will be $23,002,875, $1,380,172.50 and $21,622,702.50, respectively. This short form
      prospectus qualifies the distribution of the Option Shares issuable upon exercise of the Over-Allotment Option and a
      purchaser who acquires Option Shares forming any part of the Underwriters’ over-allocation position, if applicable, acquires
      those Option Shares under this short form prospectus, regardless of whether the Underwriters’ over-allocation position is
      ultimately filled through the exercise of the Over-Allotment Option or secondary market purchases. See “Plan of
      Distribution”.
      The following table sets forth the number of Option Shares that have been issued or may be issued by the
      Company pursuant to the Over-Allotment Option:
      Underwriters’ Position
      Maximum size or
      number of securities
      available Exercise period Exercise price
      Over-Allotment Option Up to 1,714,500 Option
      Shares, if exercised in full
      Any time within 30 days
      after the closing of the
      Offering
      $1.75 per Option Share
      The Underwriters, as principals, conditionally offer the Offered Shares, subject to prior sale, if, as and when
      issued by the Company and accepted by the Underwriters in accordance with the conditions contained in the
      Underwriting Agreement referred to under “Plan of Distribution” and subject to approval of certain legal
      matters relating the Offering on behalf of the Company by McCarthy Tétrault LLP and on behalf of the
      Underwriters by Blake, Cassels & Graydon LLP. The Offered Shares and Option Shares are to be taken up
      by the Underwriters, if at all, on or before a date not later than 42 days after the receipt for this short form
      prospectus.
      Subscription for the Offered Shares will be received subject to rejection or allotment in whole or in part and
      the right is reserved to close the subscription books at any time without notice. It is expected that closing will
      iii
      occur on or about July 8, 2010, or such other date as the Company and the Underwriters may agree, but in any
      event, not later than July 31, 2010. See “Plan of Distribution”.
      The Underwriters propose to offer the Offered Shares initially at the Offering Price. After a
      reasonable effort has been made to sell all of the Offered Shares at the price specified, the Underwriters
      may subsequently reduce the selling price to investors from time to time in order to sell any of the
      Offered Shares remaining unsold. Any such reduction will not affect the proceeds received by the
      Company. See “Plan of Distribution”.
      Subject to applicable laws, the Underwriters may, in connection with the Offering, effect transactions which
      stabilize or maintain the market price of the Common Shares at levels other than those which might otherwise
      prevail on the open market. Such transactions, if commenced, may be discontinued at any time. See “Plan of
      Distribution”.
      An investment in the Offered Shares involves a high degree of risk, should be considered speculative
      and is only suitable for those investors who are willing to risk a loss of their entire investment. An
      investment in the Offered Shares is speculative due to the nature of the Company’s involvement in the
      exploration for, and the acquisition, development and production of, oil and natural gas reserves and
      resources outside of Canada. See the risk factors identified under the heading “Risk Factors” and
      “Forward-Looking Statements” in this short form prospectus and in the AIF (as defined herein).
      Investors should rely only on the information contained in or incorporated by reference in this short form
      prospectus. The Company has not authorized anyone to provide investors with different information.
      Investors should not assume that the information contained in this short form prospectus is accurate as of any
      date other than the date of this short form prospectus.
      Universal Power Corp.’s head office is located at 1800, 715 – 5th Avenue S.W., Calgary, Alberta, T2P 2X6
      and its registered office is located at Clark Wilson LLP, 800, 855 Georgia Street West, Vancouver, British
      Columbia, V6C 3H1.
      1
      TABLE OF CONTENTS
      ABBREVIATIONS ..................................................................................................................................... 2
      PRESENTATION OF OIL AND GAS INFORMATION............................................................................ 2
      CURRENCY AND EXCHANGE RATE INFORMATION........................................................................ 2
      FORWARD-LOOKING STATEMENTS .................................................................................................... 3
      DOCUMENTS INCORPORATED BY REFERENCE................................................................................ 5
      UNIVERSAL POWER CORP. .................................................................................................................... 7
      DESCRIPTION OF THE BUSINESS.......................................................................................................... 8
      DESCRIPTION OF PROPERTIES AND OBLIGATIONS......................................................................... 9
      RECENT DEVELOPMENTS .................................................................................................................... 12
      CONSOLIDATED CAPITALIZATION OF THE COMPANY................................................................ 13
      DESCRIPTION OF SHARE CAPITAL..................................................................................................... 14
      PRIOR SALES........................................................................................................................................... 14
      MARKET FOR SECURITIES ................................................................................................................... 15
      USE OF PROCEEDS ................................................................................................................................ 16
      PLAN OF DISTRIBUTION...................................................................................................................... 17
      ELIGIBILITY FOR INVESTMENT.......................................................................................................... 19
      RISK FACTORS ....................................................................................................................................... 20
      AUDITORS, TRANSFER AGENT AND REGISTRAR........................................................................... 22
      INTEREST OF EXPERTS ......................................................................................................................... 22
      PURCHASERS’ STATUTORY RIGHTS ................................................................................................. 22
      AUDITORS’ CONSENT........................................................................................................................... 23
      CERTIFICATE OF THE COMPANY ..................................................................................................... C-1
      CERTIFICATE OF THE UNDERWRITERS.......................................................................................... C-2
      2
      ABBREVIATIONS
      In this short form prospectus, unless the context otherwise requires, the following terms shall have the
      following meanings:
      Oil & Natural Gas Liquids Natural Gas
      Bbls Barrels of crude oil Mcf Thousand cubic feet of natural gas
      Bbls/d Barrels of crude oil per day MMcf Million cubic feet of natural gas
      Boe Barrels of oil equivalent Bcf Billion cubic feet of natural gas
      Boe/d Barrels of oil equivalent per day Tcf Trillion cubic feet of natural gas
      Mbbl Thousands of barrels of crude oil Mcfd Thousand cubic feet of natural gas per day
      NGL Natural gas liquids Mcfe Thousand cubic feet of gas equivalent
      Other
      API an indication of the specific gravity of crude oil measured on the API gravity scale. Liquid petroleum
      with a specified gravity of 28° API or higher is generally referred to as light crude oil.
      The calculation of Boe and Mcf are based on the standard of 6 Mcf : 1 Bbl when converting natural gas to oil
      and 1 Bbl : 6 Mcf when converting oil to natural gas. Boe and Mcfe may be misleading, particularly if used
      in isolation. A Boe conversion ratio of 6 Mcf : 1 Bbl or an Mcfe conversion ratio of 1 Bbl : 6 Mcf is based on
      an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value
      equivalency at the wellhead.
      PRESENTATION OF OIL AND GAS INFORMATION
      All oil and gas information contained in this short form prospectus and the documents incorporated by
      reference herein, has been prepared and presented in accordance with National Instrument 51-101 – Standards
      of Disclosure for Oil and Gas Activities (“NI 51-101”).
      CURRENCY AND EXCHANGE RATE INFORMATION
      In this short form prospectus, references to “$” are references to Canadian dollars, references to “US$” are
      references to United States dollars.
      The following table sets forth, for each of the periods indicated, the high and low rates of exchange for one
      Canadian dollar expressed in United States dollars, the average rate of exchange during each such period and
      the end of period rate, each based on the noon buying rate published by the Bank of Canada (the “Noon
      Buying Rate”).
      3
      Three months ended March 31, Year ended December 31,
      2010 2009 2008 2007
      US$ US$ US$ US$
      High 0.9888 0.9716 1.0289 1.0905
      Low 0.9316 0.7692 0.7711 0.8437
      Average 0.9618 0.8797 0.9441 0.9348
      End of Period 0.9846 0.9555 0.8166 1.0120
      On June 28, 2010, the Noon Buying Rate was $1.00 = US$0.9674 as reported by the Bank of Canada.
      FORWARD-LOOKING STATEMENTS
      Certain statements contained in this short form prospectus may constitute forward-looking statements. These
      statements relate to future events or the Company’s future performance. All statements other than statements
      of historical fact may be forward-looking statements. Statements relating to “reserve” or “resources” are
      deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates
      and assumptions that the reserves and resources described can be profitably produced in the future.
      Forward-looking statements are often, but not always, identified by the use of words such as “seek”,
      “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”,
      “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. These statements
      involve known and unknown risks, uncertainties and other factors that may cause actual results or events to
      differ materially from those anticipated in such forward-looking statements. The Company believes that the
      expectations reflected in those forward-looking statements are reasonable but no assurance can be given that
      these expectations will prove to be correct and such forward-looking statements included in this short form
      prospectus should not be unduly relied upon by investors.
      These statements speak only as of the date of this short form prospectus and are expressly qualified, in their
      entirety, by this cautionary statement.
      Any statements regarding the following are forward looking statements:
      • planned exploration activity including both expected drilling and geological and geophysical
      related activities;
      • capital expenditure programs;
      • projections of market prices and costs;
      • possible commerciality;
      • available and potential farm-out partners;
      • future drilling of new wells;
      • impact of increasing competition;
      • supply and demand for oil and natural gas;
      • ultimate recoverability of current and long-term assets;
      • expectations regarding the Company’s ability to raise capital and to continually add to
      reserves through acquisitions and development;
      • future foreign currency exchange rates;
      • future market interest rates;
      • the Company’s ability to obtain additional financing on satisfactory terms;
      • future production levels;
      4
      • future capital expenditures and their allocation between blocks;
      • future earnings;
      • future asset acquisitions and dispositions;
      • future debt levels;
      • future sources of liquidity, cash flows and their uses;
      • estimates on per share basis;
      • the Canadian legislative and regulatory environment;
      • government or other regulatory consent for exploration, development or acquisition
      activities;
      • treatment under governmental regulatory and taxation regimes;
      • future expenditures and future allowances relating to environmental matters;
      • the use of proceeds from the Offering;
      • completion of the Offering and timing thereof; and
      • changes in any of the foregoing.
      With respect to forward-looking statements contained in this short form prospectus, the Company has made
      assumptions regarding, among other things:
      • planned exploration activity including both expected drilling and geological and geophysical
      related activities;
      • capital expenditure programs;
      • possible commerciality;
      • available and potential farm-out partners;
      • future drilling of new wells;
      • impact of increasing competition;
      • supply and demand for oil and natural gas;
      • ultimate recoverability of current and long-term assets;
      • expectations regarding the Company’s ability to raise capital and to continually add to
      reserves through acquisitions and development;
      • future foreign currency exchange rates;
      • future market interest rates;
      • the Company’s ability to obtain additional financing on satisfactory terms;
      • future capital expenditures and their allocation between blocks;
      • future asset acquisitions and dispositions;
      • future sources of liquidity, cash flows and their uses;
      • estimates on per share basis;
      • the Canadian legislative and regulatory environment;
      • government or other regulatory consent for exploration, development or acquisition
      activities;
      • treatment under governmental regulatory and taxation regimes;
      • future expenditures and future allowances relating to environmental matters;
      • the use of proceeds from the Offering;
      • completion of the Offering and timing thereof; and
      • changes in any of the foregoing.
      The Company’s actual results could differ materially from those anticipated in these forward-looking
      statements as a result of risk factors set forth below and elsewhere in this short form prospectus:
      • volatility in the market prices for oil and natural gas;
      5
      • uncertainties associated with estimating reserves;
      • ability to explore, develop, produce and transport crude oil and natural gas to markets;
      • geological, technical, drilling and processing problems;
      • the results of exploration and development drilling and related activities;
      • liabilities and risks, including environmental liabilities and risks, inherent in oil and natural
      gas operations;
      • volatility in energy trading markets;
      • foreign-currency exchange rates;
      • economic conditions in the countries and regions in which the Company carries on business;
      • competition for, among other things, capital, acquisitions of reserves, undeveloped lands and
      skilled personnel;
      • governmental actions including changes to taxes or royalties, changes in environmental and
      other laws and regulations;
      • renegotiations of contracts;
      • results of litigation, arbitration or regulatory proceedings;
      • political uncertainty, including actions by terrorists, insurgent or other groups, or other
      armed conflict;
      • corruption or other illegal activities in the country in which the Company carries on business;
      • conflict between states; and
      • other factors referred to under “Risk Factors”.
      Readers are cautioned that the foregoing list of risk factors is not exhaustive. The forward-looking
      statements contained in this short form prospectus and the documents incorporated by reference herein
      are expressly qualified by this cautionary statement. The Company is not under any duty to update
      any of the forward-looking statements after the date of this short form prospectus or to conform such
      statements to actual results or to changes in the Company’s expectations and the Company disclaims
      any intent or obligation to update publicly any forward-looking statements, whether as a result of new
      information, future events or results or otherwise, other than as required by applicable securities laws.
      DOCUMENTS INCORPORATED BY REFERENCE
      Information has been incorporated by reference in this short form prospectus from documents filed
      with securities commissions or similar authorities in each of the provinces of Canada other than the
      Province of Québec. Copies of the documents incorporated herein by reference may be obtained on request
      without charge from the Chief Financial Officer of the Company at 1800, 715 – 5th Avenue S.W., Calgary,
      Alberta, T2P 2X6, telephone (403) 984-6430. These documents are also available through the internet on the
      System for Electronic Document Analysis and Retrieval (SEDAR), which can be accessed at www.sedar.com.
      The following documents, filed with the securities commissions or similar authorities in each of the provinces
      of Canada except the Province of Québec, are specifically incorporated by reference in, and form an integral
      part of, this short form prospectus, provided that such documents are not incorporated by reference to the
      extent that their contents are modified or superseded by a statement contained in this short form prospectus or
      in any other subsequently filed document that is also incorporated by reference in this short form prospectus:
      (a) the annual information form of the Company dated May 12, 2010 for the fiscal year ended
      December 31, 2009 (the “AIF”);
      (b) the audited consolidated balance sheets of the Company as at December 31, 2009 and 2008
      and the consolidated statements of operations and comprehensive loss, changes in equity and
      cash flows for the years then ended together with notes thereto and the auditors’ report
      6
      thereon and management’s discussion and analysis of the financial condition and operations
      of the Company (the “MD&A”) for the year ended December 31, 2009;
      (c) the unaudited consolidated financial statements of the Company together with the notes
      thereto (the “Q1 2010 Financial Statements”) as at March 31, 2010 and December 31, 2009
      and for the three months ended March 31, 2010 and 2009 and management’s discussion and
      analysis of the financial condition and operations of the Company for the three months ended
      March 31, 2010;
      (d) the management information circular dated September 15, 2009 with respect to the annual
      general meeting of shareholders of the Company held on October 20, 2009;
      (e) the material change report dated January 13, 2010 with respect to the granting of 950,000
      stock options to certain directors and officers of the Company at an exercise price of $0.95
      per share;
      (f) the material change report dated January 11, 2010 with respect to the addition of Mr. Gabriel
      Ollivier and Mr. Mark Monaghan to the board of directors;
      (g) the material change report dated February 9, 2010 with respect to (i) management and board
      of director appointments: Mr. Gabriel Ollivier as Chief Executive Officer, Mr. Curtis Evert
      as Vice President, Exploration and New Ventures and Mr. Mark Frewin as an independent
      member of the board of directors; and (ii) the granting of 900,000 stock options to certain
      directors and officers of the Company at an exercise price of $1.00 per share;
      (h) the material change report dated April 15, 2010 with respect to: (i) the appointment of Ms.
      Maria Elliott as Vice President, Finance and Chief Financial Officer, the resignation of Mr.
      Barry Swanson as Chief Financial Officer and director; and (ii) the granting of 500,000 stock
      options to certain directors and officers of the Company at an exercise price of $2.27 per
      share;
      (i) the material change report dated May 21, 2010 with respect to the award of a Petroleum
      Exploration Licence for the offshore Namibian blocks 2813A, 2814B and 2914A by the
      Ministry of Mines and Energy of the Republic of Namibia;
      (j) the material change report dated May 25, 2010 with respect to: (i) the addition of
      Mr. Michael Black and Mr. Keith Turnbull to the board of directors; and (ii) the granting of
      600,000 stock options to certain directors and officers of the Company at an exercise price of
      $2.00 per share;
      (k) the material change report dated June 9, 2010 with respect to prospective resource estimates
      for the Company’s 90% owned 2713A Exploration Licence, representing approximately
      16% of the Company’s net land position in offshore Namibia; and
      (l) the material change report dated June 23, 2010 with respect to pricing of the Offering.
      Any documents of the type required by National Instrument 44-101 – Short Form Prospectus Distributions to
      be incorporated by reference in a short form prospectus including any material change reports (excluding
      material change reports filed on a confidential basis), comparative interim financial statements, comparative
      annual financial statements and the auditors’ report thereon, management’s discussion and analysis of
      financial condition and results of operations, information circulars, annual information forms and business
      7
      acquisition reports filed by the Company with the securities commissions or similar authorities in the
      provinces of Canada except the Province of Québec subsequent to the date of this short form prospectus and
      prior to the termination of this Offering are deemed to be incorporated by reference in this short form
      prospectus.
      Any statement contained in this short form prospectus or in a document incorporated or deemed to be
      incorporated by reference herein shall be deemed to be modified or superseded, for purposes of this short
      form prospectus, to the extent that a statement contained herein or in any other subsequently filed document
      which also is, or is deemed to be, incorporated by reference herein modifies or supersedes such statement.
      The modifying or superseding statement need not state that it has modified or superseded a prior statement or
      include any other information set forth in the document that it modifies or supersedes. Any statement so
      modified or superseded shall not constitute a part of this short form prospectus, except as so modified or
      superseded.
      UNIVERSAL POWER CORP.
      Name, Address and Incorporation
      Universal was incorporated on October 8, 1987 in the Province of British Columbia, Canada by registration of
      its Memorandum and Articles pursuant to the Company Act (British Columbia) under the name 334496
      British Columbia Limited. By special resolution of members dated November 13, 1987 and accepted for filing
      by the Registrar of Companies for British Columbia on November 17, 1987, the Company changed its name
      to Barona Resources Ltd. By special resolution of members dated June 5, 1998 and accepted for filing by the
      Registrar of Companies for British Columbia on June 25, 1998, the Company changed its name to Universal
      Exploration Company.
      On February 10, 2006, the Company adopted new Articles pursuant to the Business Corporations Act (British
      Columbia). By special resolution of members dated July 12, 2007 and accepted for filing by the Registrar of
      Companies for British Columbia on October 5, 2007, the Company changed its name to Universal Power
      Corp.
      Universal’s registered and records office is located at Clark Wilson LLP, 800 – 855 Georgia Street West,
      Vancouver, BC, V6C 3H1. The Company’s corporate office is located at 1800, 715 – 5th Avenue S.W.,
      Calgary, Alberta, T2P 2X6.
      8
      Intercorporate Relationships
      The material subsidiaries owned by Universal as at the date hereof are set out in the following organization
      chart:
      DESCRIPTION OF THE BUSINESS
      Universal is an international oil and gas company with its head office in Calgary, Alberta, Canada and oil and
      gas interests in Namibia, Africa. The Company is focused on building a portfolio of highly prospective and
      under-explored exploration and development targets. Management follows the Project Generator business
      model, using joint ventures to fund exploration in order to reduce risk and minimize shareholder dilution:
      • Stage 1: Identify and acquire high potential properties then compile, acquire and interpret data;
      • Stage 2: Perform early stage or confirmatory exploration and/or advance property to the drill-ready
      stage;
      • Stage 3: Find partners that will earn an interest in projects by committing to exploration costs and by
      potentially reimbursing the Company for exploration back costs; and
      • Stage 4: Create joint venture after partner has “earned-in”. Each partner is then responsible for their
      percentage interest.
      The Company’s strategy in the short term is to investigate the availability of reasonable farm-out terms with
      industry partners and to implement further work programs that will add to the Company’s prospects.
      The management team has established good relationships with the Namibian Government and its Black
      Economic Empowerment partners with over eight years of in-country development. The Company is focused
      on the exploration of the South Atlantic margin basins in offshore Namibia and has working interest in 42,370
      square kilometres and carried interest in 8,903 square kilometres of exploration concessions.
      The Company has focused its efforts in offshore Namibia as it believes that Namibia shares a common
      geological history with Brazil and a similar petroleum system style and given the three large discoveries
      9
      which have been recently reported in deeper horizons within the Santos Basin in Brazil (Tupi, Carioca and
      Jupiter), there is potential in Namibia for similar large oil and gas discoveries.
      DESCRIPTION OF PROPERTIES AND OBLIGATIONS
      Block 1711 (Carried interest as at June 16, 2010 – 2.7%)
      Block 1711 is located in the northern part of the Namibian continental shelf and is part of Kwanza-Cameroon
      Province. The Block’s size is approximately 8,903 square kilometres.
      The petroleum agreement for Block 1711 includes an initial exploration period of four years, which ended in
      March, 2010. On April 5, 2010 the petroleum exploration licence for Block 1711 was renewed for an
      additional two year period, moving it to the second exploration period. The Company has a carried interest in
      Block 1711, and therefore does not have any financial obligation. The carried dollar amount during the
      exploration period will be reimbursed to the carrying party by way of a percentage of the carried party’s net
      cash flow in the event of a commercial discovery. Other license holders and their respective interests in Block
      1711 are as follows: Sintez Group LLC and Nakor Investments Limited (70% working interest); the
      Petroleum, Oil and Gas Corporation of South Africa (Pty) Ltd. (“PetroSA”) (10% working interest);
      EnerGulf Namibia Inc. (10% working interest); National Petroleum Corporation of Namibia (Pty) Ltd. (7%
      10
      carried interest); and Kunene Energy (Proprietary) Limited (3% carried interest). The Company owns 90% of
      Kunene Energy (Proprietary) Limited and as such the Company holds a 2.7% carried interest in Block 1711.
      Blocks 2713A, 2713B, 2815, 2816, 2915, 2813A, 2814B, and 2914A
      Block 2713A and Block 2713B (Working interest as at June 16, 2010 – 90%)
      Blocks 2713A and 2713B are located in the southern portion of Namibia. These Blocks are approximately
      150 kilometres offshore and approximately 150 kilometres northwest of the Kudu gas field, which consumes
      most of Block 2814C. Each Block is 5,481 square kilometres (for a total of 10,962 square kilometres) and is
      situated on the boundary between the Luderitz and the Orange Basin offshore Namibia. These Blocks are
      adjacent to blocks currently being explored by Petrobras Energia Participaciones SA.
      The 10% that the Company does not own in the petroleum exploration license is a carried interest and the
      carried dollar amount during the exploration period will be reimbursed to the carrying party by way of a
      percentage of the carried party’s net cash flow in the event of a commercial discovery.
      The exploration licences on Blocks 2713A and 2713B were granted for an initial exploration period of four
      years, ending in August, 2011. The initial exploration period requires the execution of various technical
      studies, seismic reprocessing, interpretation, mapping, the use of remote sensing equipment, 1,000 kilometres
      of 2D seismic acquisition and 400 square kilometres of 3D seismic acquisition.
      The total minimum capital expenditure required during the initial exploration period is US$1.1 million. In
      fulfilling all obligations of the initial exploration period, the Company has outstanding commitments on these
      Blocks of 1,000 kilometres of 2D seismic acquisition and 400 square kilometres of 3D seismic acquisition in
      the amount of $7.5 million, which must be completed by the expiry date of August 2011.
      Prior to the expiry of the petroleum exploration license, and assuming that the Company has met its
      obligations, the Company will notify the Ministry of Mines and Energy of the Republic of Namibia if it
      intends to commit to the first renewal exploration period. If the Company does not elect to renew, the Blocks
      will expire with no further commitments. If the Company elects to renew and the Ministry of Mines and
      Energy of the Republic of Namibia grants the renewal, then the commitments for the first renewal exploration
      period will take effect. The commitment for 2713A and 2713B for the first renewal period is the drilling of
      11
      one exploration well to a minimum depth of 4,000 metres below the seabed between August 2011 and August
      2013, at a minimum total cost of US$5 million.
      Blocks 2815, 2816, and 2915 (Working interest as at June 16, 2010 – 90%)
      Blocks 2815, 2816, and 2915 are located in the southern-most portion of Namibia, offshore, and east of the
      Kudu gas field. The three Blocks collectively cover approximately 16,026 square kilometres and are located
      in the sedimentary region known as the Orange Basin. Block 2815 is approximately 10,420 square
      kilometres, Block 2816 is approximately 2,055 square kilometres and Block 2915 is approximately 3,551
      square kilometres.
      The 10% that that the Company does not own in the petroleum exploration license is a carried interest and the
      carried dollar amount during the exploration period will be reimbursed to the carrying party by way of a
      percentage of the carried party’s net cash flow in the event of a commercial discovery.
      The exploration licences on Blocks 2815, 2816, and 2915, were granted for an initial exploration period of
      four years, ending in September, 2010. The initial exploration period requires the execution of various
      technical studies, seismic reprocessing, interpretation, mapping, the use of remote sensing equipment, 1,500
      kilometres of 2D seismic acquisition and 400 square kilometres of 3D seismic acquisition.
      The total minimum capital expenditure required during the initial exploration period is US$3.1 million. In
      fulfilling all obligations of the initial exploration period, the Company still has outstanding commitments on
      the Blocks of 1,500 kilometres of 2D seismic acquisition and 400 square kilometres of 3D seismic acquisition
      in the amount of $8.25 million, which must be completed before September 22, 2010 (subject to the expiry
      date for any extension). The Company has applied for an extension on Blocks 2815, 2816 and 2915, however,
      no assurances can be made that such extension will be granted. See “Risk Factors” in the AIF, which is
      incorporated by reference herein.
      Prior to the expiry of the petroleum exploration license, and assuming that the Company has met its
      obligations, the Company will notify the Ministry of Mines and Energy of the Republic of Namibia if it
      intends to commit to the first renewal exploration period. If the Company does not elect to renew, the Blocks
      will expire with no further commitments. If the Company elects to renew and the Ministry of Mines and
      Energy of the Republic of Namibia grants the renewal, then the commitments for the first renewal exploration
      period will take effect. The commitment for 2815, 2816 and 2915 for the first renewal period is 200 square
      kilometres of 3D seismic acquisition, the identification of additional drilling targets and the drilling of one
      exploration well to a minimum depth of 3,000 metres below the seabed, by the end of the first renewal
      exploration period, at a minimum total cost of US$10 million.
      Blocks 2813A, 2814B, and 2914A (Working interest as at June 16, 2010 – 40%)
      Blocks 2813A, 2814B, and 2914A are located in the southern portion of Namibia, offshore, west and south of
      the Kudu gas field. The three Blocks collectively cover approximately 15,382 square kilometres and are
      located in the sedimentary region known as the Orange Basin. Block 2813A is approximately 5,440 square
      kilometres, Block 2814B is approximately 4,564 square kilometres and Block 2914A is approximately 5,378
      square kilometres. Other license holders and their respective interests in Blocks 2813A, 2814B, and 2914A
      are as follows: HRT Oil & Gas Exploração e Produção de Petróleo Ltd. (“HRT”) (40% working interest and
      operator) and Acarus Investments (Proprietary) Ltd. (“Acarus”) (20% carried interest). The carried dollar
      amount during the exploration period will be reimbursed to the carrying party by way of a percentage of the
      carried party’s net cash flow in the event of a commercial discovery.
      12
      The exploration licences on Blocks 2813A, 2814B, and 2914A, were granted for an initial exploration period
      of four years, ending in May, 2014. The initial exploration period requires the execution of various technical
      studies, seismic reprocessing, interpretation, mapping, the use of remote sensing equipment, 2,000 kilometres
      of 2D seismic acquisition or 500 square kilometres of 3D seismic acquisition.
      The total minimum capital expenditure required during the initial exploration period is US$8.5 million gross
      (US$4.25 million net to the Company). The outstanding commitments on the Blocks in the first year of the
      exploration period ending May 2011 is US$0.5 million (net to the Company), and in the second to fourth year
      between May 2012 and May 2014, a total of US$3.75 million (net to the Company).
      Prior to the expiry of the petroleum exploration license, and assuming that the Company has met its
      obligations, the joint venture will notify the Ministry of Mines and Energy of the Republic of Namibia if it
      intends to commit to the first renewal exploration period. If the joint venture does not elect to renew, the
      Blocks will expire with no further commitments. If the joint venture elects to renew and the Ministry of
      Mines and Energy of the Republic of Namibia grants the renewal, then the commitments for the first renewal
      exploration period will take effect. The commitment for 2813A, 2814B and 2914A for the first renewal
      period is the drilling of one exploration well between May 2014 and May 2016, at a minimum total cost of
      US$22.5 million net.
      Fiscal Terms of Licenses
      Assuming there is a commercial discovery, each of the Company’s exploration licenses are subject to a 35%
      federal tax and quarterly 5% royalty on the market value of the petroleum produced. In addition, the
      exploration licenses may be subject to an after-profits tax (“APT”). The Company’s highest APT on the three
      exploration licenses is 8%, being on the recently acquired blocks 2813A, 2814B, and 2914A. The APT at
      petroleum exploration license 2713 and petroleum exploration license 2815 is zero percent.
      RECENT DEVELOPMENTS
      Award of Blocks 2813A, 2814B and 2914A
      On May 17, 2010, the Company was awarded a 40% working interest in a petroleum exploration license for
      the offshore Namibian Blocks 2813A, 2814B and 2914A by the Ministry of Mines and Energy of the
      Republic of Namibia. HRT has a 40% working interest and operates the blocks, and Acarus has a 20%
      carried interest to be reimbursed by way of a percentage of the carried group’s net cash flow in the event of a
      commercial discovery. The three blocks link to Universal’s 90%-owned 2713A and 2713B blocks to the
      north, and 90% owned 2815, 2816 and 2915 to the east.
      Appointment of Independent Directors
      On May 25, 2010, the Company appointed Mr. Michael Black and Mr. Keith Turnbull as independent
      members of the board of directors.
      Independent Resource Estimate
      On June 25, 2010, the Company filed a report dated June 15, 2010, in which the Company announced
      prospective resource estimates for the Company’s 90% owned 2713A exploration licence, representing
      approximately 16% of Universal’s net land position in offshore Namibia, Africa. The prospective resource
      estimates were provided by DeGolyer and MacNaughton (“D&M”), a third party independent engineering
      firm, in a report titled “Report as of April 1, 2010 on the Prospective Resources attributable to Certain
      Prospects and Leads with interests owned by Universal Power Corp. in License Block 2713-A Namibia NI13
      51-101” (the “2713A Evaluation”) and can be found on SEDAR. The 2713A Evaluation reported an unrisked
      mean oil-equivalent prospective resource at Block 2713A of 2.39 billion Boe (converting gas to oil at 6:1) and
      a risked mean prospective resource of 567 million Boe. There is no certainty that any portion of the resources
      will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any
      portion of resources. Please see the table below for a summary of the 2713A Evaluation.
      The following tables summarize the risked and unrisked prospective resources of the 2713A exploration
      licence, of which the Company owns a 90% interest. The numbers in the following tables are provided on a
      gross basis.
      2713A Evaluation Unrisked Prospective Resources
      Description P90 (Low Est.) P50 (Best Est.) P10 (High Est.) Mean Est.
      Unrisked Recoverable Oil, (103 Bbls) 1,444,765 2,104,579 3,065,903 2,197,245
      Unrisked Recoverable Solution Gas, (Bcf) 370.0 911.3 2,244.5 1,167.0
      Gross Unrisked Boe, (103, Gas at 6:1) 1,506,435 2,256,456 3,439,986 2,391,742
      2713A Evaluation Risked Prospective Resources
      Mean Estimate
      Gross Pg Adjusted Prospective Oil Resources, (103 Bbls) 521,002
      Gross Pg Adjusted Prospective Solution Gas Resources, (Bcf) 278.7
      Notes:
      (1) Application of Pg does not equate prospective resources to contingent resources or reserves.
      (2) Recovery efficiency is applied to prospective resources in this table.
      Estimates of prospective resources should be regarded only as estimates that may change as additional
      information becomes available. Not only are such prospective resources estimates based on that information
      which is currently available, but such estimates are also subject to the uncertainties inherent in the application
      of judgmental factors in interpreting such information. Prospective resource quantities estimates should not be
      confused with those quantities that are associated with contingent resources or reserves due to the additional
      risks involved. The quantities that might actually be recovered should they be discovered and developed may
      differ significantly from the estimates presented in the 2713A Evaluation.
      CONSOLIDATED CAPITALIZATION OF THE COMPANY
      The following table sets forth the Company’s consolidation capitalization as at March 31, 2010 and as at June
      23, 2010 before and after giving effect to the Offering. This table should be read in conjunction with the Q1
      2010 Financial Statements and related management’s discussion and analysis, both of which are incorporated
      by reference into this short form prospectus.
      14
      Designation Authorized
      As at March 31,
      2010(2)(3)
      As at June 23, 2010
      prior to giving effect to
      the Offering
      As at June 23, 2010
      after giving effect to
      the Offering(4)
      Common
      Shares(1)
      Unlimited $18,967,099
      (80,002,871 Common
      Shares)
      $27,725,680
      (89,210,032 Common
      Shares)
      $46,228,030
      (100,640,032 Common
      Shares)
      Notes:
      (1) See “Description of Share Capital”.
      (2) As at March 31, 2010, the Company had options outstanding to purchase an aggregate of 6,350,000 Common Shares at a
      weighted average exercise price of $0.59 per Common Share. As at the date hereof, the Company has options outstanding
      to purchase an aggregate of 6,400,000 Common Shares at a weighted average exercise price of $0.89 per Common Share.
      (3) As at March 31, 2010, the Company also had Common Share purchase warrants outstanding to purchase an aggregate of
      5,057,161 Common Shares at a weighted average price of $0.50 per Common Share. As at the date hereof, the Company
      has no Common Share purchase warrants outstanding.
      (4) In the event that the Over-Allotment Option is exercised in full, the Common Shares issued and outstanding and the
      Common Share costs would be approximately 102,354,532 and $49,048,382, respectively.
      DESCRIPTION OF SHARE CAPITAL
      The authorized capital of the Company consists of an unlimited number of Common Shares. As at June 23,
      2010, 89,210,032 Common Shares are issued and outstanding.
      The following is a summary of the material attributes and characteristics of the Common Shares. See the
      articles of the Company, which are available electronically www.sedar.com, for a description of the terms of
      the Common Shares.
      Common Shares
      The holders of the Common Shares are entitled to receive notice of and to attend at and to vote at meetings of
      holders of Common Shares on the basis of one vote per Common Share, to receive dividends declared on
      Common Shares, subject to the rights of the holders of shares of the Company ranking prior to the Common
      Shares, to receive pro rata the remaining property of the Company upon dissolution in equal rank with the
      holders of other Common Shares, and such other rights, privileges and restrictions normally attached to
      common shares.
      PRIOR SALES
      The following table summarizes the issuances by the Company of Common Shares or securities convertible
      into Common Shares in the 12-month period prior to the date of this short form prospectus:
      Description
      Number of
      Securities Price per Security Date
      Private placement 3,200,000 $0.50 September 4, 2009
      Warrants exercised 105,000 $0.35 October 8, 2009
      Warrants exercised 150,000 $0.50 October 8, 2009
      Warrants exercised 361,250 $0.60 October 8, 2009
      Warrants exercised 2,805,000 $0.50 October 16, 2009
      Warrants exercised 877,000 $0.60 October 29, 2009
      Warrants exercised 37,500 $0.35 October 29, 2009
      Warrants exercised 216,000 $0.60 November 18, 2009
      15
      Description
      Number of
      Securities Price per Security Date
      Warrants exercised 276,625 $0.50 December 2, 2009
      Warrants exercised 965,000 $0.60 December 2, 2009
      Settlement of debt arrangement 843,750 $0.64 December 31, 2009
      Warrants exercised 487,825 $0.60 December 31, 2009
      Options exercised 100,000 $0.20 January 11, 2010
      Options to acquire Common Shares 950,000 $0.95 January 11, 2010
      Options to acquire Common Shares 600,000 $2.00 January 11, 2010
      Warrants exercised 3,000,000 $0.70 January 17, 2010
      Options exercised 200,000 $0.20 January 22, 2010
      Options to acquire Common Shares 900,000 $1.00 February 9, 2010
      Warrants exercised 80,500 $0.50 February 23, 2010
      Options to acquire Common Shares 50,000 $1.88 March 2, 2010
      Options to acquire Common Shares 250,000 $2.00 March 18, 2010
      Options exercised 100,000 $0.20 March 22, 2010
      Options exercised 100,000 $0.30 March 23, 2010
      Options to acquire Common Shares 500,000 $2.27 April 12, 2010
      Warrants exercised 1,500,000 $0.50 April 15, 2010
      Issued for the purchase of NIDG 3,000,000 $2.00 April 28, 2010
      Options exercised 1,150,000 $0.20 April 28, 2010
      Warrants exercised 14,286 $0.50 April 28, 2010
      Warrants exercised 50,000 $0.50 June 8, 2010
      Warrants exercised 3,492,875 $0.50 June 10, 2010
      MARKET FOR SECURITIES
      The Common Shares trade on the TSXV under the symbol “UNX”. The following table sets forth the
      reported high, low and closing prices and trading volumes for the Common Shares on the TSXV as reported
      by the TSXV for the periods indicated:
      Common Shares Traded through the TSXV
      Month High ($) Low ($) Close ($)
      Aggregate
      Volume
      May, 2009 0.37 0.295 0.36 1,129,929
      June, 2009 0.72 0.335 0.64 5,202,999
      July, 2009 0.90 0.53 0.59 5,039,298
      August, 2009 0.92 0.56 0.69 11,453,298
      September, 2009 0.85 0.57 0.77 5,965,623
      October, 2009 0.87 0.71 0.80 3,515,793
      November, 2009 0.82 0.58 0.66 4,012,138
      December, 2009 0.79 0.59 0.79 3,330,091
      16
      Month High ($) Low ($) Close ($)
      Aggregate
      Volume
      January, 2010 1.10 0.75 0.99 6,086,468
      February, 2010 2.58 0.98 2.07 15,352,675
      March, 2010 2.25 1.75 1.97 6,292,954
      April, 2010 2.42 1.31 1.93 6,053,844
      May, 2010 2.24 1.80 1.89 5,324,791
      June 1 - 28, 2010 (1) 2.15 1.36 1.67 4,462,279
      Note:
      (1) On June 28, 2010, the last trading day prior to the date of this short form prospectus, the closing price of the Common
      Shares on the TSXV was $1.67.
      USE OF PROCEEDS
      The net proceeds to the Company from the sale of the Offered Shares under this short form prospectus are
      estimated to be $18,502,350 after deducting the Underwriters’ fee of $1,200,150 and the estimated expenses
      of the Offering of $300,000. If the Over-Allotment Option is exercised in full, the net proceeds of the
      Offering, after deducting the Underwriters’ fee of $1,380,172.50 and expenses of the Offering of $300,000,
      are estimated to be approximately $21,322,702.50.
      The net proceeds of the Offering will be primarily used by the Company to fund the balance of the work
      commitments in Blocks 2713A, 2713B, 2815, 2816, 2915, 2813A, 2814B and 2914A as outlined below.
      Unallocated proceeds will be added to the working capital of the Company.
      Activity Total
      Seismic Acquisition and Processing $17,502,350
      Geological Investigations $1,000,000
      Total: $18,502,350
      The Company plans to spend $16.25 million over the next year and the remaining $2.3 million during the
      summer and fall of 2011.
      The Company anticipates spending $16.25 million on Block commitments for seismic acquisition and
      processing. Approximately 500 square kilometres of 3D seismic will be acquired in Block 2713A, for a total
      of approximately $7.5 million, starting in the fourth quarter of 2010. In addition, approximately 550 square
      kilometres of 3D seismic will be acquired in Block 2815, over the most promising acreage in the Block, for a
      total of $8.25 million. The Company also plans to fulfil its first year commitments in Blocks 2813A, 2814B
      and 2914A in accordance with the petroleum agreement in these Blocks, for a total of $0.5 million. Universal
      expects to convert the 2D seismic commitments to 3D equivalent at a 10 to 1 ratio, in accordance with
      industry standards.
      In addition, during the summer and fall of 2011 the Company will purchase trade seismic and perform
      geological investigations totalling approximately $2.3 million. These expenditures are not part of the
      Company’s exploration commitments but are required to understand the geological framework of the blocks.
      17
      The use of the net proceeds of the Offering by the Company is consistent with Universal’s business strategy
      and commitments on the existing exploration licences in Namibia. While Universal believes that it has the
      skills and resources necessary to accomplish its stated business objectives, participation in the exploration for
      and development of oil and natural gas has a number of inherent risks. See “Risk Factors” in this short form
      prospectus and the AIF, which is incorporated by reference herein.
      Although the Company intends to expend the net proceeds from the Offering as described above, the actual
      allocation of net proceeds may vary from that set out above, depending on future operations of the Company’s
      properties or unforeseen events, but in any event, will be used by the Company in furtherance of its business.
      DETAILS OF THE OFFERING
      The Offering consists of 11,430,000 Offered Shares at a price of $1.75 per Offered Share for aggregate gross
      proceeds of $20,002,500. The Company has granted to the Underwriters the Over-Allotment Option,
      exercisable in whole or in part in the sole discretion of the Underwriters at any time within 30 days after the
      Closing, enabling them to purchase up to an additional 1,714,500 Option Shares at a price of $1.75 per Option
      Share for aggregate gross proceeds of $23,002,875.
      PLAN OF DISTRIBUTION
      Under an underwriting agreement (the “Underwriting Agreement”) dated June 18, 2010, among the
      Company and the Underwriters, the Company has agreed to issue and sell and the Underwriters have
      severally, and not jointly, agreed to purchase on July 8, 2010, or such other date as may be agreed by the
      Company and the Underwriters (subject to the termination rights described below), the Offered Shares at a
      price of $1.75 per Common Share, payable in cash to the Company against delivery, subject to compliance
      with all necessary legal requirements and terms and conditions of the Underwriting Agreement.
      The obligations of the Underwriters under the Underwriting Agreement are several and not joint, and may be
      terminated at their discretion on the basis of their assessment of the state of the financial markets and may
      also be terminated upon the occurrence of certain stated events. The Underwriters are, however, obligated to
      take up and pay for all Offered Shares if any are purchased under the Underwriting Agreement. If one or more
      of the Underwriters fails to purchase its allotment of the Offered Shares that it has agreed to purchase, the
      remaining Underwriters are obligated to purchase the Offered Shares not purchased by the Underwriter or
      Underwriters which fail to purchase unless the percentage of the total number of Offered Shares which one or
      more of the Underwriters fail to purchase exceeds 5.26% of the total number of Offered Shares being offered,
      in which case the remaining Underwriters may, but are not obligated to, purchase such Offered Shares. The
      Underwriting Agreement also provides that the Company will indemnify the Underwriters and their affiliates,
      directors, officers, employees, shareholders and agents against certain liabilities and expenses.
      The Underwriting Agreement provides that, the Company will pay the Underwriters a fee of $0.105 per
      Offered Share for an aggregate fee payable by the Company of $1,200,150, in consideration for services of
      the Underwriters in connection with the Offering. The terms of the Offering, including the Offering Price,
      were determined by negotiation between the Company and Cormark on its own behalf and on behalf of the
      other Underwriters.
      The Company has granted to the Underwriters the Over-Allotment Option, exercisable in whole or in part in
      the sole discretion of the Underwriters at any time within 30 days after the Closing, enabling them to purchase
      up to an additional 1,714,500 Option Shares at a price of $1.75 per Common Share. In respect of the Over-
      Allotment Option, the Company will pay to the Underwriters a fee equal to 6% of the proceeds realized on the
      exercise of the Over-Allotment Option or $0.105 per Common Share. If the Over-Allotment Option is
      exercised in full, the total Offering, the Underwriters’ fee and the net proceeds to the Company (before
      18
      deducting expenses of the Offering) will be approximately $23,002,875, $1,380,172.50 and $21,622,702.50,
      respectively. This short form prospectus qualifies the distribution of the Offered Shares (including Option
      Shares issuable upon exercise of the Over-Allotment Option) and a purchaser who acquires Common Shares
      forming part of the Underwriters’ over-allocation position acquires those Common Shares under this short
      form prospectus regardless of whether the over-allocation position is filled through exercise of the Over-
      Allotment Option or secondary market purchases.
      It is expected that closing of the Offering will occur on or about July 8, 2010, or such other date as the
      Company and the Underwriters may agree but in any event, not later than July 31, 2010.
      Pursuant to applicable securities legislation, the Underwriters may not, throughout the period of distribution
      under this short from prospectus, bid for or purchase Common Shares. The foregoing restriction is subject to
      exceptions provided the bid or purchase is not engaged in for the purpose of creating actual or apparent
      trading in, or raising the price of, the Common Shares. These exceptions include a bid or purchase permitted
      under the Universal Market Integrity Rules for Canadian Marketplaces administered by the Investment
      Industry Regulatory Organization of Canada relating to market stabilization and passive market-making
      activities and a bid or purchase made for and on behalf of a customer where the order was not solicited during
      the period of distribution. In connection with this Offering, and subject to the foregoing, the Underwriters
      may effect transactions which stabilize or maintain the market price of the Common Shares at levels above
      those which might otherwise prevail in the open market. Such transactions, if commenced, may be
      discontinued at any time.
      The Underwriters propose to offer the Offered Shares initially at the Offering Price. After a reasonable effort
      has been made to sell all of the Offered Shares at the price specified, the Underwriters may subsequently
      reduce the selling prices to investors from time to time in order to sell any of the Offered Shares remaining
      unsold. In the event the Offering Price is reduced, the compensation received by the Underwriters will be
      decreased by the amount that the aggregate price paid by the purchasers for the Offered Shares is less than the
      gross proceeds paid by the Underwriters to the Company for the Offered Shares. Any such reduction will not
      affect the proceeds received by the Company or the fees payable by the Company to the Underwriters in
      connection with the Offering.
      The Company has agreed that, from the date of the Underwriting Agreement and ending on the date that is 90
      days following the closing date of the Offering, that it will not, directly or indirectly, offer, or announce the
      offering of, or make or announce any agreement to issue, sell, or exchange Common Shares or securities
      convertible or exchangeable into Common Shares or enter into any swap or other arrangement that transfers
      any of the economic consequences of ownership of Common Shares, without the prior written consent of
      Cormark (on behalf of the Underwriters), not to be unreasonably withheld, provided that notwithstanding the
      foregoing, the Company may, without such consent: (i) grant options to directors, officers, consultants or
      employees of the Company pursuant to the Company’s shareholder approved stock option plan and Common
      Shares issued upon their exercise; (ii) issue the Offered Shares including any Option Shares issuable upon
      exercise of the Over-Allotment Option; and (iii) issue Common Shares on exercise of outstanding warrants,
      rights or agreements as of the date of the Underwriting Agreement.
      The TSXV has conditionally approved the listing of the Offered Shares (including the Option Shares issuable
      pursuant to the Over-Allotment Option) distributed under this short form prospectus, subject to the Company
      fulfilling all of the listing requirements of the TSXV contained in the TSXV conditional approval letter.
      This short form prospectus and the Offering are addressed to, and are distributed to and directed at, only those
      persons in the United Kingdom who (i) are “qualified investors” within the meaning of section 86(7) of the
      FSMA and fall within the categories of persons referred to in Article 19 (Investment professionals) or Article
      49 (High net worth companies, unincorporated associations etc.) of the Financial Services and Markets Act
      19
      2000 (Financial Promotion) Order 2005 (as amended), or (ii) are persons to whom, or at whom,
      communications in respect of the securities being offered hereunder may otherwise be lawfully made or
      directed (all such persons together being referred to as “relevant persons”). Any investment or investment
      activity to which this prospectus relates is available in the United Kingdom only to relevant persons and will
      be engaged in only with relevant persons. Any person who is not a relevant person should not act or rely on
      this prospectus or any of its contents. This prospectus contains no offer of transferable securities to the public
      in the United Kingdom within the meaning of sections 85(1) and 102B of the FSMA. This prospectus is not a
      prospectus for the purposes of section 85(1) of the FSMA. Accordingly, this prospectus has not been
      approved as a prospectus by the FSA under section 87A of the FSMA, and has not been filed with the FSA or
      published pursuant to the United Kingdom Prospectus Rules issued by the FSA and has not been approved by
      a person authorised under the FSMA.
      Each Underwriter has represented and agreed that: (i) it has not offered or sold and will not offer or sell any
      securities in contravention of section 21(1) of the FSMA or in circumstances which would require the
      publication of an approved prospectus pursuant to section 85(1) of the FSMA; and (ii) it has complied and
      will comply with all applicable provisions of the FSMA with respect to anything done by it in relation to the
      securities in, or otherwise involving, the United Kingdom.
      The Offered Shares have not been and will not be registered under the United States Securities Act of 1933,
      as amended (the “1933 Act”) or any state securities laws, and accordingly may not be offered or sold within
      the United States except in transactions exempt from the registration requirements of the 1933 Act and
      applicable state securities laws. Except as permitted in the Underwriting Agreement and as expressly
      permitted by applicable laws of the United States, the Underwriters will not offer or sell the Offered Shares
      within the United States. The Underwriting Agreement permits the Underwriters to offer and resell the
      Offered Shares that they have acquired pursuant to the Underwriting Agreement to “qualified institutional
      buyers” (as such term is defined in Rule 144A under the 1933 Act) in the United Sates, provided such offers
      and sales are made in transactions exempt from the registration requirements of the 1933 Act in accordance
      with Rule 144A, and similar exemptions under applicable state securities laws. The Underwriting Agreement
      also permits the Underwriters to designate institutional accredited investors that meet the criteria in Rule
      501(a)(1),(2),(3) or (7) of Regulation D under the 1933 Act to whom the Company may sell the Offered
      Shares in transactions exempt from the registration requirements of the 1933 Act in accordance with Rule 506
      of Regulation D under the 1933 Act, and similar exemptions under applicable state securities laws.
      Moreover, the Underwriting Agreement provides that the Underwriters will offer and sell the Offered Shares
      outside the United States only in accordance with Regulation S under the 1933 Act. This short form
      prospectus does not constitute an offer to sell or a solicitation or an offer to buy any of the Offered Shares in
      the United States.
      In addition, until 40 days after the commencement of this Offering, an offer or sale of the Offered Shares
      within the United Sates by any dealer (whether or not participating in the Offering) may violate the
      registration requirements of the 1933 Act if such offer or sale is made otherwise than in accordance with an
      exemption from the registration requirements of the 1933 Act.
      ELIGIBILITY FOR INVESTMENT
      In the opinion of McCarthy Tétrault LLP, counsel to the Company, and Blake, Cassels & Graydon LLP,
      counsel to the Underwriters, based on the provisions of the Income Tax Act (Canada) and the regulations
      thereunder in force as of the date hereof (the “Tax Act”), and the proposed amendments to the Tax Act
      publicly announced by or on behalf of, the Minister of Finance (Canada) prior to the date hereof, the Offered
      Shares if issued on the date hereof, would be “qualified investments” under the Tax Act for trusts governed by
      registered retirement savings plans, registered retirement income funds, registered disability savings plans,
      deferred profit sharing plans, registered education savings plans and tax-free savings accounts (“TFSA”)
      20
      (collectively “Plans”), provided that the Common Shares are listed on a designated stock exchange (which
      currently includes the TSXV) at the time of issuance.
      Notwithstanding that the Offered Shares may be qualified investment for a trust governed by a TFSA, the
      holder of a TFSA will be subject to a penalty tax on the Offered Shares held in the TFSA if such Offered
      Shares are a “prohibited investment” for the purposes of section 207.01 of the Tax Act. The Offered Shares
      will generally be a “prohibited investment” if the holder of the TFSA does not deal at arm’s length with the
      Company for the purposes of the Tax Act or the holder of the TFSA has a “significant interest” (as defined in
      the Tax Act) in the Company or a person or partnership with which the Company does not deal at arm’s
      length for the purposes of the Tax Act.
      Effective for transactions after October 16, 2009, newly proposed amendments to the Tax Act (the “Proposed
      TFSA Amendments”) would subject any transfer of property (other than a contribution) by a holder or by a
      person who does not deal at arm’s length with a holder (such as other exempt plans of the holder) to the
      holder’s TFSA to a tax equal to 100% of the increase in the total fair market value of the property held in
      connection with the holder's TFSA that is attributable to the transfer and would also subject any income or
      capital gain earned after October 16, 2009 that is reasonably attributed to a "prohibited investment" or a
      "deliberate over-contribution" to tax equal to 100% of the income or capital gain. No assurance can be given
      that the Proposed TFSA Amendments will be enacted in their current form or at all.
      Prospective investors who intend to hold Offered Shares in their TFSAs should consult their own tax
      advisors regarding their particular circumstances.
      RISK FACTORS
      An investment in the Common Shares involves a number of risks. Before investing, prospective purchasers
      of Common Shares should carefully consider, in light of their own financial circumstances, the factors set out
      below, as well as other information and risk factors contained in or incorporated by reference in this short
      form prospectus, including those risk factors set forth under the heading “Risk Factors” of the AIF, and those
      risk factors set forth under the heading “Forward Looking Information” of the MD&A, which are
      incorporated by reference herein.
      Risks Related to the Offering
      The market price of the Common Shares may be volatile.
      The trading price of securities of junior and intermediate oil and natural gas companies is subject to
      substantial volatility, and such trading prices have been particularly volatile in recent months. This volatility
      is often based on factors both related and unrelated to the financial performance or prospects of the companies
      involved. The market price of the Common Shares could be subject to significant fluctuations in response to
      variations in the Company’s operating results, financial condition, liquidity and other internal factors. Factors
      that could affect the market price of the Common Shares that are unrelated to performance include domestic
      and global commodity prices and market perceptions of the attractiveness of particular industries. The price
      at which the Common Shares will trade cannot be accurately predicted.
      The net proceeds of the Offering may not be used in the manner described in this short form prospectus.
      As set out under “Use of Proceeds” in this short form prospectus, the Company intends to use a portion of the
      net proceeds of the Offering to fund capital expenditure programs. The remainder will be used to fund
      working capital requirements, however there are no definite plans for the use of these additional funds as of
      the date hereof. Accordingly, although these allocations are based on the current expectation of management
      of the Company, there may be circumstances where, for business reasons, a reallocation of funds may be
      21
      necessary as may be determined at the discretion of management of the Company, and there can be no
      assurance as of the date of this short form prospectus as to how those funds may be reallocated.
      The Offering may result in dilution of cash flow and/or net income on a per Common Share basis.
      Although the Company expects that the net proceeds of the Offering will enhance the Company’s liquidity, to
      the extent that a portion of the net proceeds of the Offering remains as cash, the Offering may result in
      dilution to the Company’s cash flow and/or net income on a per Common Share basis.
      Forward-Looking Information May Prove Inaccurate
      Investors are cautioned not to place undue reliance on forward-looking information. By its nature,
      forward-looking information involves numerous assumptions, known and unknown risks and uncertainties, of
      both a general and specific nature, that could cause actual results to differ materially from those suggested by
      the forward-looking information or contribute to the possibility that predictions, forecasts or projections will
      prove to be materially inaccurate.
      Additional information on the risks, assumptions and uncertainties are found in this short form prospectus
      under the heading “Forward-Looking Statements”.
      Reliance on Industry Partners
      The Company relies on industry partners with respect to the evaluation, acquisition and development of, and
      future production from, its properties and a failure or inability to perform by such partners could materially
      affect the prospects of the Company and its ability to implement its business strategy and operations.
      Crime and governmental or business corruption could significantly disrupt the Company’s ability to
      conduct its business, impair title to its properties and could materially adversely affect its financial
      condition and results of operations.
      The Namibian government is reported to be conducting corruption and other investigations into the mining
      and energy industries in Namibia. Persons operating and conducting business in Namibia, including the
      Company and its officers, directors and employees may be the subject of press speculation, government
      investigations and other accusations of corrupt practices or illegal activities. The Company is not aware of
      any current investigations specific only to the Company or any adverse findings against it, its directors,
      officers or employees and no allegations of corruption have been made and no charges have brought against
      the Company. Furthermore, the Company conducts its business in accordance with good oil and gas industry
      practice in the oil and gas industry and in material compliance with all applicable laws.
      Findings against the Company, its directors, officers or employees, or their involvement in corruption or other
      illegal activity could result in criminal or civil penalties, including substantial monetary fines, against the
      Company, its directors, officers or employees. Findings against the Company, its directors, officers or
      employees, or their involvement in corruption or other illegal activity could result in legal challenges to the
      title to assets currently owned by the Company. In addition, findings of corrupt practices or other illegal
      activities by any joint venture partner or license holder in connection with any petroleum exploration licenses
      in which the Company has an interest may result in the loss or forfeiture of certain or all rights of the
      Company under such petroleum exploration licenses. Any government investigations or other allegations
      against the Company, its directors, officers or employees, or finding of involvement in corruption or other
      illegal activity by such persons or the joint venture partners of the Company or others with whom the
      Company conducts business, could significantly damage the Company’s reputation and its ability to do
      business and could materially adversely affect its financial condition and results of operations.
      22
      AUDITORS, TRANSFER AGENT AND REGISTRAR
      The auditors of the Company are Morgan & Company, Chartered Accountants of Vancouver, British
      Columbia.
      The transfer agent and registrar for the Common Shares of the Company is Computershare Trust Company of
      Canada.
      INTEREST OF EXPERTS
      Certain legal matters in connection with the Offering will be passed upon on behalf of the Company by
      McCarthy Tétrault LLP, Calgary, Alberta and on behalf of the Underwriters by Blake, Cassels & Graydon
      LLP, Calgary, Alberta. As of the date hereof, the partners and associates of McCarthy Tétrault LLP, as a
      group and the partners and associates of Blake, Cassels & Graydon LLP, as a group, beneficially own,
      directly and indirectly, less than 1% of the securities of the Company.
      Reserve and resource estimates referred to in this short form prospectus are based upon reports prepared by
      D&M, who is considered a qualified reserves evaluator in accordance with NI 51-101. As of the date hereof,
      D&M beneficially owns, directly and indirectly, less than 1% of the securities of the Company.
      Certain financial statements incorporated by reference in this short form prospectus were audited by Morgan
      & Company. Morgan & Company are independent within the meaning of the Rules of Professional Conduct
      of the Institute of Chartered Accountants of Alberta. As of the date hereof, the “designated professionals” (as
      such term is defined in Form 51-102F2) of Morgan & Company, as a group, beneficially own, directly and
      indirectly, less than one (1%) of the securities of the Company.
      In addition, none of the aforementioned persons or companies, nor any director, officer or employee of any of
      the aforementioned persons or companies, is or is expected to be elected, appointed or employed as a director,
      officer or employee of the Company or of any associate or affiliate of the Company except for Mr. Mark
      Frewin, a director for the Company who is a partner with McCarthy Tétrault, which law firm renders legal
      services to the Company.
      PURCHASERS’ STATUTORY RIGHTS
      Securities legislation in certain of the provinces of Canada provides purchasers with the right to withdraw
      from an agreement to purchase securities. This right may be exercised within two business days after receipt
      or deemed receipt of a prospectus and any amendment. In several of the provinces, the securities legislation
      further provides a purchaser with remedies for rescission or, in some jurisdictions, revisions of the price or
      damages if the prospectus and any amendment contains a misrepresentation or is not delivered to the
      purchaser, provided that such remedies for rescission, revision of the price or damages are exercised by the
      purchaser within the time limit prescribed by the securities legislation of the purchaser’s province. The
      purchaser should refer to any applicable provisions of the securities legislation of the purchaser’s province for
      the particulars of these rights or consult with a legal advisor.
      23
      AUDITORS’ CONSENT
      Morgan & Company
      To the Board of Directors of Universal Power Corp.
      We have read the short form prospectus of Universal Power Corp. (the “Company”) dated June 29, 2010,
      qualifying the distribution of 11,430,000 Common Shares of the Company. We have complied with Canadian
      generally accepted standards for an auditor’s involvement with offering documents.
      We consent to the incorporation by reference in the above-mentioned short form prospectus of our report to
      the shareholders of the Company on the consolidated balance sheets of the Company as at December 31, 2009
      and 2008, and the consolidated statements of operations and comprehensive loss, changes in equity and cash
      flows for the years then ended. Our report is dated April 5, 2010.
      Vancouver, British Columbia (signed) “Morgan & Company”
      June 29, 2010 Chartered Accountants
      C-1
      CERTIFICATE OF THE COMPANY
      Dated: June 29, 2010
      This short form prospectus, together with the documents incorporated by reference, constitutes full, true and
      plain disclosure of all material facts relating to the securities offered by this short form prospectus as required
      by the securities legislation of each of the provinces of Canada, except the province of Québec.
      (signed) “Gabriel Ollivier” (signed) “Maria Elliott”
      President and Chief Executive Officer Vice President Finance and Chief Financial Officer
      On Behalf of the Board of Directors
      (signed) “Mark Frewin” (signed) “Donald Sharpe”
      Director Director
      C-2
      CERTIFICATE OF THE UNDERWRITERS
      Dated: June 29, 2010
      To the best of our knowledge, information and belief, this short form prospectus, together with the documents
      incorporated by reference, constitutes full, true and plan disclosure of all material facts relating to the
      securities offered by this short form prospectus as required by the securities legislation of each of the
      provinces of Canada, except the province of Québec.
      CORMARK SECURITIES INC.
      By: (Signed) “Chris Burchell”
      MACQUARIE CAPITAL MARKETS CANADA LTD.
      By: (Signed) “Daniel J. Cristall”
      CLARUS SECURITIES INC.
      By: (Signed) “Danny C. Mah”
      FIRSTENERGY CAPITAL CORP. RAYMOND JAMES LTD.
      By: (Signed) “Robyn T. Hemminger” By: (Signed) “Edward J. Bereznicki”
      Avatar
      schrieb am 30.06.10 10:48:12
      Beitrag Nr. 24 ()
      Antwort auf Beitrag Nr.: 39.755.830 von Fliegenschiss am 30.06.10 10:29:44Wo hast Du denn das her, Fliege?

      Ist das das Prospekt für die Kapitalerhöhung?
      Avatar
      schrieb am 30.06.10 13:18:37
      Beitrag Nr. 25 ()
      Antwort auf Beitrag Nr.: 39.755.946 von links-zwo-drei-vier am 30.06.10 10:48:12Hallo Lins,

      ich sage nur SEDAR Filing


      www.sedar.com
      Avatar
      schrieb am 30.06.10 13:19:15
      Beitrag Nr. 26 ()
      :):):)

      da gugst du was!!!! :laugh::laugh::laugh:
      Avatar
      schrieb am 09.07.10 07:41:10
      Beitrag Nr. 27 ()
      Universal Power Corp. Announces the Closing of Its Previously Announced Equity Offering

      CALGARY, ALBERTA--(Marketwire - July 8, 2010) -

      NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

      Universal Power Corp. (TSX VENTURE:UNX) ("Universal" or the "Corporation") is pleased to announce it has closed its previously announced marketed public offering (the "Offering") of common shares of Universal (the "Common Shares"). The Offering was led by Cormark Securities Inc. on behalf of a syndicate of underwriters including Macquarie Capital Markets Canada Ltd., Clarus Securities Inc., FirstEnergy Capital Corp. and Raymond James Ltd. (collectively, the "Underwriters"). The Offering consisted of 11,430,000 Common Shares (the "Offered Shares") at a price of $1.75 per Offered Share for aggregate gross proceeds of approximately $20.0 million. The Underwriters have also been granted an over-allotment option to purchase an additional 1,714,500 Common Shares, equal to up to 15% of the Offered Shares, exercisable at any time, in whole or in part, up to 30 days from the date hereof.

      Net proceeds of the Offering will be used to fund Universal's ongoing exploration activities in Namibia, Africa, including the acquisition of seismic data.

      The Offered Shares are listed and posted for trading on the TSX Venture Exchange.

      This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or any other jurisdiction outside of Canada, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Common Shares offered have not been, and will not be, registered under the 1933 Act, or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.

      Additional information on Universal may also be examined and/or obtained through the internet by accessing the Corporation's website at www.universalpowercorp.com.

      http://www.stockhouse.com/bullboards/MessageDetail.aspx?p=0&…
      Avatar
      schrieb am 02.08.10 08:07:05
      Beitrag Nr. 28 ()
      29.07.2010

      “Oil Kitchen” Profits in Namibia: How to Make 3,577% Gains from a $172.5 Billion Oil Discovery
      by Byron King of Agora Financial

      http://energyandscarcityinvestor.agorafinancial.com/2010/07/…


      __________



      30.07.2010

      Totalinvestor Special Situation: UNX a Ten+Bagger?

      Byron King of Agora Financial thinks he may have found a tiny Canadian penny stock that could result in a 3577% gain.

      In the following video "you will hear about the "Oil Kitchen," a potential 2.3 billion barrel discovery off Africa's West coast. Time magazine calls this part of Africa "an oil and gas bonanza just waiting to be tapped.""

      http://totalinvestor.blogspot.com/2010/07/totalinvestor-spec…
      Avatar
      schrieb am 09.08.10 15:07:21
      Beitrag Nr. 29 ()
      09.08.2010

      Universal provides detail on Technical Advisory meeting with the Ministry of Mines and Energy of the Republic of Namibia

      http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n…
      Avatar
      schrieb am 10.08.10 07:38:20
      Beitrag Nr. 30 ()
      By Gary Gibson
      August 6, 2010
      Geneva, Florida, U.S.A.

      This Stock Could Cost 100 Times More

      Dear Whiskey Shooter,

      This one exploration stock could cost 100 times more and still be undervalued!

      An exploration company with a market cap under $150 million...

      With an oil discovery of an estimated 2.3 billion barrels...worth $172-and-a-half billion.

      Someone is going to get filthy rich. If you want to see how you could be that someone.

      http://www.stockhouse.com/bullboards/MessageDetail.aspx?p=0&…
      Avatar
      schrieb am 16.08.10 15:13:06
      Beitrag Nr. 31 ()
      16.08.2010

      Universal Granted Extension for First Phase of Work Program on Petroleum Exploration License 2815

      http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n…
      Avatar
      schrieb am 20.08.10 07:42:01
      Beitrag Nr. 32 ()
      Universal announces 2010 second quarter results

      CALGARY, Aug. 19, 2010

      http://www.tradingmarkets.com/news/stock-alert/unx_upwrf_uni…
      Avatar
      schrieb am 09.09.10 07:52:29
      Beitrag Nr. 33 ()
      Info`s von stockhouse vom User "Wallywill" zur gestrigen Hauptversammlung:

      __________


      Hello all

      Here are some details of the meeting that was held today:
      About 30-40 people in attendence
      All board members were present and Byron was also in the audience. Did not see Mello
      All motions were passed including the name change to UNX energy corp.

      Mr Ollivier presented:

      Offshore Namibia has same source rocks as offshore Brazil but no sub salt. Has thick layers of shale to trap and seal reserviors. Only 1 well drillled in Kudu was deep enough to penatrate the shale but was drilled on the shelf where there is no trap hence the need to drill deeper.

      Hope to receive IPEX analysis by end of year and identify 3D location for 2713A by 4th quarter this year/1st quarter next year. expect even higher numbers with the added detail of 3D
      Continuation of data room and outsource of JV. ......The impression I got is that they have been approached by interested parties and will seek a better deal than what Chariot aquired with Petrobas. We may see something come together in regards to JV by end of this year.
      Other:
      Purchase 2D data for 2815
      Finalize work program with HRT on JV blocks.
      No details on HRT IPO
      Nothing received on 1711 other than what has been made public.

      Hope this helps.

      Wallywill


      http://www.stockhouse.com/bullboards/MessageDetail.aspx?p=0&…
      1 Antwort
      Avatar
      schrieb am 09.09.10 08:06:47
      Beitrag Nr. 34 ()
      Antwort auf Beitrag Nr.: 40.122.536 von links-zwo-drei-vier am 09.09.10 07:52:29Moin Links234

      Mion @all

      ich habe den Bericht von Wally Willy auch gelesen. Sehr viel positives kann ich daraus nicht erkennen.
      Kann auch sein das mein english nur zu schlecht ist.

      So wie es aussieht müssen wir noch warten bis 4 Quat.
      Dachte jetzt würde mal der große Kracher kommen, aber leider nix.

      Somit wird der Kurs auch wieder abbröckeln. Ich denke mal wir gehen zurück auf die 2$ Marke!

      Wie seht ihr das?


      Gruß

      Fliege


      PS: es kann auch sein das Wally nicht alles erzählt hat um heute noch ein paar Stücke billig nachzulengen
      Avatar
      schrieb am 14.09.10 07:47:43
      Beitrag Nr. 35 ()
      UNIVERSAL POWER ANNOUNCES 2010 ANNUAL AND SPECIAL MEETING RESULTS
      Sep. 13, 2010 (Canada NewsWire Group) --

      CALGARY, Sept. 13 /CNW/ - Universal Power Corp. (TSX-V: UNX) ("Universal" or the "Company") held its Annual and Special Meeting of Shareholders (the "Meeting") in Calgary, Alberta on Wednesday, September 8, 2010. All resolutions set out in the Notice of Meeting were duly passed.

      Among the business of the Meeting, shareholders approved a special resolution to amend the articles of the Company and change the name of the Company from "Universal Power Corp." to "UNX Energy Corp." and to continue the Company from British Columbia to Alberta. The change of the Company's name and the continuance of the Company into Alberta are expected to occur in the middle of September, subject to regulatory approval.

      "With our new name and branding, we more clearly represent an upstream oil and gas company," said Gabriel Ollivier, President & CEO of Universal Power Corp. "We believe that the name UNX Energy Corp. is a more accurate reflection of our business and will become synonymous with Namibia's burgeoning oil and gas industry as we help unlock the country's significant exploration and development potential."

      http://ca.hotstocked.com/companies/u/universal-power-corp-UN…
      Avatar
      schrieb am 22.09.10 15:38:34
      Beitrag Nr. 36 ()
      UNIVERSAL POWER CORP. CHANGES NAME TO UNX ENERGY CORP.

      UNX Energy Corp UNX

      9/21/2010 7:00:00 AM

      CALGARY, Sep. 21, 2010 (Canada NewsWire via COMTEX News Network) --
      Universal Power Corp. (TSX-V: UNX) ("Universal" or "the Company"), a junior oil and gas company with interests offshore Namibia, announced today that pursuant to a resolution passed by shareholders September 8, 2010, and upon receiving regulatory approval, the Company has changed its name to UNX Energy Corp. ("UNX"). UNX also received approval of continuance of the Company from British Columbia to Alberta.

      Effective September 20, 2010 at market opening, common shares of UNX Energy Corp. began trading on the TSX Venture Exchange. Accordingly, common shares of Universal Power Corp. are being delisted. UNX Energy's trading symbol remains unchanged as "UNX."
      In addition to the name change, a new corporate website is under development with UNX Energy Corp. branding and content. The launch of the new website is targeted for October 2010.
      "Our new name is a more accurate reflection of our upstream oil and gas focus, and is the same as our primary ticker symbol, making it easily recognizable to existing shareholders" said Mr. Gabriel Ollivier, President and CEO of UNX.

      http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n…
      1 Antwort
      Avatar
      schrieb am 23.09.10 08:06:45
      Beitrag Nr. 37 ()
      Antwort auf Beitrag Nr.: 40.192.644 von links-zwo-drei-vier am 22.09.10 15:38:34Hi

      Wo kann ich denn jetzt die neue Fa. finden. unter UNX bekommt man keine Kurse mehr.

      Und unter UNX Energy Corpor. a nimmer.

      Wer kann mir da helfen.

      Danke und Servus
      derrmste
      Avatar
      schrieb am 30.09.10 07:51:56
      Beitrag Nr. 38 ()
      UNX ENERGY APPOINTS MR. BRAD HOLUB AS CHIEF OPERATING OFFICER
      Posted on: Wed, 29 Sep 2010 17:15:00 EDT

      Symbols: ERGY, UNX

      TORONTO, Sep. 29, 2010 (Canada NewsWire via COMTEX) --

      UNX Energy Corp. (TSX-V: UNX | PowerRating) ("UNX"), an emerging oil and gas company with interests offshore Namibia, announced today that Mr. Brad Holub has been appointed as the Company's Chief Operating Officer. His primary responsibilities will be to oversee the operations of the Company as well as to evaluate, develop and promote new business opportunities.

      "We are pleased to welcome Mr. Holub to the UNX team. His diverse experience will allow us to expand and develop our business and provide us with the skills required to move forward with our business plan," said Mr. Gabriel Ollivier, President and CEO of UNX. "Mr. Holub has considerable senior level experience in business development as well as reservoir and production engineering, and brings specific competencies in areas supporting the development of our data room for third party joint venture opportunities in the coming quarter."

      Mr. Holub is a professional engineer with more than 15 years experience in the energy sector. Over the past 12 years he has held a variety of progressively senior management positions at Sherritt International Corporation. He has developed strong technical engineering skills in addition to strong leadership, management and strategic abilities. Of particular importance to UNX was his responsibility for all of Sherritt's oil and gas and power operations, in addition to being a key member of the senior leadership team in both divisions. In this senior position, he was responsible for managing all aspects of operations including production, facilities, drilling, supply chain, IT and field work, and was accountable for an annual budget of approximately US$250 million. He has also developed and driven numerous key strategic initiatives as well as operational optimization and efficiency projects.

      Today UNX also announced that it has granted incentive stock options to certain consultants and officers to purchase 775,000 common shares of the Company at a price of $3.04 exercisable until September 28, 2015. The options are being granted pursuant to the terms of the Company's stock option plan.

      http://www.tradingmarkets.com/news/stock-alert/ergy_unx_unx-…
      Avatar
      schrieb am 18.10.10 14:32:38
      Beitrag Nr. 39 ()
      UNX Energy Announces $30,030,000 Bought Deal Financing

      CALGARY, ALBERTA--(Marketwire - Oct. 18, 2010) -

      NOT FOR DISTRIBUTION IN THE U.S.

      UNX Energy Corp. (TSX VENTURE:UNX) ("UNX" or the "Company"), a junior oil and gas company with interests offshore Namibia, is pleased to announce that it has entered into an agreement with Macquarie Capital Markets Canada Ltd. ("Macquarie"), on behalf of a syndicate of underwriters led by Macquarie that includes Cormark Securities Inc., Clarus Securities Inc., FirstEnergy Capital Corp., Raymond James Ltd. and Octagon Capital Corp. (collectively the "Underwriters") pursuant to which the Underwriters have agreed to purchase for resale to the public, on a bought deal basis, 9,100,000 common shares of the Company ("Common Shares") (the "Offered Shares") at CAD$3.30 per Common Share (the "Issue Price") for gross proceeds of CAD$30,030,000 (the "Offering"). The Company has also granted to the Underwriters an over-allotment option entitling the Underwriters to acquire, at the Issue Price, up to an additional 1,365,000 Common Shares or such lesser number of Common Shres equal to the over-allocation position determined at the closing of the Offering. The over-allotment option is exercisable by the Underwriters, in whole or in part, at any time for 30 days following closing of the Offering.

      The Offering is subject to certain conditions and normal regulatory approvals (including the approval of the TSX Venture Exchange). The Common Shares will be offered in each of the provinces of Canada, other than Quebec, by way of a short form prospectus and on a private placement basis elsewhere. Closing is anticipated to occur on or about November 9, 2010.

      The net proceeds of the Offering will be used to fund UNX's ongoing exploration activities in Namibia, Africa, including recently expanded 3D seismic campaigns in the Orange Basin and other exploration initiatives, in addition to general corporate purposes.

      "In addition to our existing capital, this financing brings our total Namibian focused investments to more than 400 Million Namibian dollars," said Mr. Gabriel Ollivier, President and CEO of UNX. "Along with our Namibian partners, we are encouraged by the continued support of the global capital markets, as demonstrated by this financing, in our efforts towards hydrocarbon development in Namibia."

      The Common Shares are listed and posted for trading on the TSX Venture Exchange.

      This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or any other jurisdiction outside of Canada, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Offered Shares offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the 1933 Act and applicable state securities laws or pursuant to an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.

      http://www.benzinga.com/pressreleases/10/10/m528287/unx-ener…
      Avatar
      schrieb am 30.11.10 07:00:13
      Beitrag Nr. 40 ()
      News.

      UNX Energy Announces Third Quarter 2010 Operational and Financial ResultsUNX Energy Corp UNX 11/29/2010 4:34:29 PMCALGARY, ALBERTA, Nov 29, 2010 (Marketwire via COMTEX News Network) --
      NOT FOR DISTRIBUTION IN THE U.S.

      UNX Energy Corp. (TSX VENTURE:UNX) ("UNX" or the "Company") today announced third quarter operational and financial results for the period ending September 30, 2010. During the quarter, the Company advanced its geological and geophysical work, raised funds to fulfill its commitments and hired additional technical staff. An equity financing in November has enabled the Company to move forward on a large 3D seismic acquisition during the first half of 2011. The Company also restated and refiled its consolidated financial statements and related management's discussion and analysis for fiscal 2009, as well as the interim financial statements and management's discussion and analysis for the three and six month periods ended March 31, 2010 and June 30, 2010 respectively. Management believes the changes in the restated and refiled financial statements are not material. Further detail on the restatement is provided below.

      2010 Q3 Financial and Operational Results

      "The third quarter saw continued steady progress on our work towards the discovery of oil and gas resources in offshore Namibia," said Mr. Gabriel Ollivier, President and CEO of UNX Energy. "Our efforts during the quarter were focused on the continued delineation of the resources through both in-house interpretation and analysis, and the various studies conducted and delivered to us by Brazilian-based IPEX (Integrated Petroleum Expertise Co.), whom we commissioned to provide in-depth analysis of the Orange Basin. The final and complete suite of studies from IPEX is targeted for delivery either later this year or in early 2011 and will include oil slick satellite surveys, seismic reprocessing and interpretation and a 3D compositional petroleum system model of the Orange Basin. These studies will be an important addition to the science we have assembled to-date on the Orange Basin and will contribute towards meaningful consultations with interested farm-in partners.

      "Looking ahead, sizeable 3D seismic survey acquisitions are planned for the first half of 2011, which have been made possible by our most recent equity offerings. Once interpreted and analyzed, the new seismic data will give us a clearer picture of the resources, allowing us to identify and rank numerous possible drilling locations. UNX is well-positioned to continue the advancement of our corporate goals which will hopefully lead to the discovery of oil and gas in Namibia's offshore region."

      Highlights from the third quarter include:

      -- Completed an equity offering for the distribution of 11,430,000 Common Shares at a price of $1.75 per Common share, for gross proceeds of approximately $20 million;-- Received an extension from Namibia's Ministry of Mines and Energy for the first phase of the Company's work program on Exploration License 0022 (Blocks 2815, 2816 and 2915), for a one-year period expiring on September 22, 2011;-- Completed strategic additions to staff, including the appointment of Mr. Brad Holub as Chief Operating Officer;-- Changed name and corporate identity to UNX Energy Corp., which represents a more accurate reflection of the Company's strategic focus; and-- Experienced a third quarter net loss of $2,982,008 with a loss per share of $0.03These highlights along with other operational and financial details are discussed further in the Company's third quarter 2010 financial statements and management discussion and analysis which can be accessed at www.sedar.com, or alternatively on the Company's updated website, located at www.unxenergy.com.

      Restatement and Refiling of Financial Statements

      During the preparation of the interim consolidated financial statements for the period ended September 30, 2010, the Company re-evaluated the acquisitions of NIDG and Kunene and determined that these acquisitions should be treated as asset acquisitions rather than business combinations. As a result, the Company reversed a $1.6 million gain, net of acquisition expenditures, on revaluation of the original investment in NIDG in the June 30, 2010 interim consolidated financial statements, and the $1.2 million loss, net of acquisition expenditures, on the revaluation of the investment in Kunene in the December 31, 2008 consolidated financial statements. The Company also amended the future income tax liability for the six month period ended June 30, 2010 and the year ended December 31, 2008 to reflect the appropriate liability associated with the NIDG and Kunene oil and gas properties and adjusted the associated non-controlling interests. In addition, the Company adjusted its stock-based compensation expected life estimates for the period ending June 30, 2010, increasing the expense by $0.3 million.

      These restatements will have no impact on the Company's cash flow or its ability to fulfill its commitments and move forward with its strategy in Namibia.

      The restated and refiled interim and annual consolidated financial statements have been amended as follows:

      Consolidated Balance Sheet andInterim Consolidated Statements of Operations and Comprehensive Loss--------------------------------------------------------------------------------------------------------------------------------------------------------As at and for the three months Previously ended June 30, 2010 reported Adjustment Restated----------------------------------------------------------------------------Oil and gas properties $ 17,940,700 $ 7,041,396 $ 24,982,096Future income tax liability - 7,471,105 7,471,105Non-controlling interest 1,454,146 9,908 1,464,054Contributed surplus 6,461,553 322,505 6,784,058Deficit (11,790,088) 762,122 (12,552,210)Net loss (816,077) 1,958,218 (2,774,295)Net loss per share $ (0.01) $ 0.02 $ (0.03)--------------------------------------------------------------------------------------------------------------------------------------------------------Consolidated Balance Sheet-------------------------------------------------------------------------------------------------------------------------------------------------------- PreviouslyAs at December 31, 2009 reported Adjustment Restated----------------------------------------------------------------------------Oil and gas properties $ 6,964,913 $ 4,414,529 $ 11,379,442Future income tax liability - 3,087,044 3,087,044Non-controlling interest 273,748 131,389 405,137Deficit (8,181,599) (1,196,096) (6,985,503)--------------------------------------------------------------------------------------------------------------------------------------------------------Consolidated Balance Sheet andConsolidated Statements of Operations and Comprehensive Loss-------------------------------------------------------------------------------------------------------------------------------------------------------- PreviouslyAs at December 31, 2008 reported Adjustment Restated----------------------------------------------------------------------------Oil and gas properties $ 4,419,193 $ 4,414,529 $ 8,833,722Future income tax liability - 3,087,044 3,087,044Non-controlling interest 273,748 131,389 405,137Deficit (6,764,808) (1,196,096) (5,568,712)Net loss (3,942,232) (1,196,096) (2,746,136)Net loss per share $ (0.07) $ (0.02) $ (0.05)--------------------------------------------------------------------------------------------------------------------------------------------------------About UNX Energy Corp.

      UNX Energy Corp. is a junior, independent oil and gas company, focused on exploration for crude oil in offshore Namibia, Africa. Headquartered in Calgary, Alberta, Canada, UNX's asset base consists of approximately 51,000 square kilometres (approximately 32,000 net) of offshore acreage, strategically located along the prolific South Atlantic Margin. Development of these highly prospective blocks is being advanced by an experienced management team, qualified technical staff and strong in-country relationships. UNX employs strategic technical expertise to optimize the probability of exploration success in the region. UNX is committed to conducting its business in a socially and environmentally responsible manner, ultimately working towards the goal of sustainable development in Namibia's oil and gas sector for the benefit of all stakeholders.

      On Behalf of the Board of Directors of UNX Energy Corp.

      Duane Parnham, Chairman

      For further information visit our website at www.unxenergy.com.

      Sedar Profile No. 00016276

      Forward Looking Information

      Certain statements contained in this press release may constitute forward looking statements. These statements relate to future events or UNX's future performance. All statements other than statements of historical fact may be forward looking statements. Statements relating to "reserves" or "resources" are deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions that the reserves and resources described can be profitably produced in the future. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements. UNX believes that the expectations reflected in those forward looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward looking statements included in this press release should not be unduly relied upon by investors.

      These statements speak only as of the date of this press release and are expressly qualified, in their entirety, by this cautionary statement.

      Any statements regarding the following are forward looking statements: (i) planned exploration activity including both expected drilling and geological and geophysical related activities; (ii) capital expenditure programs; (iii) projections of market prices and costs; (iv) possible commerciality; (v) available and potential farm out partners; (vi) future drilling of new wells; (vii) impact of increasing competition; (viii) supply and demand for oil and natural gas; (ix) ultimate recoverability of current and long term assets; (x) expectations regarding UNX's ability to raise capital and to continually add to reserves through acquisitions and development; (xi) future foreign currency exchange rates; (xii) future market interest rates; (xiii) UNX's ability to obtain additional financing on satisfactory terms; (xiv) future production levels; (xv) future capital expenditures and their allocation between blocks; (xvi) future earnings; (xvii) future asset acquisitions and dispositions; (xviii) future debt levels; (xix) future sources of liquidity, cash flows and their uses; (xx) estimates on per share basis; (xxi) the Canadian legislative and regulatory environment; (xxii) government or other regulatory consent for exploration, development or acquisition activities; (xxiii) treatment under governmental regulatory and taxation regimes; (xxiv) future expenditures and future allowances relating to environmental matters; (xxv) the use of proceeds from the Offering; (xxvi) completion of the Offering and timing thereof; and (xxvii) changes in any of the foregoing.

      With respect to forward looking statements contained in this press release, UNX has made assumptions regarding, among other things: (i) planned exploration activity including both expected drilling and geological and geophysical related activities; (ii) capital expenditure programs; (iii) possible commerciality; (iv) available and potential farm out partners; (v) future drilling of new wells; (vi) impact of increasing competition; (vii) supply and demand for oil and natural gas; (viii) ultimate recoverability of current and long term assets; (ix) expectations regarding UNX's ability to raise capital and to continually add to reserves through acquisitions and development; (x) future foreign currency exchange rates; (xi) future market interest rates; (xii) UNX's ability to obtain additional financing on satisfactory terms; (xiii) future capital expenditures and their allocation between blocks; (xiv) future asset acquisitions and dispositions; (xv) future sources of liquidity, cash flows and their uses; (xvi) estimates on per share basis; (xvii) the Canadian legislative and regulatory environment; (xviii) government or other regulatory consent for exploration, development or acquisition activities; (xix) treatment under governmental regulatory and taxation regimes; (xx) future expenditures and future allowances relating to environmental matters; (xxi) the use of proceeds from the Offering; (xxii) completion of the Offering and timing thereof; and (xxii) changes in any of the foregoing.

      UNX's actual results could differ materially from those anticipated in these forward looking statements as a result of risk factors set forth below and elsewhere in this press release: (i) volatility in the market prices for oil and natural gas; (ii) uncertainties associated with estimating reserves; (iii) ability to explore, develop, produce and transport crude oil and natural gas to markets; (iv) geological, technical, drilling and processing problems; (v) the results of exploration and development drilling and related activities; (vi) liabilities and risks, including environmental liabilities and risks, inherent in oil and natural gas operations; (vii) volatility in energy trading markets; (viii) foreign currency exchange rates; (ix) economic conditions in the countries and regions in which UNX carries on business; (x) competition for, among other things, capital, acquisitions of reserves, undeveloped lands and skilled personnel; (xi) governmental actions including changes to taxes or royalties, changes in environmental and other laws and regulations; (xii) renegotiations of contracts; (xiii) results of litigation, arbitration or regulatory proceedings; (xiii) political uncertainty, including actions by terrorists, insurgent or other groups, or other armed conflict; (xiv) corruption or other illegal activities in the country in which UNX carries on business; (xv) conflict between states; and (xvi) other factors referred to under "Risk Factors" in UNX's Annual Information Form.

      Readers are cautioned that the foregoing list of risk factors is not exhaustive. The forward looking statements contained in this press release are expressly qualified by this cautionary statement. UNX is not under any duty to update any of the forward looking statements after the date of this press release or to conform such statements to actual results or to changes in UNX's expectations and UNX disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

      SOURCE: UNX Energy Corp.

      UNX Energy Corp. Maria Elliott VP Finance & CFO (403) 984-6430 maria.elliott@unxenergy.com www.unxenergy.com David Feick Investor Relations (403) 218-2839 dfeick@equicomgroup.com Heidi Christensen Brown Investor Relations (403) 218-2833 hchristensenbrown@equicomgroup.com

      Schönen Tag noch

      Fliege
      Avatar
      schrieb am 14.01.11 13:17:08
      Beitrag Nr. 41 ()
      Hier auch noch mal



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      UNX ENERGY SIGNS 3D SEISMIC CONTRACT WITH PETROLEUM GEO-SERVICES 01/14/2011
      Download this Press Release


      CALGARY, Jan. 14 /CNW/ - UNX Energy Corp. (TSX-V: UNX) ("UNX"), an emerging oil and gas company with offshore interests in the Republic of Namibia, has signed a 3D seismic contract with Petroleum Geo-Services (OAX: PGS). UNX plans to acquire approximately 1,125 km2 of 3D seismic on the 90%-owned Exploration Licence 2815, consisting of Blocks 2815, 2816 and 2916, offshore Namibia. The program will target various features on the blocks, and is expected to commence in mid-February, 2011. The seismic program will be funded from proceeds raised in July and November of 2010.

      "The addition of this high-quality 3D seismic data to our existing scientific information will provide further clarity on the size and extent of the resources on our licences in offshore Namibia," said Mr. Gabriel Ollivier, President and CEO of UNX Energy. "The 3D seismic data will enhance scientific detail and add to our growing inventory of drilling prospects. As part of our 2011 work program, the various seismic surveys that will be conducted on our blocks will focus on select areas of our acreage, updating existing resource estimates and providing additional independent resource estimates on the blocks. The seismic will also contribute to a data room and inventory of drill-ready locations for companies interested in farm-in opportunities. At approximately two times the minimum required work commitment of 550 km2, this 3D seismic program exceeds UNX's required work commitments for the Exploration Licence."

      About UNX Energy Corp.

      UNX Energy Corp. is a junior, independent oil and gas company, focused on exploration for crude oil in offshore Namibia, Africa. Headquartered in Calgary, Alberta, Canada, UNX's asset base consists of approximately 51,000 square kilometers (approximately 32,000 net) of offshore acreage, strategically located along the prolific South Atlantic Margin. Development of these highly prospective blocks is being advanced by an experienced management team, qualified technical staff and strong in-country relationships. UNX employs strategic technical expertise to optimize the probability of exploration success in the region. UNX is committed to conducting its business in a socially and environmentally responsible manner, ultimately working towards the goal of sustainable development in Namibia's oil and gas sector for the benefit of all stakeholders.

      On Behalf of the Board of Directors
      of UNX Energy Corp.

      Duane Parnham
      Chairman

      For further information visit our website at www.unxenergy.com
      Sedar Profile #00016276

      Forward Looking Information

      This news release contains certain forward-looking statements that reflect the current views and/or expectations of UNX Energy Corp. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, changes in business strategy, regulatory requirements, demand for our resources, competition and dependence on key personnel. These risks, as well as others, could cause actual results and events to vary significantly. UNX Energy Corp. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.
      Avatar
      schrieb am 25.01.11 13:20:37
      Beitrag Nr. 42 ()
      Erster

      UNX ENERGY SIGNS 3D SEISMIC CONTRACT WITH POLARCUS 01/25/2011
      Download this Press Release


      CALGARY, Jan. 25 /CNW/ - UNX Energy Corp. (TSX-V: UNX) ("UNX" or "the Company"), an emerging oil and gas company with interests offshore Namibia, has signed a 3D seismic contract with Polarcus Limited (OAX: PLCS). UNX plans to acquire 1,460 km2 of 3D seismic in the 90%-owned 2713 blocks in offshore Namibia.

      The 3D seismic program is targeted over a very large feature with multiple identified zones including a sub-shale feature that the Company feels is similar to the Brazilian sub-salt discoveries in the Santos and Campos basins. The program is primarily located in the southern portion of Block 2713A, adjacent to the 2813 contract area in which UNX also holds a 40% interest. The program is expected to commence shooting in March 2011. The seismic program will be funded from monies raised in July and November of 2010.

      "We are very pleased to be acquiring 3D seismic data for Block 2713A as it will give us full coverage over a structure that appears to be much larger than first mapped due to our re-processing and conversion from time to depth of the existing 2D seismic data," said Mr. Gabriel Ollivier, President and CEO of UNX Energy. "The new 3D seismic data will enhance the details of the structure and the prospective zones identified, allowing us to further refine ideal drilling locations. We are currently working towards updating existing resource estimates and providing additional independent resource estimates on all of our Namibian blocks. The key focus of our 2011 work program is finalizing drill-ready locations for major oil companies that are interested in farming-in on UNX acreage. This seismic program greatly exceeds UNX's required work commitments for the 2713 Petroleum Licence at approximately three times the minimum required work commitment of 500 km2."

      About UNX Energy Corp.

      UNX Energy Corp. is a junior, independent oil and gas company, focused on exploration for crude oil in offshore Namibia, Africa. Headquartered in Calgary, Alberta, Canada, UNX's asset base consists of approximately 51,000 square kilometres (approximately 32,000 net) of offshore acreage, strategically located along the prolific South Atlantic Margin. Development of these highly prospective blocks is being advanced by an experienced management team, qualified technical staff and strong in-country relationships. UNX employs strategic technical expertise to optimize the probability of exploration success in the region. UNX is committed to conducting its business in a socially and environmentally responsible manner, ultimately working towards the goal of sustainable development in Namibia's oil and gas sector for the benefit of all stakeholders.

      On Behalf of the Board of Directors
      of UNX Energy Corp.

      Duane Parnham
      Chairman

      For further information visit our website at www.unxenergy.com
      Sedar Profile #00016276
      Avatar
      schrieb am 27.01.11 13:16:14
      Beitrag Nr. 43 ()
      Hopela und wieder erster mit den guten Nachrichen!!

      Wer von euch zugang zu Stockhouse hat, könnte es auch dort posten.

      Ich denke das gibt heute einen guten Ruck im Kurs!!

      UNX JOINT VENTURE PARTNER HRT PARTICIPAÇÕES SIGNS 3D SEISMIC CONTRACT WITH POLARCUS 01/27/2011
      Download this Press Release


      CALGARY, Jan. 27 /CNW/ - UNX Energy Corp. (TSX-V: UNX) ("UNX" or the "Company"), today announced that a 3D seismic contract has been signed between UNX's joint venture partner and operator for Petroleum Licence 2813, HRT Participações en Peróleo S.A. (HRTP3:BZ) ("HRT") and Polarcus Limited (OAX: PLCS), to provide 3D seismic on Block 2813A in offshore Namibia. UNX and HRT each own a 40% share in the 2813 contract area with the remaining 20% being owned by Acarus Investments (Proprietary) Ltd., a local Namibian company.

      The joint venture plans to acquire 1,232 km2 of 3D seismic on the northern portion of Block 2813A in offshore Namibia. The program is an extension of UNX's previously announced seismic program on Block 2713A, which targets a very large feature with multiple identified zones including a sub-shale feature. UNX's share of the seismic program will be wholly funded from the monies the corporation raised in July and November of 2010.

      "The extension of the 3D seismic program into Block 2813A will provide further detail on the size and extent of the large structural feature we have identified on Block 2713A," said Mr. Gabriel Ollivier, President and CEO of UNX Energy. "The seismic will supplement our already robust data set and add to the compelling argument of the Orange Basin's "Big Oil" prospectivity. This program greatly exceeds all of the joint venture's required work commitments for Petroleum Licence 2813, at approximately twice the minimum required work commitment for the contract area."

      About UNX Energy Corp.

      UNX Energy Corp. is a junior, independent oil and gas company, focused on exploration for crude oil in offshore Namibia, Africa. Headquartered in Calgary, Alberta, Canada, UNX's asset base consists of approximately 51,000 square kilometres (approximately 32,000 net) of offshore acreage, strategically located along the prolific South Atlantic Margin. Development of these highly prospective blocks is being advanced by an experienced management team, qualified technical staff and strong in-country relationships. UNX employs strategic technical expertise to optimize the probability of exploration success in the region. UNX is committed to conducting its business in a socially and environmentally responsible manner, ultimately working towards the goal of sustainable development in Namibia's oil and gas sector for the benefit of all stakeholders.

      On Behalf of the Board of Directors
      of UNX Energy Corp.

      Duane Parnham
      Chairman

      For further information visit our website at www.unxenergy.com
      Sedar Profile #00016276

      Forward Looking Information

      This news release contains certain forward-looking statements that reflect the current views and/or expectations of UNX Energy Corp. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, changes in business strategy, regulatory requirements, demand for our resources, competition and dependence on key personnel. These risks, as well as others, could cause actual results and events to vary significantly. UNX Energy Corp. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

      Neither the 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.


      Gruß

      Fliege
      Avatar
      schrieb am 11.04.11 13:15:18
      Beitrag Nr. 44 ()
      Home | Careers | RSS Feeds | Email Alerts | Contact Us COMPANY
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      HRT TRANSACTION



      UNX ENERGY PROVIDES UPDATE TO PROPOSED TRANSACTION WITH HRT PARTICIPAÇÕES EM PETRÓLEO S.A. 04/11/2011
      Download this Press Release


      CALGARY, April 11 /CNW/ - UNX Energy Corp. (TSX-V: UNX) ("UNX", or "Company"), an emerging oil and gas company with interests in offshore Namibia, announces that a Management Information Circular outlining the proposed transaction with HRT Participações em Petróleo S.A. ("HRT") was mailed on April 6th, 2011 to all shareholders of record as of the close of business on Thursday March 31st, 2011. The Special Meeting for the proposed transaction will occur on April 27th, 2011, at the offices of McCarthy Tétrault LLP, Suite 3300, 421 - 7th Avenue S.W. Calgary, Alberta at 9:00 a.m. (Mountain Standard Time).

      UNX would like to highlight an important change with respect to the proposed transaction. The Brazilian tax on securities transactions (IOF securities tax) that was originally calculated and announced on February 24th, 2011 as being 1.88% resulting in a net share ratio of 0.005474 UNX common shares per HRT common share has now been confirmed at 1.5%. This results in an effective increase in the net share ratio to 0.005495 HRT common shares for each UNX common share.

      The Company also announced that UNX and HRT will conduct investor meetings in the following cities: Houston, Texas, on April 12th, New York, New York, on April 13th, Toronto, Ontario, on April 14th, and London, England, on April 15th. UNX and HRT will be showcasing the strategic merits of the proposed transaction between UNX and HRT, in addition to updating investors on other corporate activity in both Namibia and Brazil.

      Both the Management Information Circular and the Notice of Meeting are available on the Company's website at www.unxenergy.com and are filed on SEDAR at www.sedar.com. UNX recommends that readers refer to the documents in their entirety as they contain all of the pertinent details relating to the proposed transaction.

      About UNX Energy Corp.

      UNX Energy Corp. is a junior, independent oil and gas company, focused on exploration for crude oil in offshore Namibia, Africa. Headquartered in Calgary, Alberta, Canada, UNX's asset base consists of approximately 51,000 square kilometres (approximately 32,000 net) of offshore acreage, strategically located along the prolific South Atlantic Margin. Development of these highly prospective blocks is being advanced by an experienced management team, qualified technical staff and strong in-country relationships. UNX employs strategic technical expertise to optimize the probability of exploration success in the region. UNX is committed to conducting its business in a socially and environmentally responsible manner, ultimately working towards the goal of sustainable development in Namibia's oil and gas sector for the benefit of all stakeholders.

      About HRT Participações em Petróleo S.A.

      HRT Participações em Petróleo S.A. is one of the largest independent oil and gas exploration and production companies in Brazil. The HRT Group comprises three main subsidiaries: HRT O&G Exploração e Produção de Petróleo Ltda., IPEX (Integrated Petroleum Expertise Company Serviços em Petróleo Ltda.) and HRT Netherlands B.V. The Company retains a 55% interest in 21 exploratory blocks in the Solimões Basin. HRT also operates five exploratory blocks on the Namibian coast. The Company retains a 100% interest in two of them, in the Walvis Sub-basin, and a 40% interest in the other three, in the Orange Subbasin. HRT's team includes PhDs and masters in geochemistry, geophysics, biology and engineering, most of them former employees of Petrobras and ANP (Brazil's petroleum agency). HRT is committed to minimizing any possible environmental impacts in the sites where it acts. Its commitment with the local communities is towards health conditions, security and quality of life. For more information, please visit the Company's website: www.hrt.com.br/ir

      On Behalf of the Board of Directors
      of UNX Energy Corp.

      Duane Parnham
      Chairman

      For further information visit our website at www.unxenergy.com
      Sedar Profile #00016276

      Forward Looking Information

      This document contains forward-looking information and statements. All information and statements other than statements of historical fact contained in this document are forward-looking information and statements, including, without limitation, statements regarding the transaction, future financial position, business strategy, proposed acquisitions or dispositions, budgets, litigation, projected costs and plans and objectives of or involving UNX or HRT. Securityholders can identify many of these statements by looking for words such as "believe", "expects", "intends", "projects", "anticipates", "estimates", "continues" or similar words suggesting future outcomes or statements regarding an outlook or the negative thereof. These forward-looking statements may include, but are not limited to, statements with respect to: the transaction, business strategy and objectives, exploration plans, development plans, acquisition and disposition plans and the timing thereof, the timing of various steps in the transaction, and the satisfaction of listing conditions. There can be no assurance that the plans, intentions or expectations upon which these forward-looking statements are based will occur. Forward-looking information and statements are subject to risks, uncertainties and assumptions, including those discussed in the Management Information Circular of UNX dated April 1, 2011 (the "Circular"), which readers of this document are urged to read in its entirety. Although UNX believes that the expectations represented in such forward-looking information and statements are reasonable, there can be no assurance that such expectations will prove to be correct. Some of the risks which could affect future results and could cause results to differ materially from those expressed in the forward-looking information and statements contained herein include: the impact of general economic conditions, industry conditions, securityholder and court approval of the transaction, governmental regulation including the timely receipt of required regulatory approvals, volatility of commodity prices and other matters beyond the control of UNX. Readers are cautioned that the foregoing list is not exhaustive. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by UNX and described in the forward-looking statements or information.

      Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined


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