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Alpine Summit Energy Partners, Inc. – ‘40FR12G’ on 10/12/21 – ‘EX-99.48’

On:  Tuesday, 10/12/21, at 4:38pm ET   ·   Accession #:  1062993-21-9430   ·   File #:  0-56354

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/12/21  Alpine Summit Energy Partners Inc 40FR12G               55:14M                                    Newsfile Corp./FA

Registration Statement by a Canadian Issuer   —   Form 40-F   —   § 12(g) – SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 40FR12G     Registration Statement by a Canadian Issuer --      HTML     66K 
                form40fr12g                                                      
 2: EX-99.1     Miscellaneous Exhibit -- exhibit99-1                HTML     15K 
11: EX-99.10    Miscellaneous Exhibit -- exhibit99-10               HTML     17K 
12: EX-99.11    Miscellaneous Exhibit -- exhibit99-11               HTML    104K 
13: EX-99.12    Miscellaneous Exhibit -- exhibit99-12               HTML     15K 
14: EX-99.13    Miscellaneous Exhibit -- exhibit99-13               HTML     52K 
15: EX-99.14    Miscellaneous Exhibit -- exhibit99-14               HTML     17K 
16: EX-99.15    Miscellaneous Exhibit -- exhibit99-15               HTML     17K 
17: EX-99.16    Miscellaneous Exhibit -- exhibit99-16               HTML    108K 
18: EX-99.17    Miscellaneous Exhibit -- exhibit99-17               HTML     21K 
19: EX-99.18    Miscellaneous Exhibit -- exhibit99-18               HTML     18K 
20: EX-99.19    Miscellaneous Exhibit -- exhibit99-19               HTML     52K 
 3: EX-99.2     Miscellaneous Exhibit -- exhibit99-2                HTML     15K 
21: EX-99.20    Miscellaneous Exhibit -- exhibit99-20               HTML     17K 
22: EX-99.21    Miscellaneous Exhibit -- exhibit99-21               HTML     17K 
23: EX-99.22    Miscellaneous Exhibit -- exhibit99-22               HTML    109K 
24: EX-99.23    Miscellaneous Exhibit -- exhibit99-23               HTML     30K 
25: EX-99.24    Miscellaneous Exhibit -- exhibit99-24               HTML     33K 
26: EX-99.25    Miscellaneous Exhibit -- exhibit99-25               HTML    239K 
27: EX-99.26    Miscellaneous Exhibit -- exhibit99-26               HTML     22K 
28: EX-99.27    Miscellaneous Exhibit -- exhibit99-27               HTML     13K 
29: EX-99.28    Miscellaneous Exhibit -- exhibit99-28               HTML     25K 
30: EX-99.29    Miscellaneous Exhibit -- exhibit99-29               HTML     17K 
 4: EX-99.3     Miscellaneous Exhibit -- exhibit99-3                HTML     16K 
31: EX-99.30    Miscellaneous Exhibit -- exhibit99-30               HTML     17K 
32: EX-99.31    Miscellaneous Exhibit -- exhibit99-31               HTML     53K 
33: EX-99.32    Miscellaneous Exhibit -- exhibit99-32               HTML    109K 
34: EX-99.33    Miscellaneous Exhibit -- exhibit99-33               HTML     15K 
35: EX-99.34    Miscellaneous Exhibit -- exhibit99-34               HTML     18K 
36: EX-99.35    Miscellaneous Exhibit -- exhibit99-35               HTML     17K 
37: EX-99.36    Miscellaneous Exhibit -- exhibit99-36               HTML     17K 
38: EX-99.37    Miscellaneous Exhibit -- exhibit99-37               HTML     54K 
39: EX-99.38    Miscellaneous Exhibit -- exhibit99-38               HTML     63K 
40: EX-99.39    Miscellaneous Exhibit -- exhibit99-39               HTML   1.71M 
 5: EX-99.4     Miscellaneous Exhibit -- exhibit99-4                HTML     53K 
41: EX-99.40    Miscellaneous Exhibit -- exhibit99-40               HTML     27K 
42: EX-99.41    Miscellaneous Exhibit -- exhibit99-41               HTML    327K 
43: EX-99.42    Miscellaneous Exhibit -- exhibit99-42               HTML     34K 
44: EX-99.43    Miscellaneous Exhibit -- exhibit99-43               HTML     23K 
45: EX-99.44    Miscellaneous Exhibit -- exhibit99-44               HTML     22K 
46: EX-99.45    Miscellaneous Exhibit -- exhibit99-45               HTML     19K 
47: EX-99.46    Miscellaneous Exhibit -- exhibit99-46               HTML     20K 
48: EX-99.47    Miscellaneous Exhibit -- exhibit99-47               HTML     19K 
49: EX-99.48    Miscellaneous Exhibit -- exhibit99-48               HTML     20K 
50: EX-99.49    Miscellaneous Exhibit -- exhibit99-49               HTML     14K 
 6: EX-99.5     Miscellaneous Exhibit -- exhibit99-5                HTML     17K 
51: EX-99.50    Miscellaneous Exhibit -- exhibit99-50               HTML     14K 
52: EX-99.51    Miscellaneous Exhibit -- exhibit99-51               HTML     14K 
53: EX-99.52    Miscellaneous Exhibit -- exhibit99-52               HTML     14K 
54: EX-99.53    Miscellaneous Exhibit -- exhibit99-53               HTML     15K 
55: EX-99.54    Miscellaneous Exhibit -- exhibit99-54               HTML     14K 
 7: EX-99.6     Miscellaneous Exhibit -- exhibit99-6                HTML     17K 
 8: EX-99.7     Miscellaneous Exhibit -- exhibit99-7                HTML    119K 
 9: EX-99.8     Miscellaneous Exhibit -- exhibit99-8                HTML     50K 
10: EX-99.9     Miscellaneous Exhibit -- exhibit99-9                HTML     17K 


‘EX-99.48’   —   Miscellaneous Exhibit — exhibit99-48


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  Alpine Summit Energy Partners, Inc.: Exhibit 99.48 - Filed by newsfilecorp.com  

ALPINE SUMMIT ENERGY PARTNERS ANNOUNCES

REPAYMENT OF FIRST DEVELOPMENT PARTNERSHIP AND

CLOSING OF THIRD DEVELOPMENT PARTNERSHIP

Nashville, Tennessee and Vancouver, British Columbia - October 7, 2021 (Newsfile Corp.) - Alpine Summit Energy Partners, Inc. ("Alpine Summit" or the "Company") (TSXV: ALPS.U) is pleased to announce the successful repayment and reversion of the first development partnership ("DP1") that it formed during the first quarter of 2021, along with the concurrent closing of its third development partnership ("DP3").

DP1 funded the drilling and completion of five wells in the Giddings Field near Austin, TX and comprised a total capital program of US$21.3 million, with 60% funded by external partners. As part of the completion of the DP1 program, Alpine has retired liabilities of approximately US$15 million.

DP3 has an expanded capital program of approximately US$34.7 million, with approximately US$21 million of external development capital, and is expected to drill two natural gas wells in Webb County and three oil and natural gas wells near the Giddings Field.

Alpine Summit's Chief Executive Officer, Craig Perry, commented: "The DP1 results demonstrate the effectiveness of Alpine Summit's capital velocity strategy. The DP1 partners' capital was deployed directly to the wellhead, with five wells drilled and completed in a six-month timeframe. We look forward to continuing to execute on our business plan and expanding our development activity into South Texas with DP3."

One of the DP1 partners exercised the put right provided to such partners by DP1 regarding residual interests in their associated investment and, subject to the approval of the TSX Venture Exchange, elected to sell the remaining interest in DP1 for 339,372 Class B non-voting units of HB2 Origination, LLC (which are exchangeable on a one-for-one basis for Subordinate Voting Shares of the Company, having a deemed value of US$3.515 per unit, or a total of approximately US$1.2 million).

About Alpine Summit Energy Partners, Inc.

Alpine Summit is a U.S. based company that operates and develops oil and gas assets. For additional information on the Company, please visit www.alpinesummitenergy.com.

Further Information

For further information, please contact:

Chris Nilan, Senior Managing Director

Phone: 615.475.8320

Email: ir@alpsummit.com

Darren Moulds, Chief Financial Officer

Phone: 403.390.9260

Email: dmoulds@alpsummit.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information and Statements

This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Alpine Summit's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Alpine Summit's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", or the negative or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but are not limited to, statements regarding the DP3 drilling program and business expansion to South Texas and statements regarding the issuance of units on exercise of the put right.

By identifying such information and statements in this manner, Alpine Summit is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Alpine Summit to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this news release, Alpine Summit has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the potential impact of the consummation of the RTO on relationships, including with regulatory bodies, employees, suppliers, contractors and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; and compliance with extensive government regulation, including the policies of the TSX Venture Exchange. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Alpine Summit believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this news release, and Alpine Summit does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘40FR12G’ Filing    Date    Other Filings
Filed on:10/12/21F-X
10/7/21
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Filing Submission 0001062993-21-009430   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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