Calgary's Sleeping Giant Capital Corp. Secures $350K Private Placement Amidst Shifting Energy Policies
Calgary's Energy Firm Seeks Capital Infusion
Calgary-based Sleeping Giant Capital Corp. (TSXV: SSX), a company holding non-operated oil and gas assets in Alberta, announced a non-brokered private placement aiming to raise up to $350,000. Set to close around December 14, 2025, this offering will issue up to 350 debenture units, each priced at $1,000, comprising a $1,000 principal amount secured convertible debenture and 20,000 common share purchase warrants. The debentures will bear interest at a rate of twelve percent per annum, with net proceeds designated for general working capital.
Strong Insider Support Signals Confidence
Sleeping Giant has already secured commitments for $180,000 of the offering from insiders and existing shareholders, reflecting internal confidence in the venture. CEO Terry Meek oversees the Calgary-headquartered company, which plays a role in Alberta's energy sector. This capital raise, even for a junior player, underscores the ongoing, albeit cautious, activity within an industry that remains Calgary's dominant economic engine, providing over 100,000 direct and indirect jobs.
Navigating a Dynamic Energy Policy Landscape
This private placement lands amidst a "relatively flat" investment climate, as indicated by a November 2025 Enserva report forecasting a decline in oil and gas capital spending. However, optimism is emerging from significant policy shifts. The federal government's intention to eliminate the oil and gas emissions cap, contingent on strengthened carbon pricing and CCS technologies, coupled with an anticipated "energy pact" between Ottawa and Alberta, aims to provide greater certainty. These developments, alongside Alberta's adjusted industrial carbon tax (TIER system), are designed to incentivize investment and could offer a more favorable environment for companies like Sleeping Giant Capital Corp.
