| Tuscany announces the renewal of the company's credit facility, unchanged at $8.5 million | |
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Tuscany announces the renewal of the company's credit facility, unchanged at $8.5 million
Publish date: 07/22/2015
Calgary, Alberta, July 22, 2015, Tuscany Energy Ltd. (TUS-TSXV) is pleased to announce that following the annual review by the Company's lender, the Company's credit facility has been renewed at $8.5 million with its terms and amount remaining unchanged from the previous credit facility.
Tuscany's net debt is currently approximately $6.5 million.
Tuscany has filed a copy of the Credit Facility agreement on SEDAR.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Robert W. Lamond, President & CEO
-or-
Charles A. Teare, Executive Vice President & CFO
Tuscany Energy Ltd.
Telephone: (403) 269-9889
Fax: (403) 269-9890
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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Tuscany Energy Ltd.
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CODE : TUS.V |
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ISIN : CA90068U1030 |
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Tuscany Energy is a and oil exploration company based in Canada. Tuscany Energy is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.0 millions as of today (US$ 766 112, € 664 755). Its stock quote reached its lowest recent point on December 31, 2001 at CA$ 0.01, and its highest recent level on December 24, 2009 at CA$ 1.04. Tuscany Energy has 50 640 000 shares outstanding. |