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CKK Cordy Oilfield Services Inc

0.04
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cordy Oilfield Services Inc TSXV:CKK TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.04 0.035 0.04 0 01:00:00

Cordy Obtains Second Draw

28/07/2014 6:10pm

Marketwired Canada


Cordy Oilfield Services Inc. ("Cordy") (TSX VENTURE:CKK) announces that further
to its news release dated June 9, 2014 it has satisfied certain conditions set
out in the loan and security agreement with Nations Equipment Finance, LLC (the
"Lender") and borrowed remaining $2.25 million available under the agreement.
The aggregate principal amount borrowed is $12.5 million. A security interest in
certain of Cordy's equipment was provided to the Lender with respect to the
Loan. These additional proceeds of the Loan will be used for general working
capital.


Additional information on Cordy is available on our website www.cordy.ca or on
SEDAR at www.sedar.com. For additional information about Nations, please visit
www.nationsequipmentfinance.com.


Forward Looking Statements

This press release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "may", "will",
"should", "believe", "plans", "intends" and similar expressions are intended to
identify forward-looking information or statements. All statements included
herein, other than statements of historical fact, constitute forward-looking
information and such information involves various risks and uncertainties. There
can be no assurance that such information will prove to be accurate, and actual
results and future events could differ materially from those anticipated in such
information. A description of certain assumptions used to develop such
forward-looking information and a description of risk factors that may cause
actual results to differ materially from forward-looking information can be
found in Cordy's disclosure documents on the SEDAR website at www.sedar.com.
Cordy does not undertake to update any forward-looking information except in
accordance with applicable securities laws.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
For general or investor relations information:
Cordy Oilfield Services Inc.
David Mullen, Chairman and CEO
(403) 266-2067
(403) 266-2087 (FAX)
dmullen@cordy.ca
www.cordy.ca

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