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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Ryland Oil Corp | TSXV:RYD | 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 | - |
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Ryland Oil Corporation (TSX VENTURE:RYD) ("Ryland" or "the Company") announces
that it is increasing the amount of a syndicated loan announced on March 29,
2010 from CDN$3.5 million to CDN$6.5 million. Loan proceeds will be used for the
acquisition of royalties from third parties on leases held by the Company's
subsidiary, Pebble Petroleum Inc. and for general working capital. Ryland is not
obligated to draw down the full amount of the loan and will issue bonus shares
to the lenders only with respect to proceeds which are actually advanced. All
other terms of the loan are as announced in the Company's news release of March
29, 2010. The loan and the purchases of royalties are subject to regulatory
approval.
Gerald J. Shields, President
Issued and Outstanding: 198,327,535
1 Year Ryland Oil Corp Chart |
1 Month Ryland Oil Corp Chart |
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