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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Gear Energy Ltd | TSX:GXE | Toronto | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.01 | -1.89% | 0.52 | 0.52 | 0.53 | 0.53 | 0.52 | 0.53 | 20,979 | 14:49:26 |
From Nov 2019 to Nov 2024
CALGARY, AB, Nov. 30, 2020 /CNW/ - Gear Energy Ltd. ("Gear") (TSX: GXE) announces an extension to the scheduled date for its semi-annual borrowing base redetermination from November 30, 2020 to December 18, 2020.
Gear's syndicated credit facilities currently consist of available credit facilities of $70 million with the semi-annual redetermination due on or before November 30, 2020. Gear and its banking syndicate have agreed to extend the date for completion of the semi-annual borrowing base redetermination to December 18, 2020 to allow for additional time to finalize negotiations and to obtain required approvals.
SOURCE Gear Energy Ltd.
Copyright 2020 Canada NewsWire
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