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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Inplay Oil Corp | TSX:IPO | Toronto | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.01 | -0.45% | 2.22 | 2.22 | 2.26 | 2.26 | 2.20 | 2.23 | 26,436 | 21:10:11 |
From Jun 2022 to Jun 2024
CALGARY, AB, June 13, 2023 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce the completion of the annual renewal of its syndicated Senior Credit Facility.
InPlay's Senior Credit Facility has been renewed at $110 million comprised of a $95 million revolving facility and a $15 million operating line of credit (together, the "Senior Credit Facility"). The borrowing base of the Senior Credit Facility has been reconfirmed at $110 million and the term out date extended out to June 30, 2024 with a maturity date of June 30, 2025.
This renewed lending facility provides InPlay a position of stable financial liquidity allowing us to execute our capital program, continue our strategy of returning capital to shareholders and providing a competitive advantage to capitalize on potential strategic acquisitions opportunities.
SOURCE InPlay Oil Corp.
Copyright 2023 Canada NewsWire
1 Year Inplay Oil Chart |
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