ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

LSI

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:LSI 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 -

Lonestar Amends Bridge Financing Term

31/08/2009 9:53pm

Marketwired


Lonestar West Inc. (TSXV:LSI)
Historical Stock Chart


From Aug 2019 to Aug 2024

Click Here for more Lonestar West Inc. Charts.

Lonestar West Inc. (TSX VENTURE: LSI) ("Lonestar" or "the Company") announces that further to its press release dated July 13, 2009 announcing the completion of a subordinated secured debenture financing in the aggregate amount of $180,000 (the "Loan") carrying an annual interest rate of 16% and having a maturity date of August 31, 2009, the Company and the debenture holders thereof have agreed to extend the maturity date of the Loan to August 31, 2011. All other terms of the Loan remain unchanged. The obligations under the debenture are secured by Lonestar's grant of a security interest in its assets (including the assets of its subsidiaries) in favour of the debenture holders (the "Security Interest"). The Security Interest shall be subordinate and subject to any loan or credit facility and any replacement thereof between Lonestar and a subsequent lender, at the Company's discretion. None of the Company's common shares or securities convertible into common shares are being issued in connection with the Loan and no commissions or finder's fees are applicable in connection with the Loan either.

About Lonestar West

The Company is an Alberta based company providing industrial vacuum services. The Company currently operates a fleet of six vacuum trucks and two hydro-vac trucks. The Company's customers are primarily engaged in oil and natural gas exploration and development and mid-stream infrastructure construction and maintenance.

For more information please visit the Lonestar West website at www.lonestarwest.com.

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.

Contacts: Lonestar West Inc. James Horvath President & CEO 403-887-2074 infor@lonestarwest.com

1 Year Lonestar West Inc. Chart

1 Year Lonestar West Inc. Chart

1 Month Lonestar West Inc. Chart

1 Month Lonestar West Inc. Chart

Your Recent History

Delayed Upgrade Clock