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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Petroneft Resources Plc | LSE:PTR | London | Ordinary Share | IE00B0Q82B24 | ORD EUR0.01 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.085 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPTR
RNS Number : 6165L
Petroneft Resources PLC
14 January 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
14(th) January 2021
PetroNeft Resources plc
("PetroNeft" or the " Group " or the "Company")
Financing Update
PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, is pleased to provide a financing update.
Loan facility
In June 2019 PetroNeft agreed a convertible loan facility of US$1.3 million with a group of five lenders. The convertible loan matured on 31(st) December 2020 however discussions have been ongoing to secure a one year extension to the maturity date. Whilst those discussions are ongoing we are confident that we will be able to announce a successful outcome shortly.
For further information, contact:
+971 55 1919 David Sturt, PetroNeft Resources plc 808 John Frain/Caroline Pearson, Davy (NOMAD, ESM Adviser +353 1 679 and Broker) 6363 +353 1 498 Joe Heron / Douglas Keatinge, Murray 0300
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(END) Dow Jones Newswires
January 14, 2021 02:00 ET (07:00 GMT)
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