Brief: Freehold Royalties Ltd. Enters Into Agreements To Acquire U.S. Midland Basin And Eagle Ford Basin Assets For CAD$155 Million
07/07/2022 13:07
July 7 (Reuters) - Freehold Royalties Ltd FRU.TO :
* FREEHOLD ROYALTIES LTD. ENTERS INTO AGREEMENTS TO ACQUIRE U.S. MIDLAND
BASIN AND
EAGLE FORD BASIN ASSETS FOR CAD$155 MILLION
* FREEHOLD ROYALTIES LTD - U.S. ACQUISITIONS WILL BE FUNDED THROUGH
UTILIZATION OF
FREEHOLD'S EXISTING CREDIT FACILITY
* FREEHOLD ROYALTIES - WILL PROVIDE UPDATE ON 2022 GUIDANCE AND PAYOUT
LEVELS AS
PART OF ITS Q2-2022 RELEASE AFTER MARKET CLOSE ON AUGUST 9, 2022
Source text for Eikon: ID:nGNXcf9v2p
Further company coverage: FRU.TO
((Reuters.Briefs@thomsonreuters.com;))
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