Brief: Hemisphere Energy announces strategic debt refinancing

Hemisphere Energy

15/09/2017 22:22

Sept 15 (Reuters) - Hemisphere Energy Corp  HME.V  
    * Hemisphere Energy announces strategic debt refinancing to 
accelerate growth and development of its southern Alberta oil 
assets 
    * Hemisphere Energy- entered into senior secured credit 
agreement providing for  facility of up to $35 million, with 
initial commitment amount of US$15 million 
    * Hemisphere Energy Corp - Hemisphere has made an initial 
draw of $10 million of initial $15 million commitment under new 
credit facility 
    * Hemisphere Energy Corp - new credit facility has maturity 
date of September 15, 2022 
 
Source text for Eikon:  ID:nCNWh4JCka  
Further company coverage:  HME.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))