Brief: Shamaran Says Requested Bond Waiver To Release Cash From Debt Service Retention Account, Received Affirmative Vote From 100% Of Those Voting

ShaMaran Petroleum

26/07/2023 16:15

July 26 (Reuters) - ShaMaran Petroleum Corp  SNM.V :
    * SHAMARAN CORPORATE UPDATE
    * SHAMARAN PETROLEUM - REQUESTED BOND WAIVER TO RELEASE CASH FROM DEBT SERVICE RETENTION
ACCOUNT,
RECEIVED AFFIRMATIVE VOTE FROM 100% OF THOSE VOTING
    * SHAMARAN PETROLEUM CORP - WAIVER ALLOWS CO TO USE RESTRICTED CASH IN DSRA TO PAY BOND
INTEREST
AND AMORTIZATION OBLIGATIONS DUE ON JULY 30

Source text for Eikon:  ID:nCNW26nPDa 
Further company coverage:  SNM.V 

 ((Reuters.Briefs@thomsonreuters.com;))