Le Lézard
Classified in: Oil industry, Business
Subject: FNC

Journey Energy Inc. Provides Banking Update


CALGARY, AB, Oct. 13, 2020 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") announces a further extension to the forbearance agreement with its banking syndicate. 

Journey reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance period until October 30, 2020 to enable the Company and its lending syndicate to continue discussions regarding the repayment of outstanding bank borrowings.  The company will issue another update on or before October 30, 2020 as discussions progress.

Journey Energy Inc.
700, 517 ? 10th Avenue SW
Calgary, AB T2R 0A8
403-294-1635
www.journeyenergy.ca

No securities regulatory authority has either approved or disapproved of the contents of this press release.

SOURCE Journey Energy Inc.


These press releases may also interest you

at 19:13
A surge in patent infringement by latecomers in the battery industry, and subsequent market distortion caused by unlicensed use of patented technology, calls for strong countermeasures to level the playing fieldLG Energy Solution believes that at...

at 19:00
The Kansas Proving Grounds at Great Plains Industrial Park, a leading facility for testing and innovation, is proud to announce its partnership with SkyscoutAI Innovations Inc., a pioneer in AI-powered wildfire detection and response using drones and...

at 17:26
Vista Energy, S.A.B. de C.V. ("Vista" or the "Company") announced that it has filed its Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission earlier today....

at 17:05
Ur-Energy Inc. ("Ur-Energy" or the "Company") provides the following updates on 2024 Q1 operations, adjustment to our production guidance for the year, and the early repayment of our State Bond Loan.John Cash, Ur-Energy Chairman...

at 17:00
Western Energy Services Corp. ("Western" or the "Company") announces the release of its first quarter 2024 financial and operating results.  Additional information relating to the Company, including the Company's financial statements and...

at 16:58
Clean technology expert firm CleanTech Strategies (CTS) has been selected by the U.S. Department of Energy (DOE)'s Office of Electricity (OE) as one of three selectees to receive a $5 million award each to advance energy storage innovations to help...



News published on and distributed by: