Petroneft Resources PLC Financing Update (6165L)
14 Enero 2021 - 1:00AM
UK Regulatory
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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