Marquee Energy Ltd. Announces Credit Facility Amendment
01 Diciembre 2017 - 9:15PM
PR Newswire (Canada)
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES
OR FOR DISSEMINATION IN THE UNITED
STATES/
CALGARY, Dec. 1, 2017 /CNW/ - Marquee Energy Ltd.
("Marquee" or the "Company") (TSXV: "MQX") announces that its
lender has completed their semi-annual review of the Company's
credit facility. As part of such review, the credit facility
remains at $12 million, however draws
are capped at $8.5 million with
special approval required to access the remaining $3.5 million. The Company's credit facility
remains undrawn at the date of this press release except for
letters of credit of $0.7
million.
ABOUT MARQUEE
Marquee is a Calgary-based, junior energy company focused
on light oil development and production in the Michichi area of
eastern Alberta. Marquee's shares
trade on the TSX Venture Exchange under the trading symbol
"MQX". Additional information about Marquee may be found
on its website www.marquee-energy.com and in its continuous
disclosure documents filed with Canadian securities regulators on
SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Marquee Energy Ltd.
Copyright 2017 Canada NewsWire
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