US Credit Facility

Results 1 - 10 of about 124 news for the search terms: US Credit Facility.

SouthGobi Energy Resources Sells Its Metals Division to Ivanhoe Mines

January 1st, 2009

…  approval, its Metals Division to Ivanhoe Mines Ltd. for US$3 million. The Metals Division consists of certain base and precious metals …  with the sale agreement, the company has established a credit facility with Ivanhoe Mines Ltd., which allows SouthGobi to obtain …

Acadian Mining: ScoZinc has obtained order authorizing borrowing of up to $1.0 million

January 1st, 2009

…  for repayment of amounts advanced pursuant to the DIP Facility. On December 22, 2008, the Court granted ScoZinc creditor protection pursuant to the provisions of the Companies’ Creditors …  any rights against ScoZinc while ScoZinc reviews the various alternatives for the restructuring of its affairs until world base metal …

MMX Announces the Restructuring of Acquisition Debt and the Entering Into Long-Term Financing

December 30th, 2008

…  dates of the Bom Sucesso acquisition and (ii) a long-term credit facility with Banco ItauBBA at the principal amount of US$120 million. With respect to the AVG acquisition, MMX will prepay and …

BPZ Energy Announces Increases in Oil Reserves at the Corvina Field

December 29th, 2008

…  (OIP), which represents an increase of 21% over the previously reported OIP of 147 Mmbo. The Corvina oil reserves were based on data …  Corporation towards closing the $200 million reserve based credit facility which we remain confident about and fully expect to close in …

Yamana Gold completes $200 million financing deal

December 26th, 2008

…  deal, securing an additional $200 million in revolving credit. Including a $300 million revolving credit facility, the …  said it has about $500 million in cash and immediate and unused credit availability for corporate purposes. Shares rose 3 cents to …

Gasco Energy Extends Credit Facility; Provides Update on Gate Canyon Test

December 12th, 2008

…  Energy, Inc. announced an amendment to its Credit Agreement and provided an interim operations update on its Riverbend …  led by JPMorgan pursuant to which the maturity date of the facility was extended one year to March 29, 2011. The interest rate pricing …  base rate. The Eurodollar rate is calculated as LIBOR plus an applicable margin that varies from 1.50% (for periods in which the …

Precision Drilling Trust Provides Update on Acquisition Credit Facilities

December 11th, 2008

…  Drilling Trust announced the expected principal terms of the credit facilities with its banking syndicate, consisting of Royal Bank of …  term loan facilities and a US$400 million senior unsecured facility which will be used to finance the merger consideration. The Credit …

Callon Petroleum Company Provides Operations Update

December 9th, 2008

…  Petroleum Company announced that after previously being shut-in due to third-party downstream transmission line and processing facility damage caused by Hurricanes Gustav and Ike, production has resumed at …  with expected year end cash-on-hand, our senior secured credit facility and crude oil and natural gas hedges with a current cash value …

Thompson Creek provides update on capital expenditure plans

December 5th, 2008

…  work on the Endako expansion project will be suspended, we will leave the project in a position to start up again when the …  also has available an undrawn $35 million revolving bank credit facility. Capital spending in 2009 is expected to be $69 million, …

Eagle Rock Exploration Enters into Formal Agreements to Acquire Private Oil & Gas Companies

December 1st, 2008

…  assumed by Eagle Rock on this transaction. As previously announced, the acquisitions of the Privatecos are expected to add …  facilities or employees. The Company’s demand revolving credit facility with a Canadian chartered bank increased to $15.5 million …


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