Dejour Secures $7,000,000 Bank Line for Peace River Arch Winter Drill Program
August 26th, 2008Dejour Enterprises Ltd. announces it has secured a revolving operating loan facility with a Canadian Bank initially for up to Cdn $7,000,000. This facility, secured by Dejour’s oil & gas assets in Canada, is at interest rate of Canadian prime (currently 4.75%) plus 1%. The Company anticipates the facility will be increased as Dejour’s proven [...]