PetroFrontier Corp. Announces Closing of Credit Facility
PetroFrontier or the
Corporation ) (
TSXV:PFC) is pleased to announce that it has closed its previously announced credit facility (the
Credit Facility ) in the amount of $2,000,000 (see the Corporation s press release dated March 2, 2021).
Kasten Energy Inc. and Paul Cheung are insiders of the Corporation and provided $1.5 million and $500,000 of the Credit Facility, respectively. The Credit Facility was unanimously approved by the board of directors of PetroFrontier, excluding a director that abstained from voting due to a conflict of interest.
About PetroFrontier
PetroFrontier is a junior energy company currently focused on developing two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta.
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Greenville City Councilman Brent Money talks with fellow Councilman Cedric Dean during the March 9, 2021 meeting.Â
Greenville City Councilman Al Atkins discusses a proposal to grant 1,000 gallons of water credit for Greenville residents in response to the winter storms of February.Â
The Greenville City Council voted unanimously Tuesday night to provide residents a break on their February water bill in the wake of the winter storm that wreaked havoc across the state last month.Â
In a compromise plan, brokered by City Council members Al Atkins and Brent Money, the city will provide 1,000 gallons of credit for all residential customers, while allowing those who had significant leaks caused by the winter storm to seek billing adjustments and provides leeway for residents to not be penalized under an existing city policy if they have a leak in the next 24 months.Â
Anchorage mayoral candidate Mike Robbins is a longtime local businessman. Robbins, who is also Republican House District 26 chairman, says it is precisely his business background that makes him the best choice for mayor. His campaign platform includes messaging that he is the singular candidate with any real business experience. “I’ve worked with hundreds and hundreds of different kinds of businesses over the years, and so that gives me a unique perspective, having run my own business and having made a payroll and having basically started from nothing and built it to something it’s also given me a perspective in the way that I look at life,” he said during an interview with the Daily News last month.
PSIC employment scheme loan distribution from 12th
Lahore
March 10, 2021
LAHORE:Punjab Small Industries Corporation (PSIC) Managing Director Jamil Ahmed Jamil has said that distribution of loans under Punjab Employment Scheme will start from March 12 while 140,000 online applications have been received for obtaining loans under this scheme.
In a briefing to the media about the Punjab Employment Scheme, he said that after processing 4713 applications, 296 applications have been accepted for disbursement of Rs200 million loans.
Under the scheme, easy loan of Rs1 lakh to 5 lakhs is being given without any guarantee while loan of Rs1 million are being given on the guarantees of two employees of up to grade-9 and above one million loan is being given against the property mortgage. Further, markup on loans of worth up to one million rupee is four percent and above one million rupees is five percent.
Crypto firm Cred failed due diligence, set ex-UK fugitive in charge of capital raising
The firm’s collapse into bankruptcy was largely due to a dereliction in corporate responsibility By Wednesday March 10, 2021 7:30 am
Cryptocurrency investment platform Cred unwittingly put a convicted financial criminal identified by the UK as a fugitive in charge of raising and deploying the firm’s capital before its collapse into bankruptcy, a court-appointed examiner said.
An examiner’s report filed on 8 March in the US Bankruptcy Court in Wilmington, Delaware, said that Cred failed to keep reliable records, properly track customer funds, perform due diligence on the firm’s investments or uncover the “extremely worrisome past” of former Chief Capital.