Bengal Energy Provides Update on Debt Settlement and Equity Financing
Calgary, Alberta--(Newsfile Corp. - February 19, 2021) - Bengal Energy Ltd. (TSX: BNG) (" Bengal " or the " Company ") is pleased to provide an update with respect to its previously announced debt settlement transaction (the " Debt Settlement ") and concurrent private placement. Bengal has now received formal written notification from the Australian Foreign Investment Review Board that it will not object to the Private Placement. As previously announced, the Toronto Stock Exchange (the " TSX ") has conditionally approved the Private Placement, subject to Bengal fulfilling all o...
Source: menafn.com