Page 24 - Loan Note News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  James Gundy, Group Chief Executive Officer of Braemar, commenting on the performance and the outlook said: "I am delighted with the performance of Braemar this year where, in such a challenging period, we have not only exceeded market and indeed our own expectations for financial performance, but we have re-aligned many aspects of the business towards our new growth-oriented shipbroking strategy. We have also simplified the business, reduced net debt to manageable levels, improved our management structure and put ourselves in an ideal position to capitalise on the global recovery that is n...

Oil price, Predator, San Leon. And finally… Predator has announced results for 2020,highlights as follows. Loss from operations of £1,689,521 (2019: Loss of £1,279,243), cash balance at period end of 2020 £1,325,75 (2019: £109,716) with restricted cash of USD1,500,000 (USD1,500,000 for the period ended 31 December 2019). WTI $66.85 +64c, Brent $69.46 +59c, Diff -$2.61 -5c, NG $2.96 -2c, UKNG (July) 60.51p -3.49p Oil price Another up day yesterday and with it up a few pennies this morning it looks like the week, and incidentally likely the month, will be around 3 1/2 bucks higher with t...

Investegate announcements from Predator O&G Hldgs, Annual Financial Report FYE 31 December 2020

Increase and Extension of Convertible Loan Note URU is pleased to announce that the Company has agreed with Boothbay Absolute Return Strategies LP  to increase the amount of the convertible loan note, as first announced on 6 May 2020, ("Loan Note") from US$250,000 to US$500,000. In addition, the notice period relating to the Loan Note will be extended up until 31 May 2022 with effect from 31 May 2021.  All other terms related to the Loan Note remain the same. The key terms of the Loan Note are as follows:   (i) conversion price is a 35 per cent. disco...

San Leon Energy provides operational update 16 Mar 2021 San Leon Energy, the independent oil and gas production, development and exploration company focused on Nigeria, has provided an operational update. OML 18 In common with many oil and gas projects, operational activity on OML 18 remains low whilst OPEC quota restrictions are in place. In addition, appropriate budget restrictions have been implemented which are designed to preserve cash. Eroton, the operator of OML 18, anticipates the startup of the Alternative Crude Oil Evacuation System ('ACOES') project, which is expected to positively...